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I am getting my butt handed to me on a daily basis!
- Thread starter jeredlbb
- Start date
I see where you are coming from. A hitch is two bars with the same high and low. On the example of the 10 cases somebody added a third bar in order to show how to draw the trend line/channel.Quote from jeredlbb:
So, is a 'Hitch' only a 'Hitch' if it is followed by an XB?
Jack will tell you that we always operate in "now". You have a previous bar and a new bar which just developed. They form a relationship. At this moment in time that is all you see. You don't know yet if the third (next) bar will be a XB or whatever. The same for a lateral. You only know that you have a lateral when the third bar "came into now".
Quote from frenchfry:
I see where you are coming from. A hitch is two bars with the same high and low. On the example of the 10 cases somebody added a third bar in order to show how to draw the trend line/channel.
Jack will tell you that we always operate in "now". You have a previous bar and a new bar which just developed. They form a relationship. At this moment in time that is all you see. You don't know yet if the third (next) bar will be a XB or whatever. The same for a lateral. You only know that you have a lateral when the third bar "came into now".
Ok. Understood. -Thanks
Quote from frenchfry:
Here again bars 23-25. There is a gap of 0.25. Maybe Jack has a margin where he ignores gaps. But if he is strict, then you have to redo those bars. And... OB = no "Wait".
Ok. He has not spoken specifically to me about gaps. Maybe he wants me to 'extract' info on gaps from his previous posts in other threads. I am not sure. As I understand it, currently, I am only logging Price Cases and 'Waits'.
Very good first day using real time.
Some things are correct.
To build on this success, lest's just cease making any mistakes.
The gap story is as follows.
I wrote all the criteria, filters, fuctions, rules, etc for the system of how the mrket operates by using the math of the markets, Boolean algebra..
So I had to deal with removing the gaps.
One of the helpers here is redoing all the expressions as a personal learning experience. This is a good thing.
To do successful trading to take the full offer of the market, a person degaps bar by bar.
Look at bar 5 today.
to degap it, the math is to change the historical values of all prior bars and keep the forming bar usinf the real market values.
Most platforms have been able to do roll over degapping.
Most platforms have been able to do day to day degapping.
most platforms have been able to correct the errors in data transmission after ohurs before the next open.
currently the platform providers are going through the competitive challenge of degpping bay by bar. The current reasoning is to do degapping to bet your competitor.
think these things through as a potential expert trader. Expert traders take the view that they will take the full offer of the market.
All of these folk regard being sloppy as an error in performance.
To perform, the key concerns are effectivenss and efficiency.
The 20 days first deals with effectiveness
We have 81 information parcels and we display these and keep the display current.
So begin to put the word "gap" in the SQU column when a gap occurs.
then wrote in the "form" column the degapped result.
My Squ shows gap for bar 5. My form shows OB in form.
When I use an OB form I divided the volume test space into two levels one above the other. All OB's have two measured volume values.
Now make a first correction pass on your log.
We will do several correction passes as different people post their logs. I expect fifty logs to be posted.
Some things are correct.
To build on this success, lest's just cease making any mistakes.
The gap story is as follows.
I wrote all the criteria, filters, fuctions, rules, etc for the system of how the mrket operates by using the math of the markets, Boolean algebra..
So I had to deal with removing the gaps.
One of the helpers here is redoing all the expressions as a personal learning experience. This is a good thing.
To do successful trading to take the full offer of the market, a person degaps bar by bar.
Look at bar 5 today.
to degap it, the math is to change the historical values of all prior bars and keep the forming bar usinf the real market values.
Most platforms have been able to do roll over degapping.
Most platforms have been able to do day to day degapping.
most platforms have been able to correct the errors in data transmission after ohurs before the next open.
currently the platform providers are going through the competitive challenge of degpping bay by bar. The current reasoning is to do degapping to bet your competitor.
think these things through as a potential expert trader. Expert traders take the view that they will take the full offer of the market.
All of these folk regard being sloppy as an error in performance.
To perform, the key concerns are effectivenss and efficiency.
The 20 days first deals with effectiveness
We have 81 information parcels and we display these and keep the display current.
So begin to put the word "gap" in the SQU column when a gap occurs.
then wrote in the "form" column the degapped result.
My Squ shows gap for bar 5. My form shows OB in form.
When I use an OB form I divided the volume test space into two levels one above the other. All OB's have two measured volume values.
Now make a first correction pass on your log.
We will do several correction passes as different people post their logs. I expect fifty logs to be posted.
Page 3 of Log with implementation of Jack's instructions of "So begin to put the word "gap" in the SQU column when a gap occurs".
As I understood the instructions, until I get the "expressions", or the algebra to calculate the gapped bars, I only mark 'Form', 'Gap' in the 'SQU' column and indicate whether to 'Wait'. Since I am still not aware how to compensate for the "gapped result" I may still be in error in the 'Form' column if a 'Gap' is observed.
Corrected log pages 1 and 2 are soon to follow.
Please correct me where I err.
-Thanks
As I understood the instructions, until I get the "expressions", or the algebra to calculate the gapped bars, I only mark 'Form', 'Gap' in the 'SQU' column and indicate whether to 'Wait'. Since I am still not aware how to compensate for the "gapped result" I may still be in error in the 'Form' column if a 'Gap' is observed.
Corrected log pages 1 and 2 are soon to follow.
Please correct me where I err.
-Thanks