Volume analysis is to be discarded as it is "too much information"

Volume analysis of any use?

  • I believe in using volume analysis

    Votes: 162 58.5%
  • I discard volume analysis in my trading

    Votes: 71 25.6%
  • I really don't know

    Votes: 43 15.5%

  • Total voters
    277
Quote from bwolinsky:

For you proflogic, I've only read esoteric ancient threads about what I believe is your use of the ergodic oscillator. If I have you confused please tell me. I used to have systems on futures trading with the ergodic oscillator, but I found them to be massive curve fits.
B I N G O !
 
Quote from bwolinsky:

I can bail you out, Prof, just as I did Jack Hershey. You post your TS code, and I'll vouch for it. Not that people think Jack Hershey is any less crazy, but that if someone can show a backtest that works....well, that'd be the first step. My 2 pennies.

This whole thread is one big pissing contest. Nothing too constructive in it. Unbelievable.

What's lost on many here is that systems have up and down periods, and we don't have any clue one way or the other when somebody is there unless you can see their real trades.

This thread is in strategy trading, and I haven't seen any strategy being discussed. Volume is helpful in very few cases, and Jack Hershey's system is the only one I've ever seen where a volume condition makes a huge difference.

For you proflogic, I've only read esoteric ancient threads about what I believe is your use of the ergodic oscillator. If I have you confused please tell me. I used to have systems on futures trading with the ergodic oscillator, but I found them to be massive curve fits.

The indicator is open source and in this forum so testing it is pretty elementary. I guess that is why the trolls pop up because it is too simple.

PM me and I will send you the most recent program for TradeStation. I'll also send you the rule set which is even simplier than the indicator.

The Ergodic is just a single indicator I use to confirm the natural price oscillations created by the constant volume bar charting. The ERG is far superior because it isn't range bound, or erradic & inconsistent like the Stochastic or MACD. There is a natural smoothing to it as well when applied to the constant volume bar charting. Curve fitting is a problem when applying the ERG to inconsistent charting like time or transaction based charting but doesn't rear it's ugly head on the constant volume charts.
I don't mind sharing.
 
Quote from Tradesall:

You'd be the expert regarding simple and trolling :p
Speaking of trolling, the big-time GURU is trolling ET for free ESignal data! Here's a post where marketsurfer puts him in his place.

Quote from marketsurfer:

your not making much sense and for someone seeking free esignal data, you are out of your league.

surf

surf

075955685 T A FT 000000100 00000368600 N 00 0000000000004354 C
083409208 D A T 000001905 00000375700 N 08 0000000000006251 C T
084624850 D A T 000001905 00000375700 10 0000000000006252 C T
085402745 P A T 000000100 00000375700 N 00 0000000000007957 C
090521461 P A T 000000200 00000375700 N 00 0000000000008692 C
091555487 D A T 000001905 00000375700 N 00 0000000000009708 C T
093003351 T A O X 000000311 00000376600 N 00 0000000000012798 C
093003351 T A Q 000000311 00000376600 N 00 0000000000012799 C
093023632 N A @ 000046200 00000373900 N 00 0000000000017181 C
093023692 D A @ 000000100 00000373500 N 00 0000000000017196 C C
093023932 P A F 000000100 00000373500 N 00 0000000000017245 C
093024052 N A @ 000000100 00000373500 N 00 0000000000017284 C
093024082 T A F 000000100 00000373800 N 00 0000000000017296 C
093024082 T A F 000000100 00000373500 N 00 0000000000017297 C
093024142 P A @ 000000100 00000373500 N 00 0000000000017306 C
093024202 P A @ 000000100 00000373500 N 00 0000000000017319 C
093025943 T A F 000000100 00000374100 N 00 0000000000017675 C
093027983 T A @ 000000100 00000373500 N 00 0000000000018053 C
093028163 P A @ 000000100 00000373500 N 00 0000000000018085 C
093032183 D A 4 000002200 00000373900 N 00 0000000000019060 C T
093032633 D A 4 000000100 00000373900 N 00 0000000000019230 C T

smoke that.....



:D :D
Link

no respect :p
 
... and you're gonna LUV this one Equalizer!

It seems that our good ProfLogic is claiming affiliation with the Research and Finance Departments of major universities ... at least that's what he says on Surf's thread:

Quote from ProfLogic:

My affiliation with these groups isn't important but these groups are plotting and documenting the consistency of price movement. I never said or implied I was part of them, just that I was aware of them. Many of the participants keep me informed as their research progresses as a courtesy due to my own research. They feel I make perfect sense since they are verifying the data with their own two eyes. They aren't blindly trusting anyone that tells them prime oscillates consistently.
Link
 
But when Surf asked him to name his contacts, all I could hear was the sound of the traffic horns. :p :D

Quote from marketsurfer:

Name ONE person who is in the finance department of ANY university who can verify that "you are kept informed as a courtesy due to your own research" This is simple BS, unless you care to PROVE otherwise.

surf

Link
 
OK, OK.

Come on everyone, gather around. I'm taking up collections for ProfLogic so that he can get one years worth of eSignal data for all of these symbols.

Link

Looks like he needs a lot of help with this one. :p


P.S. What a clown! :eek: :D
 
Quote from MandelbrotSet:

+3 :D :D :D

Please follow the links Manny posted . . . for the rest of the story.

Hope you get a good turn out for the play this weekend Manny. A good turn out is always good before they turn you out.
 
Quote from ProfLogic:

Please follow the links Manny posted . . . for the rest of the story.
Especially the street begging thread. That one is loads of fun. :D :D :D

Quote from ProfLogic:

Hope you get a good turn out for the play this weekend Manny. A good turn out is always good before they turn you out.
I guess you would know all about it, seeing as how you're so close to Swineflu. :eek: :p
 
Just ... LOL! :D
Quote from MandelbrotSet:

Seeing you take this trade as "ProfLogic". Link

And then move your stop as "swineflu" Link

Have another poster notice the mistake Link

And then go through this whole "Who's on First" routine to try to get out of it was one of the alltime funnies moments on ET, bar none!
***
To see the whole dialogue that Proflogic went through with himself as swinflu, read from pages 11280 to 11282 of the ES Journal.

I swear, you will be ROTFLMYAO!!! :D :D :D
 
Back
Top