Familiar with this techique?

[privateisland]

Ebo, it works so good I guess the fish and game department will have to ban it

I'd like it so when people come over and look at my charts they'll really get blown away at the complexity of it all. Where do you get the indicator at?

 

[Ebo]

I am going to have to throw back a few!
I can not possibly eat all these.

 

[mistadabolina]

>daveb.

I don't think there is any information in english actually, try search for this on Google.

I've "learned" from other fishnet traders and done my own studies.

>agrau

yes, something like that, what is your 'nets' build of?

>VicTrader

correct, it's 1-220 SMA's, each and every one of them!

>Ebo

it's up to every trader to find out ...

 

[cuz]

Quote from Ebo:

Wow!

It really works.
I just scalped 7 ES Points.
I caught 'em in my net.
I am gonna set it to auto fish a few other contracts!
This is great.

RALMAO!!!!!!!!!!!!!!!!!

 

[agrau]

Quote from mistadabolina:

>agrau

yes, something like that, what is your 'nets' build of?

Sorry, this was obviously a misleading post I originally made. It's not my software, but from a open source project I came across sometime ago. I was just reminded of it. For the link, look underneath the chart I have posted - you'll find the java sources there as well).

Anyway, I checked the source to see how this is made, and these are many simple or exponential moving averages of the price. The program ask for the ma type and a number of days. Then it creates ma's between 1 and 300 with the number of days between them, ie. say type is simple and days is 3, the program charts sma(1), sma(4), sma(7), sma(10) ... sma(298)

Hope this helps,

agrau

 

[Ebo]

This FISH NET is unreal!
I caught 5 more on the way down.
I am gonna sell it.

Thanks.

 

[mistadabolina]

Quote from agrau:

Sorry, this was obviously a misleading post I originally made. It's not my software, but from a open source project I came across sometime ago. I was just reminded of it. For the link, look underneath the chart I have posted - you'll find the java sources there as well).

Anyway, I checked the source to see how this is made, and these are many simple or exponential moving averages of the price. The program ask for the ma type and a number of days. Then it creates ma's between 1 and 300 with the number of days between them, ie. say type is simple and days is 3, the program charts sma(1), sma(4), sma(7), sma(10) ... sma(298)

Hope this helps,

agrau

Ah okay, thanks for the answer!

 

[mistadabolina]

Quote from Ebo:

This FISH NET is unreal!
I caught 5 more on the way down.
I am gonna sell it.

Thanks.

Are you making fun out of my post or are you serious?

 

[Ebo]

Dude!

I plugged in The Fishnet with a few of my techniques and this thing is spitting out Benjamins like a printing press.

 

[mistadabolina]

Quote from Ebo:

Dude!

I plugged in The Fishnet with a few of my techniques and this thing is spitting out Benjamins like a printing press.

Guess you didn't.

Heard that Elite Trader was a serius forum, I hope that you are the exception which confirms the rule.