Emini divergence journal

[porgie]

Right on target...

 

[porgie]

NO TRADES TODAY.....TOO CHOPPY AND TOO MUCH WHIPSAW...LONG SIDEWAYS MOVES...STOP RUNNERS GOT ME.

 

[dbphoenix]

Unless you're new to this, you would do well to have both trend-trading and trend reversal/range-trading strategies at hand. Just make sure your signals for each are different.

 

[MarkB]

And perhaps porgie, you'd like to start your own journal

 

[porgie]

DO U THINK A 100% SYSTEM IS ACHIEVABLE? WITH SMA'S. I DON'T EITHER.

 

[MarkB]

Again porgie, it sounds like you have something to share. Perhaps you'd like to start a thread on it? A journal even? That way we can keep this thread for talking about no pm's technique, since he did start it after all.

Thanks for your thoughts and consideration

 

[porgie]

You are 100 % correct..I will cease and desist. I'm just bored tonight. I don't have anything worthwhile to share as you can tell by my posts...Talk is cheap so I will shutup and leave this forum now. Thank You....Good Luck

 

[VisionTrader]

I thought this was interesting. Some of you technical gurus probably know why this is the case.

I have been doing a little experimenting with adding the Chaikin divergence as an additional filter for my method. As best I can tell, it is based on volume.

Take a look at my MACD. I look for divergence in the 4,13,1.

I plotted the Chaikin under it. 3,10. Looks almost identical. Same with CCI.

Can someone explain this to me?

Signed,

BubbaVisionTrader

Momma didn't teach me this one.

 

[himself]

Quote from VisionTrader:
Take a look at my MACD. I look for divergence in the 4,13,1.

I plotted the Chaikin under it. 3,10. Looks almost identical. Same with CCI.[/B]

AM I correct in saying:

Blue is CCI
Red is MACD
Green is Chaikin?
Thank you.

 

[VisionTrader]

Sorry. Little confusing.

The Red line in my chart is the MACD signal line.

The Gray line is the Chaikin.

There is no CCI. I have just noticed the same correlation with this indicator.

Chaikin Oscillator
The Chaikin Oscillator compares a slow exponential moving average and a fast exponential average of the Accumulation Distribution. This indicator is considered a sensitive intraday measure of volume relative to price action. The Chaikin Oscillator identifies divergences between a market's price activity and the oscillator.