I've notice that , too. Irritating. Don't know how to stop it from doing that. When I encountered it, I just expanded the chart until it looked as it should, however, you lose some info on the left hand side by doing that.
After all, it's what you learn AFTER you know it all, that counts!
Glad to have you back. This forum and thread is a steal at nothing more than the cost of a donation.
Personally, I tried the HG with real money and it worked great when it worked (trending days) and was expensive (during non-trending days).
I don't want to be a negative nancy, but when you look at the chart at the end of the day, it appears that HG "caught" the move, but in reality, it's the same story as always, and that is that indicators LAG and it gives far more failed entries that successful ones. Again, this is due to time of day and of course chop. So a filter for time needs to be put in and maybe the introduction of Tick/Trin? (which would require a feed of course)
Now on the other hand, it will save the untrained eye a lot of strain by "indicating" possible entry points, etc. But let me be clear, this is not a predictive system. I tried it with real money on a few markets and I found that a 5m Dual MA (7/14) performed the same if not better on the trending days. If you back test this, it peforms on par with a standard ma system.
Finally, with the success of the system as it relates to the interest in this forum, how long before it begins to dilute?
I'm finding best results from trading only during periods and also during certain market conditions. Tick/Trin validation before entry has saved a lot of money by not taking moves that didn't follow through.
Also, trading multi-lots is also beneficial because the system tends to give ticks early and fast when it gives them and if you got the trade right, leaving a lot to run really pays well.
Thanks again and I hope you are feeling better.
The following 2 users say Thank You to trade2win for this post:
You're not being negative, I asked for real experiences (sim or real money) trading this and you're the first person who has given real feedback. No indicator based system is going to work all the time. Usually examples show a trend day. On a trend day you can buy pullbacks, breakouts, anything you want and still make money. It's like swing trading in a powerful bull market.
Thanks for your feedback. I agree about adding TICK & TRIN. I use TICK for my daytrading and TRIN for swing trading. One thing I would like to see here is the use of breadth data instead of more and more indicators.
The following user says Thank You to cunparis for this post:
I use breadth data in my trading. The chart shows a 3 Min. histogram of $UVOL- $DVOL ( TradeStation symbols). I have two lines plotted.....at 150,000 and 300,000. Anything under 150,000 represents light volume and quite probably range bound movement. Once we get over 300,000 there is usually a significant trend.
The following 2 users say Thank You to richsan for this post: