eros

Thanks @MightyMouse, It does not look good for the infamous always-winning strategy then. Does it? Perhaps there is nothing such a thing... What Carltonp has done is exactly what I should do, in fact. At least my mom thinks so. I got stucked with all this algorithm stuff and set apart my social, personal and professional life for over the past 1.5 years. And yet not so much success in stock markets. I feel like I am on the wrong course. In this respect, well done Carltonp!

Carltonp, Where are you at the moment, I mean your progress on the matter, that is developing an Excel function using Tape Reading technique? I don't see my posts listed here, but it might be a matter of time... I will be checking for any response...

Hi guys, I find this topic quite interesting and I should say I am one of the programmers who use Excel to automate trading decisions. My excel macro simply tries to do things described here, and from this thread I got an idea as to what an always-winning (or mostly-winning) algrorithm should be. Is this thread dead already before sharing my observations and experince with you guys? I also wonder what developments have happended over the past 10 months. I will update my excel function to create a signal after 20 seconds of recording HOD and LOD and crossing any one of them with enough volume increase within the next 10 seconds and will share the results shortly. This is what I come up with after all reading the discussion here. Does it sound a good algorithm for you professional traders?