ProfLogic's Method

[ProfLogic]

Quote from pismo10:

Thanks

I saw the short but I was early at 11:00am and got stopped out for minor loss when the histogram turner up again a few minutes later. Then I did not see any failure bar after the 11:11 oscillation so i did not take a trade.

How did you know to stay out of that sore thumb short at 10:59/11:00am?

Thanks again.

Just saw the 12:05pm oscillation with PF bar for short entry around 871 with target of 869ish.

What kept me out of the first entry was the fact that your entry chart (343) ERG oscillated BEFORE your Trading chart Histogram entered Prime. The process says you must have the Trading chart Histogram enter Prime first, then enter on the Entry chart ERG oscillation. The process is really objective and is purposely constructed to keep you from THINKING. Trust me when I tell you I've shot myself in the foot numerous times THINKING instead of LISTENING or READING the chart.

My first PF occurred at 11:11:14 am & my second PF occurred at 11:11:48 am.

Comparing a variety of chart increments will give you more opportunity to profit from all chart increments. The 16807 set up a valid but weaker, short from the top at 874.00 which has continued and is still valid. Your entry at at 871.00 is solid and your current stop would be 864.75 or an exit at the Histogram PPF at about 861.00.

 

[palinuro]

Quote from ProfLogic:

What kept me out of the first entry was the fact that your entry chart (343) ERG oscillated BEFORE your Trading chart Histogram entered Prime. The process says you must have the Trading chart Histogram enter Prime first, then enter on the Entry chart ERG oscillation. The process is really objective and is purposely constructed to keep you from THINKING. Trust me when I tell you I've shot myself in the foot numerous times THINKING instead of LISTENING or READING the chart.

My first PF occurred at 11:11:14 am & my second PF occurred at 11:11:48 am.

Comparing a variety of chart increments will give you more opportunity to profit from all chart increments. The 16807 set up a valid but weaker, short from the top at 874.00 which has continued and is still valid. Your entry at at 871.00 is solid and your current stop would be 864.75 or an exit at the Histogram PPF at about 861.00.

I've been working a whole fractal higher - didn't realize you went into that fine a detail, using the 343.

But here's a nice 2401 CVB trade, I think even following the rules... too bad I didn't do the reversal though.

- palinuro

 

[pismo10]

Could you post a 343 chart when you have the time. I think my ERG histo is off.

Thanks

 

[pismo10]

Quote from palinuro:

I've been working a whole fractal higher - didn't realize you went into that fine a detail, using the 343.

But here's a nice 2401 CVB trade, I think even following the rules... too bad I didn't do the reversal though.

- palinuro

I find the 343 so choppy it is hard to work with. Constant signals and oscillations.

 

[ProfLogic]

Quote from palinuro:

I've been working a whole fractal higher - didn't realize you went into that fine a detail, using the 343.

But here's a nice 2401 CVB trade, I think even following the rules... too bad I didn't do the reversal though.

- palinuro

That is a valid trade but its even better when the Histogram oscillates in Prime or at least below the Zero line.

 

[ProfLogic]

Quote from pismo10:

I find the 343 so choppy it is hard to work with. Constant signals and oscillations.

The 343 is ONLY for entries and exits. There are no trading labels or histogram on that chart either.

 

[ProfLogic]

Quote from raven4ns:

Hey Bill,
I didn't realize your eyesight was so bad you needed all those screens. How will you ever tie on a #12 trout hook...ahahahahahaha.
Finally getting over that damn cold but it took penicillin to do it. I'll try to give you a call on the weekend if the good Lord's willing and the creek don't rise. Take care, bud.

Tim

Damn glad you are feeling better.
Call me Saturday around noon, I'll be doing the Swing charts.

 

[Jander]

Wanted to take a stab at labeling some things today. I know the ninja ergodic is still way off, hopefully doesnt affect things too much.

 

[palinuro]

Quote from Jander:

Wanted to take a stab at labeling some things today. I know the ninja ergodic is still way off, hopefully doesnt affect things too much.

You seem like someone with a lot of experience annotating charts...

Re your (and other) PMs, your oscillator is using the eco for a histogram rather than the difference between the eco and the signal line.

My code is too much of a mess to upload right now, but try the ECOH version from the NT forums.


HTH

- palinuro

 

[Whisky]

Quote from palinuro:

You seem like someone with a lot of experience annotating charts...

Re your (and other) PMs, your oscillator is using the eco for a histogram rather than the difference between the eco and the signal line.

My code is too much of a mess to upload right now, but try the ECOH version from the NT forums.


HTH

- palinuro

This is my chart. It is a chart that LOOKS right. It is a WRONG chart for reasons that I don't wish to discuss. When it is exactly right, and the code is clean, I will give the code to Prof for him to distribute at his discretion. Coding in ninjatrader is not a straightforward endeavor for many reasons.

JW