Minetoo

I concur, the only thing daily I use is pivots. The greatest difficulty one must overcome is to trade what you see not what you think or believe.

Is there such a thing as too much money?

So Jake, you just trade the cash and watch the futures' charts for a heads up?

Has this happened to anyone? You get into a position and then based on the activity on the Time and Sales tape get shaken out? Afterward, you look at your charts and ask yourself, ‘Why in the world did I get out?’ In the futures markets, is it possible for the big players to “paint the tape†with small lot orders and fast contrary movement to shake out the weak hands? Could it be that the tape attracts an inordinate amount our attention because it is the only thing really moving? Kinda like an infant fascinated by shiny, jangling set of keys? Finally, does anyone here successfully trade futures without the tape?

Excellent..

My fault. Your blog (http://therumpledone.blogspot.com/2007/06/trade-markets-indicators-for.html) seemed to imply that you could get your equivalent indicators elsewhere.

Sorry TRO, I deleted the entire motherlode which I downloaded last month. I am just looking for a straight-forward modification to something like Soultrader's pivots (found in the indicator section here) that labels each level so as to instantly orient the trader. Cheers! BTW, I searched in vain for your TTM Auto Pivots.

Walter: the great thing about you, besides your generosity, is that you don't take yourself too seriously. That is a rare commodity indeed.

Here's some good cya strategies: http://www.tradethemarkets.com/public/1121.cfm http://www.tradethemarkets.com/public/1116.cfm

Heikin Ashii indicator already posted here: http://www.traderslaboratory.com/forums/f46/heikin-ashi-trend-indicator-951.html

ECBOT crashed and burned. Financials were down too until servers were restored.

If you wish to make it visually simpler you can format the indicator inputs and make the upColour and downColour the same and then plot two Hulls of whatever period you wish.

cooter: I believe we are circling the block regarding a promising trade strategy. Check out this thread: http://www.traderslaboratory.com/forums/f34/smoothing-out-price-2098.html Heikin Ashii and Hull could conceivably create a viable combined indicator that de-noises and has little lag. Unfortunately, it is beyond my programming abilities.

Bird: Check the image in my third post for a comparison with Jurik. I noticed no where on Mr. Jurik's site does he compare his stuff to Hull's, plus he hasn't updated it in years. Frankly, I don't care if an indicator is free or pay as long as it isn't snake oil.

PP, what charts are you referring to? I downloaded and ran his free volume indicator for Tradestation and it performs as advertised. It even has his voice for audio alerts.

If you guys want this Hull MACD with alerts throw this code into it: { Alert criteria } if value1 crosses over value2 then Alert( "Bullish alert" ) else if value1 crosses under value2 then Alert( "Bearish alert" ) ; Hope it helps.

Scalperific!

Capturing tops and bottoms is a very expensive hobby. If I posted my workspaces here it would look like a dog's breakfast to you but makes perfect sense to me. In sum, I like tick charts - 89, 144 for YM and 233 for ES. An 8 period Hull and a 21 period Hull provide good indications of market direction. I like TTM or Heikin Ashii on my charts too. I always want to err on the side of the trend when I trade. If you like, you can throw the following code into the jtHMA to provide audio alerts for directional change: { Alerts } if (Value1 > Value1[1]) and Value1[1] < Value1[2] then //Change in Direction to Up Alert(Symbol + " jtHMA UpTurn") else if (Value1 < Value1[1]) and Value1[1] > Value1[2] then //Change in Direction to Down Alert(Symbol + " jtHMA DownTurn"); Hope this helps.

Unless you are in your 90's, no one on these boards has ever traded without this rule in place. Consequently, how could we possibly conclude its impact with such a microscopically small sample period? Do not confuse a contributing factor with a cause.

James: can you post the volume delta and Heikin Ashii elds here too - sort of one stop shopping? Cheers.

Unfortunately the investor class would strongly disagree with your take since they have the silly goal of price appreciation in mind. Perhaps the SEC should legalize naked short selling too?

Thanks for stating the obvious. The futures markets and the equities markets do not function independently of each other. Consequently, when a fundamental change occurs in one, it impacts the other.

The increase in volatility and consequent bump in margin requirements is not just caused by the recent sub-prime fallout but also the largely overlooked abolition of the up-tick rule. No one is paying attention to this or studying its profound impact, yet.

I think the abolition of the 60+ year old uptick rule will have a fundamental effect on market mechanics. Internals like tick, trin, put-call will have to be recalibrated to allow for this profound change. It is truly surprising that this very important change has received so little attention. I can recall in my Prop Shop days the compliance officer hovering over my desk insisting I sign an Uptick rule liability waiver or I would be suspended from trading. Think about it for a moment - no longer does there have to be price improvement before shorting. In other words, hedgies, brokers, banks, props and other big players can hammer the hell out of the bid with impunity. As we all know, as the cash index falls, large program trades are triggered to exploit this arbitrage opportunity and bring the premium back in line. Watch the tape velocity to the downside as this happens - it is remarkable. All the noise about the sub-prime implosion is just exacerbated by the removal of this market protection. Perhaps, the "bear raids" of the 1920s-1930s are coming back!!

Nice, but I can't get the alert to work tho' Cheers.