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So do what degree are all those "S" signals hindsight?

Thanks for the response. I won't ask about the details of your system, but did wonder about one other thing you mentioned once: that MACD was one of the most important and overlooked indicators. Do you actually use MACD as an important part of your system? Or were you just encouraging others...

spike: I've read all your posts and appreciate the info you have provided. Just one question: In one of your posts you mention that you tried to train several other traders, but that they have not done so well. Were they using your system, or signals from your system? If so, what, in your...

I'm curious as to how you came to use a 50 day EMA with ES.M (front month only) contract data. The EMA will usually not be accurate (not enough days for most of its history), and am unaware of others who use it this way.

No, what you are interested in for an intraday hedge is relative intraday movement. Based on last few weeks, ES ADR is about 9.4, and YM is about 90, meaning point-for-point intraday ratio is about 9.6 YM/ES. So, to hedge 15 YM you'll need: 1 ES pt x $50/pt x n ES = 9.6 YM pt x $5/pt x 15...

Based on ADRs, you can expect about 2.5 pts of YM movement for each ES tick (2.5 x $5 YM = $12.50 ES), so you had the right idea.

Rather than chasing every last suggestion, why don't you work on an API that would allow us to add indicators via externally compiled code? Then we could plot whatever we needed to plot, and you'd get a lot more help from third parties, and would be able to more directly compete with programs...

Agreed. People are fooled into thinking there is something special about the high OR low being so often established early in the day, when in fact a random walk would produce the same results. In other words, after price has wandered up a bit, it is unlikely to make it all the way back to its...

It's about inertia, not attraction. When the boys know you're coming (as with a scheduled news event), they get out of the way plenty fast. At other times they know that most moves fail (mean reversion), and they are happy to absorb your mistaken trend following market orders.

From one of the reviews: A Japanese scientist decided to conduct an experiment. He wanted to understand the molecular structure of water and what affects it. Because water is the most receptive of the four elements, he suspected it may respond to nonphysical events. So he set up a series of...