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Re: [amibroker] Re: 'Rule Based' versus 'Discretionary' trading...



PureBytes Links

Trading Reference Links

Thank you and David for providing feedback. As for 
"classic" MarketProfile (with character codes), it can be
done by low-level function, but for speed and real-time trading
I think it is worthwhile to have it built into existing PlotVAPOverlay
as an option, therefore I add that
to the to-do list.

Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message ----- 
From: "sidhartha70" <sidhartha70@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, August 18, 2008 10:52 PM
Subject: [amibroker] Re: 'Rule Based' versus 'Discretionary' trading...


> TJ...
> 
> Like you, not wanting to distract from the main theme of the thread.
> 
> Well, for me clearly the issues at the moment centre around two things...
> 
> 1. Not having any control over the x-axis and hence being able to
> build things cuch as equivolume charts. Or indeed do such things as
> match up two symbols in say 200 tick bars that have differing tick
> refresh rates (e.g. ES and TICK symbols).
> 
> 2. Not having the extensibility within the system to 'easily' build
> something like true Market Profile as discussed in another thread. I'm
> very happy to be proved wrong on this case and shown that it actually
> is quite easy to build from sctrach (allowing for such things as
> scrolling through historical data, resizing of chart windows, zooming
> etc..etc..).
> 
> I guess these are the first 'non vanilla' type charting requirements i
> have looked at under AmiBroker and I have not yet found an
> approachable way to achieve my aims.
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <groups@xxx> wrote:
>>
>> Hello,
>> 
>> Not wanting to hijack this thread but whenever I ask
>> about some itemized list of what is exactly "weak" in AB charting,
>> I don't receive any meaningful reply. I would really want to know
>> some objective list instead of statements I heard on ET that
>> "charts are ugly" which for me unfortunatelly means nothing,
>> considering the hunderds of ways charts can be customized
>> according to user taste in AB. 
>> 
>> Best regards,
>> Tomasz Janeczko
>> amibroker.com
>> ----- Original Message ----- 
>> From: "sidhartha70" <sidhartha70@xxx>
>> To: <amibroker@xxxxxxxxxxxxxxx>
>> Sent: Monday, August 18, 2008 9:16 PM
>> Subject: [amibroker] 'Rule Based' versus 'Discretionary' trading...
>> 
>> 
>> > Thought I'd try and start a discussion on this very important topic...
>> > 
>> > Over the years I seem to have come full circle... back in 1994
>> > starting as a largely discretionary trader, I moved into 'rule based'
>> > systems while working for Merrill Lynch back in 1997. I spent about 7
>> > years trading various types of rule based system. All variations on
>> > statistical arbitrage themes.
>> > 
>> > Over recent years I have migrated away from rule based trading back to
>> > discretionary, and find myself developing some quite strong opinions
>> > about rule based trading (opinions which I happy to have changed!!!).
>> > 
>> > One thing that strikes me about this forum is the focus on 'rule
>> > based' trading and backtesting/optimization of systems. Perhaps this
>> > relates to the grounding of the product. I have been an owner of
>> > AmiBroker for about 5 months now I guess... and it seems to me it's
>> > strengths lie in backtesting & optimization (if only I had a product
>> > like this back in 1997 my life would have been an absolute joy).
>> > However, it's weaknesses seem to lie in it's charting (as has been
>> > commented on a couple of reviews on Elite Trader) and particualrly the
>> > openness & adaptability of it's charting framework.
>> > 
>> > Anyway, I'd love to start an open discussion on 'rule based' versus
>> > 'discretionary'... Pros, cons, differences, potential returns from
>> > each route, does one route lead to the other etc..etc...
>> > 
>> > I'm very much wanting to learn from opening this subject up.
>> > 
>> > 
>> > ------------------------------------
>> > 
>> > Please note that this group is for discussion between users only.
>> > 
>> > To get support from AmiBroker please send an e-mail directly to 
>> > SUPPORT {at} amibroker.com
>> > 
>> > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
>> > http://www.amibroker.com/devlog/
>> > 
>> > For other support material please check also:
>> > http://www.amibroker.com/support.html
>> > Yahoo! Groups Links
>> > 
>> > 
>> >
>>
> 
> 
> 
> ------------------------------------
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to 
> SUPPORT {at} amibroker.com
> 
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> http://www.amibroker.com/devlog/
> 
> For other support material please check also:
> http://www.amibroker.com/support.html
> Yahoo! Groups Links
> 
> 
> 

------------------------------------

Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to 
SUPPORT {at} amibroker.com

For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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