Have you looked at Interactive Brokers? You can have RT chart, RT feed for $10 / month. dom
Charles H. Bush wrote: > Hi, folks, > > I’m new to investing, but not so new to Amibroker. > > I’ve been using the software to learn to scan for swing trading stocks > and everytime I think about switching to something else I regret even > the thought. I’ve looked at Mr. Swing (Swingtracker) which is a > java-based RT system ($49 per month), but I have trouble getting > reliable feed. > > Recently I have sighed up for IQFeed (realtime) for use with Amibroker > and so far it’s been very reliable. However, realtime doesn’t seem to > be my style, except for checking the opening range of stocks I’m > interested in. I don’t have time to sit all day and watch the ticks > roll by. > > So far I’ve only made three trades at Scottrade ( 2 profitable, 1 > small loss), with Scottrade making $14 in commissions per round trip. > I’m considering shifting my account to MB Trading, where you can trade > up to 500 shares for .01 per share cost. Unfortunately they don’t have > a charting system to allow dropping in on the realtime ticks. However, > they do they pay interest on unused funds, which Scottrade doesn’t do. > > Dave Landry suggests the following in his book on Swing Trading: > > 1. Pick your stock > 2. Set a buy stop for the next day at .06 above today’s high. > 3. Set a stop loss or a trailing stop not exceeding 4% of the the > purchase. > 4. Place the trade and wait to see if the order is filled. > 5. When (if) you reach 7% profit, sell half the shares and let the > rest ride with the stop loss in place. > > My problem: without real time quotes, this feels like standing on top > of a bridge in the night and throwing money into the darkness. > > So my question is: Can anyone tell me a decent method for End of Day > trading without paying for RT charting data? Or how you get around > flying blind when you place the orders without watching the morning > real time opening? > > Would appreciate your input. > > Thanks in advance. > > Charles Bush. > > ------------------------------------------------------------------------ > > From: [email protected] [mailto:[EMAIL PROTECTED] On > Behalf Of peterjldyke > Sent: Friday, January 05, 2007 5:52 PM > To: [email protected] > Subject: [amibroker] Re: Code for price structure > > You do not mention what timeframe you are using. > My suggestion is that you use a Simple Moving Average. > I use a Weekly time frame for my Long stock trading (I do not > Short). I Plot a MA(C,30) on my charts and visually check my > Watchlist that each weekly Close Price has been above the MA(C,30) > for at least 52 weeks. I use a Vertical line placed 52 weeks ago to > give me the starting point that the MA(C,30) must be below. You will > quickly see how the price is trending. Plotting another MA using > Param to manually adjust the time period on each chart can also help > to identify strong trends. > I also use ROC(C,52) to show outperforming stocks. > I have the ASX Top 200 as my Watchlist and it only takes a few > minutes to scroll through nearly 200 charts. Plenty of candidates > for Long trading should appear. Volatility also allows short term, > even day trading opportunities. > Obviously, you can add more T/A whistles and bells if you find them > necessary. I think "less is best". > For the Australian market, Alan Hull has a number of publications on > trend trading using minimal chart interpretation. > Peter > > --- In [email protected] <mailto:amibroker%40yahoogroups.com>, > Bruce Hawkins <[EMAIL PROTECTED]> > wrote: >> >> Does anybody have any code that recognizes trending price > structure? >> >> The first question that comes to my mind is what is trending price >> structure? I am hoping someone has tried to put that in code. >> >> Maybe "x" number of bars making HH's or LL's with no bar closing >> below/above the L/H of previous bar. >> >> What about slope of price or MA comparing previous values to >> current with no current value below previous value in an uptrend. >> >> Any thoughts would be appreciated. >> >> Cheers, >> >> Bruce >> > > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: http://www.amibroker.com/devlog/ For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/amibroker/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
