Wednesday, September 24, 2008

Pete's Screenshot

Pete sent me his screen shots. He shows us one EOD and one Intraday screen. He's trading index fuures on these charts. From his description, it looks like he's visited DayTraderRockStar. Pete, great set up, good job. This is an example of simple uncluttered screen. This is very close to a template I'm working on at the moment for futures. I'm currently working on my "Radar Screen" that has overall market Ticks, Puts/Call ratio, and Trin as well as some of the majors.

Instead of me re-writing what he has sent me here it is;

I would also recommend for some really great information on trade setups for trading futures intraday. The two charts I'm sharing are rather new for me. I just configured them a couple weeks ago when I started doing a little intraday trading.

The intraday setup chart is pretty simple. I use the real-time quote window on the bottom to select the security I want to view. The 15 and 5 min charts are linked so they show the same ticker. I use a 20 period EMA along with a 200 period MA. Those horizontal lines you see are pivot levels. I have since refined the code to calculate weekly and daily pivots on an intraday chart automatically. I just love the flexibility Amibroker offers.

The EOD setup is an example of my pivot point calculations (shorter lines at far right), and I have a few longer trend lines which are there to remind me of weekly and monthly support/resistance levels.
I have been working all summer long on developing a trading system. For now I don't have anything to show in that area as it is still a work in progress.

Thanks again for sharing and also for providing an environment for others to share.

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