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

[amibroker] Re: Is is possible to add/edit fibonacci ratios?



PureBytes Links

Trading Reference Links

Hi Geo,
In your post you said: "but I solved that problem by using an chart 
overlay program to draw on AB charts)." 
Could you please share the name and the source of this program.

Kindest regard
Guno


--- In amibroker@xxxxxxxxxxxxxxx, "Geo Singleman" <geosing@xxxx> 
wrote:
> Ken,
> 
> Good luck with the effort. I forgot to mention another site you 
may find useful - especially if you are considering trading emini 
futures. Michael Jardine who runs this site is the author of a book 
on Fibonacci Trading techniques.
> 
> http://www.enthios.com
> 
> I became a profitable trader only after I dropped all the 
indicators, moving averages and other squiggly lines which are all 
dervitives of price. I have got to the point that I can do without 
charts during the trading session. The charts I use are plain 
vanilla candle charts and volume, if available. (eminis do have the 
volume). I only use straightline tools - trend channels and median 
lines. (I wish I could draw sliding parallels in AB - but I solved 
that problem by using an chart overlay program to draw on AB 
charts). Certain characterstics of price moves and patterns combined 
with behavior of volume (where available) are all that I use in my 
short term trading - most trades within 10 five minute bars. This 
may be just me, as I know successful traders with Ensign charts 
looking like Picasso's work. My feeble brain cannot process more 
than 1 or 2 variables at a time. Keeping it super simple works for 
me. Anything that made me think and hesitate was fatal to the 
bottomline. :-)
> 
> Don't get me wrong, as AB is a great TA and backtesting tool, you 
can probably find something that works well for you. It is just that 
in very short term discretionary trading less is more., imo.
> 
> ----- Original Message ----- 
>   From: Ken Henderson 
>   To: amibroker@xxxxxxxxxxxxxxx 
>   Sent: Saturday, June 26, 2004 07:41 PM
>   Subject: RE: [amibroker] Scalping Using RT Tick Data
> 
> 
>   Hi Geo
> 
>    
> 
>   Thanks for the web sites, they make interesting reading.
> 
>    
> 
>   Although I have not traded extensively short term, I tend to 
agree with you that standard indicators do not work well in this 
time frame.   I am interested in playing around with some indicators 
that have come via the AB user group.  I will let you know if I find 
any that are of assistance.
> 
>    
> 
>   Trading tick data is very much a matter of staying focused on 
the charts and acting quickly that when you believe a trade should 
be entered or exited with very tight stops. 
> 
>    
> 
>   Only time will tell whether this is a market that I should trade.
> 
>    
> 
>   Many thanks
> 
>    
> 
>   Ken



------------------------ Yahoo! Groups Sponsor --------------------~--> 
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~-> 

Check AmiBroker web page at:
http://www.amibroker.com/

Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
     http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
     amibroker-unsubscribe@xxxxxxxxxxxxxxx

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