My simple thing

[bettamania]

Comparison between Stochastic Signal (my version is the one on top with spectrum analyses) vs famous SMI (stochastic momentum index from TASC)

Haven't done the proper test but looks like able to replace RSI as it identify top and bottom and a lot more sensitive.



Have a good night everybody. You can auto block me, manual hate my post or do as you pleased! I am still actively in and out the market and keep creating a new tool or refurbished quality one

 

[Antirnator]

Have a good night everybody. You can auto block me, manual hate my post or do as you pleased! I am still actively in and out the market and keep creating a new tool or refurbished quality one

This is your thread. If I read it, I came here to learn something.

 

[bettamania]

Another GEM Trend Detection Index ( MH Pee)............ The Blast from the past

 

[bettamania]

First picture is Zero Lag EMA from Ehler-Way. Second picture is Hull moving average. Pay attention on the two lines i.e. the dot which is original hull and the full line is mine . The same hull concept but with less over speeding theme

Have a great night everyone

 

[tech/a]

Why are you messing about with Averages?

Most tell very similar things and are reactionary to the market
They don’t put you ahead of the game lag or no lag.
They will always be following whatever average you chose.
Todays price only forms part of n days prices reflected in
The average. Even a forward looking average which I’m surprised
you haven’t looked at doesn’t help.

They just don’t get you ahead of a move early enough.
Or out of for that matter

Ask yourself
What gives me maximum information about an instrument
I’m trading in the most beneficial timeline for me to make a decision?

And if your trying to make them fit in a system then like everyone else
who’s tried you’ll fail as soon as you live trade ir.

Put up 10 real-time trades and you’ll soon see why.

My motive here is the get you to maximise your time not waste it.

 

[bettamania]

Why are you messing about with Averages?

Most tell very similar things and are reactionary to the market
They don’t put you ahead of the game lag or no lag.
They will always be following whatever average you chose.
Todays price only forms part of n days prices reflected in
The average. Even a forward looking average which I’m surprised
you haven’t looked at doesn’t help.

They just don’t get you ahead of a move early enough.
Or out of for that matter

Ask yourself
What gives me maximum information about an instrument
I’m trading in the most benefici al timeline for me to make a decision?

And if your trying to make them fit in a system then like everyone else
who’s tried you’ll fail as soon as you live trade ir.

Put up 10 real-time trades and you’ll soon see why.

My motive here is the get you to maximise your time not waste it.

Thank you very much for your advise. One of my hobbies is to develop indicators and delve into a practical calculation that can be use in a real trading experience Averages are just like any other indicators. As the name implied (indicator) it guides us in our trading journey.

For larger timeframe system such as weekly and monthly averages or any smoothing methods have insignificant amount effect for the final result and you are right there. But start from daily to lower timeframe, I don't think you are right. In saying this , let me pick up an example from your TT system. TT turnover initially was from a simple average and changed into exponential average ( and the final testing result is much different for both method) or can we even ignore averages calculation (don't use any smoothing )lets calculate the turnover section ( but how can you do it?)and see the result in the testing section what would be the final cluster

With all due respect ( since you are the senior trader and has been sharing your parameters) as I don't want to be seen lecturing an experience trader; Allow me to give you another example. Below is a clear picture of Bband that I recently coded. Concept is exactly as describe in a book except a few wild ingredients that i put in. One is developed from a lower grade smoothing method and another is from 2nd tier gaussian equation. Can you tell the difference? Likewise I need to put a disclaimer, this is not a recommendation to buy and sell. So please do your own research (DYOR)! Do you even DYOR (2), bro?


Hope that explain

 

[tech/a]

DYOR
Did but rarely see anything new in the technical sphere

Playing around with indicators is something I think everyone who is a serious student of T/A does

Somehow we think we can improve on the Wheel
Truth is it doesn’t matter. You’re just playing with the curve.

When you actually trade you’ll understand how much time and effort your wasting

You seem to be adverse to putting up any trades?
Try it it’s liberating
Plus it may add to your discussion and feedback

After all I presume that’s why you post ?

 

[bettamania]

DYOR
Did but rarely see anything new in the technical sphere

Playing around with indicators is something I think everyone who is a serious student of T/A does

Somehow we think we can improve on the Wheel
Truth is it doesn’t matter. You’re just playing with the curve.

When you actually trade you’ll understand how much time and effort your wasting

You seem to be adverse to putting up any trades?
Try it it’s liberating
Plus it may add to your discussion and feedback

After all I presume that’s why you post ?

Let me break down your statement as tomorrow is my weekend
"Did but rarely see anything new in the technical sphere" depends! I mentioned in my post somewhere for machine language forum people are truly sharing and the person who create a content is often a programmer. As with this forum it is a shark pool. full by copy and pasting experts and bogus content creator. My post is one of evident that T/A is evolving and it is about learning and research and my apology for the unknown reason haters who can not get a hold of my materials. Take an example, anyone can talk smack about my material, make fun of it but have those people who say those bad thing have come up with something brilliant?
In short, I can only share if you share you material and unless you do the research together with me but very likely this is not going to happen.

"Playing around with indicators is something I think everyone who is a serious student of T/A does
Somehow we think we can improve on the Wheel
Truth is it doesn’t matter. You’re just playing with the curve."

This is an understatement. compare and contrast the car wheel in 1945 and current car wheel!. In short, every shape serves it purposes for its time

"You seem to be adverse to putting up any trades?
Try it it’s liberating
Plus it may add to your discussion and feedback
After all I presume that’s why you post ?"

I post only to play around in the forum especially after creating a new TS or indi. again if you read my post anyone who got TS or indies and wish to improve it you are welcome to post it here. My indies and and TS is a final product and it is not a shareware. I got no doubt regarding my trade or creating my own tools. You can also see my TS work on individual stock selection. Each time I post regarding individual stock with my TS I will put a disclaimer mainly I am not a financial adviser. Maybe in the future when I the time has come I will take RG146

Thanks