Spydertrader's Jack Hershey Futures Trading Journal

[El OchoCinco]

Yeah I was joking with Ivob since he said sometimes it validates and sometimes it invalidates lol. If it is sometimes right and sometimes wrong then its a flip. I am going to add it to my charts and simply look to see if there are consistent patterns on trend reversals or FTTs at the Forrest and Tree level.

Quote from Spydertrader:

If STR/SQU invalidates incorrect thinking and validates correct thinking is it still a guess?

 

[Bearbelly]

Quote from Pr0crast:

Is there any way for an IB customer using quotetracker to get STR/SQU set up?

Not with Quotetracker. You can use Maks tool if you have Excel but it does not produce a histogram. Heres a snapshot of it. It is located around page 350 of the Question for Grob/Hershey thread.

 

[makosgu]

Quote from optioncoach:

Yeah I was joking with Ivob since he said sometimes it validates and sometimes it invalidates lol. If it is sometimes right and sometimes wrong then its a flip. I am going to add it to my charts and simply look to see if there are consistent patterns on trend reversals or FTTs at the Forrest and Tree level.

Initially, just watch for the strong stuff... This is like +/- 5 territory... You can actually profile str/squ for strength just like volume...
VDU is -2<=X<=+2
You move out from there...

 

[Tums]

Quote from Spydertrader:

1. I currently have my 'offset' value set at 65

- Spydertrader

is there anyway to automate the offset adjustment?

 

[Ezzy]

Quote from dkm:

I cannot see the correlation so far. I am wondering if I have this histogram set up correctly.

dkm,

There will be a difference based on how your software handles the coding - the start point on the comparison bar. As you can see in my chart the bars move across the centerline. It shouldn't make much of a difference when your used to how it acts.

edit: Regarding what Mak said, Qcharts doesn't store the extreme values either. Gotta catch them on the fly.

Regards - EZ
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1424388>

 

[WGTrader]

My ES for today. I found the morning difficult, but after 12:00 things were much clearer.

 

[El OchoCinco]

Y eah I am going to add it at the bottom and line it up with key moves and see what patterns emerge. Studying it myself is the only way to see if it is useful for me or just added noise.

Quote from makosgu:

Initially, just watch for the strong stuff... This is like +/- 5 territory... You can actually profile str/squ for strength just like volume...
VDU is -2<=X<=+2
You move out from there...

 

[Avi 8]

ES for today.

-Mike

 

[dkm]

Quote from makosgu:

The problem with esignal is that it does not commit the extremes to memory.

I previously had an ohlc equivalent which did show the extremes then I changed it to histogram. I am nowhere near ready to use this tool so I am putting it on the back burner. My sim results continue to be very disapppointing.

 

[Spydertrader]

04-04-2007 ES Chart

- Spydertrader