The barless system?

Quote from 4XIS4U:

For the last little while I've noticed that individual bars puts a of stress on me when trading and also take me away from what's really happening... I then started to play around with the line charts... surprisingly it gives me a great level of confort when trading...

I also know that this system works better on trending days and will give money away on chop... but, my simple visual backtesting tells me is still profitable when I apply my take 1/2 profit rule...

am I crazy trading of these charts?


4XIS4U,

Looks great to me....whatever works best for you....is what you should stick with.

I decided to play with this a little....try hiding the Line and the Parabolic Sar....from the looks of it....you may be able to use the Ribbon....by itself....similar to this chart.

VSTscalper
 

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Quote from VSTscalper:

4XIS4U,

Looks great to me....whatever works best for you....is what you should stick with.

I decided to play with this a little....try hiding the Line and the Parabolic Sar....from the looks of it....you may be able to use the Ribbon....by itself....similar to this chart.

VSTscalper

VST, the reason I have the line and the SAR is that it gives me stop points... just using the bands would leave too much $$ on the table... accordingly to my backtesting... is that what you're suggestiong?
 
Quote from 4XIS4U:

For the last little while I've noticed that individual bars puts a of stress on me when trading and also take me away from what's really happening... I then started to play around with the line charts... surprisingly it gives me a great level of confort when trading...

I also know that this system works better on trending days and will give money away on chop... but, my simple visual backtesting tells me is still profitable when I apply my take 1/2 profit rule...

am I crazy trading of these charts?

:(

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1274652</img>

What charting software is that?
 
Quote from 4XIS4U:

VST, the reason I have the line and the SAR is that it gives me stop points... just using the bands would leave too much $$ on the table... accordingly to my backtesting... is that what you're suggesting?

This line says it all ... "For the last little while I've noticed that individual bars puts a of stress on me when trading and also take me away from what's really happening... I then started to play around with the line charts... surprisingly it gives me a great level of comfort when trading..."

Your Original Chart

a) The method you use to trade it

b) The logic of entering the trades

c) The reasoning behind the partial taking of profits

d) The reason for the final exit

Are all crystal clear to me, there's no reason for you to change anything, time will tell you what changes you need to make as your level of comfort, profitability and skill at trading your system increases.

Among the financials, YM probably has the least over-all risk, next NQ, then ES and finally ER2 probably has the most. So long as you think in terms of trading risk, not trying to get the maximum profit, you'll do well with what you have.

Regards,

JJ
 
I suppose people decorate their charts according to taste. Personally, I apply a moisturizer to my charts to get rid of those unsightly lines.
 
Quote from 4XIS4U:

VST, the reason I have the line and the SAR is that it gives me stop points... just using the bands would leave too much $$ on the table... accordingly to my backtesting... is that what you're suggestiong?

4XIS4U,

I think your chart looks great and should work great....I was just playing....experimenting. As I said....whatever works best for you....that is what you should do. I have my own set-up....simple....clean....and I think yours is much the same.

I am always programming....experimenting....kind of a hobby.

VSTscalper
 
Quote from JBlankenship:

The braless system? I never wear a bra when I trade and it works for me. :eek:
Good for you. It just goes to show that not everyone needs technical support.
 
4XIS4U,

Is there an afl available at the yahoo group?

Being a true dummy and newbie I try working with AB, but programming is rather a strange art for me.

Thanks

Hittfeld
 
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