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Two quick questions here...
First... I've watched with interest the various threads concerning
'indicators' that have developed on this forum. The latest being Walt's
"FEAR' indicator. What I've noticed is that a great deal of time is
spent figuring out HOW to interperet the data... (let alone whether the
data IS accurate) and then apply it to the market...Not much is
discusssed on HOW the indicators ARE presented to be viewed FOR
interpretation. Since 'Interpretation' of the data begins with seeing
it on the screen.... My question is this: Is any one else working on
setting up various data in a '3 dimentional' rendering format. (For
example, using the x-axis for time/tic, the y-axis for price/range and
the z-axis for the analysis indicator.) As is obvious, charts and
graphs are easier to use than 'seeing' endless numbers in you head.
However from what I've worked with, 'seeing' a 3 dimentional view of the
data is much clearer than seeing a 2 dimentional overlay on a time/price
graph. Also, overlays of multiple indicators along the z-axis give a
clearer comparison than simple lines that tend to become confusing. The
'impact' of the indicators I've worked with thus far are MUCH clearer to
see. You can get a better feel for the MAGNITUDE or STRENGTH of the
indicator(s) as it applies to time/price.
NOTE: I use real time data feed from InterQuote over the net... snapshot
the data - and import into Paradox 7. I program the indicator's
formulas/procedures/methods using Paradox's PAL language and also C++.
I also have just begun working with Visual Basic 5. [Also, I have not
used TS yet.]. Another upside to using Paradox, as opposed to a
'canned' analysis program, is that it gives me unlimited capability to
query 'what if' type questions (from historical data...) as thats one
of the strengths of a Relational Database over a numerical spreadsheet
environment. Again, anybody else working along a 3d direction? If so,
please e-mail me.
SECONDLY: I trade primarily in the CBT grains environment. I haven't
seen too much discussion in this area. My second question is; Does
anybody intraday trade wheat/corn/beans ? And if so, would you be
willing to 'trade notes'? God knows, after the last 3 weeks, we could
all use some help. After monday's USDA reports... who would have
thought corn and wheat would have been as strong?
Ps. Walt... have you applied your FEAR indicators towards the grains
yet?
Regards to all, as you go the 'Markets' to collect your daily bread!
Ryan Garrett
telerate@xxxxxxxxxx
p.s. If this was recieved twice, my apologies... not sure the first one
got through.
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