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5pillars, Regarding the room you mentioned in your last post, where is this room ? maybe some traders here be interested to join in, I guess its all for futures trading, so no place for me there :) I have a question for you, your candlestick charts are 317 ticks, which means every candle...

bit, Nobody asked don to lower his fees, just keep him away from closing our underground prop firms ;)

Don, Believe me your post was not the smartest thing you did this month :) I always respected you and I still do but I don't believe that everybody is gonna like you now that you will be the cause (or one of the causes) that will force some traders to close their profitable accounts...

5Pillars, Can you elaborate on this one please, what is a divergence configuration ?

dcraig, I got what you mean, you are calculating the moving average for each bar as in backtesting, I thought he was talking about calculating it in real time, sorry my mistake :)

I really don't understand the above. Isn't the simple moving average the summation of all the prices during the number of days divided by the number of days ?

Not intended to discourage you but going in and out of a trade withing only one second means you are catching one or two cents if you are trading stocks. If this is the case then all the odds are stacked against you and doing so using market orders is a real killer, this is trading frame for...

Continued..... So lets develop a simple strategy using the above. I call this "The wall resistance" we watch for a stock like AAPL and calculate the average number of shares needed to break a level, then we watch for the price action and wait till we see at a certain level that the...

Thanks everyone for participating in this thread, I see alot of enthuism here. I hope we can all enhance our strategies using our discussion here. To continue my post: lets examine how we can benefit from market delta, I do believe that market delta alone is deceiving because as I said...

ok, lets first define what is market delta, I am not sure if there is an official definition but simply its the difference between the total number of shares traded on the Ask and Bid. lets take an example, AAPL is being quoted $75.55x75.56, now someone hit the ask for 500 shares. market...

In another thread discussing identifying trending and ranging days I suggested using market delta, some fellows got interested (mainly billp) and we had some PMs discussing the subject as not to get off topic in the other thread. We agreed to have a dedicated thread for this subject to...

guys, no more automated traders ? :)

I know the prop firms that accepted $1000 deposit from him. But what does this has to do with where the kid disappeared ? :)

That guy was really nice. any body knows his private email so we can email him and invite him back ?

billp, please see my comments below

billp, let me elaborate more. First let me clarify how I count market delta: 1- I define a variable "currentMidLine" its simply (bidPrice+AskPrice)/2 , of course this value changes whenever level1 quote changes, ie whenever the bid or the ask changes. 2- I watch for all the prints...

I know exactly what you mean by being tired of testing :) people think trading is easy and some think automation will just pour gold on you, ok think again :) it takes days and nights to just grasp the smallest concept and put it in action and still there are lots out there to learn...

Although I am still testing my automated system but I thought to put in my 2 cents. in my experience to differentiate between trending day and range day you need to watch the market delta. I usually wait for the first 30 minutes (I am talking about stocks) to pass then I start counting the...

ImamicPH, Thanks for your contribution. I have 2 questions: 1- which thread you are referring to ? 2- How are you connected directly to the exchange ? I thought you have to pass by a broker first, unless you are a member of the exchange, right ?