Sorry, I have been trying to get to where I am free to write more per day, but I am terribly busy at the moment. Here is a screenshot showing three trades from today, with text annotations. Here, I’m using the bid/ask histogram rather than the volume splitter… just because this is an eotpro ad and the bid/ask histogram is available today.
As usual for me lately, this ad makes the point that you can’t avoid losses. What you can do is work to keep them small relative to your gains. Here we have 2 wins and 1 loss that nets over 4 points per contract. Not bad!
July 30th, 2008 at 7:49 pm
Darn, I needed my Splitter fix today ;)
August 1st, 2008 at 3:59 pm
Hi Richard,
I love this trading chart, It’s very visual and straight forward!
Question, What triggers a color change in the Volume Histogram? Obviously crossing the zero line will cause it, but I can’t figure out what the trigger is when the histogram stays on the same side of the zero line.
Can a subscriber modify the inputs on when color changes?
Are the functions for all of the indicators on your chart available in the elite series? Ideally, I’d like to try this trading method in an auto strategy.
Nice work, Rich
August 1st, 2008 at 4:34 pm
The rank sum test colors it, and the code is on the forums, so you can alter it however you like.
Everything in the elite series has a function.
Good luck!