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tradernate

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Posts posted by tradernate

  1. FWIW...the MA or what its called is MA1 is a HMA 21

     

    blue/red line is the higher time frame stochastic cycle. If it's red and at the lows then there is a down trend in effect. Use the green line which is the lower timeframe cycle to time a sell entry ie: get in on a pullback.

    Personally I find it too busy visually and the same entry can be found using just the YBR indicator and the 21EMA. If price below the YBR then look for shorts and enter on a pullback to the 21EMA followed by a bar close down. Add in some selective trade location and swing point analysis and you will do alright

  2. Yamantaka, the basis of the system is that it buys on low volume reversal bars and sells on low volume tops. Stop is 1 tick, and targets for newbies is 1 tick. Bonds are at 31.25 per tick and commissions are lower-2.40 RT. The system provider goes at 5 cars per trade. FWIW There are a lot of BE trades, but when a runner runs 2-3 times a week and you are in it, that's where the $$ is. It is just like knowning how to stay out of chop for your style. So far its not for me.

     

    I'll lay odds this strategy isn't profitable at least not with out painful DD.
  3. ZB use 250 volume....I will try to get some templates, and I think there is a workspace.

     

    Jane the strategy is here most important, not the indicators. Just disable the ChartTrader and attach to the chart the TTT_AUTO OF strategy and enable it. Indicators are used by the strategy. You can add into your chart the Delta indicator (but there are around much better delta indicators like gomi or acme, for example) Everything works only live or in replay mode. IMO it's necessary to watch at least one video how to manage the dashboard.

    However, the control is not easy at the start of usage.

    The developer advises to use a volume chart and what I remember it was developed for treasuries (ZN, 500 Vol)

  4. I had a friend who trades there system.....he did well, and still does well. He never wanted to become a full time trader, just to learn and he has taken 5 years and they helped him become profitable. Are the indis worth 2K...no, but hand holding a bunch of people who still want to do things that they learned from the past and can still cannot be profitable is worth 2k. The key is that you have to trust your trainer....my friend said without there so-called hand holding he would have never made it. All he wants to make is 200 per day before work, and has a 250 day loss. Trades 1 car, since that what he likes and is less pressure. He doesn’t trade everyday (outside sales job), but does a lot of replay, either in the am or night before. The key is they are trustworthy according to my friend….and he likes the system. They really use a lot of Support and Resistance along with how they use the indicators for entries. He said they were honest in the room, whether live or not. He never once heard did you get that trade, when it was a phantom entry from other rooms.

     

    true....despicable.....more reason to make this available to all.....I heard they want 2k for this ...religious organization charging 2k for this is pure greed.....
  5. Try to get an i7, with min 8 GB ram @ 1600DDR3. AMD processors are fast but not as much as Intel, but they produce a lot of heat and you have to put a AC fcooler fan on it when trading in a hot area during the summer. IF possible get a battery backup that can handle the computer and monitor for 5-8 minutes.

    For trading should only use a SSD v. HD. It is night and day v. the two. When I was trading the CL last year it had lag during the oil report, thought it was my data. After installing the SSD....no lag whatsoever...so SSD for sure.

     

    I'm planning to buy a new computer to start realtime trading.

     

    What to buy?

     

    Better cpu i5, i7...AMD cpu's are good?

    How much ram?

    SSD vs traditional HD?

     

    I don't want to spend too much $$$.

     

    Thanks in advance for help.

  6. JJFunds...we knew what Jane was speaking to...based on direct order execution systems... seeing and acting on price action is an art....otherwise we all would be on the same charts...using the same accounts....I give both of you A...I agree. I have never seen a system trade all types of markets and be successful year in, year out. It would be nice to see one that doesn't have a huge drawdowns that can potentially kill account metrics.

     

    Trading is an art and not a perfect science??? i think is a method with Rules and Discipline

    ART is a projection of creativity i think is erronious compare trade with Art

    otherwise

     

    @you can trade like an artist@ but i think trade have some rules and dicipline methods are envolved in every activity in our human life daily.@

     

    i already pass the time for method lossess and dicipline madness now im making some exorcises to understand the PRICE ACTION AS AN ART!!!

  7. Hi Wanderer....I will only take a trade based on MY Risk/Reward tolerance. Meaning I use the ATR stop that is within my 1-2% per trade loses acceptance. I will not trade a system until my win rate is 70% AND my average win and largest lose ARE at least equal.When volume is low as it is now I trade with a 1.4 ATR stop on the BBT trend. I want to trade at a 50 fib support along a 34 SMA of the keltner. I want retracesments to be on lower volume, then have a thrust volume on the reversal back to my direction. I am using a 4 range chart...use it on YM, NQ, TF, CL, GC, ES. Mostly trade the TF.

     

    Hi Nate,

     

    Thanks for the detailed info. Let me add to it if I may.

     

    Placing a Loss Stop in one place, but actually exiting at another is acting out of fear, and lack of confidence in both one's Entry and one's Loss Stop. Loss Stops should not be primarily the point at which one can not tolerate additional losses. That's an emotional Loss Stop. Loss Stops should be where one's trade assumptions have been invalidated. This allows the market to tell you where you need to exit, not one's fear of losses. If that Loss Stop based on the market and your trade assumptions is too big for your account then you need to reduce it some way. Perhaps by reducing the size of your Bar or trading tactics.

     

    To my mind having a Loss Stop that automatically adjusts to the Market is the ideal. Welles Wilder has developed the best solution with his ground breaking ATR indicator. It is explained in his book "New Concepts in Technical Trading Systems". And others. The concept is easily adaptable to Trailing Stops and Profit Stops. All adjusting to Market conditions dynamically. It solves a Trader's biggest problems and takes the emotion out of the equation.

     

    Hope this helps.

     

    Regards, W.

  8. Sting...Husky...uses the same system....he is really good at getting out of small loses. Uses ATR trend crossover after at high/or low of day is broken...that is his change in momentum. From that point uses the same settings.....3 ATR on 3 range chart. Uses pullback on ATR touches during high volume times a the openings..I think his Husky eyes..are BBT diver map=20 Period Squeeze. Background is HTF 9R squeeze. He is a good trader...but does well when volume is high so breakouts happen more. really big on S/R of previous swings. They are similar...Husky just trades on when volume is high. He uses fibs on both HTF and entry to help enter using what TB uses..just not Renko bars.

     

    Tradernate,

     

    Thanks for the information. Do you have the items on the Husky trader?

  9. Yamantaka..is right I do know Pro Trader Ed. He has gotten to be a better trader....but he is worthless as a trainer. Someone traded with him I know in 011, I still have access to his room. If you go and look at his daily trades for a lot of last year and this year he had blothy print outs....he seemed to doctor them. He would open people in his room mainly after he hit his daily total. He has trained about 4-6 people after about 80-90 students. He comes in the room and trades, but doesn't do well. Do you actually look over his shoulder...no not everyday. When he has traded, he calls trades with limited conviction...and success. He makes his students take the so-called mike....and its not great. He is really a depressing person....not easy going while trading..and doesn't lead well. He says the problem on why his students dont do well, and he blames the students...but there is more to it...the shame is no one seems to call him on it.

    His background...ran the trading room for Blue Wave Trading, randy for a time had the source code open, and thats how Ed got the code. BBT traded with Ed, and coded for Ed, then left Ed to do his own. Husky Trader...did the same. They all used variations of Ed....but used there own in the long run. BBT....used to counter trend too much and that what got him in trouble.

    I will up load some good stuff for those who what to see how trading a ATR system is possible, and how Ed thinks. Now he (ED) uses more S/R of prior swings to trade from, he basically learned it from a trader named Kennth....who did well, but didn't do will when I was in the room and he was calling trades. But, calling trades in a room, is different then by yourself.

    I will up load the basics of his system and If you study the png's you will see how to trade an ATR system for profit. How Ed trades is legit, but it just doesn't crossover to the trainer student situation...thats Ed fault....He says heres the info...whats your problem.

    http://www.sendspace.com/file/bjwpnp

     

    Study the png 01 to 04 on how he does his money mgt...that's his edge. He will no allow a trade once entered initially to come back and get him at a full stop. He would rather take a small lost and then get back into the trade next signal. Best trades...Pullback to ATR stop line, and ATR crossover. Want divergence of CCI or MACDBB (indicators and Price), Keltner 4.5, 34 SMA. He now trades on a 3 range chart...using HTF from a 9 range, and using 5, 15, 60 minutes S/R.

    If you do think he is what you what....you can hold out to get a cheaper price then the 3k. If you have a thick skin....he's like a football coach....he does a lot of 1 on 1's which is his bread and butter. He at most of the time...doesn't show his fangs as much...that's where you learn..the most..not in the room. You can use the BBT indicators I have up load a lot of time here...they really are Ed. Ed auto is a 3 range, set a 3.01 ATR. Will take a pullback when price travel on a pullback of 7 ticks of more and price bar close on or 1 tick away from the ATR. Crossover of ATR trades are called continuations, and they are 1 tick above the close of the range bar..really as all trades are.

    Targets at ATR +/- 1 as stop (always 1 behind stop) and target 1 is 4, and trail or target 2 is 10. Best to be at 1:1 risk reward minimum. Need to be above 70% to make this work...as a system.

  10. wcicom...you are 100% right....This whole thing is sad but in a very really funny way....Room temp IQ

     

    Guys, you are wasting your time with Gavesto, I have seen guys like him in the Forums before, he will just keep twisting every post and every word, and change subjects whenever he can, to throw everyone off the real subject of him simply being a leach, and just disrupt everything. If I had to guess - I bet I know what Country he comes from, these guys are all the same, and they all have the same style of participating in Forums. They have their own idea of common sense....and it will not match anyone else's. The only way to get rid of leaches like him is for administrator to throw him out, otherwise - simply ignore everything he writes.
  11. Gavetso...you are nothing but the best.....I knew we could count on you to do what is always right!

    The only thing you could offer a trader is talk....no track record....nothing is ever shown....just talk and empty promises like the other frauds...again...how can anyone trust you...they can't....go be the fraud you are elsewhere.

     

    im decide said goodbye this CRPA FORUM WHNE SOME STUPOID ADMINS AND GUYS CONTROL SOME FOLDERS AND TRY CONTROL SOME POORS NEWVIEW TRADERS AND COLABORATE TO DISTRIBUTE INLLGREALY SOFTWARE HERE

    I WILL POST THE db and SEND ALL INFO RELATED THIS FORUM TO AUTHORITIES IN USA AND EUROPE

    I HOPE INDO HAVE THE HOSTING OFFSHORE BECASUE THIS FORUM WILLBE SHUTDOWN VERY SOON

     

    CAVE OF ****ERS

     

    BYE FOR EVER AND FOLLWING LOSING MONEY

     

    AS BALA AND GAZA AND OTHERS I OFFER A OPRTUNITY TO REALLY MAKE MONEY

    BUT YOUGUYS ONLY WANT ALL FREE

     

     

    BYE CAVE OF LOOSERS

  12. Gavetso....clearly you do not read any of my posts......and I have no problems with system vendors (99.5 lie any way).....BTW...I wouldn't ask you for a thing...I know you wouldn't deliver it...to me you show who you are as a person...especially if ur coding skills match how you act here...I wouldn't use you if you were the last coder on earth. The issues and the way you bring up off handed arguments...remind me of Elgaza...I guess its hard to stay focus...isnt it.

    Admis...did the box...and what did you provide in that thread...nothing....yet I would assume you took admis code....and the cs file...still no thanks....of any kind and of course no help to no one but yourself. You are a unless troll....on this forum. Now go away before I get my flyswatter out.

     

    TRADENATE DEFINTLY YOU SHOW CLEARLY YOUR INTETIONS TO DESTROY OR DEBUNK ANY COMPETITORS HERE

    i have some clients from indo investasi and youcan lose your time trying get some coding service free forme forgit

    if you want the box complete strat pay for it

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