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This is a resend of an earlier transmission that I am not sure got
through. If everyone got the first one, sorry. there also may have been
a
problem with the gif image being to small in the first post. I will
resend the TREX gif from another computer in a little while.
I have been getting a lot of requests for a peek at TREX.
Here is a chart showing the TREX "breakout", "time and price", and
"market probability" trades.
BEFORE the hail of questions starts :) let me answer a few of the
more obvious ones.
What the h--l is a TREX?????
TREX is a methodology which adheres to concepts of "Hyper-Modern
trading". (YES, this is ANOTHER trading term coined by me).
The basic concept of Hyper Modern trading is to build from the best of
many trading methodologies, in effect creating a super GOLEM which
is only trading when the odds are in it's favor.
TREX utilizes a range finding algorythm of mine to find the "time and
price" trades. It also trades high probability pattern reversals and
breakouts. There are a few nice levels shown on the attached chart
where "time and price" trades occured in the same area as "Market
Probability" trades.
Is TREX testable in TradeStation?
Not yet, but it will be. I have not
finished the programming yet, but all of the trades you see on the
attached chart were reached via MATHEMATICAL FORMULAS. Some of the
calculations are simple, but some of the math to tell TS what a
PATTERN looks like is very time consuming. I have to decide on the
best way around that. I don't think I will share this system with
the world, but I would like some independent testing done, so I know
it's not just me :) Clyde Lee, you out there? :)
Does TREX work the same in all markets?
YEP. Take a look at the TREX trades I have posted over the last two
weeks on RT.
Were Fibonacci or Gann calculations used in finding TREX turning
points?
NOPE !! :) NO FIB NO GANN.
Basically, this post isn't to herald in the new "Holy Grail", it's
just my usual monthly attempt to shake the trading establishment
tree a little bit.
Put down those Gann wheels, pick up a chart,
a calculator, and your brain, and start thinking about what YOU
see in the market, and more importantly, what the guy you are trading
AGAINST sees :) .
In answer to those who have been asking about the website, the web
beta can be viewed at http://www.cyberspy.com/~walt . There is some
commercial content, but also a lot of neat trading info. For the
trading info, "click" on the menu selections in the orange area under
CIS Trading Information Center.
SPECIAL NOTE TO RICK RATCHFORD AND NORMAN WINSKI:
I am a little curious as to how the points on the included chart
matched up with FDATES and the planets. :)
Walt Downs
CIS Trading
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