Why do people use Volume, Range and Tic charts?

[fearless9]

Quote from JimmyJam:



Me personally, I'm sick of it, and seeing as how we were told to leave Surf's thread if we didn't want to hear what he has to say, I definitely don't want him polluting this one anymore.

Good Luck to you too,

Jimmy Jam

With all due respect JJ, you are allowing yourself to be sucked down into someone else's game and thereby giving them a psychological hold in a game that does not involve trading for a profit.

Now, I am only here for the money, nothing else is of concern to me.

As the originator of this thread, it either runs a positive course as indeed it has or I lose interest fast.
Nothing more nothing less.

 

[marketsurfer]

may i suggest the following book for those who are seeking knowledge in the trading game. it's very easy to create a trading system that appears to be highly accurate due to the concept explained here:

http://www.amazon.com/Innumeracy-Ma..._bbs_sr_1/103-8344203-1878248?ie=UTF8&s=books

those with alternative motives play upon this unfortunate situation resulting from general american education.


regards,

surfer

 

[JimmyJam]

A couple more items:

If you are taking a divergence signal, you need another indicator to confirm it.

A SMA 20 is as good as any.

For example, here is an example where the SMA 20 does confirm the divergence ...

 

[JimmyJam]

... and here is an example (from today) where the SMA 20 does not confirm divergence.

Regards,

JJ

 

[JimmyJam]

Quote from fearless9:

With all due respect JJ, you are allowing yourself to be sucked down into someone else's game and thereby giving them a psychological hold in a game that does not involve trading for a profit.

Boy are you ever right about that one!

Now, I am only here for the money, nothing else is of concern to me.

As the originator of this thread, it either runs a positive course as indeed it has or I lose interest fast.
Nothing more nothing less.

Duly noted f9

Henceforth MS is on ignore

Best Regards,

JJ

 

[ProfLogic]

Quote from spinner:

At the bottom of the following page, I can see that the Ergodic offers a substantial advantage over the Stochastic.
http://www.erlangerquote.com/newplugins.htm

It seems the Ergodic is not available as a canned indicator on TradeStation, Interactive Brokers or NinjaTrader.

Can anyone help with either

(a) a website where the Ergodic can be used without incurring further expense?

or

(b) how to create the Ergodic in (preferably) NT or (2nd choice) IB. Can it be created by tweaking the TSI -- adding an EMA of the TSI on top of the TSI line? What parameters would be used (ST 5, LT 20, EMA 5?)

The only Ergodics I have is for TS8 & TS2000i. I don't have one for NT or IB. If you want one of those I will post it but they are older and haven't been updated in a while. I use MultiCharts. Just let me know.

 

[ProfLogic]

Quote from marketsurfer:

may i suggest the following book for those who are seeking knowledge in the trading game. it's very easy to create a trading system that appears to be highly accurate due to the concept explained here:

http://www.amazon.com/Innumeracy-Ma..._bbs_sr_1/103-8344203-1878248?ie=UTF8&s=books

those with alternative motives play upon this unfortunate situation resulting from general american education.


regards,

surfer

WARNING - This book has absolutely nothing to do with what I am explaining here.

 

[ProfLogic]

Euro FX Intraday Chart - 12/04/06

 

[ProfLogic]

eMini S&P Intraday Chart

 

[dandxg]

Prof Logic and others,

Do you find that you charting programs cuts bar at exact volume you desire? I can't Sierra Chart to give me an exact 2401 volume candle or any other volume desired for that much. I have some stop at 2420 all the way up to 2511 on the high side. I guess I am asking does it matter so much PL?

Reason being I seem to find candlestick patterns on these volume chart that correspond with swing high low, but some are with volume to high or low, making me concerned I am not seeing the correct pattern. Hopefully that makes sense?

Dan