## ProchargedMopar's Trading Trilogy

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MightyOne
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"OBV is calculated by adding the day's volume to a running cumulative total when the security's price closes up, and subtracts the volume when it closes down.

For example, if today the closing price is greater than yesterday's closing price, then the new

OBV = Yesterday's OBV + Today's Volume

If today the closing price is less than yesterday's closing price, then the new

OBV = Yesterday's OBV - Today's Volume

If today the closing price is equal to yesterday's closing price, then the new

OBV = Yesterday's OBV" -StockCharts.com

I wonder what OBV would look like if calculated using CC as 3 candle CC often yield a longer series of same colored candles...

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gfg1
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MO, how do you get the OBV indi to overlay on top of the price bars? TIA

MightyOne wrote:"OBV is calculated by adding the day's volume to a running cumulative total when the security's price closes up, and subtracts the volume when it closes down.

For example, if today the closing price is greater than yesterday's closing price, then the new

OBV = Yesterday's OBV + Today's Volume

If today the closing price is less than yesterday's closing price, then the new

OBV = Yesterday's OBV - Today's Volume

If today the closing price is equal to yesterday's closing price, then the new

OBV = Yesterday's OBV" -StockCharts.com

I wonder what OBV would look like if calculated using CC as 3 candle CC often yield a longer series of same colored candles...

prochargedmopar
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MightyOne wrote:"OBV is calculated by adding the day's volume to a running cumulative total when the security's price closes up, and subtracts the volume when it closes down.

For example, if today the closing price is greater than yesterday's closing price, then the new

OBV = Yesterday's OBV + Today's Volume

If today the closing price is less than yesterday's closing price, then the new

OBV = Yesterday's OBV - Today's Volume

If today the closing price is equal to yesterday's closing price, then the new

OBV = Yesterday's OBV" -StockCharts.com

I wonder what OBV would look like if calculated using CC as 3 candle CC often yield a longer series of same colored candles...

Wouldn't it be easier to open a 3x chart and take a gander?
H1.....look at H3
H8....look at D1
M5....m15, ect. ect.

You always say its the LINE that is what matters anyway.....or a fast moving extreme for the exit. I don't see much value in OBV but I'm sure there are those that live and die by it. More power to em'.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

newschool
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prochargedmopar wrote:On 2ND thought, if you really do have an RSI ea that is GUARANTEED to lose money, notice I said "lose", then send it. All I'd have to do is REVERSE the system and be guaranteed to make money. RIGHT?

hehehe. Too bad you think of me as an average coder Of course I tried trading the opposite of dozens of strategies. It doesnt change anything.

http://kreslik.com/forums/download.php? ... 972c955a67
Check the code quick, after line 70, every standard indicators are here.

prochargedmopar
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newschool wrote:
prochargedmopar wrote:On 2ND thought, if you really do have an RSI ea that is GUARANTEED to lose money, notice I said "lose", then send it. All I'd have to do is REVERSE the system and be guaranteed to make money. RIGHT?

hehehe. Too bad you think of me as an average coder Of course I tried trading the opposite of dozens of strategies. It doesnt change anything.

http://kreslik.com/forums/download.php? ... 972c955a67
Check the code quick, after line 70, every standard indicators are here.

If you reversed a Losing strategy and still LOST.
You now know what the problem is.........
heheheehe
Hahahahahahaha
Hohohohohohohhohho
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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BTW,

Last year some time I said I was going to "never win again" to WIN.
M.O. stated that having someone "FADE" my trading so that I could win would NOT work. He said: paraphrased, that which causes me to lose has NOT changed and I will continue to do so.........

THAT STATEMENT IS ETCHED INTO MY BRAIN.

BE,
DO,
HAVE!
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

newschool
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prochargedmopar wrote:If you reversed a Losing strategy and still LOST.
You now know what the problem is.........
heheheehe
Hahahahahahaha
Hohohohohohohhohho

I am not joking at all, it really doesnt work.

prochargedmopar
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newschool wrote:
prochargedmopar wrote:If you reversed a Losing strategy and still LOST.
You now know what the problem is.........
heheheehe
Hahahahahahaha
Hohohohohohohhohho

I am not joking at all, it really doesnt work.

EXACTLY.

A successful trader (real trader) can take 100 systems and make them all work/be profitable.
BUT,
You can take 100 noobie traders and give them the BEST system and 95% of them will fail.

Answer?
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Braathen
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"Of course I tried trading the opposite of dozens of strategies. It doesnt change anything." "I am not joking at all, it really doesnt work. "

So because YOU couldnt do it doesnt work?
Big words from someone claiming to be anything more then an avg anything
I dont use it myself and most likly never will BUT.. this looks like a clean cute case of "Blinders Syndrom" dont cheat yourself dude...
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

bredin
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Braathen and Pro,

I have also tried the find a system that hemorrhages money and take the opposite trade and the same thing happened to me- they still lost money.

So its not just newschool who cant code.

I think what causes a mechanical system to lose money is two things.
1) exits, which are hard to code, and
2) filtering bad entries, which is also hard to code

G. (glad to see someone can use RSI)
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