ptcman

Great messages were written in here. I'm not a full time trading, but I'm preparing to be by the end of this year. For the last 10 years I've been a swing trader, with a very volatile (i.e.. irregular) track record. Depending of my job schedule, I can follow the market on a regular basis or just spent a couple of weeks without looking at it. Since my boss decided do close the company and retire, I decided that the time to become a full time trader arrived, and switch to daytrade, something that when possible, I've been doing, with relative success, since I need to do some modifications on my trading system. But, the 1 million dollar question is this, Am I able to survive this new endeavour in my life (financially speaking, of course)? I'm giving myself one year to become self sufficient in the markets. I believe this is the sufficient time for a person to know if he (or she) was built for this craft. Regarding the inherent seclusion that this job forces to, I'm a loner by nature, so I don't think I'm going to be affected by it, although I feel that from time to time, I need some human contact

Hi. Recently someone called my attention regarding my IB account and the fact that is in euros when I trade almost exclusively USD based products (ES, CL, GC, US stocks) They asked me why wouldn't I convert my account into USD, since it made more sense instead of being constantly paying commissions for the currency conversion. I'd like to know your thoughts regarding this issue. I'm a bit confused with this regards

Thanks for your help

This is excelent. I contacted indexarb to see if it's possible for them to also publish the component weight by industry. This would be perfect. Thank you. Regards

Hi alindsley. Thanks for the link, but it don't provide the information that I'm looking for. I need the actual Standard and Poors stocks qualification devided by their industries and by their weight in each industry. regards

Hi. I'd like to know where can I find the S&P500 sector stocks heavy weights? Actually, I'd like to have the complete list of all stocks belonging to the sectors and to the corresponding industries with the % weight of that industry. I've been searching in the S&P web site but I just can't find any type of information. The only thing they have is the GICS list but without the stocks listing, and also the % weight of all 10 sectors within the S&P500 and the top 10 stock in the S&P500 index Any help? Regards

Hi. One of those questions that have always driven me crazy... does forex markets have an overnight session like ES mini futures? Can we consider the existence of an overnight session? For example, the EURUSD. Can we consider the time between the stock market close in the US and open in Europe, the EURUSD overnight session? Thank you. Regards.

Hi. Thank you all for your comments. OK, the above formula generates 1 buy order, the first time the condition is true. Now my question is, why only 1 order is created when this condition is true for dozens of time? I'm applying it in a 10 day historical 5 minutes chart. I've been trying to add a sell order, to close the long position, but I can't find any reserved word that specified if there's an open position then if the sell condition (low < low of the entry bar) is met then close position. I thought that writing an indicator was difficult Creating a strategy is starting to get much more difficult Thank you

Hello all. I've just bought Multicharts and I'm eager to start developing my own ideas for indicators and strategies based on those same indicators. But I've a big problem, I'm not that good in programming I'm able to understand most formulas but then, rearrange them or even rewrite them is a complete different world. I've been trying to write my first strategy, but thinks haven't gone as aspected. I thought I should begin with a simple buy order, but nothing happens. Can anyone help understanding what is happening and why? I'd appreciate all the help. Thank you { *User Input*} input : length (5); { *Variables*} variables: dRng (0), Mid (0), Hi (0), Lo (0), Cl (0), Vl (0); Hi = High; Lo = Low; Cl = Close; dRng = Hi - Lo; Mid = (Hi + Lo) * .5; Vl = Volume; { *Buy order* } if (Cl > Cl [1]) and (dRng > Average(dRng,length)) then begin if Vl > Average(Vl,length) then Buy ("break") next bar open; end;