Like the moving Trading Places, which was released the same year that the Turtle story started in 1983, two people were having an ongoing dispute about nature versus nurture (can trading prowess be taught to everyone, or was it innate in just a handful of people). This debate was between Richard Dennis and his long-time […]
Continue readingHave you ever wanted to use an external data within your TradeStation strategy, indicator or paint bar? There is no easy way to have standard EasyLanguage read data from a file. With object oriented EasyLanguage (OOEL) you can do it, but not everyone is comfortable with OOEL.Well, now you can easily read data from a […]
Continue readingFor the past 20 years I’ve been teaching my concept of intermarket divergence. If you’re not familiar with intermarket divergence let me briefly explain this simple concept.Many markets are interrelated. These interrelationships can offer predictive capabilities for many markets. The study of these interrelationships is called intermarket analysis. A widely known intermarket relationship is the […]
Continue readingIn my past article, Intermarket Is Fundamentally Sound, I covered some of the basic premises and history of intermarket trading systems. While the previous entry was more theoretical, this article is more practical. Indeed, I will be discussing how intermarket analysis can be used to generate mechanical signals. I will also walk you through the process […]
Continue readingIntermarket analysis is a powerful tool that a trader can use to get an edge on the market. This type of analysis can be thought of as a type of instantaneous, fundamental analysis, which if done correctly, is a form of arbitrage. In this series of articles, we will show how and why intermarket analysis […]
Continue readingI developed the concept of intermarket divergence approximately 20 years ago. It has proved to be a powerful concept since then. Reflecting back to 1995, I realized that the development process was interesting. I was developing many futures-based trading systems then. The problem with futures is that most backtests and systems are based on continuous […]
Continue readingMany markets are interrelated. These interrelationships can offer predictive capabilities for many markets. The study of these interrelationships is called intermarket analysis. In this article, I will briefly explain a robust method for generating robust signals for a wide range of markets. I will also offer a free TradeStation tool to help you explore intermarket […]
Continue reading