Here is the chart for today Nov 30th,
and this is the chart for Nov 29th,
Wednesday, November 30, 2011
Nov 29 and 30th indications
Today the signal produced for possible daily top came within the last 5 minutes of the market close on a very bullish day and were not taken as there wasn't enough time for the trade to work out.
Here is the chart for today Nov 30th,
and this is the chart for Nov 29th,
Here is the chart for today Nov 30th,
and this is the chart for Nov 29th,
Monday, November 28, 2011
Sunday, November 27, 2011
Tuesday, November 22, 2011
Nov 22nd Algo post
Below is the intraday long indications given by the algorithm for today Nov 22nd:
and yesterday Nov 21st,
and yesterday Nov 21st,
Friday, November 18, 2011
Nov 18th Algo Trades
Market choppiness has started to persist..... the push and pull between the bulls and bears can clearly be felt in the markets, and this puts many longer-term traders on the sidelines as they await some kind of trend to establish.
Anyways, today there is was a single indication from the algorithm to go long. It came at 1213.75 in the early hours.
Thursday, November 17, 2011
Today's Algo results
What a blood bath day.... the algo picked mostly bottoms of the days today, although it was a down day.... it showed sensitivity to the 10:35am top to call for top of day, but did not trigger a signal! Here are the long triggers for today:
As you can see signals work best with already established support and resistance areas.
As you can see signals work best with already established support and resistance areas.
Wednesday, November 16, 2011
RK Algo results
Here are today and yesterday's algo top and bottom picking indications.
You can see that the tops were picked almost perfectly, the bottom was picked after 3:30pm which is too close to the close to be taken as a trade because the market doesn't get enough time to play out the trade.
Today Nov 16th,
Nov 15th,
You can see that the tops were picked almost perfectly, the bottom was picked after 3:30pm which is too close to the close to be taken as a trade because the market doesn't get enough time to play out the trade.
Today Nov 16th,
Nov 15th,
Tuesday, November 15, 2011
An Indicator to Rule Them All
Finally after a lot of research, back testing, and some strenuous programming, I've drawn up the first version of this new market indicator... and I haven't given it a name yet..... suggestions are welcome haha
I don't think I'll ever consider any indicator, algorithm, or strategy complete, and will continue to evolve it make it better..... but for now I consider it workable.
Now a little background... this algorithm developed completely by accident when I was trying to figure out ways to analyse real-time tick data of all underlying S&P500 stocks so I could develop a long/short strategy involving all the 500 stocks.
This algo, originally meant for another purpose, started to pin point market tops and bottoms intraday which were tradable on the ES Futures. Sometimes it is so damn accurate at picking market tops and bottoms intraday that it's scary. BUT as I learned long ago in physics class, there are always times when a rule breaks down. For this algo, it happens to be market disruptions, for example huge news that hits the market during the day which causes most traders and more importantly computer algorithms which usually trade different strategies against each other to align and take the market in one direction without giving it a chance for correction. So as you may have already guessed, this is a counter-trend algorithm as it tries to pick an intraday market bottom or top before it actually happens.
So until I decide against it, I will put up my daily ES charts with markets at times of indication, exactly when they are given. Although I will be posting the charts after the day is over, I will NOT move or put in the indications after the fact.... they will be put in while I'm making trades, in real-time.
Also note that, the algorithm comes up with different "likelihoods" of reversal when it gives the signals, this will not yet be put on the charts. So you will only see the indications, but not the confidence level yet.
Below is the Nov 9th indications on the 1 Minute ES chart.
and Nov 10th,
Also, you will notice some trend lines and support and resistance lines are drawn during the day, as well as green up triangles and yellow down triangles... which is another one of my programmed indicators.
It is worth mentioning that there are days when NO indications are given, and I will probably not post these days' charts.... otherwise I'll try to keep posting the results here on this blog.... STAY TUNED FOR MORE.
I don't think I'll ever consider any indicator, algorithm, or strategy complete, and will continue to evolve it make it better..... but for now I consider it workable.
Now a little background... this algorithm developed completely by accident when I was trying to figure out ways to analyse real-time tick data of all underlying S&P500 stocks so I could develop a long/short strategy involving all the 500 stocks.
This algo, originally meant for another purpose, started to pin point market tops and bottoms intraday which were tradable on the ES Futures. Sometimes it is so damn accurate at picking market tops and bottoms intraday that it's scary. BUT as I learned long ago in physics class, there are always times when a rule breaks down. For this algo, it happens to be market disruptions, for example huge news that hits the market during the day which causes most traders and more importantly computer algorithms which usually trade different strategies against each other to align and take the market in one direction without giving it a chance for correction. So as you may have already guessed, this is a counter-trend algorithm as it tries to pick an intraday market bottom or top before it actually happens.
So until I decide against it, I will put up my daily ES charts with markets at times of indication, exactly when they are given. Although I will be posting the charts after the day is over, I will NOT move or put in the indications after the fact.... they will be put in while I'm making trades, in real-time.
Also note that, the algorithm comes up with different "likelihoods" of reversal when it gives the signals, this will not yet be put on the charts. So you will only see the indications, but not the confidence level yet.
Below is the Nov 9th indications on the 1 Minute ES chart.
and Nov 10th,
Also, you will notice some trend lines and support and resistance lines are drawn during the day, as well as green up triangles and yellow down triangles... which is another one of my programmed indicators.
It is worth mentioning that there are days when NO indications are given, and I will probably not post these days' charts.... otherwise I'll try to keep posting the results here on this blog.... STAY TUNED FOR MORE.
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