If Fat Tails is Great, than what does tht make this man?
Who hands over a method that took 5 years to perfect and then in addition, pays out of his own pocket to multicast a trading room for free to anyone and everyone anywhere in the WORLD!
God bless you sir....
The following 2 users say Thank You to bobbyacim for this post:
Saw this on another thread. There is no setting for the ZIG ZAG to "calculate on bar close" but there is a setting that is
"use high low". Setting it to false gives more swings but makes it easier to see the close highs and lows when evaluating if candle closed higher or lower than the previous swing.
You may have issues with it. Try Show 1, Span 2 and Use High/Low: False
Last edited by wireford; August 4th, 2011 at 03:48 PM.
Trend I was thinking the same thing. Yes I sim traded it on the ES and NQ and it was remarkable! I was using your same tick chart settings you posted and Charles' money management although the 12 tick stop may be too close some days on the TF and NQ but not today.
The following 2 users say Thank You to longboat for this post:
There is an indicator named RANGE in Ninja which i use to have an idea how many ticks each bar contain on average. I apply an EMA to it to get an average. If the 6E produces on average 10 ticks per bar and the objective is 20 ticks then i do the samething on the other symbols to match it. So if the ES produces on average 6 ticks per bar then my objective should be at the minimum 12 ticks to match the 6E aspect ratio. That's an estimate but it helps to keep it in line with what we do on the Euro.
The following 4 users say Thank You to trendisyourfriend for this post:
You've been kind enough to share your percent winning trades stats in the room. I have been looking back on the charts this weekend and I see many decent trades that do not achieve 21 tick targets. I wonder if you would be willing to let us know what % of your winning trades are 21 tick winners versus smaller winners. It might help me do a better job of envisioning trade management for this method.
The following user says Thank You to drmartell for this post: