HAL9000

Hi MidKnight, my problem is, that I can trade nearly any bar on any of my charts in hindsight and in real. Too many signals, some telling a different story, but, if I just would do, what my charts are telling me ... :rofl: Anyway, its about discipline and precision, well and experience too. IMO. Correct? Hal

Hi Thales, I have simulated a lot during the last weeks, and I don't know, if I am confident within myself now, or not, I guess I am now, but ... Anyway, well I started to look at forex now (larger commission with smallest lots than using futures, but more freedom to move with a small account (IB (ECN like)). I went live again Friday, but just as a starter, I hope Monday will be day 1. My question is, how do you scale in (2$ up to 10$)? But I guess, you like to ask me, how I would do it!? So maybe, I can try to explain this in theory soon, and maybe in real later! But if you like like to explain this first? Regards, Hal

vars: CCiValue(0),DownCT(0),UpC T(0),SDev(0),ATR(0),LHMul t(0),Denom(0),BBS_Ind(0); BTW, if these are your lines 12 and 13? The you should delete the blank (col 26 or so) between UpC and T(0). So that the result is UpCT(0) ! If I am right, it was just guessing. :rofl: Regards, Hal P.S.: Usually, without a detailed description of a problem (including code), helping is nearly impossible. And trying to help, just costs a lot of time. :helloooo:

Hi, you should really post your code in a code window here. It looks like there is a syntax error in it. So without seeing your code, it ends up in guessing and wasting time.

Once more just sim (6A). Yesterday I used the NQ successfully. Today the 6A. But its scalping, trend trading, maybe I will figure it out within the upcoming years. Well on sim I have usually losers too, 100 $ or 200 $ each, but well on sim, at least finally I survive a day now. Well, maybe my time is there. But this was sim scalping with 1 or 2 contracts.

By accident :rofl:, I have posted my sim results there: http://www.traderslaboratory.com/forums/208/reading-charts-real-time-6151-18.html#post76194 Sorry, Hal

LOL, two beers: wrong thread. Excuse me please. Regards, Hal P.S.: 6B is still falling as I write this.

FOMC after two beers on sim. This might have nothing to do with reality, but while I traded up too three contracts, at the beginning I traded on hope or on impuls, then I've watched my charts. Well, its just sim, and my timing chart is attached. Hal

Well, first ... seems to be ... :helloooo: Anyway, Hal

Hi Tams, mine is without changing colors, but with bands ... :missy: Hal

Hi Brown, every once in while, I have also problems with my router (its not a Netgear), from time to time (maybe every two months?!) it hangs (BTW. mine is older than 3 years). While for me its difficult to say, why your router hangs, in my case, I restart it now once every month. I have updated my routers FIRMWARE in the meantime, maybe you should consider this for your router too. Well, but two weeks ago I was in trouble, because even a restart of my router didn't worked out. After talking with my internet provider, who made it clear to me, that the problem was on my side, I found the problem: While my router thought, it was connected to the WAN via ppp0, in fact it wasn't (I saw it within the routers logfile). After connecting the router manually instead of auto after a restart, its was internally within the right state again. Since then, after setting it to auto mode again, it runs smooth again. So in my case the problem is hidden within the communication protocols used by my LAN router and my WAN router. Maybe I have to check for newer FIRMWARE again. Anyway, I just told you that, because these things can be rather strange, and a new router just might cause new (other) trouble. Best thing for you might be, if you know/find someone, who will do this for you at your home. (IMO) Regards, Hal

I have scalped the 6B once more today on sim. Its was quiet boring during the doldrums, while currently its looks like something is cooking. I have attached my setup chart too (not my smaller range timing chart).

Hi Thales, I think you meant 1.45.. and 1.44.. instead of ... Well, living within the EUR zone, and still owning some US $, I just hope, that you are right on the short. But I will hold my US $ position, for margin reasons, as it was planned. From my view, hopefully we will not see 1.60's again. Regards, Hal

Coincidence on 6B today:

To Thales, Gabe and others, Thales its no problem at all, this thread is open for nearly everything. And its often much better to discuss a question where it appears and not on a new thread which is placed here or there. BTW. I also like the futures because its a regulated market. But sometimes I think, that these Forex accounts might be good for beginners with a very small $ amount, who would like to trade larger intraday stops. While I try to maintain very small stops with futures (max. 20 ticks on the 6B), I think at the same time, that it would be easier to just maintain a larger pivot based one. Or in other words, I have the strong feeling, that I am fooling myself with that. Anyway, I think, I have found my way now with these small stops, but I still have to prove it to myself in real. Regards, Hal

Hi Thales, maybe my only problem is, that I see and make things too complex. But to answer your questions: 1) The stops are buy or sells stops, this is one reason, why they will be executed as market orders. To make it complex: Whenever I try to enter a trade, its a kind of bracket. This means, - I am willing to enter at (limit), - I am willing to exit at (limit), - I have to accept the loss at (buy/sell stop market) ... (BTW. There are much more complex solutions available here (and above), its just depending ...). When I transmit an order, this bracket is the order (OCO, I think!), but two other things, the target currently is set far out, and I am able to say, I take a smaller one (even if 2 ticks on limit), and the same is true for stops (while not hit), I can adjust the trigger, to my fortune or my bad, we all now the rules. The important thing is for me, that the stop order is placed on my broker or exchange and not on my local PC. This is not fool proof, because I saw ECBOT going down more than once before they have joined CME. So brackets are a security thing for me. 2) FX prices, I have tried to watch them in parallel, but while it might help arbitrage traders, or traders that micro scalp, it hurts me. So I just look at, what I trade, and I just trade a contract of something. To make it easy again, I don't watch FX prices when I trade futures. To Gabe: I also have an opinion about FX vs. futures, but I think, I will go in line with Thales on this, so I will wait for him, as you have asked him. Regards, Hal

Hi Jonbig, while I don't know about your Ninja problem (BTW, is it sim or real?), and don't know about your charts, I have just loaded the ones, I would load up for the ES currently, and taken the one that would have fitted to yours, based on the resolution. Its just for comparison, and FWIW. Regards, Hal

Hi Tams, I had one, but doing the reverse, is not so easy too, because this thing called stop. Anyway, the way to ruin (within simulation) for me was, counter trend. You see some bars with lower lows, And say to yourself, now it will go up. While you maintain a small stop, lets say 10 ticks (because this trade is risky), you further would like to see a high target, maybe 40 ticks or more. Well, what will happen is, that it might go in your favor for some time, but then it finally enters the trend again. Then, you might say to yourself, well this might become a double bottom (or top), well I allow myself a bigger stop, lets say 40 ticks. And then, you are already managing your loser, as you should have managed a winner. Regards, Hal P.S.: FWIW

Maybe you should not forget this one: Flip a coin, for long or short. On the open of the next bar you enter depending on the coin. If the next bar makes a close in your direction, stay in, otherwise go out. LL (short) or HH (long) on the next bar might be similar?! Its not my idea, but it might be a good benchmark in comparison with any strategy. Regards, Hal. P .S.: Well, and if its really your Thesis you ask for, just be careful, you know, a Thesis should contain something new, otherwise, ... :helloooo:

One more, if you look at the tape reader, it shows the following things. 5 second price (vwap), number of contracts, number of trades, or a 0 if nothing happened within the last 5 s. For fun, you might compare it with the market depth (DOM). (They are in sync on the picture.) They often pull their orders out, that's why I have this tape open. Regards, Hal P.S.: Maybe its like other things I use, just a learning tool, and finally not necessary at all.

Hi Thales, to make it short, the 6C, I just look at futures. Its just that my order platform and my broker uses AUD, JPY, GBP, CAD and EUR as symbols, but behind them are the futures 6C, etc... You can see this, if you look at the picture of my order platform, while below the tick chart, the currencies are named, on top of the tool, it says: Future: CAD_6C_canadian... BTW.: Entries and targets are using limited orders, stops are market, and within simulation mode, often some extra ticks are added for market orders. (I often see, that my stopped price wasn't hit in real, but for training reasons, this is good and OK.) Regards, Hal

Today I sim-traded the CAD/USD once more, I traded up to 3 contracts, and never was much down below 0. -200 $ max during the day, if I remember right. I did some experiments (Mr. Hyde mode), and these often fail (and some failed today too). Anyway, today gave me some more confidence. The screenshots show, what I've looked at today. I think I have to work on that too, but it wasn't that bad.

And finally, its still about money/trade management. My problem are mainly stops, but maybe I have already overcome this issue. Anyway, somehow its seems to me, that if you are not able to trade one line (lagging or not?!) more lines may be more difficult. Excuse me, and best wishes for your thread. This indicator itself, seems to be a good one. Regards, Hal

The bigger pictures: CAD/USD and GBP/USD until today with dark lines at the 1 hour session break. I am just watching, but ... Patience, Hal

Sorry Tams, I could not withstand, to post this. :rofl: Regards, Hal