Search results

Thanks everyone for your comments. I got a little stressed out yesterday. Everything's fine. I'm in this for the long haul. Trading for a living at this point is my dream. Hopefully in time it'll become reality. Not many setups in the past week so it's natural for the thread to drift. I'm...

3dog: Thank you for pointing out my error. I kind of went nuts after reading your post and checked it out. When I found it to be true I starting feeling sick. I then went and setup two graphs of the emini. Top using the chaikin and the tick count and the bottom using the chaikin and the...

No trades today for this method. Almost had one with the upmove at 11:15. Unfortunately it didn't set a high above 1003 so there wasn't divergence between price and volume. Hopefully better luck tomorrow.

I can't give you hard numbers because I've not been able to create my method in TS. My OPINION is that the ES volume is unreliable using my method. My rationalization is this: The volume divergence I'm trying to detect is caused by institutional players. The guys that buy a SP contract...

Yeah, I've noticed the limitations in TS also. I tried to codify my method for more than a month and found I couldn't get it to accurately reflect the trades. I tried lots of code like yours and just kept missing most of the trades. I guess it can't be done. Thanks for your effort.

See bottom of page 32.

I'm no TS expert, but the weaknesses in offshore's code that I see are: - the system doesn't take the sequence of events necessary for a trade to be initiated into consideration. It just looks for the evidence of the events having occurred. It's important to not look for divergence before the...

I plugged in offshore's short system and tried it. It missed most of the trades so it needs to be fixed. It correctly had the 8/8 trade and the first 8/18 trade. It missed the 2 trades on 8/4, trade on 8/6, trade on 8/13, and trade on 8/14. I hope he can get the code to accurately reflect the...

It's just a general observation at this point. I've noticed that trend days seem to be more likely when the opening gap is above or below the previous days high or low. Waiting for the market to come back past the previous close just increases my confidence the day isn't a trend day.

In the past I've traded mostly in the afternoon. When I'd see a morning like this, I'd normally forget about trading the rest of the day. Since I'm trading from the start of day now, if the first trade is a loser I have to assume it's a trend day until the market proves me wrong. If it touches...

On the first trade I think I screwed up. The first bar today should've been the start of divergence. Then the 8:40 bar would've been confirmation and the 9:05 bar should've been the entry. Since this is looking like a trend up day, no short signal using my divergence method would've worked.

I saw divergence starting with the 10:05 bar. Then you'd have to wait for a new high above that bar to be made while divergence persisted. Then you'd wait for the first down bar before entering. I'm not trading until the market hits the bottom Keltner Channel (to indicate this trend move is over...

I'm waiting to see evidence that this isn't a trend day. We've bounced above the middle keltner channel (20 period ma) twice. This is usually a sign of a trend day. No point in trying fight it.

Thank you for your ideas. If I could backtest the exact method in a systematic way and I found it to be a disaster, I wouldn't trade it either. In reality, whether it hits one band or the other isn't of much concern. If I saw the method bouncing at say the 20 period ma and then making new highs...

I plugged it in to my system. I only see the 8/8 trade for August on the short side (prior to today). It seems to have missed 5 of the 6 short trades for the month. If you can fix it, I'd love to see the results for the past few years.

Magna might be able to help. I think he found E-Sig had the slow and fast reversed in their Chaikin Osc.

Candle, welcome to the thread. I don't mind skepticism. I too am a skeptic. That's one of the reasons why I prefer posting in realtime. The only withdrawls in my past results were for withholding (taxes). Up until now it hasn't been much money. Since I don't know what future profits will be, I...

I guess you guys were busy over the weekend. I'm on page 53. Can't believe this journal generates so may posts. If there's something I need to clarify...I will.

Thanks Visiontrader. I setup another screen to watch your indicators. It didn't help with this trade, but I'll be watching to see if it improves the overall method.

Entry was too early. Probably should have waited for evidence of a non-trend day before entering with the gap open above last weeks high. At least it wasn't stressful. In and out in about 5 min. I'll need to see evidence this isn't a trend day before taking another setup. 1. ADX crossed...