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Thread: Just an idea - inside...a tape-reading

  1. #1

    Just an idea - inside...a tape-reading

    Hello everybody ...

    ... Exist, at least, two intriguing ideas that therefore are explained in more detail in the book and could be changed into in to in as numerous EA New Concepts in Technical Trading Systems by J. Welles Wilder Jnr (1978)

    The more more complicated the response trend program would need the constant use of a digital straddle (buy stop two spaced that are mutually occurred split each other) along with a trading system which works in a trading range

    The easiest the momentum notion is a scalping technique which I 've elaborate and hourly examined ( Dax index) in paper trading (excel) of.

    The strategy (a tape-studying design) elaborates (in excel) the large, the the lower along with the close of each session (hour) by organizing the entry, target Andre1 and stop loss at the finish of it

    The thought of the strategy is extremely fascinating because there are various combinations to select the greatest profit aspect

    Which one is the greatest mixture?

    Are there several with random outcomes, month after month ?

    Like a chess issue that unveils the innovative concept of the composer, the crucial, if it exists (?!), it might surprise you ...

  2. #2
    3 Attachment(s) ... and how opponents in chess are combating the sport ...

    ... so in trading, I picture a real possibility of opposing Escher ian logic where the protagonists (purchasers and vendors) will contend the outcome ...



  3. #3
    ... the issue is usually that ...


    ... Is it true that the market shift randomly ...

    ... or via a logic (whose essence can be algorithmized) ?

  4. #4
    The easiest the momentum notion is a scalping technique that I 've elaborate and hourly examined (Dax index) in paper trading (excel) of.

    The strategy (a tape-studying design) elaborates (in excel) the large, the the lower along with the close of each session (hour) by organizing the entry, target Andre1 and stop loss at the finish of it

  5. #5
    ... finally ...

    The (AN)40th column (X-atr2 )
    is extended stop or another stop = (1/1,003*entry)

    The (AO)41th column (2X-Reduced)
    is long TP

    The (AP)42th column (X atr2 )
    is short stop or still another stop = (1,003*entry)

    The (AQ)43th column (2X-Large)
    is short TP



    Inside the (BE) column, I input (date and hour)

    Inside the (BF BG BH) column, I input (High, Low, Close )

  6. #6
    1 Attachment(s) ... sea bream ... profit element (exhibit) ...

  7. #7
    1 Attachment(s) ... duck ... profit element (exhibit) ...

  8. #8
    I determine the Dax candles (h 1 : High, Low, Close ) from 8 to 21 22 ...

    ... following these principles ...


    Sea bream and duck guidelines:

    each hour

    #8230; enter @ 5 seconds to end-of hour (SL 0,003%, TP calcolated)

    when the possible win are at least 2 factors

  9. #9
    sea bream program (...would follow the trend ... in theory)

    entry, SL 0,003% with short TP or extended TP currently calcolated


    duck method (...would against the trend ... in theory)

    entry, SL 0,003% with inverted TP ( short TP when is a lengthy entry, lengthy TP when I 'm short) but the sam-e, currently calcolated

  10. #10
    1 Attachment(s) How do I know when to enter extended or short ?

    (see the duck method illustration)

    I see the close a-T 7:59:55 (about 12481,4)

    The near is better in relation to the number Xcolumn ...

    ... In case the a k column is between 0.1 and 0.7 , enter with lengthy (if the TP is better than 1 poin: the Andre1 ...)

    (Otherwise I'm waiting the next hour)

    I see the shut a T 8:59:55 (about 12456.1)

    The near is less than the amount ACcolumn ...

    ... In case the a k column is between 1 and 15 20 , enter with short (if the TP is better than 1 poin: the expense ...)

    (Otherwise I'm waiting the next hour)

    I see the near a T 9:59:55 (about 12446.1)

    The close is less than the amount ACcolumn ...

    ... In case the a k column is between 1 and 15 20 , enter with short (if the TP is better than 1 poin: the expense ...)

    (Otherwise I'm waiting the next hour)

    I see the shut a T 10:59:55 (about 12459,1)

    The near is better than the quantity Xcolumn ...

    ... In case the a k column is between 0.1 and 0.7 (0,2) , enter with lengthy (if the TP is better than 1 poin: the expense ...)

    enter@12459,1 (SL 12421,7 TP 12461,7)

    (I am waiting the next hour)

    I see the near a-T 11:59:55 (about 12460,8)

    The near is ... greater than the amount ... ACcolumn ...

    ... In case the a k column is between 0.1 and 0.7 (0,2) , enter with lengthy (if the TP is better than 1 poin: the expense ...)

    enter@12460,8 (SL 12423,4 TP 12467,4) ... while the prior TP was hit ...

  11. #11
    Just came acros this thread. This night will examine mo Re involved with it it. I see you trade the im and Dax curious to comprehend your trading systemsideas mo Re. Your charts you post on Carpe Diem are truly full therefore at first I didnt seem a-T them, mainly because I didnt comprehend all of the indicators you've there, but as the days slip by I see mo Re and mo-Re that your predictions are actually very acurate! Keep up the excellent function and please keep sharing that

  12. #12
    With exception of to day of-course... Hehe common when I-say some thing! Dax jumped and opend a T 12746. Anyhow believe its nonetheless excellent to comprehend methods I don t know about. I should say that comprehending Market Profile helpt me the most in comprehending the market up till now. But since since I have like fish-ing I ll do investigation in to your methods

  13. #13
    ... Description of the excel sheet ...

    The (A)1 st column (day and hour)

    The (B)2 nd column (m-f(-1)=cl1-cl0)
    is the MomentumFactor(-1) (the distinction between the near and the prior one)

    The (C)3rd column (m-f(-3)=cl3-cl0)
    is the MomentumFactor(-3) (the distinction between the near and the third near prior one)


    The (D)4st column (H3=High ( #7820; 3) )
    is the H(3)av (the common between 3 highs)

    The (E)5st column (H2=High ( #7820; 2) )
    is the H(2)av (the average between the large and the prior one)


    The (F)6th column (L3=Low ( #7820; 3) )
    is the L(2)av (the average between 3 lows)

    The (G)7-th column (L2=Low ( #7820; 2) )
    is the L(2)av (the common between the the reduced and the prior one)


    The 8th 9th 10th column (High, Low, Close )

    The 11th column (m-f(2)=cl2-cl0)
    is the MomentumFactor(2) (the distinction between the near and two prior one)

    The 12th column (TR)
    is the True Range (the biggest value between 11th, 12th, 13th column)

    The 13th column (ATR3)
    is the Average (3) True Range (the common between 3TRs)

    The (N)14 th column (ATR2)
    is the Average (2) True Range (the common between TR1 and TR0)


    The 15 th column (H1-L1)
    is the huge difference between the large and the the reduced Andre1 just-concluded

    The 16th column (H1-CL0)
    is the huge difference between the large just-concluded and the previous near

    The 17th column (L 1-CL0)
    is the huge difference between the the lower just-concluded and the prior shut

    The 18th column (H L CL)/3
    is the common between the the lower, the large and the near

    The 19th column ( #7820; 2 )
    is the common between the common(18th column) and the prior one

    The (T)20th column ( #7820; 3 )
    is the average between 3 averages (18th column)


    The (U)21th column ( lowr mf2)
    is the minimal between 3 prior data (2-th column)

    The (V)22th column ( lowr mf1)
    is the minimal between 2 prior information (2-th column)

    The (W)23th column ( Tbp mf1)
    is shut lowr mf1 (J column v)

    The (X)24th column ( Tbp mf2)
    is shut lowr mf2 (J column u)

    The (Y)25th column ( TbOrig )
    is close(-2) mf(-2 ) (J column k)
    The (Z)26th column ( highr mf2)
    is the highest between 3 prior info (2-th column)

    The (AA)27th column ( highr mf1)
    is the highest between 2 prior information (2th column)

    The (A B)28th column ( Tbp mf1)
    is shut highr mf1 (J column aa)

    The (A-C)29th column ( Tbp mf2)
    is near highr mf2 (J column z)
    The (A-D)30th column ( hl%v )(volatility)
    is in % ((high #8211; low) #8211; average(h-l))/average(h-l) (o column)

    The (AE=U)31th column ( min Mf(-2))
    is the minimal between 3 prior data (2-th column)

    The (A-F)32th column (near(0) AE(1) )
    is comparable but non-identical to X column

    The (A G)33th column ( m/M )
    is ratio (AI)/(AL)

    The (AH)34th column (M/m )
    is ratio 1/AG

    The (AI)35th column ( %m )
    is ratio (near-A F)/A F

    The (AJ=Z)36th column (MaxMF(-2))
    is the maximum between 3 prior data (2-th column)

    The (a k)37th column (M-M/M M )
    is ratio AH/AG

    The (AL)38th column (%M)
    is ratio (near-AM)/AM

    The (AM)39th column (near(0) A J(1) )
    is comparable but non just like A-C column

  14. #14
    During the elaboration, the excel spreadsheet calculates


    the MomentumFactor(1) (the distinction between the near and the prior one)
    the M-F(2) (the distinction between the shut and two close prices prior),

    the m f(1)lower and the m-f(1)higher
    the m f(2)lower and the m f(2)greater

    the TrendPointBalance(TPB)reduce
    (the sum of close price ((2close price prior than now)) the m f(1)reduce only for 8,9,10 o'clock (then mf(2)lower, 11 to 22 hour))

    and the (TPB)greater
    (the sum of the close price ((2close price prior than now)) the m f(1)greater

    The %M and %m with relative ratios: a filter to buy or sell an order

    The mixture of pivot points atr2,ma2,High2,Low2 … (they're again examined to enhance the PF)

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