Why do people use Volume, Range and Tic charts?

Status
Not open for further replies.
Quote from marketsurfer:

no "cloud casting" here ( i like that term, nice!) simply trying to show that there is WAY MORE subjective features of P.logic's method than he admits in the sales pitches. there is nothing wrong with subjectivity, just admit it and stop pushing the past as if it the future.

surf
More...

The only sales pitch in this thread is you selling people on the potential of you having an IQ greater than 80.

You have "ZERO" clue what I do so you have "ZERO" credibility to make comments on it.
 
Quote from marketsurfer:

facts are, all that is happening here is an artificial construct is being placed on consistent chart based price--then a smoothing factor is introduced such as the prime number based tic bars.

this gives the appearance of prediction on past charts when combined with smooth sounding explanations, it's highly seductive.

unless one looks at it objectively and understands whats actually going on under the boards--then it becomes like anyother subjective method--- can it work, sure. does it work all the time, no way!


surf
More...

You are a clueless individual that knows absolutely nothing about what we are discussing here and the more you type the less credibility you retain.

PERIOD!
 
Quote from Razor:

Hi,

I know Prof is extremely busy so I thought I would post this on this thread in the hopes that someone that follows his ideas could comment on my chart. Cheers :D

Please have a look at the chart below and see if I labeled it correctly. Basically I just used my price oscillator and every time the osc went either +.50 or .50 (black lines are the .50 lines and the red line is the centre line) I looked at price to see if it was making either a HH, HL, LL or LH. If price didn't make a HH, HL, LL or LH with the osc above or below the .50 zones then I didn't mark these points on the chart as what I am thinking is for the actual Primary trends one needs to only mark HH, HL, LL, or LH points when the osc is above or below the .50 zone.

From this chart I basically have the NQ in Primary Bear at the start up until where I have it go into Primary Bull as indicated on the chart...is this correct ?

I would imagine the best thing to do would be to look for only shorts when in the chart is in Primary Bear and only longs when in Primary Bull ?

Cheers


http://i11.tinypic.com/8gio01s.png
More...

Razor,

Here is the 343 with the auto-labeling.
The Trend of this particular chart is a Bear, so the move up here is counter trend but confirming.
 

Attachments

Cheers ! :D

Will study it and get back to you on my thoughts :D



Quote from ProfLogic:

Razor,

Here is the 343 with the auto-labeling.
The Trend of this particular chart is a Bear, so the move up here is counter trend but confirming.
More...
 
Hi Prof,

Man, I must be very slow as I just can't get my head around how to decipher Primary Bull and Primary Bear trends and how they change. I thought all you needed was a HH, HL, HH on the chart you are watching / trading along with your oscillator hitting above the cut off line on the HH, below the cutoff line on the HL and then back above again on the HH and then you are in Primary Bull ?

Cheers :D
 
Based on my so far crude understanding of this method, you guys must be making a killing in trending markets. How do perform in ranging, choppy markets ?

Mars
 
I am being generous today.
If you want to learn more, do a search of Prologic on ET. There are a few threads with firework and thunder. But if you can cut through the smoke, you will find all the detail you need.
 
Quote from Razor:

Hi Prof,

Man, I must be very slow as I just can't get my head around how to decipher Primary Bull and Primary Bear trends and how they change. I thought all you needed was a HH, HL, HH on the chart you are watching / trading along with your oscillator hitting above the cut off line on the HH, below the cutoff line on the HL and then back above again on the HH and then you are in Primary Bull ?

Cheers :D
More...



:D

it's perfectly clear in the past, just look at the pretty charts.....
 
Quote from limit:this nonsense is starting to remind me of the line in the movie "Good Will Hunting"....."you like apples?"....lol
More...
More like Abbott and Costello "Whos on first? No, who's on second..."

Seriously, I don't know why we can't all completely ignore surf's posts, entirely.

Every reply, even the most trivial, encourages more noise on this thread.
 
Quote from marketsurfer:

:D

it's perfectly clear in the past, just look at the pretty charts.....
More...

Surf:

I dont know what your problem is. Why are you on Plogic's tail? If you have problems with him/her just say so. You are becoming very annoying!

FYI: CVB is a means of measuring "market time". "Market Time", inherently, is fractal in nature. This is not the chronological time most of us are used to. Unless you understand this (which, based on your posts, doesn't seem like you do), you will not get what plogic is trying to communicate.

If you really want to understand what plogic is saying think about the following:
- What does constant time charts measure?
- What does constant volume charts measure? (constant volume charts are NOT the same as constant tick charts).
- What use are these measurements to a trader? (Hint: Market understanding, trading tactics, etc).

Once you understand the answers to these questions, go re-read plogic's comments on CVB charts dampening [chronological] time based price oscillations.

Hope this helps.

-MadSpeculator.

PS: I am not interested in your negative comments!!!
 
Status
Not open for further replies.
Back
Top