Something very simplistic

[dbphoenix]

Originally posted by inandlong

Did you limit your observations to the fib times in the original method?

For now. As I've said toward the beginning of the thread, crowding the trades up during the most volatile and liquid part of the day makes sense in terms of probability, so I've seen no reason to alter the times. Clearly, tho, the market itself alters the times for this particular tactic since I'm waiting for the market to resolve itself.

Are you willing to post the stochastic settings that you used to generate the trades you posted today?

I track both a 17-17 and a 24-18 in both timeframes, but the trades I posted are from the 17-17 windows.

--Db

 

[inandlong]

Thanks again Db.

I think the idea is a great one. Way to go!

 

[Snosur4]

Thanks to whoever posted the esignal fib bar indicator but I have another request.

Is it possible to have the bars/candles change color like Quah has his setup when the stochs are above/below?

Also it would be great to be able to use the fib bar counter on any time frame not just the 1 min.

I am using the new 7.1 version.

Thx

 

[nitro]

Originally posted by Hendrix


I agree. I get the feeling nitro has backed off that wee tirade, and may now be regretting it........but at the end of the day, whatever works, right?

Heh,

I think I have done myself a diservice here.

A slice of my Bio from my trading career:

From 1989 - 1991, I went to work for a Hedge Fund as a programmer to write, test, and implement trading ideas in C. One of my jobs was to take systems that we had bought, or had come accross in books, and implement them against tick data from Tick Data Corp. I remember the endless hours of testing all these systems by gurus like Larry Williams and Jake Berstein that didn't make a dime after comissions and slippage. After much effort, we found something that worked accross all comodities, using very little walkforwarding.

This company really got me interested in systems trading. After I left this company, I kept messing around with systems trying to find one just right for me. I never did.

Then, perchance, I met someone that taught me to trade. I was really reluctant at first to let go of my systems idea, but once I got the hang of it, there was no going back.

What is funny is that, now that I know how to trade, my capacity to write good systems has exploded - I now, for fun, routinely have four ES systems going in at the same time. Almost all of them make money, and they know a fraction of what I know about spoo trading - I doubt using current technology, that I could teach them everything I know about spoos trading - current programming languages are simply not expressive enough in the "right" way.

As I said in a previous post, I tested this system ten years ago for this company, except that we did not do the SARs, although we tested it with stochastics, and it did not make money IN THE BIG SPOOS CONTRACT. I simply dismissed it on those grounds.

But when nkhoi pointed out the completely obvious, that ten years ago we did not have the ES, and we did not have IB or FFastrade - a light bulb went on. Since then, I have revisited some systems that did not work ten years ago after slippage and comissions, but show great promise today - one being FibTimes...

nitro

 

[Gordon Gekko]

Originally posted by Snosur4
Thanks to whoever posted the esignal fib bar indicator but I have another request.

Is it possible to have the bars/candles change color like Quah has his setup when the stochs are above/below?

Also it would be great to be able to use the fib bar counter on any time frame not just the 1 min.

I am using the new 7.1 version.

Thx

ET member Dion Loy made it and i think he works for esignal.

 

[inandlong]

A deadly accurate signature. Will that be one Porsche or two sir? Oh, the Bentley? Yes it's available.

I haven't been around a group of traders since the old days. But I have always been a behavioralist. We are fortunate to be watching the formation of a powerful trader. I, for one, am awed by what I am seeing. I am thankful that I recognize it. It is inspiring.

BOL to you friend. I truly pray that my Lord continues to protect and bless you and your family. Should the need ever arise, I will always be available for you.

Wow - I am shedding a few tears... pure joy.

 

[Quah]

NQ looks like it is back to it's old games. ES nice.

http://home.carolina.rr.com/quah/quah1web.htm

 

[Dion Loy]

This is for Snosur4, who requested a formula that will colour the price bars depending on the stochs.

This is an example of the output:

http://share.esignal.com/ContentRoot/Devious+Dart+Trading/colorStochs.png

It will color your price bar blue if the fast > slow, red if slow > fast, or grey if they are equal.

You can download the efs from here:

http://share.esignal.com/download.jsp?groupid=2&folder=&file=stochColor.efs

 

[Quah]

Decent day for ES, not too good for NQ. First three trades ended up break even - and a lot of chop on the others - almost always going to +2.50 instead of +3 needed for exit.

For ES:

+6.50 points, 13 trades, 10 winners, 3 losers

For NQ:

-9.00 points, 18 trades, 10 winners, 8 losers


http://home.carolina.rr.com/quah/quah1web.htm

 

[Quah]

Today was the first day NQ had a losing day where ES didn't also have a losing day. Both ES and NQ now have 4 losing days each out of the 17 days I've posted trades for.