Software Used to Trade Jack Hershey Methods

Hey,

Got a question regarding STR/SQZ.... my Tradestation shows premarket data... so this premarket data will most likely screw up my indicator right? eventhough the indicator has its offset correctly in the morning.
 
Quote from chiefraven:

Hey,

Got a question regarding STR/SQZ.... my Tradestation shows premarket data... so this premarket data will most likely screw up my indicator right? eventhough the indicator has its offset correctly in the morning.
no... both you and the str/squ only looks at "NOW", during critical Action Points.
 
yes i know that.. i wont be using it to get in every single trade... i will only use it at key turning points.. like FTT.

But still, if i set the offset correctly before the market, but then the premarket trading screws it up big time... then wouldn't i need to reset the offset again to make it neutral again?

i was just wondering if anyone have any problem with premarket data causing their STR/sqz indicator to skew right at the open of hte market?


By the way, which is a good PRV program? I konw there are a few Excel versions here.. is there one coded for TradeStations? Or if there's only excel versions, could anyone show me a link to download it?
 
Quote from chiefraven:

By the way, which is a good PRV program? I konw there are a few Excel versions here.. is there one coded for TradeStations? Or if there's only excel versions, could anyone show me a link to download it?
2nd page, 2nd last post.
 
thanks guys. hey Tum, you know how to calculate YMH08 - $INDU in the radar screen ?

i know spyder has this equation in his quotesheet in qcharts so he has the premium at all time throughout the day so he could take that premium and use it as the offset if his chart gets too skewed up..

i've tried (YMH08-$INDU) for the symbol in the radarscreen but it didn't work.

... oh and i was just going through the old posts in the futures thread.. it seems someone even used these calculated numbers and plotted it on their STR/SQZ indicator as some sort of moving average type thing?

does anyone know how to do that?
 
Quote from chiefraven:

thanks guys. hey Tum, you know how to calculate YMH08 - $INDU in the radar screen ?
Sorry, I don't use Tradestation. Don't know how Radarscreen works.
 
Quote from chiefraven:

Hey,

Got a question regarding STR/SQZ.... my Tradestation shows premarket data... so this premarket data will most likely screw up my indicator right? eventhough the indicator has its offset correctly in the morning.

Turn off your premarket data (unless you want it). Set your charts to start at 9:30 est. Don't start to look at str/squ until after 15 min. into the session.

An easy way to keep str/squ centered is to put in a 10ma of (H+L)/2. Then just adjust the offset occasionally to get the 10ma close to zero.
 
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