Questions to Jack Hershey

eggs, scrambled eggs, egg salad, boiled eggs. sunny side up.

I can connect them all very logically, but they mean nothing to my bottom line.

Why? Because they are not relevant. There are a million
theories that make some sense but will not work.

I am sorry, but I am one of those guys that think you are full of it, unless you show me net real time $.

There are a few folks here that would have been better off pursing a
career in fictional writing rather than becoming charlatans and liars.

Nothing is new here for decades. Just charlatans trying to reinvent things for their benefit.
 
Quote from bmwhendrix:

cumdeltavol is interesting and for most would seem to have a logical basis, but I keep hearing an old mentor of mine saying

"Beware the well chosen chart"

Don't take this negatively, I look forward to more examples.

I post this as I have monitored this before and found no edge.

But I am pretty slow and dense and ugly as well I am told.

So, keep them coming.

:cool:
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The EDGE of cumulative delta volume becomes real when you use it in conjunction with the Jack Hershey Method. If you don't know the basics of the method, then CDV becomes just another indicator on a chart.

The #1 rule of the Jack Hershey Method is that Volume leads Price - ALWAYS. How do you define that rule? Seriously, have you ever just thought about what that means? So many traders on this site have gone so far as to disregard volume completely because they couldn't understand how volume and price relate to one another.

I define it as "volume cycles complete before price cycles complete." By defining it that way, I believe volume lets me know that change is coming before price lets me know. By knowing beforehand that price is getting ready to reverse, I can then use a different tool set to carve the turn.

I annotated a chart that will hopefully help.
 

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I see that at around 15:40 there was a positive divergence indicating further upside movement, but price collapsed.

That is the problem with a well chosen chart.
 
DB Please post some charts of your real time trades which might further enlighten us. Actually I do mean it. I am am always open to improvement.
 
Quote from jack hershey:

You have everything you need.

Now, you "put the pieces together".

Adding a contract every 30 points can be reasoned through.

It goes 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. Only once in life do you have to double your money to add a contract. Then it gets easier.

You say: "However, the market sometimes could behave in the space where we do not have sufficient knowledge and skills to handle."

If this is true for you, sideline until it is no longer true.

Also, consider doing a log so what you say never happens.

All bars form the same way and then they become one of the 10 cases.

On TN we have a container for the forming bar. To make it possible (simple) for TN programmers we campaigned tirelessly until they used a yellow box. Later we tricked them into a blue box by a cut and paste effort that worked for laterals. You will notice almost no other platform has complied with our demands. Cool, we have an edge.

getting the boxes on a chart is a deep indication of our devotion to the 10 cases and they simplicity.

So we have a space for forming bar behavior as you pointed out; it is yellow.

And you have annotated according to the pattern to have three observable interlocking nested fractals, all parallelograms.

The companion to all of this is your differentiated mind where inference exists. This set of inference matches one-on-one with the elements of the set that you see.

What you see is a very small set. So I may mention all of the elements in the set in this brief post.

At 300 seconds on your chart a new bar begins. It is a tick tall and in a yellow box as tall as the prior bar. The yellow box is in the three nested parallelograms.

Could it be any spookier or mystifying? No, Never.

But I will amplify.

In the smallest fractal container which you projected into the future, the yellow box will stay inside or not. If not, fan. If, hold.

Well for some of the cases the yellow box disappears. It does this the right way or the wrong way.

Write in your journal how each case does it the right way or the wrong way. Then scan the page and post it here.

Soon you will have an ftt on the fastest fractal. Then you draw another fastest trend segment using two adjacent bars.

If you are still inside, and the yellow box goes all the way to 0 seconds, then squish it mentally and annotate.

Do the same for blue boxes (laterals).

As you do the annotating of MADA, make sure you add small brief notes (to read) that tell you where you are in each nested fractal's series of movements. Also for VE's, remember what you wrote in your journal to accelerate that given VE no matter what level you are on.

Gradually, you can work up to multiple accounts all at the capacity of the market. Also you can trade point to point on faster fractals.

So now let us look at the ftt bar. It can be an ftt or FTT on any other fractal that is slower. Two third moves one inside the other and on a third move of the FTT fractal. This is a magic time because you are going to reverse and bookmark the FTT.

What Happens? You pull out your MAK (who posted them for you) PACE charts to know what to expect in the size of things. Go across the PACE row and find the peak of the gaussian for a given forming bar. Drop over to the DOM and write the value of the WALL in your log.

During the bar when the values get hit for the three things, reverse and write down the data and look at the new level of realized profits. Notice some new unrealized profits begin to accrue also.

After the first 1,000 times of doing these difficult things, you will have "put the pieces together".

Notice for each five minute bar in your log there are up to six rows.

Notice at the end of the day your log is 10 to 12 pages long and all of your accounts have traded according to the preformance of the market on that multiple of the ATR. (3 to 6 times).
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<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3357414>

I am not sure the above is what you wanted me to do. I have already drilled into bar mutation of cases with the use of leaning PRV tool as well as other fine tools. So at Sub level, I may not be very good at identification of ftt but staying on the right side isn't too much of an issue for me in general. I just need to reason through why I should compound profits.
 

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I backtested the rocket on K200 and ES.
The rocket criteria are:
1. Long when macd(5,13,6) histogram >= 0.4 and stoc(14,1,3) K > 80 and stoc(14,1,3) D > 80
2. Short when macd(5,13,6) histogram <= -0.4 and stoc(14,1,3) K <20 and stoc(14,1,3) D < 20
3. Close long when stoc(14,1,3) K < 80
4. Close short when stoc(14,1,3) K > 20


I applied MACD and Stoc to both degapped and non-degapped data. I found there were very few rockets in K200, compared to ES. The summary of the rocket bactesting is attached here.

attachment.php


I currently focus on handling market sync and volume.
 

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Quote from BenzMercedesSL:

I backtested the rocket on K200 and ES.
The rocket criteria are:
1. Long when macd(5,13,6) histogram >= 0.4 and stoc(14,1,3) K > 80 and stoc(14,1,3) D > 80
2. Short when macd(5,13,6) histogram <= -0.4 and stoc(14,1,3) K <20 and stoc(14,1,3) D < 20
3. Close long when stoc(14,1,3) K < 80
4. Close short when stoc(14,1,3) K > 20


I applied MACD and Stoc to both degapped and non-degapped data. I found there were very few rockets in K200, compared to ES. The summary of the rocket bactesting is attached here.

I currently focus on handling market sync and volume.
More...

ES rocket backtest result on non degapped data
 

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