This page is out of date, click "Tipster Trendlines" at the top of the page.
Trade directly from your Amibroker charts. This AFL code allows you to draw three lines on the Amibroker chart and place an error free trade. You must have Amibroker 5 or better, IBController (from Amibroker website), Trader WorkStation (TWS) and an Interactive Brokers (IB) account. I have not posted the code at this time, but for a small $20 donation I will send it to you.
Tipster Trendlines v2.1 from Another Brian on Vimeo.
Minggu, 19 April 2009
Selasa, 14 April 2009
Trading Rules
I got these "rules" off another site, same old stuff.... throw up a few rules, make them general, hopefully the reader will buy the course they are selling.
Buy low sell high [ya, OK.]
Do not assume support and resistance even if there is precedence; let candlesticks indicate market sentiment at anticipated levels and act accordingly. When in doubt, let the market test and retest price levels. [and then what do I do?... I watch smaller time frames, sometimes a tick chart....but that if I'm trading off the H1 or H4.]
Apply a moving average as a simple visual way of indicating trend then buy support or sell resistance in favour of the trend [and what time frame are we talking about here? And what moving average period? How about just using higher highs and lower lows? Works for me.]
Retail speculators often get the big picture right but get killed by volatility at the lower time frames; increases chances of success by following the big picture more and this is really about 15 minutes or higher. [I agree with this, just ask Ryan O'Keefe!]
To sum it up, play with the trend, follow the big picture and apply wider stops that are more tolerant. That will really save you from a lot of nasty whipsaws but you will get it right when price reverts to the mean. In terms of strategy, nothing beats a simple one so you can get it right even if you wake up on the wrong side of bed. [I agree with this to, but it's general and doesn't really help a new trader]
Anyone have any comments on these so called "rules" that are more guidelines than anything....
Here it is:
Buy low sell high [ya, OK.]
Do not assume support and resistance even if there is precedence; let candlesticks indicate market sentiment at anticipated levels and act accordingly. When in doubt, let the market test and retest price levels. [and then what do I do?... I watch smaller time frames, sometimes a tick chart....but that if I'm trading off the H1 or H4.]
Apply a moving average as a simple visual way of indicating trend then buy support or sell resistance in favour of the trend [and what time frame are we talking about here? And what moving average period? How about just using higher highs and lower lows? Works for me.]
Retail speculators often get the big picture right but get killed by volatility at the lower time frames; increases chances of success by following the big picture more and this is really about 15 minutes or higher. [I agree with this, just ask Ryan O'Keefe!]
To sum it up, play with the trend, follow the big picture and apply wider stops that are more tolerant. That will really save you from a lot of nasty whipsaws but you will get it right when price reverts to the mean. In terms of strategy, nothing beats a simple one so you can get it right even if you wake up on the wrong side of bed. [I agree with this to, but it's general and doesn't really help a new trader]
Anyone have any comments on these so called "rules" that are more guidelines than anything....
Sabtu, 11 April 2009
Tipster Trendlines - version 2.1
This page is out of date, click "Tipster Trendlines" at the top of the page.
The "free" version is no longer available. Go to the Tipster Trendlines 2.1 post for additional information.I've modified the code for my Amibroker interface to Interactive Brokers (IB) Trader Workstation (TWS). All the functionality is now on one pane.
The user puts three horizontal lines on the chart called "BS", "TA", and "ST". Bracket orders can be placed and the code will check to ensure the bracket is correctly setup. You can also disable this bracket order feature and place only a "BS" (Buy Short) with or without a stop or target.
The Risk display is only an approximation for forex, and I have not tested it for futures.
The menu's are all drop down now. Here are some sample screen shots. I'll make a video when IB is online, their server are shut down until Sunday evening.
The "free" version is no longer available. Go to the Tipster Trendlines 2.1 post for additional information.I've modified the code for my Amibroker interface to Interactive Brokers (IB) Trader Workstation (TWS). All the functionality is now on one pane.
The user puts three horizontal lines on the chart called "BS", "TA", and "ST". Bracket orders can be placed and the code will check to ensure the bracket is correctly setup. You can also disable this bracket order feature and place only a "BS" (Buy Short) with or without a stop or target.
The Risk display is only an approximation for forex, and I have not tested it for futures.
The menu's are all drop down now. Here are some sample screen shots. I'll make a video when IB is online, their server are shut down until Sunday evening.
Jumat, 10 April 2009
Better Video
I just signed up with Vimeo and uploaded version 1 of the Tipster Trendlines video. I think this site is better for this video since you can watch full screen and the quality is better.
Tipster Trendlines v1 - Amibroker and IB from Another Brian on Vimeo.
Tipster Trendlines v1 - Amibroker and IB from Another Brian on Vimeo.
Langganan:
Postingan (Atom)
