Search results

I see that thread is really long. Is there available anywhere a list of rules for AHG method? I mean defined, concrete rules. Not fortune cookie wisdom like "do what the price tells you to." And example of "defined, concrete rules" would be: go long when conditions x, y, and z are...

Looks very cool but you would lose money in a choppy environment.

Too bad you can't trade the ES with amazingly tight stops because there's so much noise.

Trend in the morning, mean reversion around noon. So i hear.

No, cuz a $1000 account isn't enough to Martingale my way out of losing trades :D How many contracts can you buy with $1000 anyway?

Uh that one's not a holy grail, either.

I'm eyeballing it over the last few days on the ES and it doesn't look very profitable. Often price doesn't touch the 20 EMA until it's reversing

^ thanks, I'll read through that and I'm sure I'll make some posts in response :D

Hey Anekdoten, Thanks for the reply. So it looks like you're saying to look for divergences in reversal patterns (triple tops/bottoms in your example). But I don't see that. The volume peaks don't necessarily line up with the tops/bottoms (see attachment). Also, in my original post I...

Brilliant insight into the use of volume :D You came out of lurker status to feed the trolls and hijack my thread? lol

Or he could just tell someone the rules and they could code it.

For everyone asking for a 5 min chart, here you go. What does it show that a 133 tick chart does not? Volume bars are still colored by default (bright green = up candle, dark green = down candle).

How does that differ from the up tick/down tick that someone mentioned before?

On a related note, I've read studies suggesting that trailing stops result in net losses (unless they're very wide, in which case you might as well not use them).

That's a holy grail? What? Someone code this up and backtest it. What is her exit criteria?

I only see them after the fact. Maybe I need to study my own indicator some more :confused: Tell me what you're seeing. I can post some more screenshots if you want.

I see 3 really awesome trades in there, too. And a bunch of really crappy ones. Are you saying that the 3 really awesome trades were identifiable from the bad ones before the fact?

Oh. I thought you were saying there is one specific correct way to do it. I can color volume however I want on my chart, and if I couldn't modify the volume study, I could just write my own for special colors or whatever. When you say "up," do you mean an up candle, or a volume bar...

The only thing I've ever come up with that almost makes volume useful for trading is this. Basically the difference between up and down volume. I colored the candles based on this. But it's still useless. Trading based on these signals = loss (so do the opposite, lol).