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What? When the indicator that guy was talking about says to sell, you actually buy. That's more like buying highs and selling lows, except not at the peaks, so there's still room for profit.

Here's what I'm talking about. Someone posted an indicator with buy and sell signals. I coded it and realized that if you faded it you would do much better. I attached two charts: http://www.elitetrader.com/vb/showthread.php?s=&threadid=131870

Oh apparently if you do "preview post" it removes your attachment. Sorry. Here.

Where the hell is my attachment?!

Attachment on post 3 I found this posted on another site and thought I'd post it here. It's probably a repost but whatever. edit - it says it's too long to post so I've attached it. This guy says "always be fading." I think I might try that. Almost every time a popular indicator...

IRONFIST RSI FADING SYSTEM Buy this code for only $99,999.99 + 50% of your profits for the first 6 months. Act now and I'll reduce it to 50% of your profits for only the first 5 months!

Actually I might fade that system :D I could always reverse the arrows so that the signals appear correctly (in reverse).

Here you go. 14 period RSI. If RSI is over 75, you get a red down arrow over price meaning SELL. If RSI is under 25, you get a green arrow under price meaning BUY. Looks like you'll be selling into a lot of uptrends and buying into a lot of down trends. It gives sell signals at the...

Oh wait I wonder if they mean $PREM

http://www.programtrading.com/indicators.htm Anyone been to this seminar or whatever? Usually I can find whatever I want on the internet but I can't find anything about this. Did they make it up?

Your broker probably sent it to you because it has to be sent to all clients. PDT rules only apply to stocks. You can trade futures as much as you want with no $25k rule and no wash sale rule :D

SierraChart has that as a built-in study called "N bar highest high n bar lowest low." You just specify the value for N.

Based on my interpretation of the rules and my limited SierraChart worksheet abilities: (not backtested, I made this a few minutes ago) Go short when prices are below the red MAs and candles are pink. Go long when prices are above the red MAs and candles are light blue. Don't do...

Plot the following EMAs: In blue: 3, 5, 7, 10, 12, 15 In red: 30, 35, 40, 45, 50, 60 Here's a page that explains it with some rules: http://www.guppytraders.com/gup329.shtml It looks like this (see attachment)

I came in here to reply to a post that must have been deleted.

The little window on that site that floats around and tells you about stuff is awesome, yet not annoying. Whoever coded that site gets an A.

I like the idea that that site promotes. And I also like this system, with a compounded annual return of 609 million percent over 69 days: http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=32081816&session=878570512303523256190427653988741#atonly

It's supposed to be an add-on for many popular charting programs like SierraChart, NinjaTrader, Trade Station, etc. http://www.scalpersoftware.com/ Tells you exactly where to buy for scalping. Oh and it says it might be inaccurate on trending days.

Remember that with Heiken-Ashi the candles you are seeing do not represent the actual prices. HA candles are derived by applying some formula to regular candles. They are good for showing trends, but not for showing actual prices. There's an article that was linked to here explaining why...

Maybe he trades currency and he meant he makes 100k Yen each day... so like $940 US.