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I have operated in kind of a vacuum for the last 4 years or so. I don't know
many people who work with systems - and - of those few I speak with regularly -
most don't use SC or TS. So I've found the best thing to do when I'm working
with a new program (any new program - not only a trading program) - is go
through every possible option in the program menus - see what they do. When I
first got SC - I experimented with it - endlessly - trying this, that or the
other thing. Most of that experimentation wound up in the trash - but I did
learn about everything the program could do. It's a good exercise IMO -
particularly if you're a trader whose living depends on making money with a
program.
BTW - "sophisticated" is kind of irrelevant IMO. What's important is - "what
are most of the other traders in your market looking at". I use a 4/12 tic PF
chart for shorter term EOD bond trend work. Why? Because that's what a lot of
short term bond traders look at. I'm sure that if I were trading oil, copper
or cotton - I'd be looking at those markets with entirely different tools.
Robyn
Timothy Morge wrote:
> greene@xxxxxxxxxxxxxxx wrote:
> > Note to lurkers who don't work that much with TradeStation. It's easy as
> > pie to do a regression channel in SuperCharts (that's the program I work
> > with - and I assume the function is about the same in TS). Just use the
> > trend line function - draw a trend line between a high/low or low/high -
> > activate the trend line - edit the active tool - and then adjust active -
> > then choose regression - and and then regression on close. If TS is very
> > different than SC - perhaps a TS user can outline the steps to use in TS.
> > Robyn
>
> Thanks, Robyn. I did not know that. And even *I* draw lines on
> computer screens. Now I can draw lines that are a little more
> sophisticated...
>
> Tim Morge
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