For the bollinger bands, you could use Robert's script here:by rufinatti - Trading Discussion
@devildriver6, it looks like this script that Robert posted already does that. The 0 and 100% fibonacci levels line up with the swing high and low like you want.by rufinatti - Trading Discussion
TexasJohn Wrote: ------------------------------------------------------- > Trying to find an upper study that will show me > the 15 and 30 opening range. Robert posted one here about a year ago. # Opening Range # Change the opening range period (5 min, 30 min, etc.) from within the settings panel # Opening range is drawn in yellow # Range break-out lines are drawn in green # Roby rufinatti - Trading Discussion
As I recall, Robert has some earnings scripts on his website that may do what you need.by rufinatti - Trading Discussion
Robert, your market structure script with auto fibs is brilliant. I attempted to write something like that when I was reading the art and science of technical analysis but I couldn't get past the first order pivots. As someone else said, you ROCK!by rufinatti - Trading Discussion
@mtut How are you using that setup to enter your trades? What indicators are you looking at to enter? Could you go through your thought process on one of he trades you have done?by rufinatti - Trading Discussion
rookie30, thank you for responding. While you are in a generous mood, I have another question please. I'm trying to go back and look at trades that you and Darcy post and each of you will often say that you had a FP or HRFP on such and such chart. To me that means that all the indicators are crossing at the same time on this candle, but I rarely see them. So...when you say you had a FPby rufinatti - Trading Discussion
Thanks for sharing another great trade. I'm still trying to get my head wrapped around the intraday trades. If you don't mind, I have a couple of questions. 1) When you say MF up, do you mean on the 10 or 21 chart? Do you use standard MFI setting of 14? 2) How do you transition from the 21 (decision) to the 10 (action) to time your entry? oh...thought of another question. you saidby rufinatti - Trading Discussion
@rookie30, Thank you for answering my previous question. You mentioned that you have more technical insights to share about MF if there is interest. Yes, please share. Thanks again.by rufinatti - Trading Discussion
@rookie30, You said, "There is more to the MF/candles that is critical to entry and exit, but I will not throw too much out at once." Would you please go into more detail?by rufinatti - Trading Discussion
@rookie30 Thank you for continuing to share your knowledge. Would you please explain what you meant when you said "I exit when I have a second negative, candle paint". do you mean <--- second red candle so time to get out? or do you mean <--- two red candles in a row so time to get out? Also, what levels are you looking for when you said to exit when MFby rufinatti - Trading Discussion
>Also 7M7 is incorporated into the package what is 7m7?by rufinatti - Trading Discussion
so...how much does it cost? I don't see anything listed under pricing.by rufinatti - Trading Discussion
You guys need to stop feeding the trolls. GWNO (Gary Williams NO) is NOT here to seek help or advice. Look back over his posts. He is here ONLY to bad mouth Gary Williams. He is looking for any and all reasons to point out the failures of others. Ignore him.by rufinatti - Trading Discussion
@mtut Nice trades. Are you looking at ADX on the 5 min chart or another chart? Other signals too or just E and ADX?by rufinatti - Trading Discussion
NFLX looks like it is going to gap up by $50 or more on the open today. I kind of hate when they gap by that much since I am never sure what the stock is going to do after open---rocket higher, drop like a stone as people take profits, or just go flat. How do you play something like this?by rufinatti - Trading Discussion
Rookie, thanks for answering my question. However, you raised another question for me when you said, "Another key is, I want to see my candle completely outside of my BB on the 233." Do you mean to say that when the 233 opens on the day after earnings, it needs to move outside of the BB like the first candle below? Or do you mean that the whole candle needs to be outside the BB likeby rufinatti - Trading Discussion
Rookie, I'm a little confused. Would you help clarify please? Just assume stock announced earnings today, the closing price is $100, and the "magic percentage" is 10% for easy math. Am I looking for the stock to open at or above $110 tomorrow to buy puts? Or am I looking for the stock to rise to $110 sometime in the next two weeks before buying puts?by rufinatti - Trading Discussion
Chunk Wrote: ------------------------------------------------------- > This thread of discussion is great; however, out > of respect for GW and since we signed the > non-disclosure agreement, I think we need to > beware of posting too many of GW's parameters. I signed a seven year, non-disclosure agreement in 2003. I'm well beyond that now, as are many of the members here.by rufinatti - Trading Discussion
I believe it used to be QQQ several years ago. Then changed to for a few years QQQQ. Now it's back to QQQ as TCB mentioned.by rufinatti - Trading Discussion
Darcy, I want to very sincerely thank you for your continued teaching. It's going to take me a while to deconstruct that last post and try to make some sense of gaps. I feel they are an important thing to learn and add to my knowledge base, though.by rufinatti - Trading Discussion
Thanks for the additional confirmation, Rookie. Simple it is.by rufinatti - Trading Discussion
Thank you for the feedback, Darcy. However, the question still remains, are you using exponential moving averages as called for in "Market Maker's Edge" or are you using simple moving averages as Gary says?by rufinatti - Trading Discussion
This seems useful. Thank you for posting.by rufinatti - Trading Discussion
1) Should the 8 period moving average be a simple average, or an exponential average? I started reading "The Market Maker's Edge" this week and the author recommends using the 8 period exponential moving average on the daily and smaller charts to determine the trend and which direction to trade. However, Gary says to only use simple moving averages because the exponential average weighby rufinatti - Trading Discussion
Thank you both for your encouragement. It's helpful to read about the success of others on this forum so I know it can be done. Darcy, you're right about keeping things in perspective. $150 in only 18 minutes is pretty good. I'd have to work a full day to earn that amount of money.by rufinatti - Trading Discussion
Over the years I've lost, refunded, then lost again enough money that my wife is angry that I'm still trying to work the stock market. I really can't blame her since she's seen nothing but failure from me; but I just know this can work and I don't want to give up. I only share that to explain why I'm fairly gun-shy with my current trading basket of only $2,000 (can't afford another $2,500).by rufinatti - Trading Discussion
QuoteDarcy2 Seasonal Heat Maps are offered by RTT when you are a member. Thanks, Darcy. I'm still trying to get consistent enough with the trades in my oh-so-tiny basket to justify another trading expense. From the postings here, RTT seems to be a great resource.by rufinatti - Trading Discussion
Quoterookie30 On my Seasonal Map, I look for Pink or Red within my stock- if I am buying puts. I look for any resemblance of green for a call. That's a new one on me. What the heck is a "seasonal map"? Is it something on the web, or part of your trading software? Which software?by rufinatti - Trading Discussion