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Justin's Playground

  • #2,241
  • Aug 16, 2019 10:24am Aug 16, 2019 10:24am
By the way, I strongly believe Mr. D has finally blown his account and disappeared from FF.....
Goodbye Mr. D too!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,242
  • Aug 17, 2019 5:55pm Aug 17, 2019 5:55pm
You should read this super honest posting from Hilmy83. It makes me think a lot of trading....................... Whoever saying trading is easy is a liar. Trust me.
https://www.elitetrader.com/et/threa...334231/page-15
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,243
  • Edited 8:07pm Aug 20, 2019 4:57pm | Edited 8:07pm
Murphy's Law: Whenever people post TE, their strategy/edge starts demise....... I don't know why but it's interesting phenomenon. I stopped posting my TE before I get embarrassed.....
Let me see if this user can defeat this law: https://www.forexfactory.com/6200tra...st-ticket.3030
To be honest, I strongly suspect if I can ever come across consistently profitable traders in FF.........
FF is now just for calendar and occasional entertainment for me. It cannot be serious.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,244
  • Edited 2:50am Aug 23, 2019 2:36am | Edited 2:50am
Quoting heispark
{quote} Decision's made. I am going back to Futures, Nasdaq exclusively. It will be done during next week. My broker will be AMP Futures (I need to use CQG). Goodbye Forex, Goodbye Dukascopy~~ {image}
I am back to Futures, /NQ or /MNQ (micro Nasdaq) exclusively. Believe or now, I think I've become an one minute scalper for some reason. Now I feel much comfortable..... I won't go back to Forex for good.
By the way, to catch short term momentum, 1 minute or 30 second charts are excellent. It's not doable in higher TFs such as 1H or 4H.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,245
  • Aug 26, 2019 6:42am Aug 26, 2019 6:42am
Quoting heispark
{quote} Cumulative Delta vs. OBV (On Balance Volume) They are similar. https://www.elitetrader.com/et/threa.../#post-4891547 {image} When applied 3 period of EMA to OBV: {image} Cumulative Delta: This is the cumulative sum, over the data in the chart or the trading day, of the difference between the Ask Volume and the Bid Volume, displayed as High-Low CandleStick bars. This is commonly known as Cumulative Delta in many trading forums on the Internet. This study requires data from a Data or Trading...
I like MotiveWave platform. It supports Mac natively and contains tons of tons of features with elegant and intuitive interface. Although V6 beta has some bugs to fix, I think this will be my next trading platform. It makes Thinkorswim shy.....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,246
  • Aug 27, 2019 1:40am Aug 27, 2019 1:40am
Klinger Volume Oscillator

I like it......
https://www.investopedia.com/terms/k...oscillator.asp
https://www.daytrading.com/klinger-volume-oscillator
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,247
  • Edited 5:32am Aug 27, 2019 3:24am | Edited 5:32am
Quoting heispark
VWAP - Volume Weighted Average Price https://youtu.be/Bun01FUhDS4 https://youtu.be/6R56OPeBrGg https://youtu.be/wXlDe8aLRjw https://www.investopedia.com/terms/v/vwap.asp https://tradingsim.com/blog/vwap-indicator/ https://www.fxstreet.com/education/v...e-201603170000 http://www.tradesight.com/tradesight...-forex-trading {image} {file} {image} https://www.earnforex.com/forum/thre...0/#post-110932...
See how VWAP is respected. Exchange based products have better edge on volume study than Forex. That's one of the reasons I like Futures.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,248
  • Aug 28, 2019 7:00pm Aug 28, 2019 7:00pm
Quoting heispark
{quote} I like MotiveWave platform. It supports Mac natively and contains tons of tons of features with elegant and intuitive interface. Although V6 beta has some bugs to fix, I think this will be my next trading platform. It makes Thinkorswim shy..... {image}
The latest template. I have decided to buy MotiveWave once v6 is released. I've made some feature requests though public forums and they implemented my requests very quickly. They have a fabulous development team. I'm impressed.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,249
  • Aug 28, 2019 11:14pm Aug 28, 2019 11:14pm
Quoting heispark
{quote} Order flow point of view.... (Delta volume) Doesn't look have big sellers. {image}
Revisiting orderflow concept...... I think it can give me an extra edge......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,250
  • Aug 31, 2019 5:35am Aug 31, 2019 5:35am
I am ditching TradingView. MotiveWave can replace this. TradingView is very poor as an execution platform especially when you are a scalper. I bought two years of Ultimate Edition license of TradingView. Money wasted.... Goodbye TradingView~~
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,251
  • Edited 9:31pm Sep 1, 2019 7:34pm | Edited 9:31pm
Quoting heispark
{quote} Cumulative Delta vs. OBV (On Balance Volume) They are similar. https://www.elitetrader.com/et/threa.../#post-4891547 {image} When applied 3 period of EMA to OBV: {image} Cumulative Delta: This is the cumulative sum, over the data in the chart or the trading day, of the difference between the Ask Volume and the Bid Volume, displayed as High-Low CandleStick bars. This is commonly known as Cumulative Delta in many trading forums on the Internet. This study requires data from a Data or Trading...
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,252
  • Edited Sep 3, 2019 4:57pm Sep 2, 2019 8:08pm | Edited Sep 3, 2019 4:57pm
Free audited journal service such as Myfxbook or Forexfactory Trade Explorer doesn't exist for futures traders. Most famous one is Tradervue but it's not audited and can be manipulated by user anytime. The cost is also expensive. Journalytix from Zigsaw is also similar. I tried 14 day free trial of Journalytix but soon gave up. I don't want to pay $519 / year ($399 for Journalytix + $120 for CQG additional account) only to get trade statistics. Its technology also seems not very stable. CQG is excellent in trade execution but it's almost rubbish in trade history data.....
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http://help.journalytix.me/index.htm...g-started.html
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,253
  • Edited 2:57am Sep 3, 2019 2:32am | Edited 2:57am
Quoting heispark
Free audited journal service such as Myfxbook or Forexfactory Trade Explorer doesn't exist for futures traders. Most famous one is Tradervue but it's not audited and can be manipulated by user anytime. The cost is also expensive. Journalytix from Zigsaw is also similar. I tried 14 day free trial of Journalytix but soon gave up. I don't want to pay $519 / year ($399 for Journalytix + $120 for CQG additional account) only to get trade statistics. Its technology also seems not very stable. CQG is excellent in trade execution but it's almost rubbish...
If I don't need real-time statistics, I can import it when I don't trade during the day. In this case I don't need additional CQG connection and save $10/month. I will turn on my PC all day (otherwise you need a VPS) if I want real-time statistics. It's fast and convenient actually. I also like News Squawk. It's something like voice reading of Tweets but the quality is very good. $399/year.... tempting now.....
First test. I made $30....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,254
  • Edited 9:32pm Sep 3, 2019 7:05am | Edited 9:32pm
Quoting heispark
{quote} If I don't need real-time statistics, I can import it when I don't trade during the day. In this case I don't need additional CQG connection and save $10/month. I will turn on my PC all day (otherwise you need a VPS) if I want real-time statistics. It's fast and convenient actually. I also like News Squawk. It's something like voice reading of Tweets but the quality is very good. $399/year.... tempting now..... First test. I made $30.... {image}{image}{image}
So far..... commission's not included..... I think my broker is making more money than me.....
I will update this statistics with accurate commission applied tomorrow.
Anyway, fun scalping exercise....
Attachment g
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,255
  • Sep 3, 2019 4:57pm Sep 3, 2019 4:57pm
Quoting heispark
Free audited journal service such as Myfxbook or Forexfactory Trade Explorer doesn't exist for futures traders. Most famous one is Tradervue but it's not audited and can be manipulated by user anytime. The cost is also expensive. Journalytix from Zigsaw is also similar. I tried 14 day free trial of Journalytix but soon gave up. I don't want to pay $519 / year ($399 for Journalytix + $120 for CQG additional account) only to get trade statistics. Its technology also seems not very stable. CQG is excellent in trade execution...
Perhaps I found it......

Objective 3d party assured journal like Myfxbook for Futures?
https://www.elitetrader.com/et/threa...utures.333434/

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https://www.elitetrader.com/et/threa.../#post-4920552
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,256
  • Sep 3, 2019 7:44pm Sep 3, 2019 7:44pm
Quoting heispark
I am ditching TradingView. MotiveWave can replace this. TradingView is very poor as an execution platform especially when you are a scalper. I bought two years of Ultimate Edition license of TradingView. Money wasted.... Goodbye TradingView~~ {image}
I made a short video comparing the candle refresh speed between TraingView, Thinkorswim and Motivewave:
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Ensure you set the following option is TOS, otherwise TOS refresh speed will be slow.
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To be a fair test, please also note the following feedback: (I also tested with two separate computers using the same internet line but still TV was loser.)
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,257
  • Edited 9:34pm Sep 3, 2019 8:11pm | Edited 9:34pm
Quoting heispark
{quote} So far..... commission's not included..... I think my broker is making more money than me..... I will update this statistics with accurate commission applied tomorrow. Anyway, fun scalping exercise.... {image}
I made 9 trades (two-way) yesterday. I paid $36.9 to my broker/exchange. Excluding this cost, I made $118. I got some more than my broker in the end....

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Trading cost per trade (commission, exchange, ..etc) is $4.1 (two way), which is cheap enough to be covered by one tick Break Even offset. User Divergence's scalping method is pretty easy and fun. If you don't have winning strategy yet you should try this.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,258
  • Sep 4, 2019 6:12pm Sep 4, 2019 6:12pm
Crap. Massive loss yesterday. Obviously, 3 contracts is over leverage to me. I wasn't comfortable.... Reduced it back to 1 contract......
I better stop posting this before I get caught by Murphy's Law.....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,259
  • Sep 5, 2019 1:40am Sep 5, 2019 1:40am
Finally purchased MovtiveWave but 6.0 Beta is quite buggy. Also, some interface is very confusing..... Not sure if I am doing right.........
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,260
  • Sep 6, 2019 4:28am Sep 6, 2019 4:28am
I found a bug in Journalytix which doesn't log and apply commission to MNQ (micro Nasdaq futures). I reported this bug to Jigsaw and they are finding a solution..... As long as they fix it, I will buy it.
Simplicity is the ultimate sophistication - Leonardo da Vinci
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