[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: Thrill me, fill me, kill me



PureBytes Links

Trading Reference Links

> hmmm ... you didn't like my duck ( tape ) and cover cartoon ?!

Didn't do much for my AB education... (not that there was anything
wrong with it!)... <g>

Phsst

--- In amibroker@xxxxxxxxxxxxxxx, "Fred" <fctonetti@xxxx> wrote:
> hmmm ... you didn't like my duck ( tape ) and cover cartoon ?!
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Phsst" <phsst@xxxx> wrote:
> > Pal,
> > 
> > It has been an interesting day of reading posts on this board.
> > 
> > Since you seem to have hijacked the forum... do you suppose that we
> > might be able to return to AB related subjects?
> > 
> > Highest Regards,
> > 
> > Phsst
> > 
> > 
> > 
> > --- In amibroker@xxxxxxxxxxxxxxx, "palsanand" <palsanand@xxxx> 
> wrote:
> > > 
> > > > p> Sometimes, the best price to enter is at the Market on Open
> > > (Previous
> > > > p> days close price), if the signal is strong, else it is 
> prudent 
> > > only
> > > > p> to enter at High of Day/Low of Day, i.e., sometimes the 
> Market 
> > > opens
> > > > p> and the open price is the Low/High of day or very close to 
> it if 
> > > the
> > > > p> Buy/Sell signal is strong, so that the Low or High of Day 
> > > predicted
> > > > p> by the formula I referred earlier is never touched.
> > > > 
> > > > Pal . . . I need a translator of some foreign language to 
> understand
> > > > what on God's earth this could possibly mean above.  
> i.e., 'Market 
> > > on
> > > > Open' does NOT, and never will = 'Previous days (sic) closing 
> > > price'.
> > > > You seem to be saying it does.
> > > 
> > > You should always try to enter at Market on Open which should 
> ideally 
> > > be previous Days Close price.  99% of the time your order gets 
> filled 
> > > if your signal system is not a lagging indicator and gives 
> signals 
> > > one day before the market moves as mine does...  This avoids the 
> > > practice of chasing the markets, increases profits, reduces 
> > > drawdowns...  Actually, I used to pyramid/pillar my losing 
> positions 
> > > entered at MOO, because previously I was not able to accurately 
> > > measure the strength of the detected signal, but now I do not 
> > > pyramid/pillar my positions, as I have optimized my entry 
> points...
> > > > 
> > > > And it would **ALWAYS** be "prudent" to enter at the High of 
> the day
> > > > or the Low of the day.  Always.  Not "else".  ^^_^^  But I doubt
> > > > seriously you or anyone else can.
> > > 
> > > That is my main point.  Sometimes the High/Low of day is the Open 
> > > price or very close to it if you have a sufficiently strong 
> signal, 
> > > otherwise if you have a weaker signal you have to enter at 
> predicted 
> > > High/Low of Day...  Sometimes the weaker signal turns into a good 
> > > Long term one.  So I can't cherry pick signals...  I have to 
> trade 
> > > every damn one of them...
> > > 
> > > The formula I referred is quite good in predicting High/Low of 
> Day.  
> > > Sometimes, the predicted High/Low of Day is exceeded, so you 
> should 
> > > have sufficient equity to withstand the volatility.  I do not 
> have 
> > > more than 42% of my Usable Margin invested at any one time.  I 
> need 
> > > the rest 52% to withstand the volatality.  Ideally, you should 
> have 
> > > 100% invested and make consistent gains to maxmize profits...
> > > 
> > > > 
> > > > p> Actually, this formula is in the AFL library.  It is the 
> Pivot 
> > > Points
> > > > p> Support and Resistance.  It is heavily used by the Floor 
> > > traders...
> > > > 
> > > > Wait a minute.  You're going to refuse to reveal a formula 
> that's
> > > > already in the AFL library???
> > > > 
> > > > Oh boy . . . I sure am missing something here.
> > > 
> > > No.  I said I cannot reveal the formula for the signal detection 
> > > system, not the formula for predicting the High/Low of day...
> > > 
> > > Regards,
> > > 
> > > Pal
> > > > 
> > > > Yuki


------------------------ Yahoo! Groups Sponsor ---------------------~-->
Rent DVDs Online - Over 14,500 titles.
No Late Fees & Free Shipping.
Try Netflix for FREE!
http://us.click.yahoo.com/Tq9otC/XP.FAA/3jkFAA/GHeqlB/TM
---------------------------------------------------------------------~->

Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx 
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/