Wednesday, March 18, 2009

End of Day Review 03/18/09


Trying something a little different. The blue line on the $TICK indicator is a 10-Period SMA of (H+L+C)/3. The dotted, yellow lines on each side is the Average + / - 250. When wanting to short, I wait until the $TICK at least touches the upper, yellow line. When wanting to go long, I wait until the $TICK at least touches the lower, yellow line. This helps me to not enter too early, which is a bad habit of mine.



Charles
Posted by at

4 comments:

  1. suchenMarch 18, 2009 at 10:26 PM

    Charles,

    Great stuff you have here! Follow your blog on a daily basis to see your review of the ES!

    Quick question, this TICK indicator you have for TS, you wouldn't to happen to have it for NinjaTrader?

    Thanks,
    Suchen

    ReplyDelete
  2. micMarch 18, 2009 at 11:08 PM

    Hey Charles,

    Enjoy the blog great posts! I use keltners on my TICK kinda in the same way. I have an eld that paints when it tags... Let me know if you want to check it out...

    ReplyDelete
  3. Charles A PennisonMarch 19, 2009 at 4:39 AM

    Sorry Suchen, but I don't use NinjaTrader. Thanks for the comments.

    Charles

    ReplyDelete
  4. Charles A PennisonMarch 19, 2009 at 4:44 AM

    Hi mic.080,

    Both Keltner, ATR based, and Bollinger Bands, Standard Deviation based, can be used. I would like to check out the eld.

    charlesinvestor@yahoo.com

    Thanks for the comments.

    Charles

    ReplyDelete

Subscribe to: Post Comments (Atom)