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 Posted - 03/27/2012 16:35:32   |
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two today, Central Time, ALXN 8:51AM IN, 8:58AM OUT +.54. HUM 9:15AM
IN, 11:35AM out (Stop out)-.20. For HUM, looked like the best entry was
around 10:45AM, then it would get +.52 in a short time. HUM late run
up, but after I have stopped out. |
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| Posted - 03/27/2012 17:51:25 |
I
sincerely hope that everyone using tachyonv's strategy posts their
results including timezone, symbol, entry and exit times. tachyonv
stated on the original page he was expecting people to succeed...and
anticipated positive results.
I am disappointed that only a few
people have posted their trades. tachyonv wanted to teach people
something and it appears that only split, yitana, Hook and a few others
are participating...I am sincerely sorry if I did not mention other
names but I won't review all of the pages to make this
post...politically incorrect...so to speak.
how can tachyonv teach anything, if no one posts their real time trading.
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| Posted - 03/27/2012 20:54:22 |
Ainigma,
thanks for the comments on Beta. As for the Cliff Notes version, I'm
following Tachy's and Quark's Trading Rule outlines contained herein
with the only deviation of using the TS Beta value.
Regarding
Beta, as shown in the image below, it is not an active filter in the
Scan. Rather, it is set to display whereupon after the scan completes,
all symbols with Beta's less than .8 are manually copied-n-pasted into
Tachy's "Tradable Symbols" RS indicator, which seems to work just fine.
Hook,
appreciate your feedback and have the Beta filter covered as noted
right above. Regarding KevinKDog's code on Page 2, yes, that is the code
I'm using except I revised it from his original version with "Average" to employing "XAverage."
{Intraday Volatility Method. Target $500 profit.
https://community.tradestation.com/Discussions/Topic.aspx?Topic_ID=117838
"Tachy_EMA_APR"
Based On:
"KJD AvgRange" Filter: Code by KevinKDog
StratMan revised with XAverage per Tachy's spec}
[SameTickOpt=True];
[LegacyColorValue=True];
inputs:
Length(34);
variables:
AvgRange1( 0 );
Value1 = High-Low;
AvgRange1=XAverage(value1,length);
{AvgRange1=Average(value1,length);}
Plot1( AvgRange1, "AvgRange1" ) ;
Note: Did use the "code box," but it screwed up the horizontal scroll!!! 
Split,
thanks for the comments on your Scanner settings. Here are the ones I'm
using as shown below. Assuming the Scanner filters process the data in a
top-down manner, I always try to use the server filters first unless an
ELD filter will have a greater effect on reducing the symbol data. Then
again, if the Scanner does not process top-down, forget that idea.
As for the symbols, only the NAZ and DJIA currently are being used as I
learn this method with equities first before venturing into ETFs/ETNs.
Regarding your question: "So
when tachyonv states 'First scan with TS scanner to find up to about
950 candidates with above parameters excluding the beta.' Does he mean
before the server filter is applied?" Based on observing how
the Scanner operates with both server and EL filters, it appears that we
cannot control what is used first unless we create two different Scans;
Server and then EL that runs off of the results from the Server Scan.
If wrong, I'm sure someone will correct me. 
Based
on my Scan Criteria as shown in the image below, each scan is yielding
approx 700-900 symbols depending on the Price Range and minimum Volume
used. After selecting only the Beta < .8 symbols, about 150-200 or so
symbols remain that are copied into the RS. From there, I delete all
non-Tradable symbols and then zero-in on the symbols with the highest
APR per Tachy's Tradable Symbols indicator. In the end, there are about
20-30 candidates of which I plan to trade the top 5-10 APR symbols.
Below
the Scanner Criteria image, you'll find two images showing ALL
"Tradable" symbols followed by a third image showing the top symbols
with APR > 1.0.
Again, thank you for your replies.
DATA/20120327202620StratMan_TSF-TopicID=117838_TachyVolatilityScalper_ScanCriteria_20120327.jpg
DATA/20120327202636StratMan_TSF-TopicID=117838_TachyVolatilityScalper_RS-Symbols_01_20120327.jpg
DATA/20120327202646StratMan_TSF-TopicID=117838_TachyVolatilityScalper_RS-Symbols_02_20120327.jpg
DATA/20120327202701StratMan_TSF-TopicID=117838_TachyVolatilityScalper_RS-Symbols_03_20120327.jpg |
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| Posted - 03/27/2012 21:44:49 |
quote:
Originally posted by quark
I
sincerely hope that everyone using tachyonv's strategy posts their
results including timezone, symbol, entry and exit times. tachyonv
stated on the original page he was expecting people to succeed...and
anticipated positive results.
how can tachyonv teach anything, if no one posts their real time trading?
That
seems reasonable, Quark. Me? I'm just now finding some time to study
all this and build my Desktops/Workspaces as Tachy suggested with the
goal of SimTrading this in the days ahead... In between client EL
projects.
Question: Since I'm not at all clear on how to select
the early morning High (to go short) or Low (to go long), are you
saying our entry and exit times would help us with that task? |
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| Posted - 03/27/2012 22:09:16 |
FYI - for comparison, this is what i get using Stockfetcher:
AGQ b=n/a
OPEN b=.42
KORS b=.06
NFLX b=.62
TNA b=n/a
LNKD b=.21
GOLD b=.40
TQQQ b=n/a
ALXN b=.53
PRGO b=.67
QLD b=n/a
Appears Stockfetcher BETA calcs are different from Yahoo.
Split,
Quark, theHook, TradingDude, Ainigma - i don't have much to post as i'm
sim trading this but appreciate all the info and insights you all are
posting.
Ainigma - interested in hearing more on the Fibs, i'm testing a pane with Fibs plotted from previous day Hi/Low.
quote:
Originally posted by Ainigma
Thanks hook.
Split,
using 800k vol, 34 days, NO BETA YET, etc... SCANNER using 7,941
symbols after apply server filters nets 1006 symbols for me today,
resulting in 53 candidates for transfer to Radar vetting. 31 of these
show as possible to Trade and, Ultimately, Yahoo beta rating reduces
these to:
ALXN-b=0.26
PRGO-b=0.32
NFLX-b=0.46
GMCR-b=0.65
REGN-b=0.68
-----------
DECK-b=0.95
OPEN-b=0.97
CRR -b=1.09
NBL -b=1.22
VMW -b=1.26
(just listing beta values over the cutoff as a reference)
A.
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| Posted - 03/27/2012 22:52:34 |
quote:
Originally posted by quark
Pacer
What would have happened if you had used a 1.00 stoploss on HUM?
I
used tight stop, if I had used 1 point, the trade could be a winner.
However, I still think the key is when to enter. In my case for HUM,
the better entry was around 10:45 AM CST. It needs a lot of patience.
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| Posted - 03/28/2012 04:30:58 |
Anyone been in touch with tachyonv outside the forum, hows he doing ?
Hope
he's OK. Wouldnt be surprised (or blame him) if he thought to hell with
sitting in front of a computer screen, life's too short. |
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| Posted - 03/28/2012 04:49:12 |
Pacer123,
I
agree, the key to this method is the entry. The exit rules are clearly
explained on the first page and can easily be automated.
The entry is explained as 'entering on a low' and this is where the skill is required.
So
far I havent really paid much attention to the T&S when entering,
found it difficult see any patterns especially when trading multiple
symbols as Im constantly switching from one workspace to the other. I
think good entry's can be achieved watching price action and possibly
knowledge of cycles.
My only trade yesterday on ALXN was based
on an hourly cycle and worked well but not sure if it was just luck. It
was certainly nice not to take any heat on the trade.
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| Posted - 03/28/2012 10:59:07 |
tachyonv
I
am now using your KC and I would not have entered a trade on NFLX until
possibly this current bar ....if it closes above the lower KC
line...none of the other green candlesticks have closed above the lower
KC....the %R is "off" alittle because of being in a downtrend. 1100 EDT
I would have entered at 118.92 1101 EST |
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| Posted - 03/28/2012 11:27:22 |
quote:
Originally posted by quark
Hook
what were your entry/exit times?
entered during the 10:25edt bar and stop exited during the big drop 10:55edt bar. |
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| Posted - 03/28/2012 12:09:22 |
quote:
Originally posted by quark
Hook
What did you base your entries upon for both ALNX and NFLX?
First
green bar after the KJD Avg Low Time over the last 30 days -- I prefer
it is "near" the lower keltner (just below or just above). I went a
little early on NFLX and was regretting my entry but it recovered
nicely. |
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| Posted - 03/28/2012 12:32:56 |
mtom
I am not certain what you mean "and a trend this should be #1"
tachyonv uses:
tachyonv's Keltner channels
Candlestick bars
% R
tachyonv volume indicator
time and sales window
to
pick his entry and he has a winning% >= 90% with a win/stoploss
ratio of 1:2...but he also points out you should not take a loss if your
current position after entry is positive.
This is a countertrend scalping strategy...only on the buy side.
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| Posted - 03/28/2012 12:36:44 |
quote:
Originally posted by quark
Hook
Interesting....by using that method what is your average win/loss %....over how much time 2-3 weeks???
I
don't trade it everyday but since Tach started the thread maybe once or
twice a week. I don't have that information on win and loss but I can
tell you my net stock account is larger. Sorry for the lack of info.
I am still in "test" mode and only trade 200 shares and a few times only 100 shares.
I
only pick 1 or 2 stocks to trade on any day and consider my risk low at
this point using the +.52 on the up side and -1.00 on the down side. I
don't try to manage my upside potential at this point because of being
busy with other futures trading. I will come back after placing a trade
every 10 minutes or so as other trading allows and may move the +.52
down some - no method here as it relates to Tach process just price
movement.
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| Posted - 03/28/2012 12:45:00 |
Hook
thanks....I
was just curious about how effective the avg low point was. I don't
trade this either since I only trade one instrument on the future's
market. I traded a similar method in the last century...1990's that was
85-90% correct (both short and long entries)...never could break 90%. I
do stuff differently now and use intraday cycles, no oscillators.
I would hope others would share their entry technique so the rest of us can learn.
thanks again for sharing
For
those using avg low point please post your current stats....I am
guessing 75-83% win/loss. If my guess is wrong no offense but if you
are getting > 87% please post in detail your strategy of entry and
stoploss management.
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| Posted - 03/28/2012 12:55:37 |
tachyonv
Have you ever traded this strategy going short?
If not what problems did you/ do you see with using your strategy going short?
Did you ever play around with an adaptive %R? If so please don't tell us your secrets. |
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| Posted - 03/28/2012 15:37:31 |
split/yitana
how did you do today?? My intraday cycle told me to stop trading 2 hours ago...thus my multiple posts. |
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