Why Is The Obvious Not So Obvious?

Of course, the best thing about Excel is that you can get a chart that you can not get anywhere else, providing of course you are not a member of the lazy group and like other people to tell you how you should do things.

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Here is one I done some time ago but left it and never finished it off. It will give you an idea of how important the average range is in relation to capital requirements. All this can of course be easily automated to include live winning and losing trades, it just needs some planning and time allocation.

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Do not ask me to explain this, go workout for yourself if you are interested in trading something like this. All I will say is that certain information is best to act on when the TIME is right, which is also why a lot of automated programmes are useless (go figure). No matter how fast a computer or data feed you have, if you have a fool doing the programming, then you should expect nothing only foolish results, a.k.a, garbage in = garbage out :)

Everything that Pelt has asked is covered here, if you can not figure it out, then you still have a lot of learning to do in relation to daytrading the open.

As mentioned, you really only learn by winning and losing, so be well prepared for both, and then it really just becomes a matter of TIME.

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wtfauoa said:
Do not ask me to explain this, go workout for yourself if you are interested in trading something like this.
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The charts are not marked up with live entries/exits. And it is not the ES. And they aren't trading charts. They are simply charts everyone else in the universe can got from any datafeed. So how does this help us all again, out here in the real world?
 
Not that it matters but that last pic looks like qmat front end. Very handy and user friendly to create stuff indeed, once you know what is needed of course.
 
Pelt said:
Not that it matters but that last pic looks like qmat front end. Very handy and user friendly to create stuff indeed, once you know what is needed of course.
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Like mentioned, be careful what you spend time on, as it is very easy get sucked into doing up stuff that is really no use. As for the usual suspects, if it hit them slap in the face the wouldn't see it, so so obvious :)
 
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