Trend Following dying?

I sit here with great desire to create a masterpiece. My world is empty without a way to express myself. The tools of my thoughts are sitting lifelessly awaiting this vision within. It may be time to sweep the voices of the market with colors to reveal the inner emotions of those who have left their footprints . . . through chartistry a world emerges
 
thanks jack,

i figured it was an intrabar move or going to a
faster time frame, but its good to get it from the source.

as you point out, many times it takes more bars than
the minimum, so i know what to expect for the typical trend.
will continue with the work of mada and
debrief.

Quote from jack hershey:

Bar 1 has P and T and more volume following towards the P It has crossed the prior RTL @ the T of volume.

Bar 2 is dominat and has increasing volume over the post TRL volume of bar 1. The second P is on Bar 2 @ an enven or odd harmonic point.

Bar three is light volume.

Bar 4 completes price move two early on and volume picks up after that taking the third move to a close on an FTT on dominant volume in the third price move.

If this were four ES bars over 20 minutes , you could amply see these moves on the YM leading ES particularly at the turns from dominance to non dominance. In 20 minutes there are ten bars involved.

On the OTR you have a place for carving the turns to make the extra ticks. the number of bars there is quite alrge.

By turning to the S/S whic raps out abar a minute you get to see a fast rising column and then a dip in magnitude and finally a lesser rounded column.

For the three bar version, just squash bars 2 and 3 into one bar OB if you like or a X R and make bar 4 a sym.

All versions are a long pattern. B3B 2R 2B. the portions are divided mostly with an intrabar intrabar timing.
More...
 
Quote from TIKITRADER:

yes during backtests little things that I have highlighted may surface.
...
More...
this stretch needs more works but the rest is not bad.
ok7ad2.jpg
 
'Kit, you seem to be where I am. You want to share, but you don't dare. But your posts have influenced me. I put up a five minute window. I do that about twice a year. Then take it off in disgust.
 
Quote from Arthur Deco:

I put up a five minute window. I do that about twice a year. Then take it off in disgust.
More...


If I may suggest also, please . . . to keep the chart displayed longer than 5 minutes I found it helped me tremendously. :D
 
Lame excuses? What's your excuse for showcasing Jack's stock picks by ignoring his buy and sell dates and cherry picking dates in hindsight?

You started a new nic and your very first post was on Feb 26 when you posted an attachment which you said is "the stock list Jack sends out each week." Your second post was a "Clearstation portfolio" of those stocks, presumably to show how they have done.

So I decided to reconcile the two. The first stock on Jack's list was RNOW which according to your first attachment he bought on Feb 8 and sold on 9 Feb (probably at a loss) -- just before RNOW's big move up.

Yet your second attachment showed RNOW at 16.60, gaining 10.96%

There are two problems with that. First, the stock's high on the day that Jack sold it was 15.25. Second, RNOW has fallen the last 4 days and hasn't seen 16.60 since Feb 23.

If you want to showcase Jack's stock picks you can't ignore his buy and sell dates and cherry pick dates in hindsight to make them look good. But keep digging deeper :p


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2747381>
Quote from SS314:

You have some fairly lame excuses here. The market went up 2.5% that week and Jack zeroed in on a list that did 9% in only a 5 day part of the their cycle so you negate the 3.6 times the s&p in 5 days and argue that clearstation is wrong. That’s not the strategy here. It is to cycle 4 streams and have a list ready to buy something new. Is there nothing in there that fills the bill? You have read Jacks explanations a thousand times, and keep begging for proof. Is this all going over your head? Can you see what’s going on?
You try to get Jack on your chessboard by flaming so you can learn something. Jack in turn uses you as a foil to make a point for others that read. You end up on Jacks chessboard as cannon fodder. From the outside looking at this you look like a bunch of ankle biting trading midgets crying show me, show me.
Have you no dignity man?


S
More...
 
Quote from jack hershey:



I feel that we are not far from platforms that no longer anchor the volume bar to an arbitrary line. It is very difficult to reason with platform company decision makers on the saleability of their platforms. The picture of any vendor corp is a strange one. Programmers ar assigned tasks that come from somewhere. that somewhere is not expert traders or expert programmers outside the company.

Talking about enabling outsiders to use the platform and have private libraries is a hard sell too.

To use the price shortcut I mentioned you do need to observe IBGS's. Taking the volume anchor away makes that possible. So imagine volume unanchored and seeing IBDS's visually through sensing and having a differentiated mind with respect to the inference required.
More...

Just a heads up....Investor RT and Market Delta have volume not tied to a horizontal axis. It is called the volume breakdown indicator. The IOAMT room teaches footprint style and the FulcrumTrader room teaches how to read the volume delta/breakdown.
 
You must log in or register to reply here.
Back
Top