Camarilla Equation + Calculator

This is a discussion on Camarilla Equation + Calculator within the Trading Software forums, part of the Commercial category; Anyone heard of or used the above calculator? Is it just a pivot calculator which produces similar results to many ...

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Old Jun 11, 2003, 6:36pm   #1
 
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Camarilla {b} Equation Calculator

Anyone heard of or used the above calculator? Is it just a pivot calculator which produces similar results to many freely available on the net?
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Old Jun 11, 2003, 7:19pm   #2
 
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When I looked at a chart with the points plotted it looked very much like adjusted pivot points. There seems to be several services that take pivot points, add or deduct a few points, call it by a fancy name and sell it.
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Old Jun 20, 2003, 12:39am   #3
 
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have heard of it, used it and it seems remarkably good interms of its acurracy. I use it because i like to have a degree of confidence in a market move and i dont like to spend all day looking at a screen and so use limits and stops to open and close. The Original Camirilla equation is remarkably good for trading the open, especially on the dow, for quick and often enough substantially profitable trades. If your smart enough, you can work out the formula behind the original equation as its not as complicated as `they` try and make out I`m still trying to work out the {b} formula as id like to save the money if i can! In my experience, though both formulas spell everything out for you on an intraday basis, you still need discipline and ned to know your market inorder to avoid getting stopped out unnecessarily. In a nut shell its a simple and pretty neat system in my opinion. Its made me more than its cost me and seems to reduce the level of my exposure time wise pretty consistantly as long as i follow the rules.

There is also a website that gives you the original equation levels for the dow for free.
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Thanks! The following members like this post: victor123
Old Jun 20, 2003, 12:47am   #4
 
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Quote:
Originally posted by rocwell
There is also a website that gives you the original equation levels for the dow for free.
Do you have the link for this? I know there was also quite a long thread on Elite about Camarilla.
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Old Jun 20, 2003, 1:01am   #5
 
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www.surefirething.com
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Old Jun 20, 2003, 1:07am   #6
 
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Yep. The link is http://harrytrader.membres.jexiste.o...home.html.html

I will send you the password if you send me your e-mail address. I know that it is a subscribers site but he gives the password out without charge at the moment to those who had joined before May this year. To illustrate the point about accuracy, i have just checked his calculations and you would have expected a reversal in the dow at 9313.9. By my calculation it was 9318. As I was out by a few points i missed the large sell of on the dow but i didn't go long at the open thanks to the formula! The formula gives you an idea on where to place a stoploss as well and today, if you went long, (which i didnt cos i kind of understand the dynamics of the DOW as a market--- always important to know your market!) i would have been stopped out for a 25 point loss. Might sound a lot but the certainty makes it something i dont mind stomaching!
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Old Jun 20, 2003, 1:09am   #7
 
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Re: above. I Say subscibers i supose i mean members as there is no charge to anyone yet..........
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