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Can someone please define DoubleMA(3,SMA,3,SMA) for me? I don't use NJ and my understanding of a double MA is essentially a crossover point of two different moving averages - which appears not to be the case here given the parameter pairs are the same. This has me curious and I'd like to look...

I ran across what appears to be a fairly simple system for trading the YM known as the 60 Minute Trader. From what I can tell it looks to be trading the fade of the open for a few ticks. I'd be curious to know if anyone out there is trading this method and if so what kind of results are you...

A few years ago Bill Williams wrote a book on this topic, Trading Chaos and attempted to systematize trading using "fractals" based on his interpretation of certain aspects of chaos theory. He followed up with software and a second book, New Trading Dimensions. I've gone through it all and as...

If your method looks good after backtesting against historical data I'd run it against a "live" simulator (IB, for instance) for at least several weeks keeping very close track of the details of every trade. That gives you more of a feel for how it trades in real time. Why go through the cost...

Snarly, You might try experimenting with different (slightly longer) timeframes to help smooth things out so you can see trends better - no matter what market you're trading. Happy trading

According to this method, when re-entering a trending market do you not enter a trade if in addition to a price pullback past the 3TMS+2 line (and prior to its again crossing the 3TMA+2 to continue the trend) the 8TMA+2 line is also breached?

es175, I find your explanation of the MACD cross overs interesting: "- Go long/short on a breach of the MACD zero line or MACD EMA, whicever is higher/lower" Basically, if I understand you correctly, you use the MACD signal line crossing zero and the MACD signal line crossing its EMA...

T28L, Just to clarify... There's been a fair amount of talk about the nature of the moving averages on the price chart. The two lines in the price area on your latest chart posted are: 2 bar triangular moving average + 2 8 bar triangular moving average + 2 Correct?

Snarly, Thanks for your hard work and postings here. I'm somewhat confused at your latest "fusion" of what I think are two rather different methods here. T28, unless I'm way off here, uses price pullback to the SMA3+2 line as a primary signal to enter a trade. Jack Hershey on the other...

I'm using Sierra Charts and looking to add stochastics as some have suggested here. I have slow and fast stoch available - which do I use to match up with what is being discussed here?

Snarly, I've tried adding the groups of moving avaerages in the past as you suggested (that's a Guppy thing isn't it?). Anyway it seemed like a lot of trailing indicators and I couldn't figure out any benefit other than perhaps some additional confirmation of direction after a market turn...

T28L, Happy New Year and let me add my thanks to you for your contributions here. I have noticed references to the 2 moving averages you're using on the 2 minute chart and need a little clarification. Are they 8 bar SMA+2 and 3 bar SMA+2? I saw a reference to triangular MA a few posts ago...

I've read over a fraction of the hundreds of pages of Jack's writings and he does talk about volume being a leading indicator that can somehow be used to time entry into a market. As I understand his writings Jack states that increasing volume suggests that an existing trend will continue (up...

Is this thread dead now or is there anybody still trading this "system"? I'm still trying to get consistent using it on the 2 min ER2 but can't quite seem to lock it in profit mode. The best trending and re-entry (short) opportunities were during lunch time today which I normally don't trade...

For those of you trading the ER2, do you avoid the opening of the market or jump right in at the first MACD crossover or ZLC? I start my charts at 7:30 central time (one hour before open). Often I see the market appear to begin trending in one direction almost right from the open, only to...

T28Lite, Concerning the 9SMA+2 using the "median" rather than "close", are you computing the median using H & L only or a combination of HLOC or something else?

You're quite right, BB, I'm trading the ER2 and I thought you were too. My bad - but thanks for the explanation and chart anyway.

BB, Would you mind indicating how you saw 5 entry signals so early in the day using this method? Unless my charts are really messed up, by 10 am central time I only saw a couple of MACD crosses and one weak ZLC at 8:48 central time. Are you using every price break or close above/below the...

BB - what time zone are you in? My price chart and indicators are very similar to yours but by no means identical. For instance I don't see the same patterns you hav marked in red on your chart. I assume on your price chart the yellow line is the SMA3+2, the green is 9 SMA and the red is...

T28, if I'm reading your chart right your first entry (X) is actually on the 4th bar that has closed below the 3SMA+2 (dotted) line. If that's correct is there any reason why you didn't enter sooner? Also the fact that you went short while the MACD signal line crossed over its MA well above...