waveslider

Anyone use neoticker? Its expensive, but has been around for years and seems to be outpacing the rest.

Does multicharts support any other broker besides IB? I hear their data feed is sub-par. Other than that it looks good. bh - agree, done defending TS

Thursday's order entry debacle sealed it for me. Tradestation used to be the standard for tech. analysis along with esignal, metastock. In the past years it has been passed up by better products. I am now looking for a new solution. Neoticker has always attracted me, and I think that using the MB account is what I will likely do. I know about ninja trader and it seems good also. Important to me is speed of execution/data quality. I don't need a lot of bells/whistles, but a decent programming language is helpful. I am looking for a broker to work with also, someone who would soft dollar the software (I do a lot of business), and provide competitive commissions. Also the broker has to handle securities, or the software should handle multiple brokers. Any help/suggestions are welcome, thanks in advance.

Its just a box on the order bar that says "show only" you can enter 666 if you like. What you are talking about is far more complex, probably possible, possibly useful. Just observing the relative motion (or looking at the changes in bid/ask levels by the "tick") would be valuable, but the actual size of buyers/sellers is inevitably hidden. Market profile will give you the most info in this respect, my opinion.

Depth of market isn't what you think... even with tradestation I can make a 50,000 share order look like 500 shares. Agree tape reading and smaller time frames (tick) are much more valuable.

Today it made about 7 pts./contract. I took the trade.

Probably, and also other numbers but if you apply the same numbers consistently - you will see instances where it worked... The thing I see happen ALL the time are matching moves. Incredibly accurate.

$1900 is not steep for ER2, IMHO. Gene- you said slippage is not an issue... does that mean you have limit orders? Curious because slippage is ALWAYS an issue, maybe in ways you don't suspect. #1 problem is the word "Limit" order. These often don't get filled for winners, and ALWAYS get filled for losers. So you have to go back and make sure you had at LEAST one tick in your direction. If you are using market orders, a fast market can give you terrible fills, but your system will trade it perfectly. ER2 is not always the most liquid market. So the best question here is, what is your average win/loss $ size per contract? Don't worry about the profit # for the system. If the system is good, you can scale it up as you go and trade 100 contracts, $1000/point. You are a long way from scaling up though.

I am happy with TS. Fast? You can buy or sell just pressing your "F" keys. If its a data issue, there's probably a way to push it in. The commission structure is hard to beat. I think it is equal or better than IB

Sorry mk, its not likely to work, it is a specific pattern for US markets. Blowfish, whatever, I know you - just pm me. OAC, you're right, markets always changing. Momentum seems to work again sometimes... maybe the turtles will return! Thanks to everyone who has responded. If you make a million, you owe me a bottle of wine - that's fair right? Or one bottle per million.

I posted this on a dead thread elsewhere and will repost it to see what interest it generates. ES on any time frame up to 30 min. Six years on the report performance No parameters. No optimizations. Lots of trades. Low drawdown. But I ask you - who will trade this? I mean actually trade it? Not too many. Why? It's pretty, no really boring - and requires no intellectual input. You are a monkey. Still it makes an important point. I'll trade you for one concept that has helped you in your trading. This is barter. But any honest trade will be accepted

Hello Folks here is your (almost) free strategy. No parameters. No optimizations. Lots of trades. Low drawdown. But I ask you - who will trade this? I mean actually trade it? Not too many. Why? It's pretty boring. I'll trade you for one concept that has helped you in your trading.

Momentum certainly dried up on the 26th as we said, but time said not to reverse until today. Worth noting is that price made an exact 50% move past the gap down on the 18th. I think that was the major reversal today. In any case we can expect either volatility to send price higher immediately, or volatility to die and we retest this low and possibly go lower. I'm not going to update this thread much more. While I do believe in this method, I am learning other methods which are more accurate.

I agree meditation is critical - so is being self observant. Maybe this is a form of meditation, being outside yourself as an observer. Quote on my board is: We don't see things as they are, we see them as we are - Anais Nin MC- if you are currently, have you tried avoiding caffeine? I don't drink coffee while trading anymore. I will have green tea or yerba mate, but that is much mellower. Tea drinking is sort of a meditation in itself, as it places you in the current moment. James, maybe you could do a poll about coffee drinking.

Well we got a retest of the bottom and a good capitulation move too. The time was too early to turn on the Andrew's line. Plus since this is a range, things are going to overshoot till they hit support/resist. The timing signal from the original chart still stands, and though things are looking ugly here, it looks like this move won't keep up much longer. If the market closes above yesterday's close then the cycle could be complete. Interesting to not this small doji bar in the circle on the chart. This is looking more like the center now. That would put a time low on Tuesday. That is looking more likely, as this yesterday's move was more than expected.

Price is within cents of the Andrews target and short term measured move in SPY, indecision candle with increasing volatility today. I am going to go out on a limb here and call this a short term bottom, but another test of today's low is likely probably later this week. This move since may was not a pull-back in a trend. This is a market that is ranging and trying to establish a bottom. Why is it no longer a trend? Price has pulled back too far. It failed at the 50% level of the previous downtrend (since January). Volume has entered into the picture since the beginning of the month, the highest on the "shock" wave down on the 6th. These are the highest volume levels since March. Momentum and breadth are showing clear bullish divergences here today. Check out the a/d line, trin.. also the relative strength chart of the Russell vs. SPX is amazing. Midcaps kicking @#$ Check out this chart of the OEX and the INVERTED VXO index (Same as VIX)

should get a good washout day tomorrow. There is a technical low predicted for tomorrow. Looks like that gap up above is the destination for the first bounce.

to detect a swing high / low you need to establish how much time/price confirmation you would like. There is a zig zag function you can use for price confirmation. The pivot function is a time confirmation. Easylanguage does what the user requests, these functions are simplifications and examples of precise instructions to define pivots/swings.

It is very important with timing to try and identify where the center of the previous trend was, and where the center of the current trend is developing. What you are looking for is not just price, but volatility cycles. I mentioned in my previous posts that the 19th would be an important cycle day. From a volatility standpoint it was, marking a narrow range day that friday expanded out from. This chart attempts to identify the midpoint in the current downward trend. I placed an a-b-c formation as I see it, and a matching move would take price to the target on the Andrews line. This is price, pattern, and time in action. If the center is as I identified it, we should see a turn on the 26th right about 129.6 in the SPY.

I wish it were! So far its just what I do best. I was trying to get him to talk on the conspiracy theory.. guess it's not that easy.

The guy asked for a stock selection book. Any ideas? Illuminati (if that is your REAL name) , unfortunately the majority of authors in this industry cannot trade, so they sell books. those who can't, teach. I'm sure you run up against that in school plenty of times. If there was one book that you could cram in a week, then win an investment competition in three months, I'm sure we would all like to know which one it is. Bottom line here - you need to get lucky. I don't know how you are graded on this, but if it is only on performance... I would find some cheap stocks that are in motion, buy ten or fifteen, after a month sell the losers and dump all of the money into your winners. Ride the next 2 months. This kind of fits in with Blowfish's sound advice. (Or put it all in google.)

Here's an internal you may not have seen. Shows the average RSI for all S&P stocks vs. S&P index. Notice divergence today... http://www.indexindicators.com/charts/sp500-vs-sp500-stocks-avg-5d-rsi-params-3m-x-x/

Ok I am posting a chart that I posted last week, untouched from that time... except I added andrews lines based on a potential reversal tomorrow. Notice the light blue lines are equally spaced and have pointed out many major reversals (some off the chart). This is a 22 day cycle, 2 times the 11 day cycle I have mentioned earlier. This is roughly a monthly cycle, in fact the may high happened exactly a month ago tomorrow. The andrews line begins with the least aggressive target. Here we go... (ES chart)

What exactly is your question northernboy? Go trade your ultimate 15-20% a month strategy with NO drawdown at the prop firm. Why would you tell them about it? IF you are successful, they give you more money. Sorry, I am skeptical about your strategy. No one can be that confident until they trade a method day in and day out.

Start trading it small, you need experience trading it. Let your profitability attract the money to trade it. Charge fees till you can give everyone back their money and trade it for yourself. "I don't want the business to jack me and kick me out or something." ??? Your question sounds a little naive, sorry.