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



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Thank you TJ for your gracious response. If you need any input on the
functionality required to effectively achieve a good true market
profile solution, you know where I am.

Many Thanks.

--- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <groups@xxx> wrote:
>
> 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@xxx>
> 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@> 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@>
> >> 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.

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For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
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