this screenshot was taken about 1/2 way thru development..and this section of FFT is now complete columns are obvious the bottom of ask..all green..was due to formatting not been complete..so ignore this section as for rest of colors..care to guess what they mean..and what benefits they are? top right chart..price..about 50 prints..which have now been extended bot right chart..bid/ask/volume..same extension as mentioned..the last price updates in less than 1 second after the print appears on the IB booktrader..which i find..eh OK btw..this can be used for stocks..as well as futures TO
Thank you for your comments on my chart. The next post you will make will not meet the requirements you just assigned to me. As you see both volume and price have snippits from libraries. I just thought I would introduce what a clean chart looks like to me. My strong orientation is to exits and the signals that are automated on my chart which point out the relevant signals for exits. you mentioned three things that interest you at the stage of trading you have gotten to: Entry: Stops: Targets: As the chart shows, I am in the market all the time. I will enter short on OPEN next Monday within 15 to 20 seconds of the open. If the short ends on bar 1, so will my hold. At that point, I will execute a reversal composed of what you call an exit and a simultaneous entry. It will show on ten separate fill lists (as a sequence of partial fills in the FIFO order of the "chicken feed " limit orders made market orders as my market order is hitting the market) since I am trading 10 accounts all linked to a primary account. I do not use stops because they do not work (see description above). I trade with too much "size". I have one target: to carve the turn at the end of each trend segment. As my chart shows I have automated non price non volume values as snippets automatically calc'ed and processed anf continually displayed. they show up to two or three bars before the End Effect of the segment. As you stated, you cannot "read" my charts as yet. The sample you showed does not have a system for this approach. If you expect a specific annotation, please post a code that I can transfer to my back up system. To summarize. The posted chart had a trade end, as usual everyday, jsut as the margin switch from TRH's to non RTH's. I go flat optimally on the bar 78. Count back from bar 81 the last bar. As shown, the market is "in" the last move of the short that ended the day; BUT the last move will certainly carryover into the open. I will enter with a market order @ the open on bar 1 on Monday. The first chart I posted here comes from a well known vendor. several of the unique snippets in that vendor's library got there from info we supplied to the vendor. I use but do not trade an IB associated with that vendors Universe of IB's. I was called this week by the WSJ to answers Q's about that IB. The WSJ intruded on my platform illegally; that will not happen again. ET rules do not permit me or others here to advertize for specific vendors as I understand it. I expected polite Q's about my library of snippets as a warm up drill. As you see the only Q's were not studious but at least they represented some vocabulary associated with the snippets. Obviously this person is in anguish about one facet of trading. He is intent of finding a shortcut. there are none and it takes at least a month to learn to trade wisely and skillfully.
ok JH..u are wasting ur time here..as..u appear to be involved in some form of automated programming for trading the markets..which is not what most of the people here are interested in..at all we are not interested in millions..really..as thousands is adequate..and as mentioned many times in the past..TFF is only interested in helping the ordinary man in the street..who has a realistic head on his shoulders..and who is willing to do some hard work so..maybe ur system is brilliant..maybe not..but it really does not matter..at all..as most here are not one bit interested in it..as it is not fit for purpose i hope u understand TO
This is a superior question. The pace lines are calc'ed as shown in the Hershey coding and programing thread your focus is on what a Quant would think he is seeing as a "wide tail". BUT it is not a wide tail at all it conforms, within stated limits to a gaussian distribution. This region you address as well as the lowest region, has only exactly half the influence of the four main and central regions. These six regions each have their purposes. the region you mention is a "breakout region". The lowest region is the same. the remaining four major relative regions are most important. these are the regions of the fewest surprises to the most experienced and biggest money traders. Since most money velocity can occur frontrunning the "big fish" it is important to profit effectively and efficiently during the most reliable parasitic trading periods. If you get setup to "see" the markets and the PEOPLE who influence, you will be putting in place a ten way division of all trades that are compiled into 6 regions: two tails and four main regions. This IS science handling the PEOPLE factor in trading. Notice your "short stitch" being annotated in price. Also notice where it is in trending segments. You have an oppotunity to behave. You did ask a question that indicates a major visual short coming most chart readers have. Here I have posted my first chart. It shows when volume is used to measure trends and it shows when volume is not used to measure trends. Amazingly you can read posters here that think each bar is equal when in reality some bars count and other bars count not at all. How difficult could it be to differentiate the two subsets of bars? The bars on my first chart have three colors (red black and blue) Look at the chart being used to instruct me. Mono. Why? Two other price values are missing on each bar. Why? I am not going to delete this information on my charts simply because it would deprive me of available information.
JH..if u don't mind..can u please go back to ur programming thread with this stuff..as u are really posting in the wrong place..all u will do here is interfere with what we are doing..which is of no interest to U..same as ur stuff is of no interest to us..so..everyone to their own note the politeness..and no bad language btw..i will ask NY to ask the mod to shift this thread to another section if necessary..just in case someone is thinking differently TO
of course TO watches tv..and listens to the radio also point is..have given up reading anything about trading..as found all it does is interfere with progress..which can be slow enuf starting out..and that is the last thing u want every time i sit down to trade..turn on the screens..and load the platforms..i am always thinking about ways to improve..and get better..but..based on what i know from my experiences..not from what is written by others all the posts about montaigne..and famous quotes..were not done for a laugh..as..it is areal as the day turns to night..problem is..most do not see it that way..they just see it as more "reading" stuff one day there will come an eureka moment..and from that day on..lots of things will change for u..and..if u have not had that day yet..then u should know by know what u need to do TO btw..i do watch cnbc at times..if i am having breakfast..or dinner..but never when at pc..only to see if the idiots are saying buy or sell..as usually it is time to do the opposite..or it is very near..do u get my drift TO
This forum has threads on "trade management" Some people use "risk management". Others use "money management" TFF is probably a combo of the two... or it may be creating new degrees of freedom, technically, to display them as coded snippets. My trade management is to deal with making the obvious more obvious. The leader I will be using in this thread is to "always know that you know" There are several thoeries of history. I find that the symmetric theory of history works better in trading than most others. See Danto at Columbia University. the first simple division of data is to set up two classes of data: that which doesn't matter (more important) and that which matters. Taking the data that matters and fitting it into a trend's beginning, middle and end is the next winnowing required. Everyone in ET uses appropriate language. Moderators "detect" other unseemly usages and let you continue to post. This will not change, probably. Go back to your normal vocabulary.
NO JH..TO does not take lightly to hindrance..and if need be..a request to have u ousted like ocean5 will be made..and..if that fails then TO will stop posting..and go elsewhere..it is as simple as that no one should be allowed to interfere with what other people are doing..especially when some people are finding it beneficial this is what is wrong today..too many people think they can just but in and interfere with others peoples lives..well..u have come to the wrong thread this time..so..if u continue to post the request will be made to mod who posted here..and if that fails..TO will post no more..and no other member of TFF..as one thing that TFF does really well..is look after each other i am being patient..and polite..but i can also flip at any moment TO
I use a 32 inch screen that is 60cm from my eyes. The market tells me when to turn it on and when to turn it off. I only track "big fish" by front running them. If they are "eacting" then I need to know when the profit segment I am in is going to slow down again. I sweep around to find a clue. If none I mute fairly soon and wait for a leader to appear in text on the screen. Usually a tape(s) is running. In the 50's when I started the tape was fun to watch. So were the "chalking girls". I have declined to appear on CNBC in Englewood.