Search results

version, ...And mechanical dude himself says he has lost 100's of thousands of dollars. Maybe he backtests too much... like most users of TS do... You have to read, I said I lost cause i did NOT backtest before...and followed any stupid ideas and opinions about Mr. Market....

@floortradr542 I lost a lot of money Year after Year by doing the same stuff, I try to keep you from....i can`t count the times i thought I got it now and, hey I have just to do this and that making lot of money, never had the skills and the energy to do boring testing stuff.... You will...

A short Replay: The original approach with up to 5 entries/day, originalrules, trading every time of day, AND 20,-$ Comm/Slip. did something around MINUS -17000,-$ the described version did PLUS 6800,- $ If you are not testing strategies you are going the suicidal way....100%

...a 30 Min CCI over it`s average by just, lets say 1 or 2, or even just 0.4, means nothing, it`s more or less congruent with the average, that does not define any Oversold/bought condition. By using a trigger threshold, means the CCI has to be some numbers over/under it`s average it`s more...

The most logical things don`t work... A stop 1 Tick over/under HOD/LOD is used by most amateurs and you often get faked out by the big boys by stopfishing... By adding some more Ticks , this thing gets more profitabel, a Stop ~ 0.75-1.0 point from HOD/LOD makes a lot of difference. Best...

In other months, or more usual months, you have reversal to, but not big enough to compensate the loss in trenddays. Here we see the Nov. last year. First you can see a lot more trendiness, more trenddays, and the reversalsdays have much less points then we had in march. Reversalplay was a...

Before going further with the system, we should know why this thing did perform well in march und very ugly in other months. On 15min, i colored the days, you can see very wide and fast, often complete dayreversals without any remarkable retracements. Of course you could make money with...

the exit after CCIAV cross on 5 min is crap, you get whipsawed most of the time, it`s useable if you want to save some nice profits you already got. Changing the rule to use this exit only if High of bar > entryprice + 4 points Short inverted rule. This was profitabel in theory, you see...

...fading afternoon breakouts/trends is a fools game, also look at Linda Raschke about this stuff, or test it..... with optimized parameters, 20,-$ commissions/slippage, 1 trade/day the best timewindow to trade was between 1015 and 1200, the very worst was any after 1300. But with your...

I really feel i have to keep people from losing money, may be it helps to be more constructive. 1. Why using the default Length of (20,10)? It`s just the default of the CCIAV in TS. The same with the default 14 in most other indicators, it was an error of Wilder to use 14, he wanted half the...

NPP, .....March was a great month for this method. Lets see what April brings... Yes, that`s right, march worked fine, but why don`t any of you make simply a backtest? You all should a little bit reduce the euphoric mood about a strategy working one single month, do some serious work, go...

....some additional thougts about using indicators like CCI or any other... indicators work much better on longer timeframes as weekly/daily, cause the limited bandwidth of marketspeed/chop. Its the cyclelength problem why many experts looking for some solutions >> kaufmann`s AMA, jurik MA...

As far as I can see is this a temporary success, if at all... This system is losing not only in trends, but in choppy and spiky and flat environment, the Chart on the examplechart shows a market with very nice swings, nicely rounded, excellent. You can trade such a market with mostly any...

FT, A very last hint, the day of week stuff, the last ~15-18 months, mondays had the lowest range of the week, breakouts performed very poor on mondays, but in 2002, mondays had the largest range and breakouts did very fine on mondays, so look into the marketconditions and find out why...

Steve, i have a pdf of this book, and it`s hard stuff to go through all this tables, but i learned my lessions and found some own ways to predict volatility (to some degree..). It`s of the same (if not more...)importance not only to know how to trade, but to know when not to trade, so I sit a...

@steve, I missed one case.... medium enhanced results if yesterday and 2 days ago was an inside. May be useful for you guys. One Inside Bar is not enough (nowadays)

@steve, Hi, exactly, that`s the stuff useful! With inside bars i got some surprise with testing as condition(day before) for a breakoutsystem(YM). The results were worse if the day before trading breakout was an inside Bar, but produced very good but rare trades if there was 2 days ago an...

Daily Pivot Price = (High+Low+Close)/3 Second Number = (High+Low)/2 Daily Pivot Differential = IF(Daily Pivot Price > Second Number, Daily Pivot Price - Second Number, Second Number - Daily Pivot Price) Pivot Range (Low) = Daily Pivot Price - Daily Pivot Differential Pivot Range...

If you believe this working you can simply look for Doji`s, the candletraders believe a higher prob. of reversals after a Doji Bar....

Here some example why this stuff is useless... Low = 60 High = 63 Close=61.5 range = 3 Point Daily Pivot Differential = 0 Low = 60 High = 70 Close= 65 range = 10 Point ! Daily Pivot Differential = 0 and so your Pivot Range width is also 0.... You got 2 days, the last...