I want to share a strategy, but.......

[fullautotrading]

Quote from MarkBrown:

here is what it takes - disclose everything you have and beg for help, hold back nothing give your best to anyone freely. what you will learn is that you didn't know crap in the first place and everything you though was a big secret is old has been crap to others.

this is the only way you can learn is by total disclosure, if you play the greed game like the op your gonna be lost just like he is. anyone who thinks renko or 3 line break charts, macd and moving averages is top secret code and can not be shared is digging their grave.

so lay out what you have an where your at then you will get the help you need. bare your soul it's confession time...

ahah, Very true ) Wise advice.

Tom

 

[trader#21]

Quote from MarkBrown:

here is what it takes - disclose everything you have and beg for help, hold back nothing give your best to anyone freely. what you will learn is that you didn't know crap in the first place and everything you though was a big secret is old has been crap to others.

this is the only way you can learn is by total disclosure, if you play the greed game like the op your gonna be lost just like he is. anyone who thinks renko or 3 line break charts, macd and moving averages is top secret code and can not be shared is digging their grave.

so lay out what you have an where your at then you will get the help you need. bare your soul it's confession time...

a very good advice +1

 

[nitro]

Quote from intradaybill:

...My experience says that any method that can can be easily tested will not provide any edge because it has been used already over and over again and faded by the market....

I am not saying that you are right or wrong in spirit, but this cannot be true. If the market was fading any particular indicator, then fading it yourself would have edge.

Imo the correct statement is, the market trades randomly around my indicator when adjusted for risk and trading costs.

 

[charts]

Quote from MarkBrown:

here is what it takes - disclose everything you have and beg for help, hold back nothing give your best to anyone freely. what you will learn is that you didn't know crap in the first place and everything you though was a big secret is old has been crap to others.

this is the only way you can learn is by total disclosure, if you play the greed game like the op your gonna be lost just like he is. anyone who thinks renko or 3 line break charts, macd and moving averages is top secret code and can not be shared is digging their grave.

so lay out what you have an where your at then you will get the help you need. bare your soul it's confession time...

What a crap ...

 

[RCG Trader]

Quote from Rabbitone:

Hello RCG Trader,

Interesting indicators you have built. But, I think you are going to find out ET is a very tough insensitive crowd when it comes to trading directly with indicators. This is because most of the day traders do not rely on indicators as part of their set ups. Some of usual comments I have seen over the last 5 years are (these are not my opinion):
- Real traders would never use indictors to trade with, price is all you need.
- Put your indictors in a strategy that can be optimized so we can see how they perform over a 5 year period. Then use walk forward testing to show us how your indicators actually work when they are not optimized.
- Indicators are past history. They tell you nothing about when to actually trade.

So now you have some for warning of what kind of posts you may get on your thread.

I in the other hand am retired IT professional (wrote first program in 1971 in FORTRAN) who has programmed 60 to 100 indicators in the last 20 years and now trades full time. So I understand what you are attempting to do. Part of what I do is discretionary swing trades using my indicators and set ups. But in this combination indicators are the signal that a trade may take place and set ups tell me how it will happen.

A question I have for you is “Do your indicators define a probable trend direction?”

Sorry for this ridiculously late reply, Rabbitone. The answer is, yes they do.

It makes it much easier to see the trend, and where you are in it.

This is the google trade so far.

 

[RCG Trader]

Quote from intradaybill:

I disagree with your objections to his method. My experience says that any method that can can be easily tested will not provide any edge because it has been used already over and over again and faded by the market. The key to profitable trading is the esoteric use of known techniques, whether that is indicators or price action or whatever, in ways that they cannot be figured out by anyone else and at the same time they provide that needed edge. The ultimate trading method cannot be separated from the instincts of its developer as to when to apply it or not. Every successful trader knows that and I am glad a older trader conveyed this to me years ago. This is not to say that tools are useless but tools alone, especially when they are at the disposal of everyone, cannot provide any edge. Only newbie think they will get something useful by back and forward testing only. This is an important step but to make money it takes more than that.

I have found this to be the case, as result I have built guppy style moving averages onto the chart. It would seem that systems that traders build are truly for that trader.

 

[RCG Trader]

Quote from MarkBrown:

here is what it takes - disclose everything you have and beg for help, hold back nothing give your best to anyone freely. what you will learn is that you didn't know crap in the first place and everything you though was a big secret is old has been crap to others.

this is the only way you can learn is by total disclosure, if you play the greed game like the op your gonna be lost just like he is. anyone who thinks renko or 3 line break charts, macd and moving averages is top secret code and can not be shared is digging their grave.

so lay out what you have an where your at then you will get the help you need. bare your soul it's confession time...

Whoa....

Greed game?

I will be upfront and say I have worked with the public long enuf that I would remotely consider entering into ANY kind of agreement regarding money.

Simians can get downright silly over their bananas

That said, the trade I have posted is deep in the black, so I cannot be all that lost.

Caveat Emptor

 

[bmchunu]

I understand the disclose everything philosophy, because nobody can really help you unless they know everything about your problem.

But what I have seen here in this forum (most others too), the majority of people are here to gloat, criticize and belittle.

The best solution is to hang around, pick up information where you can and help others where you can too.

As for the BS that if it's easy or using indicators it has no advantage, that's bs. It's all about how good you are at finding patterns within your indicators.

 

[RCG Trader]

Quote from bmchunu:

I understand the disclose everything philosophy, because nobody can really help you unless they know everything about your problem.

But what I have seen here in this forum (most others too), the majority of people are here to gloat, criticize and belittle.

The best solution is to hang around, pick up information where you can and help others where you can too.

As for the BS that if it's easy or using indicators it has no advantage, that's bs. It's all about how good you are at finding patterns within your indicators.

 

[Rabbitone]

I hope you got out of GOOG today or at least still in the black? It is down about $29.10 in after hours.

Quote from RCG Trader:

Sorry for this ridiculously late reply, Rabbitone. The answer is, yes they do.

It makes it much easier to see the trend, and where you are in it.

This is the google trade so far.