Search results

  1. C

    indicators to show if support/resistance will hold

    I simply provided an explanation as to why the absence of Sunday's ES price action is not necessary on that chart. The indicators would look the same if SPY was plotted rather than the ES. I understand it's a different situation for longer term oscillators that analyze historical price...
  2. C

    indicators to show if support/resistance will hold

    The programetrics chart I posted is fine, it simply plots the day session in the U.S. when equity and option markets are open along with the futures being traded. I assume most people understand the concept of arbitrage between S&P futures, the individual equities themselves, options on...
  3. C

    Automated trading for those without a programming background?

    If you want to be able to eventually learn to do any of your own coding use tradestation where the easylanguage code will be much easier to read and modify. I would suggest you hire someone like playa consulting to make your initial strategy with all the inputs you need to do your basic trade...
  4. C

    indicators to show if support/resistance will hold

    The gap in data is the weekend. Though these charts plot the ES futures contract since that is what most clients are aparently trading, the main indicator on these charts is monitoring equity program trading since that indicates what the longer term big money in equities from hedge funds and...
  5. C

    indicators to show if support/resistance will hold

    In terms of stocks it can happen that price levels find a following of buyers or sellers that show up repeatedly for a few days entering or exiting large positions. For indexes the only analysis I find useful comes from a firm called programetrics that I recently began watching. Their...
  6. C

    Position Trader Price Analysis

    sorry it didn't take the first time
  7. C

    Position Trader Price Analysis

    This is kinda longer term analysis, some times you can see program trends that last for several days and could just hold a position if that is what you want to do. On this chart that covers yesterday and today you can see the "long term" trade, in this case meaning overnight, and where you...
  8. C

    Volume analysis is to be discarded as it is "too much information"

    Total Volume has lots of noise and is not terribly reliable as an indication of future market direction, what counts is what the trading programs are doing and how their trading volume is related to arbitrage between futures, options, and the underlying equities. Seperating the underlying...
  9. C

    Q. How do I track a stock and index in a Tradestation 2000i study

    you can insert multiple symbols in a single chart, for example if your system is going to trade MSFT, you might want to put COMPX or QQQ in the chart for correlation analysis, etc. the index can be visible or hidden so that you don't actually plot it. In your strategy, Data1 is going to be...
Back
Top