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Have you looked at Interactive Brokers? You can have RT chart, RT feed
for $10 / month.
dom
Charles H. Bush wrote:
> Hi, folks,
>
> I?m new to investing, but not so new to Amibroker.
>
> I?ve been using the software to learn to scan for swing trading stocks
> and everytime I think about switching to something else I regret even
> the thought. I?ve looked at Mr. Swing (Swingtracker) which is a
> java-based RT system ($49 per month), but I have trouble getting
> reliable feed.
>
> Recently I have sighed up for IQFeed (realtime) for use with Amibroker
> and so far it?s been very reliable. However, realtime doesn?t seem to
> be my style, except for checking the opening range of stocks I?m
> interested in. I don?t have time to sit all day and watch the ticks
> roll by.
>
> So far I?ve only made three trades at Scottrade ( 2 profitable, 1
> small loss), with Scottrade making $14 in commissions per round trip.
> I?m considering shifting my account to MB Trading, where you can trade
> up to 500 shares for .01 per share cost. Unfortunately they don?t have
> a charting system to allow dropping in on the realtime ticks. However,
> they do they pay interest on unused funds, which Scottrade doesn?t do.
>
> Dave Landry suggests the following in his book on Swing Trading:
>
> 1. Pick your stock
> 2. Set a buy stop for the next day at .06 above today?s high.
> 3. Set a stop loss or a trailing stop not exceeding 4% of the the
> purchase.
> 4. Place the trade and wait to see if the order is filled.
> 5. When (if) you reach 7% profit, sell half the shares and let the
> rest ride with the stop loss in place.
>
> My problem: without real time quotes, this feels like standing on top
> of a bridge in the night and throwing money into the darkness.
>
> So my question is: Can anyone tell me a decent method for End of Day
> trading without paying for RT charting data? Or how you get around
> flying blind when you place the orders without watching the morning
> real time opening?
>
> Would appreciate your input.
>
> Thanks in advance.
>
> Charles Bush.
>
> ------------------------------------------------------------------------
>
> From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On
> Behalf Of peterjldyke
> Sent: Friday, January 05, 2007 5:52 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Code for price structure
>
> You do not mention what timeframe you are using.
> My suggestion is that you use a Simple Moving Average.
> I use a Weekly time frame for my Long stock trading (I do not
> Short). I Plot a MA(C,30) on my charts and visually check my
> Watchlist that each weekly Close Price has been above the MA(C,30)
> for at least 52 weeks. I use a Vertical line placed 52 weeks ago to
> give me the starting point that the MA(C,30) must be below. You will
> quickly see how the price is trending. Plotting another MA using
> Param to manually adjust the time period on each chart can also help
> to identify strong trends.
> I also use ROC(C,52) to show outperforming stocks.
> I have the ASX Top 200 as my Watchlist and it only takes a few
> minutes to scroll through nearly 200 charts. Plenty of candidates
> for Long trading should appear. Volatility also allows short term,
> even day trading opportunities.
> Obviously, you can add more T/A whistles and bells if you find them
> necessary. I think "less is best".
> For the Australian market, Alan Hull has a number of publications on
> trend trading using minimal chart interpretation.
> Peter
>
> --- In amibroker@xxxxxxxxxxxxxxx <mailto:amibroker%40yahoogroups.com>,
> Bruce Hawkins <hawkinsk001@xxx>
> wrote:
>>
>> Does anybody have any code that recognizes trending price
> structure?
>>
>> The first question that comes to my mind is what is trending price
>> structure? I am hoping someone has tried to put that in code.
>>
>> Maybe "x" number of bars making HH's or LL's with no bar closing
>> below/above the L/H of previous bar.
>>
>> What about slope of price or MA comparing previous values to
>> current with no current value below previous value in an uptrend.
>>
>> Any thoughts would be appreciated.
>>
>> Cheers,
>>
>> Bruce
>>
>
>
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