Recent content by bluewater18

Quote: Defined it with my indicator. It shows when a correction will happen. Therefor it shows the direction of the trend. Ok, here goes - Your indicator shows when a correction WILL happen (ie the future) AND Your indicator also shows the (CURRENT) direction of the trend (ie now) That's...

No, but I didn't pay any money for it.

Read that post back slowly to yourself. It makes no sense whatsoever.

Ged If I may be so bold, that's not quite what you said in a previous post on this thread. quote: "How many of the worlds best traders use automated sytems. Unless somebobys shows me im betting none." Are you now of the opinion that some of the world's best traders DO use automated systems...

Excellent. Nice one.

Greetings all I've developed four computer trading models based on "quantitative wave analysis" – the study of the mathematical relationships between momentum, price and the passage of time. The mathematical models identify future waves of price momentum, signalling key market entry and exit...

You may have missed my perhaps-too-subtle point. The point is, if you're building an algorithmic system, you need to program some numbers into your code to define a trend. It's not the indicators which are doing the work for you. It's the way you look at the price, be it through ATR, stochs or...

Thanks M That could be good news. By the way, do you know how I could move my stops directly into excel? They don't appear on the PRT results page unless they're hit. They're important because they're the only way I can measure risk on any given trade. Kind regards Bluewater18

You don't need an indicator to tell you that something is in an upward trend. You need only look at the price.

I can't believe I'm replying to this thread.

Shouldn't a good forex system also work on futures?

Quote (from the web link): "The ‘major’ currency pairs faired the best, which should have been no surprise to me as these pairs tend to trend the best and this system/experiment was aimed at only trading in strongly trending markets." Hi Davidee How do you define "trend the best" and "strongly...

Perhaps you should make it a rule to check your chart five times a day.

Backtesting appears everywhere. Weather forcasting, travel times, mortality rates, responses to advertising etc. The list goes on. It helps people and companies to know what they are likely to encounter in the future, based on past events. I see no reason not to employ a similar systematic...

Yes, manually. My therapist has advised me not to think about those weeks. Hey the future is totally in automatic systems trading themselves. Who needs to be looking at a screen 12 hours a day or even at a specific time each day?