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sevensa
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Everything posted by sevensa
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Here is the code based on your formula. Copy and paste into EL and verify. Input: Price(Close), Period(13), UpColor(Green), DownColor(Red); Vars: K(0), x(0), EMA(0); K = 2/(Period + 1); x = (Period - 1)/2; if CurrentBar = 1 then EMA = Price else EMA = K * ( 2 * price - price[x]) + (1 - K) * EMA[1]; If EMA > EMA[1] then SetPlotColor(1,UpColor); If EMA < EMA[1] then SetPlotColor(1,Downcolor); Plot1(EMA, "ZLEMA"); Attached are two screenprints. In the first one the ZLEMA is in Red and Green. In the other one both the 13 period ZLEMA and Hull Averages are displayed. ZLEMA in Magenta and Hull in Yellow. From this comparison it appears that the ZLEMA overshoots more than Hull.
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I am also interested in OEC and frankly, your answers are contradictory and not very helpful. Initially you have said that Live accounts do not have the same issues as the Demo account, but now you said you have problems too with your live account after Don posted his screen prints. Appreciate you trying to answer though, but hopefully other people like Don who is really using OEC will share their experiences.
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Unfortunately, you have missed the point as you so many times do because you are just looking for an excuse to post some kind of video. You have post this video link so many times now, this is getting really boring and I don't really get the point you are trying to make with it. So, they make a lot of money by selling something to people who think they needs it. Good for them. This is call capitalism. Are you against it, or what is your point? I am sure you have a color TV? Do you really need one? Or one at all for that matter? So you made someone else rich by buying something you don't need, but want, but have a problem with a business who sell something to other people they want, but is not something you want? Sounds a little hypocritical, doesn't it? Sounds a lot like my friend who always gets on my case for spending $3 for coffee at Starbucks, but have no problem spending twice that much for popcorn at a movie. I have never purchased an indicator and most likely never will. But if I truly believe that something, indicator, book, video, or otherwise, will improve my trading, I surely will not scoff at paying $200 for it. Apparently you do. Good for you for learning everything by yourself without spending any money on anything to help you in the process.
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Wide Range Bodies or 'big' candles
sevensa replied to brownsfan019's topic in Volume Spread Analysis
I am not Jerry, but here is my opinion... The fact that the contract has expired is irrelevant. What is relevant is the volume and price levels. If you buy at 100 and roll over at 120, what price is more important for you? 100 where you have entered, or 120 where you have rolled over? -
Request : Refresh Chart Automaticly Every 5 Seconds or 10 Seconds (code)
sevensa replied to wwf's topic in Coding Forum
Without you providing more information about what exactly this is you need, the short answer is that there is no option in Easylanguage to do this. If you mean you want the indicator to only update every 5 or 10 seconds, apply it to a 5 or 10 seconds chart and set deselect update on every tick, so that it will only update at the end of the bar. There is no way, besides maybe writing some kind of DLL to only update it every few seconds when applied to another time frame. But, I am just guessing here on what this is you need. Not sure why you are so reluctant to provide more information if you want someone to help you. -
Request : Refresh Chart Automaticly Every 5 Seconds or 10 Seconds (code)
sevensa replied to wwf's topic in Coding Forum
What chart, which platform? Do you really think you have provided enough information for someone to help you? -
I am not saying this is a good or bad indicator, or that indicators in general are good or bad. But if something will add value to your trading and help you to be more profitable, is $200 really that much? This is 4 ES points. Why would you not spend $200 for something which potentially can result in perpetual increased profits?
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I know this is not a literacy site and I am sure your posts are very insighful, but without capitalization and punctuation, they are barely legible and hard to read for me. Would you mind to try and form regular sentences in your posts? Without that, I am afraid that much of your wisdom is getting lost between the lines...
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When you are at a point that your orders are so large that you are moving the market, you probably will have the capability to trade pretty much any market you want. Concentrade on becoming consistently profitable and the rest will take care of itself.
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How would you know what days they are going to be helpful?
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Another way of looking at the retracements is with Fibonacci ratios. Many consider it a trend reversal once it go past 62% where 38% and 50% is considered retracements. I don't really use it, but you might find it useful and saving you some time.
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You ALWAYS should confirm with the source. If you get audited by the IRS and they find a mistake, will your excuse be that some guy on an online forum told you that it this is the way it works? Exactly. But if you are not profitable, you don't pay taxes. So what is your goal? To be profitable or to pay minimum taxes? Seems like you are more concerned about paying taxes. If this is the case, don't trade and get a low paying job somewhere; that will keep your taxes very low. If you want to be profitable, find a method and instrument(s) you are comfortable with and you might have a chance. If you have the option to train to become a successful Formula 1 driver or a successful Nascar driver, will you pursue the one with lower taxes or the one you will enjoy more?
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You pay short term capital gain tax on that. There is a wealth of information on the IRS's website available. Assuming you are from the USA. Does it really matter though? You should not pick a market(s) based on how they get taxed. You should pick a market and style based on what you are comfortable with and then be thankful if you have to pay taxes, because this will mean you are profitable. Concentrate on being profitable first before you worry about all these other things. With the high blowout percentage of traders, that sad truth is that you might never be in a position to worry about taxes.
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Under Toolbox > Economic Calander > Stale Data?
sevensa replied to daedalus's topic in Announcements and Support
How about: http://www.forexfactory.com/calendar.php Or http://fidweek.econoday.com The 2nd is mainly for the US markets though. -
This page say York Business Associates: http://www.agnfutures.com/html/about.htm
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To be brutally honest, if you are asking questions like this, this means you have no system, no plan and no backtesting and you should not even think about trading until you do. If you do, you would have a pretty good idea what account size you need for your type of trading and goals.
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They are not a broker; they are a charting platform. No monthly fee if you have the lifetime license. Depends on which data vendor you use. Since they are a charting platform, they do not provide data. They can plot both time, tick and volume based charts. They are not a broker. This might be easier to visit their website and read for yourself. All your questions and more are answered there. http://www.tssupport.com/multicharts/
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I have not used it and don't know flexible this is, but you can do some real time scans with Trade Ideas (http://www.trade-ideas.com/). Also in Amibroker, you can run a scan on your selected group of stocks every minute. Actually you can set it how often you want to run it, but a minute is the lowest you can go. The advantage is that you can pretty much create any scan you can dream of in Amibroker. The disadvantage is that Amibroker does not have the most user friendly language to program in.
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But MC is just a charting platform. What advantage will this give you over TS if you still like the charting, but not TS brokerage? If you switch to MC, you will still need a broker and you don't get a better charting platform. I have been using MC for the last 3+ years and has pretty much given up on them. Don't be fooled by all the features listed on their website. Many of them are very buggy. They implement features just for the sake of listing it on their website, but don't necessarily care to fix the bugs. They used to be very good in the beginning, but lately it seems they implement a feature, list it on their website and move on to the next feature without caring to fix the bugs first before implementing a new one. When pointing out the bugs, they just provide the vague response that it will be fixed/implemented in one of the future versions. Some issues have not been fixed yet for literally years. I suspect this is because they started off on the wrong path and to fix something will require massive rework, so they just ignore it. The software is also very unstable. It crashes frequently and sometimes takes forever to start. It seems to be more stable if you have lots of memory and fast CPU, but forget about running it on the their minimum requirements. I can understand software being slow if you don't have lots of resources, but it is a sign of buggy software if it just crashes on less resources. I think a big problem is that none of the MC staff actually trades so they don't understand what is really important. For example, they don't have a Trade Manager. If you trade longer term, you have to keep track of trades manually, change your system to write the next day's orders to a file, or look in the log files per their "solution". They don't think a Trade Manager is important even though they said it will be implemented in one of the future versions, which could be anything from 2 months to 3 years. All in all, I don't think MC is any better than any entry level charting program out there and certainly is no better than TS with that regard. The advantage is that it does integrate with IB and other brokers like OEC for a datafeed and this is why I got it in the beginning. Back then the lifetime lisence was around $200 and with the pretty much free IB feed, you couldn't beat it for price.
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Any Experience with the Tom Busby`s Trading Method?
sevensa replied to alban's topic in E-mini Futures
You are probably right. But we would never know if this was because he was a spammer or because his first post got shot down by a moderator without giving him the benefit of the doubt. Would you post again to a forum if your first post was met like that? I wouldn't. In the same thread the moderator, without providing any background about his own experience with the company which would make his agreement more convincing, agreed with a one line post without much substance by a poster with 3 posts. When someone makes a positive post it gets shot down however. I for one would like to see moderators to be more objective and take the neutral ground instead of chasing away first time posters, just because they don't agree with what they say. -
Any Experience with the Tom Busby`s Trading Method?
sevensa replied to alban's topic in E-mini Futures
I think this is comments like this which make new people reluctant to post. What would a convincing first post look like? -
Who is Doug Tucker?