ProfLogic's Method

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Quote from Scaramanga:

Anyone notice today and this week that the ergodic isn't working very well, for example, it went from green to red early this morning (well above the upper line), then stayed red all day while the ES trended up (2410 volume bar chart). If my results are not typical let me know, problem might be on my end.
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Can you post a chart? This is what I have for the ES, not sure if this is setup correctly. Would appreciate any insight...
 

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Quote from Jander:

Can you post a chart? This is what I have for the ES, not sure if this is setup correctly. Would appreciate any insight...
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I'll post a 2401 for Scaramanga in a few minutes. I'm having charting issues currently.

Your chart looks ok except that my histogram is setup to show the oscillation tops and bottoms. You will see that when I post a chart. You have a nice clean chart though.
 
Quote from Scaramanga:

Anyone notice today and this week that the ergodic isn't working very well, for example, it went from green to red early this morning (well above the upper line), then stayed red all day while the ES trended up (2410 volume bar chart). If my results are not typical let me know, problem might be on my end.
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The Ergodic always works well. That is the beauty of it. Your results have to be a problem on your end. Here is a view of my 2401 for the week.
 

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OK I think my problem is that I wasn't looking at the big picture. What looked like an uptrend was a dip in a bigger uptrend. But it's also true that ProfLogic's ergodic provides signals much sooner and better than mine. Are you still using the 49,147,49 setting?
 
Quote from Scaramanga:

OK I think my problem is that I wasn't looking at the big picture. What looked like an uptrend was a dip in a bigger uptrend. But it's also true that ProfLogic's ergodic provides signals much sooner and better than mine. Are you still using the 49,147,49 setting?
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Yes, those will never change.
 
SWING TRADE RESULTS
Week of December 15th, 2008

These are the current Swing and Fast Swing Trades setting up in the following charts. Pull up the charts and read the oscillations for fine tuning your entry. These may not match your charts due to data idiosyncracies, data holes and data providers. Trade your own charts and what they each are telling you.

1. Corn (C N9) – 7 v on HO [Short triggered 12/19/08 403.00 – Current 401.00 – Stop 404.25 Still Short – Current Profit +2.00]
2. eCorn (ZC H9) – 16807 v on HO (NIP) [Trade set-up rolls to next week]
3. eCorn (ZC Z9) – 2401 v on HO (NIP) [Trade set-up rolls to next week]
4. eCorn (ZC K9) – 343 v on PF (On PF Bar) [Short triggered 12/16/08 390.50 – Stopped Out 12/16 404.25 (-13.75 – Re-short 12/18 398.00 Current 391.00 – Stop 396.25 Still Short – Current Loss -6.75]
5. eCorn (ZC U9) – 49 v on HO [Short triggered 12/18/08 421.00 – Current 411.00 – Stop 414.75 Still Short – Current Profit +10.00]
6. eCorn (ZC Z0) – 49 v on HO (NIP) [Trade set-up rolls to next week]
7. Crude Oil (CL #F) – 16807 v on HO NO TRADE OFF THIS CONTRACT – USED FOR STRENGTH ONLY
8. Crude Oil (CL F9) – 16807 v on HO [Short triggered 12/16/08 45.09 – Current 33.87 – Exit on Open 12/22/08 – Current Profit +11.22]
9. Crude Oil (CL G9) – 2401 v on O [Trade set-up negated]
10. Crude Oil (CL M9) – 343 v on HO (NIP) [Short triggered 12/16/08 54.45 – Current 49.96 – Stop 51.08 Still Short – Current Profit +3.37]
11. Crude Oil (CL Z0) – 343 v on HO [Trade set-up rolls to next week]
12. Crude Oil (CL J9) – 49 v on HO [Short triggered 12/16/08 52.50 – Current 47.07 – Stop 48.16 Still Short – Current Profit +5.43]
13. Crude Oil (CL K9) – 49 v on HO (NIP) [Short triggered 12/18/08 50.88 – Current 48.80 – Stop 49.68 Still Short – Current Profit +2.08]
14. Crude Oil (CL N9) – 49 v on PF [Short triggered 12/17/08 55.50 – Current 51.19 – Stop 52.24 Still Short – Current Profit +4.31]
15. Crude Oil (CL Z1) – 49 v on HO [Short triggered 12/18/08 65.92 – Current 65.97 – Stop 66.64 Still Short – Current Loss -.05]
16. Crude Oil (CL Z2) – 49on HO (NIP) [Trade set-up negated]
17. Crude Oil (CL U9) – 7 v on HO (NIP) [Short triggered 12/19/08 52.69 – Current 52.90 – Stop 53.87 Still Short – Current Loss -.21]
18. Crude Oil (CL Z3) – 7 v on HO [Trade set-up rolls to next week on PF & on Confirmation Bar]
19. eCrude Oil (CL #F=1) – 16807 v on HO NO TRADE OFF THIS CONTRACT – USED FOR STRENGTH ONLY
20. eCrude Oil (CL F9=1) – 16807 v on HO (NIP) [Short triggered 12/16/08 44.59 – Current 33.87 – Exit on Open 12/22/08 – Current Profit +10.72]
21. eCrude Oil (CL G9=1) – 2401 v on O [Trade set-up negated]
22. eCrude Oil (CL M9=1) – 343 v on HO [Short triggered 12/17/08 55.40 – Current 49.90 – Stop 51.08 Still Short – Current Profit +5.44]
23. eCrude Oil (CL Z0=1) – 343 v on HO (NIP) [Trade set-up rolls to next week, short set-up on Open 12/22/08]
24. eCrude Oil (CL J9=1) – 49 v on PF [Short triggered 12/16/08 52.50 – Current 47.07 – Stop 47.65 Still Short – Current Profit +5.43]
25. eCrude Oil (CL Z1=1) – 49 v on HO [Short triggered 12/18/08 65.92 – Current 65.97 – Stop 66.64 Still Short – Current Loss -.05]
26. eCrude Oil (CL Z2=1) – 7 v on HO (NIP) [Trade set-up negated]
27. eCrude Oil (CL Z3=1) – 7 v on HO [Trade set-up rolls to next week]
28. eMini Crude Oil (QM #F) – 2401 v on HO [Short triggered 12/17/08 43.700 – Current 42.125 – Stop 43.375 Still Short – Current Profit +1.575]
29. eMini DOW (YM #F) 117649 v on HO [Trade set-up rolls to next week]
30. eMini DOW (YM #F) 16807 ^ on O [Long triggered 12/15/08 8515 – Exit 12/18/08 8737 - Current Profit +222]
31. Euro FX (6E #F) – 117649 v on HO [Trade set-up rolls to next week]
32. Feeder Cattle (FC H9) – 7 v on O [Trade set-up negated]
33. Heating Oil (HO H9) – 7 v on HO [Short triggered 12/16/08 1.5498 – Current 1.4600 – Exit on PF – Current Profit +.0898]
34. Heating Oil (HO U9) – 7 v on HO [Short triggered 12/17/08 1.6535 – Current 1.6170 – Exit on 12/18/08 Close – Current Profit +.0365]
35. Heating Oil (HO Z9) – 7 v on HO [Short triggered 12/17/08 1.7512 – Current 1.6790 – Stop 1.7009 Still Short – Current Profit +.0722]
36. eHeating Oil (HO G9=1) – 343 on HO [Short triggered 12/18/08 1.4998 – Current 1.4340 – Stop 1.4493 Still Short – Current Profit +.0658]
37. eHeating Oil (HO J9=1) – 49 v HO (NIP) [Short triggered 12/18/08 1.5090 – Current 1.4778 – Stop 1.4878 Still Short – Current Profit +.0312]
38. eHeating Oil (HO M9=1) – 49 v on HO [Short triggered 12/18/08 1.5690 – Current 1.5245 – Stop 1.5268 Still Short – Current Profit +.0422]
39. eMini NASDAQ (NQ #F) – 117649 v on HO [Short triggered 12/16/08 1193.50 – Stopped Out 1228 – Current Loss -34.50]
40. QQQ (QQQQ) – 40353608 v on HO [Trade set-up rolls to next week, short set-up on Open 12/22/08]
41. eMini Russell (TF #F) – 117649 v on HO (NIP) [Trade set-up rolls to next week]
42. eMini S&P (ES #F) – 823543 v on PF [Short triggered 12/16/08 1.5690 – Stopped Out 893.50 – Re-Shorted 12/18/08 907.00 - Current 881.25 – Stop 904.25 Still Short – Current Profit *4.50]
43. Soybeans (S F9) – 49 v on HO (NIP) [Trade set-up rolls to next week]
44. Soybeans (S H9) – 7 v on HO (NIP) [Trade set-up rolls to next week]
45. eSoybeans (ZS F9) – 16807 v on HO (NIP) [Trade set-up rolls to next week]
46. eSoybeans (ZS H9) – 2401 v on HO [Short triggered 12/19/08 867.00 – Current 872.50 - Stop 876.00 – Still Short - Current Loss -5.50]
47. eSoybeans (ZS K9) – 343 v on HO (NIP) [Trade set-up rolls to next week]
48. eSoybeans (ZS N9) – 343 v on HO (NIP) [Trade set-up rolls to next week]
49. eSoybeans (ZS X9) – 343 v on HO (NIP) [Trade set-up rolls to next week]
50. Soy Meal (SM F9) – 7 v on HO [Trade set-up rolls to next week & moved to a 49 CVB Chart]
51. eSoy Meal (ZM F9) – 2401 v on HO [Trade set-up rolls to next week]
52. eSoy Meal (ZM H9) – 343 v on HO [Trade set-up rolls to next week]
53. eSoy Meal (ZM K9) – 49 v on HO [Trade set-up negated]
54. eSoy Meal (ZM N9) – 49 v on HO [Trade set-up negated]
55. Soy Oil (BO H9) – 7 v on HO (NIP) [Trade set-up rolls to next week]
56. eSoy Oil (ZL F9) – 2401 v on PF [Short triggered 12/17/08 31.35 – Current 30.60 – Stop 30.90 Still Short – Current Profit +.75]
57. eSoy Oil (ZL K9) – 343 v on PF [Short triggered 12/15/08 32.11 – Current 31.25 – Stop 31.51 Still Short – Current Profit +.50]
58. eSoy Oil (ZL N9) – 343 v on HO (NIP) [Trade set-up rolls to next week]
59. eSoy Oil (ZL Z9) – 49 v on HO (NIP) [Trade set-up rolls to next week]
60. eSoy Oil (ZL U9) – 7 v on HO (NIP) [Trade set-up rolls to next week]
61. Wheat (W H9) – 7 v on HO (NIP) [Trade set-up rolls to next week]
62. eWheat (ZW Z9) – 49 v on O [Trade set-up negated]
63. eWheat (ZW U9) – on PF (On Confirmation Bar) [Trade set-up negated]
These do not constitute buy or sell recommendations, these are simply the rants of a delusional individual that watches the absolute oscillations of price inside these non-variable chart increments for unbelievable consistency in their movements.

Legend:
PF = Price Failure
HO = Histogram Oscillation
O = Open
NIP = Not in Prime (Extreme Level)
^ - Long
v – Short


63 - Total Set-ups
12 - 10 Negated & 2 unused (#F)
----
51 - Sub-total
24 – Rolled over until next week
----
27 – Triggered a trade
22 – Currently in Profit
5 - Ended in a loss

81.48+ Win Percentage
 
Dear Professor
I have earlier studied your threads on volume charts and currently using Volume charts as my principal trading chart.
Since I have no futures a/c ,I trade mainly ETF's and option on SPY,DIA.
In quotetracker ( I trade thro it and never open the browser) there is no Histogram for the Ergodic / Ergodic Oscillator/TSI.
I mainly use CCI Histogram on volume charts. ( I have on the background Range ,PNF and minute charts just in case)
I normally daytrade ETF/Inverse ETF side by side.
(I dont short but will long the Inverse ETF)
Current favourites are
DIG/DUG (Double oil stocks ETF)
ERX/ERY (Triple leveraged Oil stocks ETF)
FAS/FAZ (Triple leveraged Financials ETF)
TNA/TZA (Triple Russel 2000 ETF)
This is the 1st time Iam putting Ergodic in volume chart.
Volume for indivual stocks vary. For example I use 1 to 1.5 million volume for SPY to trade options.
Depending the average volume I choose the volume setting for indivual stock so that noise is reduced. Iam enclosing a DIA chart with a volume setting for 2 day chart and a 1 day chart.
I thank you for sharing your wisdom to give us confidence. I can see Ergodic in a higher volume setting gives the trend in progress!
I shall post in future my success rate!
Note :Other QT users kindly offer suggestions in implementing Ergodic for QT.
 

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OK I have posted the chart with out OBV and all kind of top indicators. But I can not live with out CCI histogram in the bottom.
I dont need moving averages,BB etc but I do need Demark Pivots (H,L), Volume by Price Mid (changes during the day ) and yesterday's Vbp mid extn (Constant ) and some more horizontal lines to pick bottoms /top apart from constant volume bar price action.
CCI histogram red/ green keeps me in the right direction Long/ Short.
I infer that Ergodic below Zero or above Zero keeps us with a Short/Long bias and hooks from extreme 50/-50 (as per QT)
provides trade oppurtunities.
 
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