Question for Grob/Hershey...

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it's so funny (or sad?). everytime i come up with some serious questions and considerations the old man hurries to produce another endless row of odd words - a clear sign of an overwhelming fear that his ominous house of cards might sooner or later collapse.

this is my last post here - so stop attacking me. some of you obviously think im here to provoke or disturb or whatever - absolutely not! all i tried to do was to learn and find out more.

there might be as many profitable trading concepts in the world as there are profitable traders. but if there is at least one single commonly accepted thing among all of them - then it would be that you need a clear vision of how much you are willing to risk on any single trade. this seems not to be the case here with this "sct"-story, so it seems.

anyway - regarding "edge"-trading: an edge is everything that creates profits consistently and systematically - so if this "sct"-thing would be profitable it would be an "edge" too.
 
Is this what is meant by using left lines ?
This is the screen shot from my automated channel trading program. It made 10 trades and captured about 2X H-L.
FWIW.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=842495">
 

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easy - is it possible to zoom out in some way with sierrachart other than with the arrows? i´ve tried everything....

like your charts and maks, you have a lot of empty space around the bars. with sierrachart i don´t have any overview at all. i´m always in the middle of the action, sometimes can´t even ses my own channels and s/r-levels if i don´t look at another time fractal. this is getting more and more anoying, and is one reason wy i don´t post so many charts - u can´t see the f**king channels within each other anyway...
sometimes i think i could do almost as good just looking at price directly on tws and use the chart for monitoring volume bars.

i´m starting to have the same feelings for this program as i have for my crappy car...
 
Quote from Stalker:



i´m starting to have the same feelings for this program as i have for my crappy car...
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LOL. You tickle me stalker. Shades of my youth. Its been a long time since I used Sierra so I cant help. You might pm kiwitrader. He is an expert on sierracharts.
 
thanx easy, i pm:ed him... for the second time in a week i pressed the wrong button, going long when i wanted to go short. luckily, stupid stalker still uses the simulator...
 
Quote from ETLURKER:

Is this what is meant by using left lines ?
This is the screen shot from my automated channel trading program. It made 10 trades and captured about 2X H-L.
FWIW.
...
More...

LOL... ONLY 2x... VERY NICE! I noticed some of your points is right at the very top and or bottom of a bar. Presumably, they are points exactly where the reverse was where the bid=ask (y/n???)... Have you considered tweaking with just volume?

MAK!
 
Quote from makosgu:

LOL... ONLY 2x... VERY NICE! I noticed some of your points is right at the very top and or bottom of a bar. Presumably, they are points exactly where the reverse was where the bid=ask (y/n???)... Have you considered tweaking with just volume?

MAK!
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Am open to any tweaks. The top/bottom tick problem is ever present. I posted one way to handle it in the very long Hershey thread. TIA for the postulates.
 
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