NeoTicker Blog

Trading for a living requires a lot of discipline. It also requires a lot of streets smart if you trade discretionarily. One thing that many beginners missed is a basic concept of having multiple setups learned and practiced correctly.

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Some readers are very forthcoming, they simply email me and complained to me for wasting their time in talking about moving average as something that is useful at all. I replied through email asking for their patience and wrapped up this third instalment as soon as I can.

Moving average based trading systems still exist and work very well still, even today. Here is a basic scalping setup based on average range channel, which in turn is based on simple moving average, that works very well for many years.

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After demonstating a pure daytrading short signals in Advance Issues Pattern 1, we are going to look at the data to see if we can figure out a daytrading pattern that works from the long side. Since year 2000, the S&P 500 is in a major downtrend, is it possible that there exists long side pattern that can make money?

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NeoBreadth enables our users to collect user defined breadth data within NeoTicker, both in real-time and in reconstruction of historical breadth data. The analysis of customized market breadth data is not a common topic in technical analysis as NeoTicker is the only platform that can do that properly. How useful are customized breadth data? How do we utilize these information?

I’ll present a simple trading system based on advance issues of S&P500 as our first example on how to tap into the power of complex breadth analysis.

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This article demonstrates how to use pattern scanner to batch test, rank and filter trading system with system equity. We will use Jeff Cooper Expansion Breakout trading system and apply it on NASDAQ 100 symbols list as an example.
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Classic trading systems hold their positions overnight, subjecting themselves to the risk of price shocks caused by breaking news, and changing fundamental environment. Daytrading systems do not have any of these disadvantages, making it very sexy in comparison. Just imagine, sleep tight every night without worrying about overnight positions at all is a good enough reason to pursuit this dream. But what about the pitfalls associated with daytrading systems?

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The ideas of the system Jeff Cooper Expansion Breakouts Part 1 come from chapter 5 Expansion Breakouts of Hit and Run Trading by Jeff Cooper, it includes both breakout and breakdown trades (i.e. long and short side), it will only trade one side at a time and there are no stop and reverse orders, it requires daily data series as base data series.

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The following link shows the index symbols on our DTN Satellite box with description.

DTN Index Symbols

Louis

We now know that moving average can be measured more effectively when average bar range is used as the yardstick. How do we utilitize this information?

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NeoTicker 4 introduces a very flexible scheme to color data series in the chart. In fact, you can even color data series using formulas. The flexibility means there are many options to choose from, which can be daunting.

This mini tutorial is written to help you get started with data series coloring. The example here is using candlesticks, and is equally applicable if you use bars.

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