Strategy - Indicators

[speedo]

Are you the reincarnation of Soeswasbetter...he made similar claims.

 

[IAlwaysWin]

Are you the reincarnation of Soeswasbetter...he made similar claims.

If this was meant for me. I haven't a clue who that is..

 

[speedo]

If this was meant for me. I haven't a clue who that is..

OK, different prose style anyway.

 

[deaddog]

It's right 80% of the time and with a little know-how that percentage increases to its max.

That's an edge you should be able to exploit. Enjoy your new found wealth.

 

[1a2b3cppp]

Some of what you say I can agree with. I do know and use at least one custom Indicator that at least lets me know ahead of time that price is going to move in whatever direction. It's right 80% of the time and with a little know-how that percentage increases to its max.

https://www.elitetrader.com/et/threads/tomorrows-chart-today-part-2.300552/

 

[IAlwaysWin]

https://www.elitetrader.com/et/threads/tomorrows-chart-today-part-2.300552/

I get what you're pointing out and I'm planning on it.

 

[SunTrader]

time based data is lagging. so maybe the math of indicators is just waiting around on some arbitrary 5, 10, 15, 30, 60, 240, Daily etc. bar to close before it can make a proper calculation.

indicators like history itself can be used to reveal confidence in the future. by taking a small sampling of data and adding it to "the now" you can achieve 75% confidence - enough to do well.

am i making a case for indicators no i am making a case for timeless data.

Maybe its just me but I don't see the case you think you are making.

Expressing an opinion yes.

As for 5, 10, 15, 30, 60, 240 (minute), Daily being arbitrary. No, exactly the opposite.

Plotting a 100 tick chart or plotting a 100 length MA is arbitrary.

W.D. Gann was such a great trader because he understood, among many things, the value of both price and time.

 

[Mysteron]

i have several that plot data ahead of the price and they never repaint afterwards. this repainting of indicators to fit historical data was ushered in by tradestation and developers have exploited this platform design to this day. where most every platform out there is also allowing these systems developers to cheat the public out of their money based on false results.

so while it is unlikely you will ever be in possession of a spacecraft that does not mean they don't exist.

Please elaborate.