Mar 31

Check this out… I think it’s pretty interesting.

I’ve made a generalized Alla’s Average, which:

  • you can apply to any data series
  • you can use in code, and backtest against
  • you can speed up and slow down, just like with other moving averages

This opens up many possibilities. For instance, I took a couple minutes and threw together an Alla’s MACD, and at first glance that looks pretty cool. Basically, now you can use Alla’s Average anywhere you would use a “standard” moving average type, and see what happens.

Watch this post's video on Youtube

Mar 31
Mar 30

I’ve finished the coding for the initial offering of eotpro elite series functions. These are building blocks for customized indicators and strategies based on eotpro technology. I’ve been showing off some of the things they can do over the last few videos, and here I show yet another set of cool possibilities. And the best part is, I haven’t even showcased everything that’s in there. No, wait… the BEST part is that the set of functions offered is only going to grow larger and more interesting over time. I plan to keep it updated as I write utilities for myself in the course of developing strategies and custom indicators.

I should be back to talking about my trading more soon, now that this initial effort is winding down. In general, I’ve not bothered to post about normal days. You know, days where I pick up 2 to 4 points and then take the rest of the day off. :-) I have been, and always will, post about any losses, so you can see that it happens to everyone.

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Mar 28

Here’s a profit taking indicator I’m working on, in relation to those s/r lines I talked about in last night’s post.

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Mar 28

I’ve been playing with Murray Math support/resistance lines… there was code available out there, but I didn’t like two things about it. First, it drew the lines as Trendlines, rather than normal indicator plots. Why is this bad? Well, for one thing, you can’t see what the historical values were, since updated levels blow away the previous ones. So, if you are trying to figure out how/if/why they work, you can only investigate in real time. For another thing, the trendlines go right through the numerical readouts, making them hard to read, as far as I’m concerned. The other main issue, as I mentioned in today’s video, is that I hate it when support and resistance lines don’t fall on actual tick values. How the heck can there be support at 1335.94??

So, I made a modified version that addresses both of these issues. It rounds the levels to the nearest tick, and plots the lines as normal, history-preserving indicator plots. If I find these useful, I will make a function as well, so that these support and resistance lines can be used from strategies or other custom indicators.

Here’s a before and after shot. You can see that, apart from the rounding and my color choices, they look very similar. So, I’ve lost nothing and gained plenty by this work.

Before picAfter pic

Mar 27

I ended up making a video today, after all! Here I show off even more functions that I’m pulling together from bits of indicators and strategies I’ve written for myself and for others. They are building blocks that are useful by themselves, but also make doing your own custom programming easier. They will be released through eotpro soon.

Sorry if I sound tired… it’s because I am. The coding for the initial offering is almost done now… then I have the joy of creating the documentation for them all. yuck!

Watch this post's video on Youtube

Mar 27

Wow, what a hard day for me. I made three trades for three losses (total of 7 points lost per contract). Not a big deal, but pretty frustrating. I didn’t make a video today because this website was down most of the day (problems with my webhosting company, I assume). But, it looks like things are back up, now. Good! I’ll be back tomorrow with more cool stuff to show you.

Mar 26

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Mar 25

Some functions and indicators that I’m working on for tradestation and multicharts. These will be released through eotpro soon, and are building blocks for customized indicators and strategies. They are common things that either I use or that people ask me for, so these make it easier and faster to put together common ideas.

Watch this post's video on Youtube

Mar 25
Mar 20
Mar 19

This will probably be my last post of the week. I will be on vacation until Monday. Sorry posting has been light, this week, but I’ve had lots of things to do to get ready for my trip! I’m still not packed…

Anyway… here’s yet another reason to be jealous of bountiful barb’s bars:

Barbs Bars 3/19

(which, if you are new around here, is a prototype eotpro indicator. The idea wasn’t mine.. I just helped with the code, and have been tweaking it).

I made a trade early (a long trade, if you can believe it!) for a win, and then called it a day to tend to other matters.

I got a lovely email from a long-time blog reader today. Seems he is using my old Quotetracker paintbars along with some other indicators, and making nice money. That’s great news! I’m always glad to hear when people have made money using ideas they got here.

Mar 19
Mar 18

I have my normal Tuesday outings today, so may not trade or post much. But, check out Barb’s Bars from yesterday:

barb’s bars 3/17

a work of art! I made an additional tweak that it will only give a buy signal on an up bar, and a sell signal on a down bar. I still am not specifying a direction for the gvolume oscillator… only a range it should be in.

Mar 18

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