I have been buried for the last 3 months trying to get up to speed with TS.  I have found it quite frustrating to continually discover some very fundamental problems with their backtesting.  Too much 'under the hood' detective work it seems to me. 

I actually posted a similar question a while back and it was suggested that MultiCharts/IB is a preferred combination.  Do you find the MultiChart backtesting functions any better in a fundamental way than TS?  What do you think about eSignal?

Thanks guys.  You continue to do nice work.

Thanks for the comment on Multicharts.  I was looking into them as an alternative.  And yes, I realize that TS's platform allows the complex strategies that those others do not.  I think my use of renko charts is the fly in the ointment. They rely on tick data and have created some data feed problems apparently.  Time based charts don't seem to have the same issues.

I am not surprised with your problem with TS.  I opened an account about a month ago and I have yet to make a trade due to technical problems.  The lack of useful customer support is amazing.  Their strategy is to provide a forum for users to work out the bugs themselves.  I don't know how they plan to keep customers as TOS/TDAmeritrade and others with platforms that don't crash every other day start to offer automated trading.

Is your count that we are in the middle of wave 5 or e (A complete, B in progress or complete with C still to complete down and complete 5th or e wave?) which may touch the bottom of the triangle and breakout to the upside?  (I guess, just the contrary view of some earlier posts.)  Thanks.

I concur on your call about Prechter.  I am also an EWI subscriber and have been surprised just how poor their timing can be.  If you traded by their market calls you could go broke fast.  

Their academic writing style tends to cover themselves no matter which way the market moves.  That is ok.  They are building a roadmap of sorts to give a general perspective of where we might be in the market.  

What troubles me have been their unambiguous proclamations such as the recent calls on the dollar and silver, as well as their apparent confidence in the end of P2 and Gold. When a usually 'hedged' communicator confidently commits to a position, it is tempting to consider it more seriously.  But in Prechter's case, you would do so at your own peril. 

True to form, they currently appear to be starting the backtracking process as their positions appear to be premature or simply incorrect.  In fairness to EWI, they are really in the business of describing what Elliot Wave is indicating.  Traders have to keep it in perspective.

In my opinion, EW theory is very useful.  Prechter is a useful resource to check your EW work, but one shouldn't look to Prechter or EWI as anything more than a historical mapmaker for the markets. 

Breakpoint has the right perspective on EWI.  They use it as a helpful guide but trade the market.  I have learned the hard way that putting too much weight on EWI can embed some very unprofitable biases in your trading.  I have re-learned that lesson during the last few weeks with silver.

Haven't you noticed I've been busy stirring things up in the Atlantic?

Matt or Steve- Regarding your weekly USD chart, would there be any reason to look for the B wave to continue down to backtest the falling trendline (top of falling wedge)?   Looks like it may not be too far from coinciding with the bottom of your current daily channel.  Thanks.

What you are describing with the 'efficient' application of capital via tax and public debt finance, etc. is not capitalism.  Neither is China.  That is more appropriately categorized as a statist 'ism' such as corporatism, big difference.  IMO

Looks good on Safari too for MAC users.

I too, have been slowly coming out of the paralyzed state of mind myself.  Since March I have been focusing on the 'pullback' and 'overbought' as my touchstones.  I had allowed my bearish view of the market (which I still hold) to affect my perspective when trading.  I developed an irrational bias toward trading downtrends that would prevent me from entering into perfectly logical trading positions because I repeatedly considered it 'chasing the market for a quick trade'.  Rather, I held out in favor of a more 'solid' entry point for a swing trade during and after those seemingly eminent pullbacks.  The problem is of course, the quick trade time frame turns out to be multi-days/weeks of missed rally. Looking back, it is my fault for allowing myself a bear bias in my decision making.  You can still consider the market as a bear market overall (I still do) but not let it sabotage your daily trading decisions.  I allowed my bear bias to keep me from entering trades despite the fact that perfectly sound advice to the contrary was provided daily on this site.  fwiw.