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What does "1-min measured move" mean? -bbc

At what point would you define a trend / reversal as apparent? -bbc

It's an interesting question whether this is true or not. While the results are best on the Russell, the late afternoon breakout w/ hold until the close is moderately profitable on all the indexes. If you look at the big SP, very simple variations of this strategy work ok (1.2 - 1.3 profit...

Do you have any idea when this might happen? -bbc

I've just started watching the HSI futures out of Hong Kong, and I am definitely liking what I see. Unfortunately IB clunks out right in the middle of the trading session for their "scheduled maintenance". Apparently the only way to keep IB going during this time is to have them switch my...

I think the key word here is "Largest funds". These guys are at a huge disadvantage compared to smaller funds (5-20 mill), since they are locked out of almost every futures market outside of Currencies, Interest rates, and stocks indexes due to their large size. -bbc

Thanks Quah. I read about the procedure, and it's truly bizzare. So basically every day of the month the closing price is where the futures close at 1:15pm. But once a month, the closing price completely ignores all the trading between 1 and 1:15pm and instead is computed from the cash close at...

I was just looking at my ES and NQ charts for today (Friday, May 28th) and I am seeing something weird. According to the CME website, my CSI data feed, as well as the Esignal daily resolution charts, the ES closed at 1120.25. However, if I zoom in to the 1 min resolution in Esignal, the price...

Think about it this way, it's extremely rare to buy the bid/sell the ask in ES without the price ticking through to the next level. Hence in order to hit your target of .25, the price actually needs to move .5 in your direction. But to get stopped out at .75, the price only needs to tick...

And where do you think the exits lead to? -bbc

It might be a while before most brokers make shares available for shorting. -bbc

I was thinking about buying in the same spot, but here is why I didn't. The setup looked decent as a bounce of a previous support level. However, I had glanced over at the Russell 2000 and the SP Midcap 400 futures, and both had sliced right through support and were already setting new lows for...

Thank you! -bbc

Oh really? The craps table has odds of around 49%, which makes it almost a breakeven game. If you think you can use MM to turn a losing system into a money machine, I recommend you hit the casino and make a fortune. -bbc

I don't see how that's particularly relevant to this discussion. Assuming an average of 250 trading days per year, your data consisted of 17,750 bars (71 * 250). Testing five years worth of 1 minute resolution data, assuming 6.5 trading hours per day yields 487,500 bars (6.5 * 60 *250 *5)...

When I tried using 1 minute resolution data in WealthLab (this was about a year ago, not the current version), loading just a few years worth of data brought the entire computer to a grinding halt and used up all the memory (1GB of ram). In contrast, loading the same data into a custom C program...

I think newbies should first work on their basic math skills :-) 45,000% growth would grow a dollar to $450, not $45,000. -bbc

Just out of curiosity, what are the other eight systems based on? I would think that between a swing, a reversal and a breakout system you'd have almost all possible trading styles covered. -bbc

Could be a while. Check out 1992-1995 on this chart: http://www.turtletradingsoftware.com/forum/viewtopic.php?t=968 -bbc

Has anyone had good experience with any charting tool that works with historical intraday data. Both Sierra Charts and WealthLab crashed after I tried to load 8 years of one-minute data (from TickData). Amibroker loaded the data, but the charts are as ugly as they come, plus as you change the...