R/R

this is where I got it some time ago: My eBook: Trading By Price - Traders Laboratory - Professional Traders Community

try this: http://www.hankpruden.com/nineclassic.pdf

check the Wyckoff Yahoo group - I recall much discussion of calculating these indicators several years ago. Have you taken the SMI course? These are fully explained there with their intended application. also SMI publishes these for various indices and Wyckoff Wave stocks daily in their subscriptions. (At least they used to). I personally would be very leery about anything titled "Wyckoff Secrets Revealed". where did you hear about this? good luck

JohnJohn - below are some excepts from A's later postings that give clues as to the evolution of the method. I'm sure these concepts sound familiar. 06-11-08 : My initial goal with the journal was to help out newcomers. I believe I provided some ground rules and basic methods to get you on the right track, now I'm retired from the journal as I have taken the teachings more seriously and into a closed community. I took a group of hard working journal followers and expanded the method to such degree that it's now tough to go back and catch where I left here, even tougher and near impossible to allow new members, as we are several phases above this journal now, private forums, etc. Think AHG2, AHG2.5, AHG3 and beyond, no joke. ... The principles remain the same, highs, lows, trendlines, no indicators but we have added volume, specifically the teachings of Wyckoff to improve our accuracy. ... If there's anything extra I can post to help I think it's the fact that you should think of uptrends as resistances becoming supports and downtrends as supports becoming resistances. This is pretty much the golden rule for trend determination as several factors throughout the trading day, including volatility and low volume can produce what might seem like a LL in an uptrend or a HH in a downtrend. In the end, it all comes down to support and resistance, supply and demand around key pivotal levels and how price afffects what once was support and what once was resistance. Hope it helps and remember, nothing replaces screen time, it is by far the greatest tool. -------- 06-12-08 : The volume application we are implementing is making sure the trend is healthy by combining the beauty of price action of volume based charts and the critical volume definition of 1 minute based charts. Strongly suggest to study the work of Wyckoff in detail. For instance... In an uptrend you want expanding volume on the upside, decreasing volume on the downside. In a downtrend, you want expanding volume on the downside, decreasing volume on the upside. On top of that, we have implemented this on reversal formations, looking for volume divergence. First leg high volume, second leg much lower volume (buyers or sellers done exhausted). Last but not least stop run hunting to further improve our entries or scale outs. Little more complicated than the above but worth studying on your own. ...

no picture or new text. I took it that he was giving you and DaKine a pat on the back.

MK: Sounds like Windows 7 will be best OS for most traders. What is your current charting software and data provider?

Another possibility I forgot to mention is Think or Swim, a popular broker provided package: https://www.thinkorswim.com/tos/displayPage.tos?webpage=clientApplication&displayFormat=hide If you check the system requirements Windows and Mac are supported and there is a footnote that says: "We also have clients who successfully run the software on Linux, Solaris and other Unix variants. Manual update of the software is currently required on these systems and we have no official support for configuring these operating systems." There are several mentions of issues of updating the software if you Google search, but it appeared that the users were not very experienced and issues were ultimately resolved. this looks like a good TOS installation how-to for Debian based distributions: How to Install ThinkorSwim in Linux- Tutorials Connect

MidKnight: I have been using Linux Mint with AmiBroker (under Wine) for charting and Interactive Brokers for ~ real time data (runs native in Linux). AmiBroker has a few minor quirks this way, so not quite as good as running in Windows, but I find it fully acceptable. I will probably try IQ feed with Wine in the future - I read somewhere that it worked fine. http://www.amibroker.org/3rdparty/Amibroker_on_Linux Perhaps Investor/RT runs in Linux?? I know it was originally designed for Mac. I intend to try Virtual Box, but don't see the benefit if the one or two programs I need work with Wine.

When in the chat room today, I saw what I thought was a tick divergence on the NQ move down to 1699 at around 10:25 EST. Others said they didn't see a TD at that point. DbPhoenix also mentioned there was no TD at this time in his post this evening on the "Trading in Foresight" thread. My 1 tick chart is posted below. Comparing the NQ swing lows marked in green and red to the corresponding points on the TickQ above sure looks like a divergence to me. Perhaps I am misinterpreting or there are data discrepancies... Comments appreciated.

hey Tiki: I have almost totally switched to Linux Mint7 x64 OS with a dual boot to Vista (but I can't even remember when I used the Vista last). Your posts are most timely for me because I was just thinking this morning about trying Virtual Box. regards, Rick

thanks DB, I saw your edit and link after I made my post.

I was referring to this little consolidation that ground down to a point while the closes oscillated around the center line. Volume tended to decrease over the eight bars but I can see how it didn't fit the principle. Thanks for the correction.

On today's NQ 5 minute, a nice little hinge developed at 11:35 EST that lead to an apparent shake-out.