sandjco 648 posts msg #147712 - Ignore sandjco modified |
5/8/2019 12:04:33 AM
Thanks Cheese! I think the blind squirrel found a nut there! Still trying to figure who is my friend...
Yes, HV is the volatility (haven't really completely figured out is effective usage)
set{HVHi, Historical Volatility(34,1) 233 day high}
set{HVLo, Historical Volatility(34,1) 233 day low}
set{HVrange, HVHi - HVLo}
set{HVdiff, Historical Volatility(34,1) - HVLo}
set{HVRank1, HVdiff / HVrange}
set{HVRank, HVRank1 * 100}
add column HVRank
draw HVRank line at 55
and yes, rank is just my trying to count the dips...which as you can see there isn't a strong correlation so it is a work in progress.
Thank you (and the other "regulars" by the way for all your ideas that you guys share.
I've been here for more than a year and it is amazing that I still have so much to learn (and still a crappy coder!).
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Cheese 1,374 posts msg #147716 - Ignore Cheese modified |
5/8/2019 9:54:31 AM
sandjco, thanks for the explanations.
You may want to take a look at this Guppy Oscillator by chetron
https://www.stockfetcher.com/forums/Filter-Exchange/MMA-Indicator/34384/10
Happy trading.
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Cheese 1,374 posts msg #147718 - Ignore Cheese |
5/8/2019 10:21:33 AM
sandjco, signals from this version of chetron's guppy oscillator may be more aligned with shorter-term decision support. Happy trading.
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sandjco 648 posts msg #147722 - Ignore sandjco |
5/8/2019 12:50:53 PM
Thanks Cheese!
Here is my iteration; as im visually challenged (jk), I am constantly trying to find ways to make the info I have shown in simple terms to reduce the stress on my limbic brain! Still trying to simplify to find what works and what does not work for my own style and reduce "gut" type decision making when entering or exiting trades. I exited the last of my QQQ puts arbirarily instead of letting a signal (maybe EMA cross) based on "feel".
The same "feel" told me to go long in Dec but waited for the indicators to support and missed good entry points.
But I am doing my best to think that it was a bet (my choice) that I preferred not to take and the next bet(s) should be independent of the previous bet. From the book "Thinking in Bets" (I think shared by four).
I've been trying to sort which indicators (kinda like trying to date multiple babes) that works for ME (guess that is where the "art" of trading comes in - same indicator but seen different ways by different traders) and then simplifying the progressions I go thru in taking a trade.
Ultimately, I would love to be able to just use price and volume action to enter/exit.
Again, thank you and eveyone who has been so kind to help me with my journey.
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Cheese 1,374 posts msg #147724 - Ignore Cheese |
5/8/2019 1:40:25 PM
Thanks, sandjco. Nice filter.
I am not new to sF but I am still a newbie at trading so your thread resonates with me.
I've got good info like the 2/3/5 progression from your thread, and I can relate to
the challenge of finding profitable trends.
Good trading to you and everyone.
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sandjco 648 posts msg #147743 - Ignore sandjco |
5/9/2019 8:40:44 AM
where to next?
or is it letting expectations lead to belief?
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sandjco 648 posts msg #147747 - Ignore sandjco |
5/9/2019 11:53:52 AM
Spoke too soon I guess. Opened SQQQ and SMH puts at open but will use EOD.
Since I'm a virgin with options as well...in hindsight, maybe my stop should have been at 50% and letting the profits run but with stops in place.
Who knows if this retracement will be like the one in late 2018 which was lit by another Trump tweet?
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sandjco 648 posts msg #147760 - Ignore sandjco |
5/10/2019 8:21:22 AM
SQQQ
SMH
Maybe I read the tea leaves wrong...
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sandjco 648 posts msg #147787 - Ignore sandjco modified |
5/14/2019 8:26:26 AM
There she goes...
Now comes...when to get off the wagon
question:
how do i script this line:
- average volume(30) * 50% = x (i think this is: set {V, average volume(30) * .50)
- draw V on volume plot
i don't know how to do the 2nd line. Thank you
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xarlor 644 posts msg #147788 - Ignore xarlor |
5/14/2019 2:40:11 PM
sandjco, this is the best I could do:
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