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Search: Posts Made By: monpere
Forum: Traders Hideout May 10th, 2012, 06:21 PM
Replies: 91
Views: 52,408
Posted By monpere
Agreed. I used a poor choice of words. I...

Agreed. I used a poor choice of words. I personally use backtests to weed about bad concepts that have no chance of making money. If you have a backtest with good stats all around (and there are...
Forum: Traders Hideout May 8th, 2012, 11:30 AM
Replies: 91
Views: 52,408
Posted By monpere
Thanks again. I was expecting it to look the...

Thanks again. I was expecting it to look the same except at the extremes where the bounded version generally flattens out, but there seems to also be some differences in other areas as well. I'll...
Forum: Traders Hideout May 8th, 2012, 10:43 AM
Replies: 91
Views: 52,408
Posted By monpere
Thanks Fat Tails. I actually meant to say...

Thanks Fat Tails. I actually meant to say DoubleStochatics, but it looks like the behavior that I wanted. Would your changes apply just as easily to the DoubleStochastics?
Forum: Traders Hideout May 8th, 2012, 10:12 AM
Replies: 91
Views: 52,408
Posted By monpere
I have been searching for an unbounded...

I have been searching for an unbounded stochastics indicator that does not cap the values between 0 and 100. There is a formula on the Investor/RT website, but I cannot get it to work on NT. Give a...
Forum: Traders Hideout May 4th, 2012, 10:13 PM
Replies: 91
Views: 52,408
Posted By monpere
The forum is about opinion, I had no problem with...

The forum is about opinion, I had no problem with your first post, it presented your opinion. But you can present your opinion without belittling that of others. Tick charts, range charts, renko...
Forum: Traders Hideout May 4th, 2012, 08:02 PM
Replies: 91
Views: 52,408
Posted By monpere
So, apparently your method is the only that makes...

So, apparently your method is the only that makes money. If anyone uses tick/renko/range bars, they cannot possibly make money. Take a look at the chart in post #61 again, and tell me if that...
Forum: Traders Hideout May 3rd, 2012, 06:28 PM
Replies: 91
Views: 52,408
Posted By monpere
Maybe, but that strategy is not in my trading...

Maybe, but that strategy is not in my trading plan, I've never backtested it, so I would not trade it. Those trades are excluded by my rules so I don't take them. There may possibly be a gold mine...
Forum: Traders Hideout May 3rd, 2012, 08:45 AM
Replies: 91
Views: 52,408
Posted By monpere
Agreed on the info in the report. The operating...

Agreed on the info in the report. The operating word in the statement above is "Traditional". Those indicators used in other ways can be very effective. Here's my chart of yesterday's 6E, with my...
Forum: Traders Hideout May 3rd, 2012, 06:50 AM
Replies: 91
Views: 52,408
Posted By monpere
I personally believe a robust method works on any...

I personally believe a robust method works on any time frame any instrument.
Forum: Traders Hideout May 2nd, 2012, 08:57 PM
Replies: 91
Views: 52,408
Posted By monpere
That's been my personal experience, but you need...

That's been my personal experience, but you need to prove this concept to yourself. Never take the word of any trader that something works without question. It may not work for you depending on how...
Forum: Traders Hideout May 2nd, 2012, 06:39 PM
Replies: 91
Views: 52,408
Posted By monpere
Yup! If you are going to trade divergence, and...

Yup! If you are going to trade divergence, and you are going to take every one, you will probably be in trouble. You need a way to filter the good ones from the bad ones. There are certain...
Forum: Traders Hideout May 2nd, 2012, 06:25 PM
Replies: 91
Views: 52,408
Posted By monpere
Very true. You can get 3 or 4 failed divergences...

Very true. You can get 3 or 4 failed divergences sometimes. It generally happens in very strong impulsing moves. Some people trade double or triple divergences for this reason, ignoring the first...
Forum: Traders Hideout May 2nd, 2012, 04:23 PM
Replies: 91
Views: 52,408
Posted By monpere
Give that man a prize! Given the information...

Give that man a prize! Given the information available on that chart, the only way I personally would have traded that char is "1 = fast MACD divergence signal". For me personally that is the only...
Forum: Traders Hideout May 2nd, 2012, 04:13 PM
Replies: 91
Views: 52,408
Posted By monpere
If you are going to trade a mechanical method,...

If you are going to trade a mechanical method, you are going to have to define what "to the ema" means, 1 tick in front, 2 ticks behind, 3 ticks on either side, or whatever. However you define it,...
Forum: Traders Hideout May 2nd, 2012, 03:49 PM
Replies: 91
Views: 52,408
Posted By monpere
That is the issue that most do not understand...

That is the issue that most do not understand about trading a system mechanically. There are no nuances. If a signal meets all the rules, you trade it. You are not relying on the skill of sifting...
Forum: Traders Hideout May 2nd, 2012, 02:03 PM
Replies: 91
Views: 52,408
Posted By monpere
Depends on how "good" the chart "looks". Are we...

Depends on how "good" the chart "looks". Are we talking Angelina Jolie "good"? ;)
Forum: Traders Hideout May 2nd, 2012, 02:14 AM
Replies: 91
Views: 52,408
Posted By monpere
No, I manually follow strict rules that I have...

No, I manually follow strict rules that I have not been able to code. Mainly because the rules have pattern recognition of squiggly lines, and recognizing squiggly lines is not easy to code, even...
Forum: Traders Hideout May 2nd, 2012, 01:03 AM
Replies: 91
Views: 52,408
Posted By monpere
I have tried, but I've never been able to get the...

I have tried, but I've never been able to get the code to recognize the signals 100% correctly like my eyes can see them on the screen. The coded signals are probably only around 70% accurate, so I...
Forum: Traders Hideout May 1st, 2012, 03:28 PM
Replies: 91
Views: 52,408
Posted By monpere
When I was in Germany, and couldn't switch the...

When I was in Germany, and couldn't switch the GPS to english, it was wrong pretty much 100% of the time :becky:
Forum: Traders Hideout May 1st, 2012, 03:17 PM
Replies: 91
Views: 52,408
Posted By monpere
Sure, indicators can be absolute command, that's...

Sure, indicators can be absolute command, that's how I trade, that's what a strict mechanical method is all about. But, you have to verify that these signals have proven themselves historically over...
Forum: Traders Hideout May 1st, 2012, 01:24 PM
Replies: 91
Views: 52,408
Posted By monpere
Agreed about understanding any indicator that you...

Agreed about understanding any indicator that you use. You have to know each indicator's strength and weakness. MACD and stochastics are my bread and butter, but I don't use them in the standard...
Forum: Traders Hideout May 1st, 2012, 01:07 PM
Replies: 91
Views: 52,408
Posted By monpere
Everything sucks a certain percentage of the...

Everything sucks a certain percentage of the time, that includes indicators, pure price action, and any combination in between. Trading is not about a certain thing being always right or wrong or...
Showing results 1 to 22 of 22

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