Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
One/TWO
My scanner has only 40 stocks to filter and that is due to IB restriction ..As a result I am only getting few signals from TS .. Perhaps 1 to 3 signals ( some of them only generate around 15C only ) ... My main scanner is being looked into as it has leaking problem .. The more stock in your data base the more signal ..
I think Trader333 gets more signal than me.. He has moved on to another data vendor and uses a stand alone application..
My scanner has only 40 stocks to filter and that is due to IB restriction ..As a result I am only getting few signals from TS .. Perhaps 1 to 3 signals ( some of them only generate around 15C only ) ... My main scanner is being looked into as it has leaking problem .. The more stock in your data base the more signal ..
I think Trader333 gets more signal than me.. He has moved on to another data vendor and uses a stand alone application..
Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
Just one point to my younger fellow traders.
The break out rule in technical analysis says..
THE MARKET NEARLY ALWAYS BREAKS OUT IN THE DIRECTION OF PREVIOUS TREND ( ..
Today the market is weak and was down by 40 Points when it first opened.. it is more likely for market to slip further down than move to positive territory.. The rule above is not 100% and I do not know what the probability of the above statement is but it is more true than false.. So if you want to take a position you would be better off to trade in the direction of the previous trend> this is why I have taken the short signals from my VWAP scanner and not LONG ..
Plz don’t tell me in such a such a date market was down 70 points and by the end of the day was 200 up… I understand all these .. We ,as traders are interested in statistical edge and not few samples of mis behaving ..
DOW currently 58 points down
The break out rule in technical analysis says..
THE MARKET NEARLY ALWAYS BREAKS OUT IN THE DIRECTION OF PREVIOUS TREND ( ..
Today the market is weak and was down by 40 Points when it first opened.. it is more likely for market to slip further down than move to positive territory.. The rule above is not 100% and I do not know what the probability of the above statement is but it is more true than false.. So if you want to take a position you would be better off to trade in the direction of the previous trend> this is why I have taken the short signals from my VWAP scanner and not LONG ..
Plz don’t tell me in such a such a date market was down 70 points and by the end of the day was 200 up… I understand all these .. We ,as traders are interested in statistical edge and not few samples of mis behaving ..
DOW currently 58 points down
Last edited:
Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
I use Metaserver to import data from IB into TS and on TWS you can only have 40 active market data at any time.. You can however have up to 24 trading pages but only 40 of your stock be having data..
I think I am right. Others might know more..
regards
I think I am right. Others might know more..
regards
BlueChip Trader
Active member
- Messages
- 165
- Likes
- 4
Grey 1, Trader 333,
Thank you both for taking time to share your trades and strategies in some detail.
Thank you both for taking time to share your trades and strategies in some detail.
Trader333
Moderator
- Messages
- 8,753
- Likes
- 1,026
one/two,
I monitor around 160 stocks on a continuous basis throughout
the day. To say how many signals I get is difficult to answer as
it is not just VWAP that I consider but a number of other things
as well. The number of signals that turn out to be fully tradeable
is around 5 to 6 but I normally would only make around 3 to 4
actual trades and I am currently in a Short trade on ISIL from $28.78
Paul
I monitor around 160 stocks on a continuous basis throughout
the day. To say how many signals I get is difficult to answer as
it is not just VWAP that I consider but a number of other things
as well. The number of signals that turn out to be fully tradeable
is around 5 to 6 but I normally would only make around 3 to 4
actual trades and I am currently in a Short trade on ISIL from $28.78
Paul
Trader 333
are the final filters completed on a discretion basis or set to programmable basis?
thanks for all your comments.
Grey1
the low got made in the first HALF HOUR, from my memory you consider this period to give weak signals.
did this have any impact on your day??
are the final filters completed on a discretion basis or set to programmable basis?
thanks for all your comments.
Grey1
the low got made in the first HALF HOUR, from my memory you consider this period to give weak signals.
did this have any impact on your day??
Last edited:
Trader333
Moderator
- Messages
- 8,753
- Likes
- 1,026
The IB limit of 40 signals is via the API so it will not work for more,
I think that Boy is talking about data displayed in TWS and not
via the API.
one/two,
There is some discretion but this is because I havent figured a
way of programming it into Tradestation yet.
Paul
PS I closed my ISIL trade at 8.13pm at a price of $28.37
for + 41 points
I think that Boy is talking about data displayed in TWS and not
via the API.
one/two,
There is some discretion but this is because I havent figured a
way of programming it into Tradestation yet.
Paul
PS I closed my ISIL trade at 8.13pm at a price of $28.37
for + 41 points
DeltaComet
Newbie
- Messages
- 1
- Likes
- 0
@ grey1
I know i´m two years too late but i saw this thread only yesterday.
but now my question:
why did you short yhoo first at 48.70$?
the tenth bar was over the upper band too.moreover the macci was over the blue line.
why not the short-entry at this point?
http://www.trade2win.com/boards/attachment.php?attachmentid=4995
I know i´m two years too late but i saw this thread only yesterday.
but now my question:
why did you short yhoo first at 48.70$?
the tenth bar was over the upper band too.moreover the macci was over the blue line.
why not the short-entry at this point?
http://www.trade2win.com/boards/attachment.php?attachmentid=4995
