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Replies to #28583 on Cycle Trading

jaws57

09/20/23 4:39 PM

#28585 RE: spdpro #28583

Actually not so much as TOS lacks stuff, more like I havent spent the time to look for things. The biggest thing that I can do with SC is have multiple indicators and can scroll up and down to see what I need to see, and clearly. On TOS you put more that two or three then they are too small...ie no scroll. Maybe i can do this?

TOS has a bunch of advantages, for sure. Basically that is what I have up on my screen all day. And flip back and forth to SC.

Duma

09/22/23 6:23 PM

#28599 RE: spdpro #28583

I have spent a lot of time over the last few months watching two different versions of my 15min charts. One was regular hours and the other one had extended hours included, so the only time frame missing was 8pm to 4am. I kept getting false signals on the chart that included extended hours. I have been used only regular hours now for a period of time and am very happy with the results.

I am thinking that the ON trading is just too thin and that it picks up on trends that don't hold when the market opens for regular hours. Can't prove it, but it doesn't matter because results tell me everything.

I know you have used 24 hour charts for a long time and they seem to work have worked for you. That is great.

jaws57

09/23/23 8:48 AM

#28602 RE: spdpro #28583

I never did address the last half of your comment, but after seeing Duma's response on 15min chart, I would have to agree with him. Especially on stocks or less than a daily TF charts. Futures/crypto/currency you have a good point.
I did a tick chart that approximated the number of periods in a day to a 15min chart which has 26 periods.
consistantly each day only had one period that was outside RTH. This would not skew the chart and is worth looking at later on.

Tick charts is something that I probably need to explore further.