jpb Veteran   Posts: 168 Joined: 5/11/2005 Location: Brown Deer, WI  User Profile | Jim, You are right, there is a lot of information about ATM. We have many individuals trying to improve it and Mark H. has contributed some great tools (like the one on this post) along with the original model for the Macro & Micro -- collaborating with many others over the last few years. The formulas you are looking for are located in another post --> here The content in this post is focused on the tool to help analyze different strategies. As you read from top down in this post, you'll see many derivatives of the strategies used in the original ATM Macro & Micro method. There is nothing wrong with the original strategies. The tool (spreadsheet) in this thread helps you analyze the strategies against the market states to see if there is a better mix. Also, you may have your own strategies (or derivatives of strategies) you want to test and maybe swap out from the original set in the ATM MM method. The tool here will help you analyze that. The market state formulas that Mark H. created are pretty good. I've spent weeks looking for ways to improve them, make them react a little different, capture a different market personality, and kept reaching the conclusion that they are as good as or better than any I can come up with. If you watch the flow of bars vs market state on a SPY chart (with the Macro Micro template activated), you'll see a nice transition between market movements and a market state color coded display. The underlying indicators used also make sense (at least to me). I like to look at it that the ATM Macro & Micro method is a great starting point. You can use it as is or with tools like the one on this thread, you can introduce other strategies. I know some of the forum members prefer to trade with trending strategies over longer time periods vs the RTM strategies used in the ATM MM method. That's great! Switch them out, use the tool on this thread to analyze the trade performance of all the strategies and assign them to the market states. Others prefer to just use the macro market states and eliminate the micro. Again, great! Some want to add in a "No Trade" state to define when to stay out of the market. Fantastic! You'll find threads focused on different ways of using ATM. My point being, you ultimately control what you want to trade with and you can experiment in ways never possible before in OT. Some experiments work, others don't. You'll find a lot of that in various threads. I've posted a number of ideas that have been a dead end for me. But hopefully someone else will look at that and say "Hey, here's where Jeff went wrong... Or, what if we looked at it a different way...". Hope that helps a little, Jeff | |
