Trying to learn how to learn how to teach a robot how to learn
- #9,462
- Jan 19, 2025 6:04pm Jan 19, 2025 6:04pm
- Joined Mar 2012 | Status: Trader | 14,346 Posts
{quote} Not trying to point out something to be rude, just trying to understand something i feel like im missing. This is a screenshot from that site when it comes to hidden divergences/convergence. They show a hidden divergence in blue, i feel like i was able to draw the opposite with the red lines. Im assuming a lot of this is subjective to the beholder... and with experience my eyes might look at it differently. their blue was possibly calling out a trend continuation, i feel my red was calling for a trend reversal. Am i wrong? Am i stupid? lol...
Does that help, Mate?
Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #9,463
- Jan 19, 2025 6:08pm Jan 19, 2025 6:08pm
{quote} {image} Does that help, Mate? Cheers!
Trying to learn how to learn how to teach a robot how to learn
- #9,464
- Jan 19, 2025 6:39pm Jan 19, 2025 6:39pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts | Online Now
Always a Student, Never a Master - Emulate What Works
- #9,470
- Jan 20, 2025 1:03pm Jan 20, 2025 1:03pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts | Online Now
Someone just sent me a private message asking me about how I trade currently trade stocks.
In that I can't send them an image in a private message, I told them that I would post it here.
Then it occurred to me that other traders may have the same question, so here's how I replied, and the image.
--------------------------
I do not trade stocks in the same way that I trade the Forex because I can't. That's because all of the indicators that I use on the Forex (MT4) are not available to me on my stock trading platform (TC2000).
So here's how I trade stocks no matter the time frame. I ONLY use 6 ema's, that's all.
I use the 3, 8, 21, 34, 55, and 200 ema's. I only trade Continuation Trades. And, I place my initial stop just below the most recent swing low initially, then I move it to just above break-even if/when I get into a decent amount of profit.
I will post an image in my thread to show you why/how I trade this way because I don't know how to post an image in this private message.
BTW, if you are going to day trade stocks, I would only use 3 min. charts, and I would only day trade from 7 a.m. to about 11 a.m. eastern time.
If you are going to position/swing trade stocks, I would only trade Continuation Trades on Daily charts when the Ema's on a Weekly chart are aligned correctly as in, 3>8>21>34>55>200.
There you have it, "the keys to the kingdom"
In that I can't send them an image in a private message, I told them that I would post it here.
Then it occurred to me that other traders may have the same question, so here's how I replied, and the image.
--------------------------
I do not trade stocks in the same way that I trade the Forex because I can't. That's because all of the indicators that I use on the Forex (MT4) are not available to me on my stock trading platform (TC2000).
So here's how I trade stocks no matter the time frame. I ONLY use 6 ema's, that's all.
I use the 3, 8, 21, 34, 55, and 200 ema's. I only trade Continuation Trades. And, I place my initial stop just below the most recent swing low initially, then I move it to just above break-even if/when I get into a decent amount of profit.
I will post an image in my thread to show you why/how I trade this way because I don't know how to post an image in this private message.
BTW, if you are going to day trade stocks, I would only use 3 min. charts, and I would only day trade from 7 a.m. to about 11 a.m. eastern time.
If you are going to position/swing trade stocks, I would only trade Continuation Trades on Daily charts when the Ema's on a Weekly chart are aligned correctly as in, 3>8>21>34>55>200.
There you have it, "the keys to the kingdom"
Always a Student, Never a Master - Emulate What Works
- #9,472
- Edited 4:12pm Jan 20, 2025 3:37pm | Edited 4:12pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts | Online Now
@RobinHood good info. What screener do you use to find them? Can you post 1-2 examples?
What I am intending to show is that I do make money trading the stock market using MY methods. I day trade, I swing trade, and I sometimes hold positions long term (but rarely).
All 3 of those types of trades are on this list. HPIL and PAL.CVR went bust long ago, but for reasons I don't understand, they always remain in the list of my stocks.
The main stock trading platform I use is called TC2000, but I also use TradingView and InterActive Brokers (because they have some things TC2000 doesn't).
My stock trading account is with InterActive Brokers, mainly because you can trade anything with them...stocks, futures, commodities, forex, cryptos, etc.
Plus, they pay the most interest on your money of any brokers, by many, many multiples.
As far as a stock screener goes, I use TC2000. I write code within their platform to show me things I want to see, and I use different ones for different reasons. Such as I wrote code to show me when a stock about to show me a potential Continuation trade, which is massively helpful since it is scanning over 6,000 stocks each day, and does it within a couple of seconds at the most. When trading stocks, in my opinion, and based on how I trade, having a watchlist/screener/scanner is imperative.
Here's an example of some of the different codes that I have written or created:
Here's an example of one watchlist I use with something specific that I scan for on the far right side of the image:
If anyone has any specific questions regarding trading stocks, I will be happy to answer them if possible.
Always a Student, Never a Master - Emulate What Works
Look at the 2 charts below from earlier today. The top chart is the 1 min. U/J pair and the bottom chart is a 1 min. chart of a AI stock that I day trade occasionally called Snowflake. How much easier can trading successfully get than this?{image} {image}
I, too, find TC2000 to be an excellent platform for stock trading. That said, it seems like you may have refined your approach since introducing the Triple Threat strategy. While I’ve found it incredibly helpful, I’m curious about how you recreated the RHO LWMA in TC2000, given the platform doesn’t offer a linear weighted moving average option.
I recall from one of your earlier posts that the RHO is based on a 5-10 MACD overlaid on an 11-13 MACD, but this doesn’t seem to match the behavior of your LWMA. If you’d be willing to share the specific settings you use(d) or any insights into how you’ve implemented this, it would be greatly appreciated.
Thanks again for all you do!
- #9,476
- Jan 20, 2025 5:37pm Jan 20, 2025 5:37pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts | Online Now
Always a Student, Never a Master - Emulate What Works
- #9,477
- Jan 20, 2025 6:15pm Jan 20, 2025 6:15pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts | Online Now
{quote} @Robin Hood, great to see you active on this thread again—your presence has truly been missed! I want to take a moment to thank you for your transparency and for generously sharing your knowledge and experience. Your contributions have made a significant impact on my trading journey and the way I approach the markets, and I’m sure many others on this thread feel the same way. I, too, find TC2000 to be an excellent platform for stock trading. That said, it seems like you may have refined your approach since introducing the Triple Threat strategy....
I didn't alienate the "Triple Threat", I use it on some of my Workspaces and on some I don't. Here's the thing, all they really are is just some moving averages displayed in histogram form.
The reason I don't always use them, and even though I love them, when DAY TRADING stocks, as I do every day that the market is open, the SMMA turns too slowly and it was constantly making me miss some good trades. In day trading, at least based on how I day trade, you HAVE TO be quick, or you'll be dead.
Aside from that, I have also mostly quit using the blue and orange dots as well a the Volume indicator. They were also a distraction that caused me to miss lots of trades.
The 6 ema's (3,8,21,34,55,200) I use for trading stocks is all I really need on a chart as all I care about is seeing and trading Continuation Trades, and since I normally watch 6 charts (on two 43" monitors), there's almost always another Continuation trade setting up, or in progress.
Yes, I've tried shortening the LWMA, but that just defeats its real purpose.
Now to answer your question, and the answer is very simple, but it wasn't easy to figure out how to make it match PERFECTLY, but eventually I did.
Always a Student, Never a Master - Emulate What Works
