noody

The reason why I created a separate post than my scalper one is to let traders understand that this is way beyond a scalper- this is a way / method of trading, reliable, consistent with everything you could ask for a trading method.
Rules are simple and you can read them in depth in my scalper post.
I just could not hold myself and HAD to post this day. Friday was an amazing day, it started nice , easy ( i start around 8 45 am which is 5 45 for me), then few minutes after the open it went down so hard and strong that i was sure the war started, then it made 5 big waves down, made a 1.618 extension to the tick and started upward with a vengeance.My method caught almost every move which totally shocked me with hardly any losers and only few be.Before i start- i wrote NO INDICATORS but i did put the PVDelta divergence- you dont need it- i am just showing it so you can see how much it can help you.
Here are the links for the images:
http://imageshack.com/a/img196/2458/83ax.jpg
http://imageshack.com/a/img24/8726/v19s.jpg
http://imageshack.com/a/img856/5202/p8jx.jpg
So lets get started:http://imageshack.com/scaled/large/196/83ax.jpg
Market was going up -h and h-l so right at the report you take a long ( i was not up yet ).
8 33 long- loser.8 34 long because even though it was a lower low i dont usually consider 2 bar move as a leg- its more like noise so normally i ignore it.8 35 i a short- it hit the tripple top and gave us a signal so u take it.
8 43 a short which ended a be.
8 50 it was not clear- we only broke previous highs by 1 tick which my method considers that as a double top or even better because it kills all the breakout traders that have to reverse but i did not take it- picture was not clear yet so you just stay on the sidelines and wait for the market to tell you what to do.
9 31 it was a clear short
9 35 THE SHORT OF THE DAY- if you notice- this pattern repeats itself again and again- we had lower lows but the high did not break the previous highs by more than 1 tick so we take a short while everyone is going long lol.
9 41- here is have to explain- as per my rules- you ignore a retracement of less than 3 bars BUT- this was an amazing down trend- the volumes were 30-40 k which is unheard so in such a strong trend you cant expect a 3 bar retrace , even one is good enough.
9 45 short.
9 45 short
http://imageshack.com/scaled/large/24/v19s.jpg
9 49 short
9 53 same short- one tick does not constitute a reversal, still down.
9 55 short same for all of them till 10 04. basically what i did is - i shorted at the top and just moved my stop and exited at the big 1.618 fib extension but that is a little more expert and i dont want to complicate here.
10 06 short- loser,
10 09 short be.
10 10 long- i have to explain here-by now what we see is a very strong reversal at a fib level with a huge reversal volume ( not shown here - on a 1 minute chart ) so the market is TELLING us that the direction has changed.if you really want me to go a little deeper here it is- at 10 10 i was thinking to short because we only went 1 tick above - but the strength of the move told me not to, instead i was waiting for a symmetry - meaning - we had one tick above CREATING a higher high- so i expected a small move to one tick above the low of 10 09 and once i got a long signal i went long, but even if you did not catch it you would get the rest of them.
all the rest signals are very clear and simple- THERE WAS NOTHING SIGNALING TO GO SHORT ONLY LONG.
http://imageshack.com/scaled/large/856/p8jx.jpg
a nice long was at 10 40 which was another case of summetry.
12 44 is an optional long- i need to explain- on a strong move up you look for a long entry even on a fib extension which was the case
i skipped some legs because i did not want to long more unless we get a nice retracement but then we got the retracement as a series of lower lows and lower highs which i took and you can see these 3 shorts.
by then i was exhausted and done.
Please let me know if this helps. i do not want to impose, i only want to share.
Please let me know what you think and if there are ways to improve.Do not ask to see my total for the day :) but you can easily calculate it.( one of my best ever days ).
The only way i know if you liked it is by you pushing the THANKS button.
Take care and i would love to answer questions.
TRADERBEAUTY -Jane

I will vouch for this indicator.
There are many indicators being shared here, I do test a lot of them.
Most of the indicators are being calculated based on the history which is not good.
Just think- the fact that the market was going up / (down ) for the last 14 bars does not mean that it will continue upward, the probability is there and many times when there is a strong trend/ move it will continue ; but can we make money consistently using lagging indicators ? most likely NO.
I will not say - "The only way" because this is kind of extreme but I would dare say that imho reading the MOVES in the market is a good way to consistently win.
The simplest example is shorting on an up move right at the 1.272 or the 1.618 ; or going long on an up moving market at the 61.8 or 78.2 or 50 etc - retracement.
It sounds very simple and easy- but its definitely NOT so.
Many times it is but in many others we have a conflict between the big picture and the smaller one which complicates things.
I will not get into that right now but the most important issue is TO KNOW with a high certainty what should happen next.
Once you know then all you have to do is wait for a signal.
Now lets ask ourselves- WHAT IS A SIGNAL ? ; i use for example either the asc trend ona 70 tick chart but only when i am almost 100% sure , if not then i will wait for a renko signal and then enter.
I always look for SUPPORTIVE EVIDENCE, which is for example a REVERSAL VOLUME SPIKE on a 1 minute chart,the ideal is a divergence on the volume.
I tried to use many volume charts from different indicators with no success or lets say consistent success.
Once i found this PV Delta - i think i found something which is very very good and reliable.
But again- you cannot trade just using this indicator, on a strong move it will give you false entries and a million of them, this is only a tool and as i explained before- its purpose is only to support an idea that you have, so for example- if you reached the 1.272 and you get divergences from bar to bar and you get an entry signal then TAKE IT, but not before.
The beauty of this indicator is that it provides divergence from BAR TO BAR without the need of a double top or a higher high (lower / low ) to generate a divergence in the normal way.
BOTTOM LINE- i highly recommend this indicator as long as you wait for a confirmation.
I wanted to post some screen shots but had a problem with my ninja and could not do a replay - no idea why it wont d/l the relay data. but if you are interested with some images then let me know just by clicking the thanks button and i will put them tomorrow with live data.
Take care and hope it helps.
 
Traderbeauty JANE

Use only support and resistance ,use 2 charts one bigger timeframe and a smaller timeframe to trade from..
As long as indicators nothing can substitute learning to read the tape try getting your hands on an agregated time and sales as you can have a clearer picture of whats going on the time and sales gives you the confirmation of a reversal or continuation ,trade small and if you are new to trading stay away from crude ,gold try training with sp or euro curency.
Try not to put much effort on oscillators as they are pretty much worthless ,been there done that!!
Like trederbeauty said fibonacci is a great tool is alittle bit more advanced but in my experience trading ,specially daytrading is not easy to learn even if you think you have learned there will be times the market will behave very diffrent from time to time ,patience is the key if you are patient you will succeed let the market come to you
stay away from ghost markets havent you think why are they so thinly traded? because no one feels to gamble there ;)

Addressing the miniz, which is what I trade:
IMHO, the markets ranges intra-day most of the time ( some studies say as high as 80%). So, I believe, we can be safe to assume that it will range today, tomorrow and everyday and use the RSI or any other oscillator to sell OB and buy OS. Now, once in a while, we will have a nice trend in place that will stop us out of my ranging assumption. The key is to use a 1/1 or 1/2 Risk/Reward in order to increase our account size in the long term. We also need to be careful of the time frame we use, since a trend 5M chart is nothing but a ranging day on the 30/60 chart. Based on what I have read lately, oscillators can work better on market with heavy participation, such as the the stock market indices. But with that said please note that there is always a better trader(s) than me that is taking the other side of the trade!!
Andy

The only way to KNOW in REAL TIME if a market is consolidating is NOT by using an indicator as Yamantaka said above but using the only thing - not lagging which is PRICE itself.
 
Sound simple right- but not so lol.
You cannot just look at the current bars and decide ; so here is my way to forecast the market in any time frame and any conditions.
All you have to do is mark you pivots ( or use any simple zigzag indicator to mark them for you ) - now here is the kicker- so watch carefully-
so far all we did was marking our pivots - so it makes no difference what time frame we are. Ignore noise if you can and if you cannot then skip it.
Now- watch- if the distance extension between the previous pivot and the current one is LESS than 1.272 then MARKET IS CONSOLIDATING RIGHT NOW. NO NEED FOR FANCY EXPENSIVE INDICATORS ETC.
Then you wait for the next pivot and do the same- ONLY when you fib is equal or bigger than 1.272 thats when you know that consolidation has ended IN REAL TIME.
Write this down, back test . no book or seminar will tell you that because they all want you to buy their expensive indicators that will plot beautiful colors and dots and curves lol.
This is my own revelation and I am standing 100% behind it ( it works 99% of the time in the ES ).
It is a little more composed than that but you can read more later on my coming up friday's entire day analysis.
Hope it helps
And PLEASE - let me hear your feedback and responses - dont be shy :), i can stand any criticism :).
Traderbeauty
Jane

Inertia calls for selling the Top of the range & Buying the Bottom of the range & Hence RSI works the best to indicate the Signals.... In case of B/O wait for Entry on Retracement at the bottom / top of B/O Bar ... Fade in case the top or Bottom of B/O bar is taken out .. Use Divergence for confirmation..

An indicator will tell you it's a sideways market after the fact. There is no such indicator in the world that accurately forecasts a sideways market before the fact.

http://XXX.4shared.com/zip/1R_SeV23/IwMeanRenko.html

http://www.5endspace.com/file/62d8rf

This site is a possible solution provider for your MarketReplay data needs. Reasonably fast and convenient plus free. Just download their batch data downloader and specify the particular year and months you want. No Level II data though.
The other alternative would be http://marketreplay.net/, however after reading this II thread http://indo-investasi.com/showthread.php/21849-REQ-MarkerReplay(-)net-Addon?highlight=market+replay, I'd rather stay away from those buggers.
So here's the site. http://marketreplaydata.com/.
Just a heads up. Cheers!

here you go
Mean Renko
http://[email protected]/file/ox25ap

you probably have dll in your \nt7\custom
which automatically sets the type better renko
try to remove that dll who that installs type better renko

Renko is great for seeing market structure. I still like to look at time base charts as well, as they do offer some info you can't see with renko. Wouldn't worry about bars printing too fast as it's the market structure that is more important than any one bar. For Forex I like to look at 3tick renko bars as it gives good fidelity on price behaviour. If price has more volatility then will switch to a 4 tick bar. The bar size really depends on how much info you want to filter. For scalping I like to see price levels being accepted or rejected... so with FX that can be small ranges of 5-7pips.

Hello Trader Friends.
Wanted to thank again everyone that is helping and sharing and giving ideas.
So what is JTMI scalper- J is Jane, T is Traderbeauty , M is Mechanical, A is Adaptive to the market conditions and I is for *****s ( no pan intended - just wanted to create an impressive name lol ).
since I am a full time trader , its hard for me to post during the day so i use the weekend as an opportunity to help or at least try to help others.
First- let me warn you- do not use this method live unless you traded paper for few weeks with no losses.
http://imageshack.com/scaled/large/51/6evq.jpg
This is no magic or anything new but there are many rules and pointers that will prevent you from entering at the wrong time or place.
This is a plain 2-1 ticks renko spectrum with only the zigzag UTC on it just to clearly mark the zigzags.
I did not post the big picture on purpose- meaning i am ignoring all the big support and resistance, double tops/ bottoms etc which you should watch normally and consider them but in this post i like to keep everything simple for *****s like me that need a simple yes or no in order to push the button.
So lets get started-
Rules 1: and the most important one- since we dont use indicators- the only way to know the end of a move/ trend - ahead of time is by watching the distance between the tops for an up move or bottoms for a down move.once we have 1 or 2 ticks then it means get out and sit on the sidelines.
Lets look on friday's trading.
Point 1- that is early in the am and we are still fresh and anxious , we can clearly see that we had 2 tops before with a nice distance between them so we are looking for a long entry,once we got it we go long with a stop 1 tick bellow point 1 or you can use a 70 tick chart with acme trend and only go in when you see a clear consolidation then you can get in with 2-3 ticks stop.
since the distance beteen the last 2 tops was big it tells us that the trend is strong and we can easily few points- in this case we could get 3 points easily.
Point 2- we still see that the distance is big so like machine we look for the next long entry which came at point 2- this one would have given us 5 points meaning we could actually stop trading less than an hour after we started with 8 points.
Rule 3---- its not advisable to go more than 2 or 3 times in the same direction, normally the market changes sides and we should expect it to start going the opposite direction so being greedy is ******.
that is why we could but should not take a long at point 3, but even if we did we would go long at 1695 and exit with 2-3 ticks loss once the next bar turns red.
point 4- we have now lower low with a big distance between the bottoms so we look for a short- we take it with stop above point 4 . could have gotten another 3 points here- again using the 70 ticks to monitor.
point 5 is a very small loss or breakeven.
point 6 is a winner for another 2 points. but noticing that the distance between the tops( will call it DELTA from now on ) is much smaller than before gives us the knowledge that this is not a strong trend.
point .
point 7 is ultra obvious- you have to be an ***** NOT to take a short there- look at the delta and the length of the previous move- the market is TELLING US that the move is strong with a big gain expected in this short entry not only few ticks- this was a 4,5 points profit.
point 8 -i need to explain what is going on here-so please pay attention- the ***** rule is- since we have a lower low we just look for a short and we did get it at point 8 and even if we shorted there we would win a little and definitely not lose. BUT...look at RULE 3 - we just entered 3 times short down and point 8 is the 4th short entry with the direction down with hardly any retracement - so we just have to watch, the other more important fact that you have to notice is- we had a VERY STRONG down move with a huge delta- so WHY THE HELL DID THE MARKET GO UP SO HIGH AND SO CLOSE TO POINT 7? unless its planning to reverse. ( mmm, so that is not just for dummies anymore, we need to think a little ...).
point 10- basic and obvious long for another 2 points.
point 11 - same as 10 with another 2 points.
by now we made so much money almost 20 points using only ONE CONTRACT. we had 1 or 2 very small losers and its total mechanical entry with hardly any rules so we cans top trading after 4 hours and go to the beach.
Bottom line- if the legs start to get too small it means we are in either chop or consolidate and we better stay out or SWITCH TO renko 1-1.
Hope it helps-
I am willing to continue my analysis posts but only if I see enough responses and the only way to see that is by people hitting the "THANKS" button.
There is much more to this method by using very basic simple fib levels that will allow you to enter countertrend and make even more money but as i said before- i will only continue if i see some responses and support.
Hope you enjoyed and thank you all again.
Jane

Yeah, working...

working with Mirus LIVE !!

Our Russian trading friends could you please copy and paste in english also....if you would I would greatly appreciate.-Nate
 

Thank you guys! ... I am glad that my indicator known!
I still have a lot of serious indicators Niña Trader 7, they are free. I will be happy to share! :)
I'm from Russia ... my blog - http://trendphil.blogspot.ru/

Training boot camp videos so far (here's the indicators & setups I use):
 
March 6th, 2013 http://www.instantpresenter.com/kwikpop/EA53D889804D
March 13th, 2013 http://www.instantpresenter.com/kwikpop/EA53D680864E
March 20th, 2013 http://www.instantpresenter.com/kwikpop/EA54DF89884F
April 10th, 2013 http://www.instantpresenter.com/kwikpop/EA54DA828448
April 17th, 2013 http://www.instantpresenter.com/kwikpop/EA54D989814B
April 24th, 2013 http://www.instantpresenter.com/kwikpop/EA54D785804B
April 29th, 2013 http://www.screencast.com/t/sXFu1p2F2
May 8th, 2013 http://www.instantpresenter.com/kwikpop/EA55DE85874F
May 15th, 2013 http://www.instantpresenter.com/kwikpop/EA55DC80894A
May 29th, 2013 http://www.instantpresenter.com/kwikpop/EA55DA898047
 
cheers
-aquarius5

hi guys!
 
Long time no see ... so I wanted to share some of my stuff with you...
 
1. Kwikppop with 3D Box with Text-To-Speech tweaks (all basic packages and premium, Sonar not included)
2. Bet-ter Indicators X with Text-To-Speech tweaks and a modified Sinewave MTF version
3. Market re-play NT addon, with a status texbox (tells you what it is doing)
 
Kwikpop.
It has the 3D box window modified, it shows the name of each indicator and also has a checkbox so you can enable speech alerts. This will work if you also enable the speech setting on the indicator (check the indicator property window). This will allow you to have the setting enabled on the indicator, and switch it off on the 3D box window by default, so history bars won't speak up their changes...
 
It has a breakout speech and a regular momentum speech settings, you can choose either, depending how you trade.
 
I use the KP3DBox and the KPTrend indicators for ES, CL and YM... it also includes the generic 3DBox, so you can use it for any instrument...
 
Bet-ter Indicators X.
It contains the regular BI you already know: the PRO-AM, sine-wave and momen-tum, but the X gives some new tweaks...
 
The Pro-AM has some changes on candle coloring and speech alerts, instead of bar coloring alerts for amateurs or pros, uses text above or below the candle. The coloring I added is mixing the Sinewave graph with colors on the bars, identifying support and resistance by color, instead of checking the Sinewave graph...
 
The Momentum only has some speech alert changes.
 
The Sinewave also has only some speech alert changes. But I did create a Multi Time Frame Sinewave, instead of having 3 charts for checking support and resistance, use only 1 chart and have all 3 timeframes plotted on the same chart. I suggest using the setting for the same type of period: all 3 time frames for ticks or minutes. I suggest ticks... Also for example, a fast time frame would be 500 tick, a normal timeframe 1500 tick, a slow timeframe 4500 tick.. this for the ES...
 
All these indicators will have a button on the chart's toolbar to enable or disable speech alerts. The same goes for their own indicator properties window, you need to enable speech alerts from there too.
 
Market Re-play add on.
The same add-on you saw on other thread, with the difference that it shows you in a textbox what the add-on is actually doing...
 
You know the drill ... if you have them in trial in NT, remove them from your system ... then put the educated ones on bin/custom folder... remember to copy the text to speech dll too...
 
hxxp://[email protected]/file/xhglsy
 
Play with it and enjoy!
 
-aquarius5

....................

Here it is.....cheap nex gen that few can trade....http://www.sendspace.com/file/bf2r31
 

I have posted requests to educate indicators and like to learn the process of educating. Any of our accomplished educators like to post a tutorial, I am sure other members won't mind learning and provide service to the community. :)

hi
here isx64 for 64 bit.
hxxp://[email protected]/file/3st9ef

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