Spydertrader's Jack Hershey Futures Trading Journal

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Quote from dougcs:

I'm still confused over flaws. Do we cover them in depth at some point or have I missed the memo?
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We haven't covered them in depth yet. When trading on the Forest Level Resolution, flaws do not exist. However, I do plan to post on how to handle the possibility of flaws, in the very near future.

- Spydertrader
 
Spyder if you have a chance, could you please post today's SQR/SQU histogram pic as you have it.

Mine looks like this which I think is incorrect. (green +2 / red-2)

Thanks!
 

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Quote from optionpro007:

Spyder if you have a chance, could you please post today's SQR/SQU histogram pic as you have it. Mine looks like this which I think is incorrect. (green +2 / red-2)
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I think I used an offset value of 70 today (I say think because I have already set my offset for tomorrow at 72). Since your values appear skewed slightly to the high side, you may have set your value slightly lower than needed. Try changing to 69 or 70 to see if that value doesn't reset your chart closer to the 'zero' line for you.

- Spydertrader
 
Quote from Spydertrader:

I think I used an offset value of 70 today (I say think because I have already set my offset for tomorrow at 72). Since your values appear skewed slightly to the high side, you may have set your value slightly lower than needed. Try changing to 69 or 70 to see if that value doesn't reset your chart closer to the 'zero' line for you.

- Spydertrader
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Thank you sir.

I changed the number as indicated but I think I am doing something wrong because it doesn't look like your snipet.
What do you think of it with the change, is it close enough?

Wonder is Mak knows what I need to do.

Could this indicator be in generic software under a different name or is it original to SCT?

Excuse for bothering. =)
 

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Quote from optionpro007:

What do you think of it with the change, is it close enough?
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I have my chart set to Histogram, rather than to 'bar chart' as you appear to have. If you can, change the charting style to Histogram. Other than that, your bars appear similar to what I had. Keep in mind, I only view a small portion of the whole day at any one time - hence, the small snippet.

- Spydertrader
 
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