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Too slow and lagging? I agree that standard MA's seem fairly useless. At best they can indicate current trend, but they're far too slow to indicate a reversal of trend.

Also, @Visaria: I'm genuinely curious about your experience with the Al Brooks course you took? Did you go for a refund like you said you would or did you end up finding it useful? I read his first book many years back and thought it was interesting, although it's quite different from my...

Detailed knowledge of the market I'm playing.

I already have a system which is working well and I have zero interest in your shitty system for sure. Get back to your journal and daily massive long signals. That's all you're getting. :)

What was your signal? Live calls might be interesting, but it's much more interesting to understand the rationale behind the signal. While you seemed to have secured a nice morning scalp, the better signal for today would be to short the double top at 600 with the large gap below as an...

In order to optimize profits, you need to optimize both. When entries are good, risk is low and profit potential (exit) is much bigger. For my purposes - an exit or entry signal shouldn't be very different from each other. Often, your exit signal might be reversed for a new position in the...

Casinos have deeper pockets and can endure drawdown. If you want to day trade ES you simply can't have a low winning percentage, unless your winners are huge which again isn't very likely on average. Other instruments which are less prone to retrace and backfill might be different.

Thank you for your post. Generating a signal is not usually a problem. Generating a signal which is reliable and not false; completely different story. I do not use 'classical indicators' to give me signals yet, although I do have a few indicators which helps tell me what's going on. But...

Could you elaborate? On what market? And what time frame? My comments relate to ES. Day trading. I'm sure other markets may be different.

I agree with that. An indicator or a suite of indicators would need to be part of a larger system. I don't believe in KISS either. Time along x and price along y - what would be along z, then? Surely not volume?

Another interesting signal is what I call tail bars. I think the logic supporting them is also solid. I wouldn't go long/short on a tail bar alone, but if my system/analysis otherwise suggest a buy/sell, a tail bar around a perceived bottom/top is a good additional support, IMO. Always best...

Markets have their own idiosyncrasies. My focus is ES. One pattern I find to happen a lot on ES is what one would have to label a false breakout. I think Victor Sperandeo calls it 2B patterns. It happened on yesterday's break of the RTH lows. Seeing how swiftly that level was reversed...

No worries. I have zero interest in your 'massive' long signals which seems to happen on a daily basis. Keep your trading 101 stuff to yourself. :)

Maybe I'm ignorant, but I'm not fully convinced by 'order flow' or 'bid/ask' volume analysis. Particularly in a market such as ES which is my focus. That's why I was curious if you had any actual data to suggest it actually provides an edge over anything else. Simply put: if it works only now...

Jesus... I already have my own signals. I'm curious to hear what other people use. If people are offended or don't want to answer, then read on and do something else. With all due respect, you seem like an idiot.

What's with all the negativity and cynical remarks on this site? What's a forum if stuff like this can't be asked and discussed? I'm an experienced trader who have done my due diligence and more, so you couldn't be more off the mark. I've been some over at Big Mike's forum and it's a...

Have you backtested these type of signals? :)

ES now: Retracement still or a reversal? Other parts of my system is not in agreement, so I'm not buying this today. I'm thinking this is what some people would call a false breakout or merely a retracement going further than the prior ones. But this is in essence what I'm asking. Still...

Ah. If that's what you meant by coding, I'm already deep into the rabbithole and started this years ago. I have proprietary software for backtesting/backchecking and have done a lot of work in Excel on this. But I am learning to program myself in order to have complete control of my current and...

Again; intriguing. FWIW, I do know some basic code and am planning to become competent eventually. I also agree that markets are not news driven, but technical in nature. At least intraday. It's still not clear to me what you mean by 'code whatever instrument'. Are you talking about coding...