Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I did look at the strategy and i haven't replied b/c after some looking I can't explain why the stock did not appear. I am not pointing blame at the scan or TI for not reporting it, but it is hard to go back to the history here and determine what happened that day with the stock and the underlying T&S.
Are you experiencing ongoing problems with this scan?
That suggestion will certainly be logged and we'll discuss it. Thanks.
Dear Johnny,
First of all please accept my apologies for any mischaracterization of your trading strategy - especially without the helpful background your response provided.
We receive hundreds of requests that are often not fully described so I am very grateful to get additional information - information I can use to more fully understand what you are trying to do and argue for its implementation in future feature discussions.
Thank you also for the positive remarks about Trade-Ideas. We are grateful for each and every customer we have and strive to constantly improve it thanks to the feedback and suggestions, like yours, we receive.
Again, please accept my apology.
To avoid repeating my error of proffering advice without fully understanding your set-up. Please reply with the settings you are using. If you'd rather not share these settings here, please feel free to email the settings or screenshots of your configuration to david@trade-ideas.com.
I would be happy to suggest alternative ways to model the pattern you are looking for.
Otherwise feel free to use and modify this set-up that I designed based Momentum Long opportunities.
http://www.trade-ideas.com/View.php?O=20000000000000000000000000000000000040000000000000000000_1d_0&QSV=10&QRUN=.06&MinRV=5&MinVWVP=.75&MinBelowHigh=.05&Min2Sma8a20=.05&WN=My+Alerts
Flip it to see the Short side.
Best,
David
Hard to understand what you want here. Provide a recent trading day and the stocks you saw in this pattern to recreate.
I'm going to enter the symbols in our latest tool for helping to build scans, "Stocks Like This": Example (JDAS) http://bit.ly/7CFGvu
Couple of things:
1. 1000 is not quite the ceiling but it's in the ballpark ~1300 to 1500. Why the range?
2. The amount is more than enough if you have a scan set-up that produces 300 or even 500 alerts a day. If you have the spickets wide open, then you'll go back for the day or 2.
Consider if you are "drinking" more than 500 alerts per day you run a risk of increasing the noise to signal ratio. The filters help here.
I will take your request into the queue. One day we'll add more capacity for History - but our focus is always going to be on making the realtime analysis even better! Thanks
Here is our Help section description of the new MACD alerts. Previewed first here!
These alerts implement the traditional MACD (Moving Average Convergence Divergence) formula. You can get a notification as soon as the MACD line crosses above or below the zero line or the signal line. You can select the timeframe. These alerts are based on the standard 26, 12, and 9 period EMAs. These alerts report as soon as the value crosses, without waiting for the end of the candle.
Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result. These values are generally similar, but they won't be exactly the same.
5 minute MACD crossed above signal
5 minute MACD crossed below signal
5 minute MACD crossed above zero
5 minute MACD crossed below zero
10 minute MACD crossed above signal
10 minute MACD crossed below signal
10 minute MACD crossed above zero
10 minute MACD crossed below zero
15 minute MACD crossed above signal
15 minute MACD crossed below signal
15 minute MACD crossed above zero
15 minute MACD crossed below zero
30 minute MACD crossed above signal
30 minute MACD crossed below signal
30 minute MACD crossed above zero
30 minute MACD crossed below zero
60 minute MACD crossed above signal
60 minute MACD crossed below signal
60 minute MACD crossed above zero
60 minute MACD crossed below zero
From my Twitter stream: TradeIdeas
You asked, we answered. Great visual assist for modeling MIN, MAX, & NEGATIVE #s in TradeIdeas: http://bit.ly/8NGJfP
Source:
You asked, we answered. Great visual assist for modeling MIN, MAX, & NEGATIVE #s in TradeIdeas: http://bit.ly/8NGJfP
— Daniel Mirkin #MAGA CEO of Trade Ideas (@TradeIdeas) January 4, 2010
THanks for the feedback and suggestion.
Right now it is what it is - there's no way other than a manual entry of the alerts and filter values. That's actually a good thing as it promotes a more deliberate process of designing what pattern you will be seeing repeated again and again.
That said - once we collect the initial feedback, we'll offer a way to do what you suggest. Better to get it out there and improve than sit on it.
we're always working on improvements. Yes, more are coming - but no timetable. Stay tuned.
awesome. that's the way it's supposed to happen.
This just in.
I've seen the new MACD alerts. They're being tested in pre-beta form. Once they get to beta amidst all our other priorities, I will extend an invitation here to the forum.
No longer months, but week (s).
Best,
D
Good suggestions - we've recorded them the first time they were mentioned.
As for what we're working on, in addition to what I mentioned in my previous post, we released a recent filter a few days ago that looks for stacked bids/offers:
http://www.trade-ideas.com/WhatsNew.html
We also added a version 1.0 of a tool that will help you find stocks like the ones you trade:
http://www.trade-ideas.com/WhatsNew.html
More coming in 2010!
Oh it's very much in our control - both the data feed and the statistical analysis we perform on the feed in RT. Here is a quick background on the value-added process we perform:
http://www.trade-ideas.com/DOSA/
As for specific MACD alerts, know that the Running Up/Down alerts are our current proxy for MACD. These alerts are coming, but only after we finish a major internal project that seeks to even further eliminate latency issues in our already fast processing and delivery activities. Stay tuned.
It is - including The OddsMaker. There may be 1 or 2 things not implemented but its less than 1% of the full version (and frankly I cant think of what they are at the moment)
Been trying out a new feature that allows you to find stocks like the ones you like trading, see the values we use to find it, and build your own strategy around those values to find other stocks like it.
Been discussing this in my most recent posts on Twitter:
http://twitter.com/TradeIdeas
Stocks Like This feature:
http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html
Yes it can (or should be able to).
Play around with the universal connector that appears when you double click on a stock symbol in TI PRO.
1. Drag the crosshairs and connect to areas you normally type in a symbol
2. Check or uncheck the box about cutting off the first letter/Lightspeed option
3. Check out this video to a similar application: http://www.trade-ideas.com/VideoHelp/Menu.html?video=Linking:%20IQChart
Let me know if this doesn't solve the problem.
Some stocks can exhibit furious bid and offer activity without a significant increase in volume (which would trigger our other alerts). Of course volume is usually closely associated with lots of bid/ask (print) activity. It's a signal that there's activity unrelated to what volume is doing. This is helpful to some of our subscribers who want to see such activity.
http://www.trade-ideas.com/Help.html#UNOP
Try using the alert with some basic filters and evaulate the results historically or in real-time.
I've passed this reminder suggestion on and into the queue. Some things pop out quickly, others (especially involving the OddsMaker) taken longer but are equally as important and researched. Thanks for the reminder.
Darkpool requested and we've delivered. This is one of many examples where feedback from our customers here in the forum and elsewhere drive improvements to our scanning capabilities.
CHeck out the latest addition:
Bid / ask size ratio filter.
http://www.trade-ideas.com/WhatsNew.html
It will add to the History each time you refresh and therefore add it to the csv file each time you download it.
But not in realtime
As I mentioned, go to the History feature by unclicking 'RealTime' data. You can then save this output into a .csv file to import into Excel and do whatever you like
Put a check in th box that says 'Send to Linked Window List'
Nothing will happen until the markets open and alerts start streaming in BTW.
Yes you can. Follow these steps:
First open a notepad or word file.
Second - link TI PRO to it by dragging the crosshair linker when you first double click on a symbol.
Third - right click within a strategy window in TI PRO and select 'Actions'.
Fourth - Put a check in the 'Send to Linked Window List' box within the section that reads, "On Each Alert".
You're good to go.
You can also go to History and just download the strategy's previous signals into a .csv file.
Good luck
Here's a 2nd response from our Chief Technical Officer:
"I suppose if he was looking at history, he might not get what he thought. I'm trying to picture what he's talking about. Maybe, something works today, but tomorrow his charts are adjusted for splits, and our old alerts are not. The realtime stuff shouldn't have a problem.
We are aware of splits. We have to do somethings with them to make the OddsMaker work better. (Not everything, as I've said, but the most important stuff.) So if we had a specific task, I'm sure we could do something."
My first answer: Trade Ideas provides intra-day analytics based on a premier vendor's data feed that includes splits and all data corrections.
Meaning we rely on what our vendor has done to clean the data feed and provide for the historical changes.
My second answer will give you more flavor as I shop this question around.
Thanks
Yes, it can.
Just click on a symbol within an alert from TI PRO and you'll see a linking crosshairs that you'll drag and drop into the area you would normally type in a symbol within IB.
http://www.trade-ideas.com/VideoHelp/Menu.html?video=Linking:%20Generic%20Option%20%232
I created the strategy you requested.
It will work best if you create one window for Gainers and one separate window for Losers. I created the Gainers for you - you should know how to easily 'flip' or make create the Losers setup.
http://www.trade-ideas.com/View.php?O=10000000000000000000_1d_0&MinPrice=5&MaxPrice=20&MinVol=1000000&MinTV=250000&WN=Largest+Gainers
Once you have this window up and running in TI PRO, you'll change the view mode to see the top Gainers this way:
sort and view the results by the “Range” column to see what he wants to see. This comes from our User’s Guide to Trade-Ideas PRO updated January 2009 http://static.trade-ideas.com/TIPro/Trade-Ideas_Pro_User_Guide.doc
The "View Mode" menu item is used to change current view mode of the Alert Window.
Select the desirable view mode from the list and the Alert Window will be updated immediately. There are three view modes available:
1) "Newest First" – new alerts are added to the window and window is automatically scrolled according to direction settings (for example, if direction is down, new alerts are added at the top of the window, and older alerts are moved to the bottom of the window); newest alerts are not highlighted:
2) "Write Over" – new alerts are added to the window according to direction settings so that newest alerts will overwrite oldest alerts; window is not scrolled; newest alerts are highlighted; there is one blank row or column between newest and oldest alert:
3) "Group & Sort By" – you have to choose sort field from the list to activate this view mode:
Then all existing alerts will be grouped by symbol and then sorted by selected field. All new alerts also will be inserted into the window grouped by symbol and sorted by selected field. Thus, the window will display only one newest alert for particular symbol, and the list of alerts will be always sorted by selected sort field. The newest arrived alerts are highlighted.
That's our specialty: large volume surges. Without any other flavor (i.e., direction, previous movement, etc.)
Here is a strategy that looks at volume surges in either direction:
Feel free to modify this more specifically to your trading plan.
Apologies for any delay in replying
http://www.trade-ideas.com/View.php?O=40000000000040000000000000000000_1d_0&QSV=5&QUNOP=5&MinPrice=5&MaxSpread=15&MaxDNbbo=.15&MinVol=500000&MinRV=5&MinVol5=250&WN=Surging+VOlume
Darkpool, we are working on developing such alerts/filters. Your input here might actually influence their outcome. Send us a fuller description of what pattern you would like to see captured to info@trade-ideas.com and we'll add to the mix of other similar suggestions we've received on this.
As for what we currently have - the increasing Bid/Ask alerts come to mind:
http://www.trade-ideas.com/Help.html#LBS
Please send your request ASAP to info@trade-ideas.com. We'll get you the directions on how to do it.
Here's more info: http://www.trade-ideas.com/Partners.html?
Still in the works - no timeline. Keep using the Running Up/Down alerts (I use the intermediate ones and the ratio alert-specific filter): http://www.trade-ideas.com/Help.html#RUI
Hi. If you are still experiencing the symbol list exclude problem, please send us your username and a link to this post describing the issue to info@trade-ideas.com.
Thanks and sorry for the delayed (holiday) response.
Given what I understand your request to be, here is my interpretation:
http://bit.ly/85UImK
This link will open the strategy in a browser. Copy the browser address and use the 'Collaborate' feature (a right click in any TI PRO window) in TI PRO to import the strategy.
Good luck and sorry for the delayed (holiday) response.
Go with the latter theory - definitely. I do not consider robustness to be a strategy's ability to work equally well on both sides of the trade.
What I do consider robust is taking the ratio of the average winner over the average loser and seeing numbers like 3:1 or 4:1
We have this backtesting rule of only trading 1 signal/stock/per day for 2 main reasons:
1. We don't want the success of a strategy to be dependent on crazy in and out schemes. "Get in here. Ok, get out now. And get back in here". Great on paper - not so great in practice. We keep it real.
2. (Real reason) You know how fast we give you the OM results across all the stocks that met your pattern/strategy, you may not know just how much computing power is required to do so (alot). The first improvement we made to the OddsMaker (based on great suggestions like yours) was to expand the backtest range from 15 days to 30.
There will come a day to further improve the OddsMaker. These suggestions are good ones that I will add to the list.
Many thanks!
Lots of great suggestions in here for the pre-market and for The OddsMaker. I've entered this into our development queue. Keep you posted. Thanks
http://bit.ly/1y6Es5 Gap Down & Climbing Up: a good starting point for you requested.
I added the heartbeat alert that only alerts to the stock matching just the filters chosen once every 10 minutes. You can change that. To that I added another alert that indicates 2 MAs in the same upward direction (thrust).
Play with the filters first to more properly fit the universe you like to trade.
Suggestions: Right here in the forum is right on.
info@trade-ideas.com works too
Start with what we have in among our preconfigured strategies:
http://www.trade-ideas.com/GettingStarted.html
Notably this one: http://www.trade-ideas.com/GettingStarted.html?name=Upside+Momentum&list_name=MAIN
or this one:
http://www.trade-ideas.com/GettingStarted.html?name=Approaching+Daily+Highs&list_name=MAIN
Also check out the category of posts on our blog under 'Strategy-Session':
http://marketmovers.blogspot.com/
Without knowing more what you mean by climatic, it's hard to offer a strategy that fits your needs.
Err, no puns intended.
The height of the Backtest panels can be adjusted in TI PRO. If you want to get rid of them, adjust them downward until they disappear. To view them again, right click in a strategy window and select the option for restoring them into view.