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Zondor,
Can you expand on how you are using these? What do you consider an entry/exit signal? What are your specific settings? Can you show some additional examples?
Thanks!
Can you help answer these questions from other members on NexusFi?
I confess right from the start of this blog that math and I are sworn enemies.
A very large number of people are enfatic with their support of the fibonacci sequence (the golden ratio), Elliott Wave's, Pivot Points, Murrey Math, and value areas/points …
@Zondor Is it possible to get a copy of your version of the SuperSmootherRoofingFilter? If not, I understand. I gave a thorough search for it, but came up empty. Thanks in advance.
Any thoughts out there on using SuperSmoothers based on time frames other than those on the chart, such as shown here?
The high and low pass limits of the MESA Stochastic used to be hard coded at 10 and 48, but on this particular chart they are 12 and 80. I don't think 10 and 48 are good as one size fits all values. Oscillators such as this can also be calculated on Any Time Frame.
As usual, the bars with highest average trade sizes prove to be worth watching as support/resistance areas.
"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
“Lack of proof that something is true does not prove that it is not true - when you want to believe.” -Humpty Dumpty, 2014
“The greatest shortcoming of the human race is our inability to understand the exponential function.” Prof. Albert Bartlett
Fellow traders,
Have you found an edge with the "Adaptive" indicators employing the "Hilbert Transform or the Homodyne Discriminator"??
From what I have seen they all lag when compared to their "std versions", even when I use half the calculated period, period/2.
Any input is very much appreciated. Maybe I am doing something wrong or there is a better Hilbert Transform out there...?
When I first started looking at trading as a hobby whilst working, I was on Tradestation and bought a multitude of indicators and packages because I thought that was where the secret holy grail was.
One of the packages I purchased was called Mesa from John Ehlers which was a programmers library in the form of a DLL and a default toolbox of adaptive indicators. You could also use the library to create your own 'adaptive' indicators. It wasn't anything special IMO and didn't work very well - seemed to have bugs. One time I found a problem in the library and after an email exchange he was unable to fix the problem and I eventually gave up. I suspect this was a package used to finance his new websites and projects.
I guess if the indicators and libraries were so great he would have made millions from his secret signal websites but he probably made more money from hyping adaptive indicators and systems which used 'rocket science' and selling those and doing lectures and seminars than from trading. I occasionally checked in on his websites and his signals seemed pretty poor.
For the Ehlers indicator package, wouldn't most of the code inside the OnBarUpdate in NT7 work without error in NT8? I do have many of the indicators already coded in NT8, but not the adaptive ones in the indicator package -- which look interesting. If anyone has already coded the package in NT8, then please upload.
