Thank you Blowfish.
I have recently started with Tradestation 2000i . Still confused about what indicators to use,what guidelines to follow.
Your suggestion of pivots is good and I begin to explore that.
As related to formulae, I found two things really interesting to me which I like to share with experienced people over here. I like to swing trade.
1. Jim berg formula
ref link
http://www.traders.com/Documentation/FEEDbk_docs/ Archive/022005/TradersTips/TradersTips.html
2.support-resistance formula
Support and resistance levels using RSI.
BY Graham Kavanagh May 2003 Ref Amibroker library
I dont have this written in easy language yet, trying still.
The concept is as I see
Go for the easiest AND simple formula there in, Wait for the mkt to come to support levels AND Buy, wait for the mkt to reach resistance level AND Sell
take your bucks.
The point I keep wondering is- do I chase the market? or do I wait till market comes to my choice levels of support and resistance?
I am a newbie and looking forward to seeing useful,dependable indicators and formule that can be applied in tradestation. My friends tell me go for JMA ,ASC trend etc.
Please advise ways to shorten learning curve in TS application-
advance thanks for your time
rvlv