AHG - Profitable Strategy for Struggling Traders

Status
Not open for further replies.
Quote from disciplinetrade:

Hi Anek,

Thanks for the trading log of Friday. I appreciate it. I see your comment ES formed double bottom and then you buy NQ 17.25. I think ES formed DB around 3:12 EST and around same time NQ started to reverse to go up. So, do you use the ES double bottom setup information as a sign to look for possible NQ reversal?

How much of correlation do you think is there between ES and NQ, or like ER2/YM and NQ. And how do you use the correlation to trade NQ.

Thanks
DT
More...

DT,

I've been known to search for a stronger signal on the other indexes yes and play them accordingly in the instruments of my choice (NQ and ER2).

Not always the case but usually when the market chooses a side, they all run. When the direction is very very clear the best bang for the buck is obtained in the ER2. However, careful here, the ER2 is not for the faint of heart, that baby can move.

Anek
 
AHG Bars

After quite some time working on price action paintbars I think I'm finally onto something.

Should you have any requests let me know, and I will post your request, as I'm still in the early stages of development and could use a little robustness on the testing.

Attached please find a comparison between AHG Paintbars (Beta) and Heikin Ashi bars below.

Input is appreciated.

Anek
 

Attachments

Welcome back Anek.

I know that you don't use time bars because they have too many wide range bars, but... could the wide range bars v narrow range bars be an edge to ones analysis? Reason that I ask is because I am still new to volume bars and have been trying it out and the minute data still seems clearer to me although the CV bars provide clearer trendlines/channels.

Maybe it's because I am using 512 CV bars for nq for entries and I am not used to anything this quick in the first place, so a lot of the signals I get shake me out or are too fast...

Can someone whose successful trading one type of data transition back and forth? I'd imagine they could, but I want your input on this matter...
 
Kid,

You must use whatever allows you to read price action best.

If it's time based bars, go for them.

What works for me might not be appropriate for you and vice versa.

Anek
 
Quote from Anekdoten:

Kid,

You must use whatever allows you to read price action best.

If it's time based bars, go for them.

What works for me might not be appropriate for you and vice versa.

Anek
More...
Thank you, I guess its back to trading then... don't have anywhere near enough screentime to determine what works for me best and what doesn't.

If someone cares to share their opinion on this, please do so. I know its a very *personal* choice, but I am still interested.
 
Thanks Anek. So, the AHG Beta shows NQ daily is continuing its bull trend. And it is showing that ES is moving between uptrend and downtrend back and forth in daily chart, with currently in downtrend.

Thanks
DT
 
Status
Not open for further replies.
Back
Top