On Friday, in addition to the power outage, we will have to digest an options expiry and so-so Dell earnings. We may have a relief rally on Monday, though.
Here's a good, and easy to implement, solution: for each ticket symbol, using robust statistics (i.e. median) estimate the max. distance between consecutive ticks, and filter out outlier ticks. Throwing out a few good ticks is not nearly as harmful as letting a bad one in.
For example, the Keltner Bands are calculated using the ATR of N consecutive bars. An out-of-bound tick results in a very long bar which in turn widens the bands.
Stochastic is a counter-trend indicator. It works as long as one takes postions in the direction of a trend, and uses stops to protect against a trend reversal.
I opened a F&FA hoping to make it easier managing eight individual IB accounts that belong to myself and my family. Unfortunately, there was no way to transfer an existing account under the F&FA umbrella, and I did not have time to go through the "new account" /"transfer" sequence, times eight.
Hello,
Could someone recommend charting software capable of displaying the intra-day performance of a pair, preferrably in real-time?:
i-d perf = symbol1_%change - symbol2_%change
Thanks,
dis
We rolled right into a trap Saddam set for us, and are backpedaling. Both Plan A (decapitation) and Plan B (storm) are already history, and we a left with Plan C (siege a.k.a. quagmire). If this is success, what is failure?