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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (9396)	6/6/1999 8:40:00 PM
From: NW_Trader	Respond to of 59879

Mark, Collin and any other WOW users - Good set of rules - believe I previously recommended Trading the Plan by Robert Deel, good for risk and money management. Here's a cut at the puzzler you sent me - didn't rain so took me longer <GG>. Think I like fibs better, but haven't really tested this yet. Think I've got the bugs out, but have only looked at a few charts with the lines added. Some thoughts on usage. Want to refine this to draw trend lines for next day, but haven't found time to figure if WOW can do this. And unfortunately in WOW, one can't specify consistent colors (like red for supports, green for resistance, etc), just whether the indicator will be a line, dots, dashes, etc. and then what the color of the first of a series of indicators will be - the rest are preordered (green always follows red, etc.) Plot each of these as an individual line within a named indicator (I've named mine PP w/ S & R (+1) - short for pivot points with support and resistance displaced forward 1 day). A work around for the color would be to select the colors for each line and then save the chart as a template. Another suggestion would be to have multiple indicators for each line or pairs (like pair S1 and R1) in one indicator. Anyway good luck all. Here's the coding. Each group should be added as a individual formula line and you may select the line type you like. You may and WOW will ignore anything within { }, but it is helpful to keep programing notes. { P = } ref((H+L+C)/3,-1) { R1 = (2P) - L = } 2ref((H+L+C)/3,-1) - ref(L,-1) { S1 = (2P) - H = } 2ref((H+L+C)/3,-1) - ref(H,-1) { R2 = (P - S1) + R1 = } ( (ref((H+L+C)/3,-1)) - (2ref(((H+L+C)/3),-1) - ref(H,-1)) ) + (2ref(((H+L+C)/3),-1) - ref(L,-1) ) { S2 = P - (R1 - S1) = } ref((H+L+C)/3,-1) - ( (2ref(((H+L+C)/3),-1) - ref(L,-1)) - (2ref(((H+L+C)/3),-1) - ref(H,-1)) ) You can try to cut and paste this to WOW, but if you get syntax errors, look for any "bent arrow" symbols at the end of lines and replace with carriage returns. Peace and Justice --- Patrick

To: TATRADER who wrote (9396)	6/6/1999 9:49:00 PM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

Mark, I have that one and should read it more often. Seems one way I am trying to force rules is to log each trade. For starters set a limit on the number of trades for the day. If you can't make money on your first 5 trades (in the morning when your odds are best), you think you'll mentally improve during the day and do better?? This forces each trade to be treated seriously.. as soon as you reach 5.. maybe 10, you are done. The log sheet should incorporate most of the rules you know you should abide by. If you have to log the intraday oscillator reading, I think you'll buy less flagpoles (Mark, I know you have licked this one). Also entry price, planned exit, stop price.. etc. Believe me if you can faithfully use the log, there will be less mystery losses. ASYT, BDE, ADAM, SFO, BEAM, CVE, DANKY, EXCA, GALT, GCOM, SCNYA.. PC troubles tonight so will spend more time on these tomorrow.. Rashid

To: TATRADER who wrote (9396)	6/6/1999 10:06:00 PM
From: Rashid Garuba	Respond to of 59879

Mark, TRID also