Drummond Geometry

[Szymon 10]

Hi All,

 

I have started this thread to discuss more about Drummond Geometry trading style.

 

I have been using this method for the last year and I must say it is very logical way of trading.

 

I will post some articles by Ted Hearne to start of.

 

It would be good to get more P&L traders to join this thread.

 

Regards

 

Simon

energy.pdf

chartpoint1.pdf

chartpoint2.pdf

chartpoint3.pdf

[brownsfan019 17]

Simon - I hope the thread can get off the ground for you as I've often heard about Drummon, but never got into it myself. A good trader friend of mine attempted to learn it, but he felt is was not working for him. My understanding is that it takes quite a while to learn, so I'm sure that turns some people off.

[Szymon 10]

Hi Brownsfan,

 

I must admit it is hard to learn at first, I only started to grasp the main principles after I went over the 1-5 lessons the second time. The PLDot push and refresh principle is just great especially when you use it using multiple time frames just gold.

 

The PL dot is nothing more than a 3 day moving average of High,Low and Close moved forward in time by one bar.

 

Simon

[Szymon 10]

Hi All,

 

Here is a 1999 article by Ted Hearne from futures mag on how you can trade exhausts using Drummond Geometry.

 

Simon

trading_exhausts.pdf

[BlowFish 10]

I will do my best to chip in here. I don't trade P&L per se however any instrument that I do trade I have a P&L workspace set up for it.

 

One of the issues with P&L is the NDA. Whilst I am pretty sure it's un enforceable I do respect the sentiment behind it. Having said that, certain things clearly fall outside as they are in the public domain anyway (11's are floor pivots for example). Other things I feel it's OK to speak about in a broad context.

 

I have made a few posts here in the past about Drummond if you are interested.

 

Cheers.

[Forex-trade 10]

Hi all,

 

I am a newby to this forum (nice site by the way !) but I am an experienced trader,and have used Drummond's work for quite a while. I find it logical and usually very reliable. I have signed their non-disclosure and respect it but I think I can probably answer a lot of questions without revealing things that they want me to hold close to the chest. Let me know if I can help.

[traderxman 10]

A good geometric lean and lesson one is all that is needed to make money. KISS

[BlowFish 10]

A good geometric lean and lesson one is all that is needed to make money. KISS

 

Indeed! Having said that there is such a huge amount of information it is easy to get confused! When you buy the course you are essentially getting Drummonds lifes work.

 

One of the most valuable things (imho) is the treatment of multiple timeframes (particularly in respect to types of trading).

 

It is a comprehensive piece of work that rewards study (in my case it took many thousands of hours to really 'get' it). But as you rightly say you can take one idea or concept and trade it successfully. Recognising this requires some maturity as a trader however. I like some of the basic geometry too, 11's & 5x's are very traceable, especially if they line up right with the envelope and pldot.

[Szymon 10]

Hi All,

 

Does anyone use any other software than Tradestation for Drummond Geometry?

 

Im using multicharts at the moment but do not like how the higher time frame pldots and envelopes are drawn on the lower time frame windows.

 

I have attached a screen image of my chart.

 

Simon

Edited April 15, 2009 by Szymon

[BlowFish 10]

I am using MC too. In the past I wrote the indicators for Ensign (too slow) and NeoTicker. Funnily enough I was thinking about doing a Ninjatrader version but it dosen't handle bars bigger than intraday particularly well (imo).

 

What don't you like about HTP dots envelopes?

[Szymon 10]

Hi Blowfish,

 

Well the problem is that it does not show in stairstep format, just like the Tradestation.

 

I have attached a sample what I am looking at, I have enquired with TS they game some dll link file to connect and do it another way, but it is way to complicated, maybe someone knows how to use global variables in Multicharts.

 

Simon

[BlowFish 10]

Looks like you are plotting the 'live' versions of the indicators rather than the '1 back' versions?

[BlowFish 10]

Heres an image...though I don't tend to use intraday on intraday.

[Szymon 10]

Thanks Blowfish,

 

Excellent Chart just brilliant!

 

So tell me Blowfish how can I correct those HTF to look normal on the LTF.

 

Your help will be much appreciated.

 

Simon

[BlowFish 10]

Basically you need an indicator that is working on the group of bars x bars back. I am unfamiliar with the newer Drummond indicators but back in the day they used to be called things like 'DGII Pldot' or some such for Intraday on Intraday. It looks like you are plotting the 'DGLII Pldot' which is the live (or developing) version.

[Szymon 10]

Thanks Blowfish,

 

I will see what I can do, I will play around with the formulas, I think i know where the issue is.

 

Simon

[Szymon 10]

Basically you need an indicator that is working on the group of bars x bars back. I am unfamiliar with the newer Drummond indicators but back in the day they used to be called things like 'DGII Pldot' or some such for Intraday on Intraday. It looks like you are plotting the 'DGLII Pldot' which is the live (or developing) version.

 

Hi Blowfish,

 

OK I have played and played, this is the best I can come up with. It looks good to me.

 

There are four time frames on this one, the dark red(brown) is the daily with the live dot as the white line.

 

Next I am going to put in the RU and Su zones from the 1 hourly and daily followed by the 6s and 5s points.

 

Simon

[Szymon 10]

OK Next Question to all Drummond Geometry traders.

 

I am trying to program in Multicharts the Hi and Low 11 Zones.

 

Can someone post a chart of yesterdays CME EUR currency 10Min with the High and Low 1-1 zones on it.

 

Need to check if my formula is correct.

 

Simon

[BlowFish 10]

Will JPY do?

...............

[Szymon 10]

Will JPY do?

...............

 

Hi Blowfish,

 

Thanks for the chart.

 

Simon

[Szymon 10]

Hi Blowfish,

 

Thanks for your help.

 

I have setup my charts with most of the Drummond information, I am sure the coding can be improved but for now, it looks very good to me.

 

To all those people who are reading this thread - there is a lot of information on this chart and probably confusing, but if you studied Drummond Geometry it will all make sense.

 

Good Trading to all.

 

Simon

[traderxman 10]

Markets are prime re. drummond...for a big fall from ES June 865...alot of geometry

[JPx2 10]

What charting package do you use?

[traderxman 10]

Have to use TS...I have heard about MC, NT etc etc...have most of them.

 

But TS is a programmers concern, the original DG indicators for intra-day never were accurate, trust me here on this one.

[sevensa 10]

Have to use TS...I have heard about MC, NT etc etc...have most of them.

 

But TS is a programmers concern, the original DG indicators for intra-day never were accurate, trust me here on this one.

 

With all due respect, why should we trust you? What kind of studies/evidence do you have?