ProfLogic's Method

[cchili00]

Quote from Whisky:

Your code is perfect. Plot6 and Plot7 are the histo up and down. Don't change a thing.

JW

hmmmm, cuz I compared against Bill's posted charts and my histo tops and bottoms are much more shallow. Often times where his histo is slightly in prime mine is only at around 7 or 8.

 

[Whisky]

Quote from cchili00:

hmmmm, cuz I compared against Bill's posted charts and my histo tops and bottoms are much more shallow. Often times where his histo is slightly in prime mine is only at around 7 or 8.

Well then put 150 where you have 50 or whatever multiplier you wish to use. (in plot6 and plot7).

JW

 

[cchili00]

Quote from Whisky:

Well then put 150 where you have 50 or whatever multiplier you wish to use. (in plot6 and plot7).

JW

Ok, I tried some different settings there and it looks like 75 is a bit closer. Can you guys verify that the histogram oscillation extremes match what you have?

 

[pismo10]

Quote from cchili00:

Ok, I tried some different settings there and it looks like 75 is a bit closer. Can you guys verify that the histogram oscillation extremes match what you have?

Looks right on to me.

 

[pismo10]

I found few opportunities today. Lots of sideways drifting action.

 

[ProfLogic]

Quote from pismo10:

I found few opportunities today. Lots of sideways drifting action.

Pismo, even if you only get one a day . . . what matters is that it is profitable.

 

[Tums]

Quote from pismo10:
I found few opportunities today. Lots of sideways drifting action.

pay attention to context... pre-FOMC report day.

 

[ProfLogic]

Quote from Tums:

pay attention to context... pre-FOMC day.

Yup, watching a CVSB Chart is a lot of fun during major news events.

 

[pismo10]

Quote from ProfLogic:

Pismo, even if you only get one a day . . . what matters is that it is profitable.

I agree, I often shoot for just one trade a day. The fewer the better I have learned for me anyhow.

 

[ProfLogic]

Quote from pismo10:

I agree, I often shoot for just one trade a day. The fewer the better I have learned for me anyhow.

Here is my personal trading motto:

Every Oscillations is a decision point and the fewer oscillations each day, the fewer decisions, and the fewer decisions the fewer perfect but highly profitable and least risky trades I take.