Spectral_Analyst

A statistically significant performance edge can be measured by looking at atleast 2-3 years of trades taken using a setup. What is the Maximum adverse excursion and favorable excursion of this method that you have described in this thread?

Edge = (Average Profit per trade)x (Number of profitable trades) - (Average Loss per trade)x(Number of Loss trades)

When this edge shows positive for a period of more than few years on a month to month average basis, we can say the method has an edge, or in other words, fibs move the market and the inefficiency is being spotted by this setup, which is giving it the edge.

Every trader has a jackpot trade once in a while, from a $6k win to a few Million dollar win, depending on the size you trade. Personally, i got couple of 170%++ gain trades couple of time, recent one being during the brexit and before that during the yuan devaluation. 8.5% gain on a trade while trading with 20x leverage. But that wont make my method a working setup. When i calculate my MAE, it goes to around 20% of my trade price, making it a high risk setup in a long run.

Hitting a home run and specifically dedicating a thread to it creates something called "Availability heuristic" which is a huge bias a trader fights with on a daily basis. Our memory of events may make us attach more importance to things than they actually are.

Not being too philosophical, only difference between science and religion is, science gives you complete data to test and establish facts, while religion shows specific cases where it was right, to enforce faith in its believers.

This method can be shown to have an edge by calculating MFE, MAE, Edge, Drawdown from all the MtoM trades taken in last few years than by analyzing a few selective charts and trades, till then its a on the other side of the line between science and religion.

Nonetheless, i appreciate the effort made in posting by the members.

Take care.

Any patch for the latest version of BM available guys?

Thanks in advance.

Please re-up part 7 thankss

 

Here are the 4shared links. These are 700mb in size (with exception to last file. I will see if I can find a way to break these down to smaller files for bullforever..but no promises.

 

http://www.4shared.com/rar/1VWU7fEM/Open_Trader_Pro_Trainingpart1.html

http://www.4shared.com/rar/xEPXGRU_/Open_Trader_Pro_Trainingpart2.html

http://www.4shared.com/rar/tueolZu6/Open_Trader_Pro_Trainingpart3.html

http://www.4shared.com/rar/8dcLcDky/Open_Trader_Pro_Trainingpart4.html

http://www.4shared.com/rar/-E3y8qNw/Open_Trader_Pro_Trainingpart5.html

http://www.4shared.com/rar/DxjGVazt/Open_Trader_Pro_Trainingpart6.html

http://www.4shared.com/rar/9_B00gU0/Open_Trader_Pro_Trainingpart7.html

Links are no longer working, can anyone share the working links pls?

Hey guys, am looking for this indicator:

https://www.bigmiketrading.com/elite-circle/31905-showmethemoneyflow-indicator-srgtroy.html

Thanks in advance !!!

http://www.zerohedge.com/news/2014-10-31/markets-explodes-bank-japan-goes-all-er-increases-qqe-jpy-80-trillion

Last week Goldman had predicted an ATH before 2015.

Nyse tick IS NOT BASED ON THE MOVEMENT OF THE FUTURE, SO NO SCRIPT CAN DO WHAT NYSE TICK DO!

 

This is the definition (http://www.mypivots.com/dictionary/definition/139/nyse-tick):

 

This is the NYSE Cumulative Tick. Most feed vendors source this figure directly from the NYSE where it is calculated every 6 seconds.

The $TICK represents the net ticks of all stocks on the NYSE.

The tick is the direction in which the price of a stock moved on its last sale. An up-tick means the last trade was at a higher price than the one before it and a down-tick means the last sale price was lower than the one before it. A zero-plus tick means the transaction was at the same price as the one before, but still higher than the nearest preceding different price. A zero-plus tick is not used in the calculation of $TICK.

If 500 stocks ticked up, 250 ticked down, and the rest remained unchanged then the value of $TICK would be +250. If 1200 stocks ticked down and 50 ticked up then $TICK would be -1150.

Day traders use the value of $TICK in timing when to enter long and short trades and when at extremes this is sometimes an indicator to exit a trade.

Great explanation iksak. But not to forget that $Tick can hit the upper extreme & market (S&P500) can still continue to rise a 10-20 point more. Interpretation of $tick, $trin, $tiki etc. and such breadth is not only subjective but also dependent on the data feed provider. When i last ran a comparison between IQfeed & esignal, there was a remarkable difference.

Best way to use the breadth market reading (which are over 40+ released by NYSE) is to combine them all into one unified oscillator like Suri Dudella has done. He invented a weighted cumulative average of all the breadth, & i saw in one of his presentations, real time predictions from the oscillator were leading.

Hello friends, am looking for this tutorial course:

http://www.tradingeveryday.com/MarketInternals.php

Please share if someone has it, thanks!!!

This post was edited by TRADERBEAUTY MODERATOR.

Spectral-

When you start to respect others ; I will continue this conversation with you.

Hey guys, i am looking for a free/cheap data feed that can provide me Excel DDE data for S&P 500 stocks in minimum 1 minute time resolution. As of now eSignal looks like a solution but its quite expensive unless one is looking for tick data.

Can you people suggest me any names?

https://www.sendspace.com/file/nef9rm

Thanks Santosh, it worked well.

The file Microsoft.Office.Interop.Excel.dll is missing.

In the file: AdditionalReferences.txt, you can always read a list of all additionally required files for specified indicator/strategy. You must have installed MS Excell, what is obvious. Find the folder on your local disk:

C:\Windows\assembly\GAC_MSIL\Microsoft.Office.Inte rop.Excel\

subfolder name depends on the Excel version installed. Anyway go into this subfolder (for example, for 2010 version: 14.0.0.0__71e9bce111e9429c\) and there you can find your missing file: Microsoft.Office.Interop.Excel.dll. Now you can copy it to the NT folder:

C:\Users\...\Documents\NinjaTrader 7\bin\Custom\

or change the reference to this dll, but I assume it can be more difficult task for you than described above.

Is it clear for you?

btw: Don't be surprised, but assembly sub folder is hidden.

Hey Admis, thanks man for helping. I still havent got it. Although i located the Microsoft.Office.Inte rop.Excel file, i cant open it to see the subfolder where the dll file is located.

Here is how it looks:

http://i.imgur.com/B8oHB1J.png

I am using Office 2013. Am i missing something?

I tried importing the BigMikeExcel.cs Indicator into NT. The indicator is from: https://www.bigmiketrading.com/elite-circle/7307-dionysus-xmas-present-ninjatrader-excel.html

When i try to compile the Indic i am getting the following error:

http://i.imgur.com/X7tca5E.png

Anyone can pls help me to resolve this issue.

PS: The indicator can be found here: http://indo-investasi.com/showthread.php/22699-Big-Mike-Indicators-Ultimate-Request-Response-Thread?p=342231&viewfull=1#post342231

As the first member to rally the troops against BM and his Naziesque way, I can't say enough thanks to all of you have brought that scam he's running to its knees. At first, he stayed up 24/7 following II and sending out takedown notices to every file service that shared files, but now, in a grassroots movement he could no longer contain, the files are where they should be--in the public domain which is where the original developers wanted them in the first place. Not locked up in a vault for paid "Elite" members.

Audaciously he wants people to donate $100 to be able to access those indicators. And now he is retired to the Caribbean with the profits he made through this BMT donations scam.

I appreciate the way BMT has been so organized & loaded with resources. But the policies adopted by this goose admin named "Big Mike" is against consumer rights. Unfortunately our talking here wont make much difference, he has already achieved what he wanted to.

http://ppt.cc/OH7B

 

pass: know

Awesome :) Thanks exp48967

Hello everyone,

Am looking for this indicator: https://www.bigmiketrading.com/elite-circle/7307-dionysus-xmas-present-ninjatrader-excel.html

Anyone can fetch me this tool would do me a great favor. Thanks !!