Why do people use Volume, Range and Tic charts?

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Quote from marketsurfer:

the professor makes sense and is logical only within the context of his system. it "seems" to make sense but in reality it is seriously flawed. When pressed, about automating the system--- he either doesn't respond or says " come see my class". im convinced there is lots of subjectivity to this supposed system.

come on professor, just put the program on collective2 so we can witness it in the real world.

regards, surf
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You have no first hand information regarding my system but repeatedly make comments regarding it. You repeatedly use the word "reality" but that is a lie since you have never seen or used what I do in real time environments. I've given you the ability to have that information but you have refused opting for standing on the sidelines throwing stones. You are the King of hiding in the shadows of the internet when throwing your unsubstantiated barbs.

You repeatedly accuse me of things like saying my findings are not original but then refuse to offer proof. You can't because there is none.

I've tried to be nice to you and offer you the opportunity to attend my class as a so called journalist so you can see for yourself, once and for all, precisely what it is I do but again and again you refuse. Why? Intelligent individuals can figure that out without a problem.

I'm currently worn out with your verbal accusations and written posts by immediately acting on your constant libelous writings and slanderous statements .

Regards,
William Schamp
 
Quote from ProfLogic:

You have no first hand information regarding my system but repeatedly make comments regarding it. You repeatedly use the word "reality" but that is a lie since you have never seen or used what I do in real time environments. I've given you the ability to have that information but you have refused opting for standing on the sidelines throwing stones. You are the King of hiding in the shadows of the internet when throwing your unsubstantiated barbs.

You repeatedly accuse me of things like saying my findings are not original but then refuse to offer proof. You can't because there is none.

I've tried to be nice to you and offer you the opportunity to attend my class as a so called journalist so you can see for yourself, once and for all, precisely what it is I do but again and again you refuse. Why? Intelligent individuals can figure that out without a problem.

I'm currently worn out with your verbal accusations and written posts will now act on your constant libelous writings and slanderous statements .

Regards,
William Schamp
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ok, thank you, burn the witches who disagree. resorting to threats is not an answer.

there is no libel whatsoever in questioning your claims. attending your class, to see you trade with my own eyes, is akin to watching uri geller bend spoons. yeah, it looks good, but is it real?? you can objectively prove your system by showing it running automatically, you claim it can/does but don't offer any proof.

please specifically define what your original finding (s) are--- i'll be happy to retract that statement, once i know what your finding(s) are.

thanks,

surf
 
Quote from marketsurfer:

ok, thank you, burn the witches who disagree. resorting to threats is not an answer.

there is no libel whatsoever in questioning your claims. attending your class, to see you trade with my own eyes, is akin to watching uri geller bend spoons. yeah, it looks good, but is it real??

please specifically define what your original finding (s) are--- i'll be happy to retract that statement, once i know what your finding(s) are.

thanks,

surf
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You pompous ass. I welcome constructive discussion on what I do. Those not wishing to hide have personally reviewed what I do and walked away satisfied. One of those was an individual YOU appointed (Hombre) to review it, then ignored his responses. You have even repeatedly ignored his comments to you every since.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=64001&perpage=5&pagenumber=13

A number of people have contacted Hombre and he has substantiated the fact you ignored his comments regarding the class.

What I stated earlier is definitely NOT a threat it is a promise.

You again have NO CLUE what I offer in my class so statements to the content is again a lie.

What I do is precisely laid out in this forum and if you weren't so lazy you could read and confirm that out for yourself, many other already have.
 
2) I didn't say it was a bad thing ... just one of a choice of things. I use time based bars because I have found that the bar break is meaningful to a lot of other traders ... so watching it and responding to it is a key part of my trading. I also use a much faster tick chart (vol just isn't so good in hsi) to count pulses within the swing I see on the minute chart.

So, its not a bad thing - its just not the only thing

sure for my strategy it performs better with time based bar than

tick bar or volume bar
 
Quote from robinxing:

for a trend following system with hsi

in my experience time based interval is much better
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In hsi do you mean Hang Seng Index? And if yes, have you used Constant Volume Bars?
 
ProfLogic, all,

The information you gave in this thread about chart/trading environment setup is by far the best I have ever read. It is very valuable piece into my trading method. Thanks so much. If someone understands the point behind square-incremented volume charts (which requires open mind and intelligence) he/she finds this is the most objective and perfected method how to set up the trading environment!
The thoughts you evoked in my head reminded me the feeling I had last time when I read J.M.Hurst!

This thread has one bug though, those retarded comments (or better said rubbish) from a "trader" called marketsurfer. Let us ignore him please, he is not worth a word and focus on the constructive ideas (he made plenty of effort and struggles to convince us that he is not able to create a single constructive and intelligent comment). I feel sorry for him, he will never be anything more than stinky loser. On the other hand I am so glad that such fools exists every time I have a winning streak! :D
If he cannot help himself wasting time here and puking his dumb-ass BS, let's just tell him - we luv u honey but cannot help you here - wrong place, this is not a psychiatry :(
OK, this is my one an only comment to this funny puppet and I believe guys (PL, JJ, others) he will not discourage you from a great posts. If so, let us move somewhere where distracting stupidity can be banned.

Back to the topic. What I love on VB charts and squared increments is consistent view on various markets and decreasing the learning curve required to become familiar with the market (except of other benefits).
Personally I daytrade ES and use increments of 11. The multiplier of 11 give me bigger picture on the slower chart which I like (before I used 5-minute, now 14641-V). My trading method is little bit different to ProfLogic, but not in principle. I use various levels, tape and market profile in my trading, and I am glad to find a method how to set up my environment in a more structural and fundamental level. My set-ups seems to look more consistent, less distorted (time distorts a lot) and easier to read. Still I use time based chart for MP (30-min) for identifying bias, POC and VA, but nothing compares to clarity and consistency of volume based charts on setup and timing charts.

ProfLogic, GREAT THANKS!!! And I thank nature to make some people blind to see what value you gave here.
 
Just a post to say thanks. I don't understand a lot of this, but I've bookmarked this thread and will be rereading it at my leisure.
 
Quote from nelo:

ProfLogic, all,



This thread has one bug though, those retarded comments (or better said rubbish) from a "trader" called marketsurfer. Let us ignore him please, he is not worth a word and focus on the constructive ideas (he made plenty of effort and struggles to convince us that he is not able to create a single constructive and intelligent comment). I feel sorry for him, he will never be anything more than stinky loser. On the other hand I am so glad that such fools exists every time I have a winning streak! :D
If he cannot help himself wasting time here and puking his dumb-ass BS, let's just tell him - we luv u honey but cannot help you here - wrong place, this is not a psychiatry :(
OK, this is my one an only comment to this funny puppet and I believe guys (PL, JJ, others) he will not discourage you from a great posts. If so, let us move somewhere where distracting stupidity can be banned.

.
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:) thank you for the kind words. it's nice to see the true believers rally round. i am happy for you winning streaks, and wish you many more when trading the can't lose logical method--all trading is winning streak with logical method!!!

:D

in the mean time,

perhaps you can provide an objective program based on proflogic's claims/system so that it may be observed or tested-- this way even funny puppet marketsurfer becomes true believer.

he, so far, has refused to do so.

regards,

surf aka "stinky loser"

ps. at this point, even a series of real time calls, prior to the fact, would do wonders to influence this infidel---

here's a world wide web site were your system/calls can be tracked objectively--- www.collective2.com make sense, no ??

pss. come to "surf report" to watch and learn. :D:D and bring all friends, every bunny welcome!!
 
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