for the love of God do NOT trade UNG - it is the worst investment product known to man. goog "ung problems" and see what comes up. this issue has been discussed in depth.
w/ trendlines it takes some (ok maybe a lot) of work to get what's in your head (e.g. i know a trendline when i see it) into writeable code. below are some hints which should work for any program:
you mentioned period of 10 hours - this is easy just use hourly charts and specify length as 10...
when you're dealing with a low absolute cost of options it's dangerous to say "ignoring commissions" b/c those will def add up. unfortunately optionshouse got ride of their 9.99 for unlimited contracts a while ago b/c everyone took advantage of it.
the highest volume contracts are oil, nat gas, heating oil and gas below are their tickers
CL, NG, HO, RB
these are all traded electronically on cme (well nymex which cme bought a few years ago)
the es is the s&p - by definition they are related b/c they are each other - the es is just the futures contract of the s&p index - the values have to equal (accounting for net cost of carry) otherwise arb would eliminate the diff immediately
don't know what the policy at tda (former tos) is now but i don't think they're as willing to negotiate individual rates as tos was - correct me if i'm wrong anyone who's tried this recently
+1. i've graduated from there - it's the most expensive but also gives you the best education.
my advice - don't spend a penny at a traditional school (either bricks and mortar/online/etc) - just spend all your time reading and testing strategies - there are plenty of quality free resources...
use the 20 dma as a measure of trend - if price goes below that then get out and re-enter if it moves above
you have to be careful trading penny stocks like other posters said b/c of the liquidity getting out but also getting in - you can spend all day trying to work an order - you might want...
there is plenty of liquidity in NG unless you're trading $1B+ intraday
there are plenty of trends in NG on all timeframes incl intraday and esp on inventory thursdays - there's no need to be a gunslinger and enter ahead of the release b/c the trend usually picks up after the release of the number
http://www.marketvolume.com/indexes_exchanges/r1000_components.asp
you have to register (I haven't) but it's free apparently.
after registering, click on the technical analysis link on the right then click on the chart button on the top
hope this helps
how is this possible given that IB throttles their data and you only get a snapshot whereas IQfeed is a pure feed?
the only explanation i can think of is if you're looking at relatively longer term charts so you wouldn't be able to see the diff anyways.