Technical Strategy
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We will as time passes relate volatility of price to pace of the volume. This is a look up table in the ATS. The way the lookup table (1600 bar basis) varies over time is part of the preflight orientation you will use as big money comes into he picture (by using the bigmoney leading indicators and by your personal use of 20 the 50 contracts as partial fills). As we saw recently in the last couple od weeks (3 or $), there was a blow out problem a lot of the time on extreme odd harmonic turns and within LN and LT nigh velocity trading.
There are a lot of myths in CW and some of them relate to vlatility. The more volatility the greater the harvest in the pool extraction algorithm. The CW algorithms, bots and algos screw up in higher volatility.
this brings up what relates to what in the 70 degrees of freedom you will be using and idgesting. I have been introducing clusters of data elements that form the subsets we work with. we will not be looking at anything that is notstatisitically significant when there is no stat sig. Right now we have few things to look at small vocabularies and a simple focus on building the annotations from the smallest to the largest and occassionally having to do a reversal. Day 2 just went along and made 70 points per contract.
part way through that day we doubled your capital in the market so the second 30 points turned out to be 60 points for the twice level of contracts. Most trending days represent a doubling of contracts in the market.
Soon we will have 10 days done and do all the successive contract additions as the first debriefing.
Volatility is measurd in tics and there is a go/no go aspect of using volatility as a gate in the ATS. When a given level of volatility is reached, after a given skill we trade the volatility as limited capacity (pace gated) internal teading on the envelope of the overall market capacity.
Easing into the mind areas that will be differentiated is done by first puttin a space reservation in the mind. as the psace has been reserved, we then put in a differentiating vocabulary to be used in that space.
Later we go to the parts of themind that are operator oriented and we place the tooling in the mind ofr the ooperators to use.
For price we began with a work box (the mind box) that looks like this.
Occasionally someone comes along that want to automate SCT. They set up a thread and start to work applying CW to SCT by cutting and pasting their CW scripts thither and yon.
since SCT is done according to how the mind works scientifically and not how the CW works from the sales oerientaion of the financial industry and impass prevails and SCT turns out to not be programmable by people who cannot understand ohow the mind works.
Doidge is a good look see about how it will all turn out. "The Predictors" is a screeemingly funny documentary on how CW and quants screw up in Santa FE for a few years. If you read it notice when eeach guy quits who finally gets the pool extraction algorithm. It is two books in one and the author only wrote one and SCT'ers get to read the other book in the shadows.
Day 2 chart summery comments is a MUST read.
It did not show up. second try.
It did not show up. second try.
Okay.
I can ship stuff too.
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Quote from jack hershey:
i luv the humor.
Those are bar data collecting and transmitting values.
We sit on the forming bar. we lookback to see how its going relative to the prior bar and we keep track of how long the forming bar is and where it is forming relative to the three boundaries you are ALWAYS ANNOTATING.
AS WE LOOK AROUND AT THINGS WHILE being THE BAR, WE KNOW WE KNOW WHAT IS GOING ON.
Lets start with two overlaps. Inside and outside bars. IB and OP will be the symbols.
Think with me as you read this. the third is none. It is sometimes called NO overlap. we will use NO.
Give me four more. think simply.
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FTP, FBP, LT and ST. Or replace the last two with reverse FTP and reverse FBP.
Halt.
At ease.
for overlap I gave you IB, OP, and NO.
I'll give you one more: Half. Half of the prior bar is overlapped. HF.
I'll give you ALL; all of the prior bar is overlapped. ALL
I'll give you MOST. Lets just say 3/4 overlap and 1/4 is in the past and shows the NEW bar is MOVING in the trending direction by leaving the prior bar 1/4 NOT overlapped. MO
The last one is the bar overlap in terms of the close of the prior and the open of the NEW bar and the NEW bar takes off in the trending direction. This baby is the SMALL overlap bar. the vocabulary symbol is sm for small. SM
Here they are: NO, IB, OB, HF, ALL, MO, and SM.
We can change to name the overlap after the seven dwarfs if you wish.
Draw a chart of the seven by showing two vars in each illustration and using the word and the symbol. Then we can assign the seven dwarts name for lilduckling to remember them by.
by doing your usual illustration instead of replacing the one I would have done we save a step and you embed a new area of your mind with a differentiated space that is very separate and far away from patterns and formations which are multibar formations.
THESE overlaps are two bars and two bars are associated with TRENDING. TEBDING is associated with money velocity (how fast we make money.)
Quote from jack hershey:
i luv the humor.
Those are bar data collecting and transmitting values.
We sit on the forming bar. we lookback to see how its going relative to the prior bar and we keep track of how long the forming bar is and where it is forming relative to the three boundaries you are ALWAYS ANNOTATING.
AS WE LOOK AROUND AT THINGS WHILE being THE BAR, WE KNOW WE KNOW WHAT IS GOING ON.
Lets start with two overlaps. Inside and outside bars. IB and OP will be the symbols.
Think with me as you read this. the third is none. It is sometimes called NO overlap. we will use NO.
Give me four more. think simply.
--------------------------------------------------------------------------------
FTP, FBP, LT and ST. Or replace the last two with reverse FTP and reverse FBP.
Halt.
At ease.
for overlap I gave you IB, OP, and NO.
I'll give you one more: Half. Half of the prior bar is overlapped. HF.
I'll give you ALL; all of the prior bar is overlapped. ALL
I'll give you MOST. Lets just say 3/4 overlap and 1/4 is in the past and shows the NEW bar is MOVING in the trending direction by leaving the prior bar 1/4 NOT overlapped. MO
The last one is the bar overlap in terms of the close of the prior and the open of the NEW bar and the NEW bar takes off in the trending direction. This baby is the SMALL overlap bar. the vocabulary symbol is sm for small. SM
Here they are: NO, IB, OB, HF, ALL, MO, and SM.
We can change to name the overlap after the seven dwarfs if you wish.
Draw a chart of the seven by showing two vars in each illustration and using the word and the symbol. Then we can assign the seven dwarts name for lilduckling to remember them by.
by doing your usual illustration instead of replacing the one I would have done we save a step and you embed a new area of your mind with a differentiated space that is very separate and far away from patterns and formations which are multibar formations.
THESE overlaps are two bars and two bars are associated with TRENDING. TEBDING is associated with money velocity (how fast we make money.)