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| TheRumpledOne 6,529 posts msg #70729 - Ignore TheRumpledOne |
1/16/2009 1:08:04 AM No back test!!!! Ha These are stats for one year. Criteria: Enter only after a gap down. Buy at 0.30 above the open profit target $1.50 Sell on open of next bar running 10 min bars, You hit the profit target 80% of the time, the dollars calculated using 100 shares. ====================================== Entry is at open + .10 through open + .20 in direction of fade until gap fills. Profit target is at open + .50 (for testing purpose) |
| Eman93 4,750 posts msg #70730 - Ignore Eman93 |
1/16/2009 1:12:35 AM The ideal program would set profit target with a trailing stop, set a stop loss of 0.40 cents have the abilty to re enter on the same day. sounds easy right....... The thing works on bar time scales and price sort of, if a bar closes it checks if its above or below your sell price the enters the sell order. |
| Eman93 4,750 posts msg #70731 - Ignore Eman93 modified |
1/16/2009 1:24:01 AM I know. But if it clears +.30 it gose to 1.50 61% of the time. If you change it to .20 it drops off...... I can runn it at +.20 and .50 profit it will hit the 90s but it is kind of a fake number becase the stop is not in. The stat above is, if you enter a trade at open +.30 on a gap down day and hold for a 1.50 profit....no stoploss. |
| Eman93 4,750 posts msg #70732 - Ignore Eman93 modified |
1/16/2009 2:10:26 AM
This is on a gap down Buy Open +0.20 sell 0.50 profit. PS I was running an older code that had a way to peek, it wouldnt enter a trade on the back test if the candle was red, only green. |
| TheRumpledOne 6,529 posts msg #70745 - Ignore TheRumpledOne |
1/16/2009 10:59:48 AM
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| Walid 130 posts msg #70758 - Ignore Walid |
1/17/2009 12:26:37 AM Eman, C# codeing is what I do for living. Please let me know if I can be of any help. BTW, at 2:00 AM you will suck at almost any thing, get some sleep :-) |
| stratigf 43 posts msg #70816 - Ignore stratigf |
1/20/2009 10:31:13 PM eh TRO, I've downloaded your BZ indicators for esignal and also received your donation indicatiors for MT4, but I am considering going with Ninjatrader. My question is have you coded the indicators for NT? If you have can I receive them and if you have not could you code them for a price of course. Thanks, Static G |
| Eman93 4,750 posts msg #70844 - Ignore Eman93 modified |
1/22/2009 12:00:34 AM Walid - Ignore Walid 1/17/2009 12:26:37 AM Eman, C# codeing is what I do for living. Please let me know if I can be of any help. BTW, at 2:00 AM you will suck at almost any thing, get some sleep :-) Wealth lab my be your gig, you can totaly automate trades, when it dosent lock up, HO HO. The 5.1 is unstable in live sessions....they are working on a fix. This is the code /* 1. Long only 2. If today’s open is below yesterdays close then I buy at a few ticks above the open. 3. Profit target $1.00 fixed 4. No stop, but liquidate open position(s) on EOD. 5. 1 trade per day */ using System; using System.Collections.Generic; using System.Text; using System.Drawing; using WealthLab; using WealthLab.Indicators; namespace WealthLab.Strategies { public class MyStrategy : WealthScript { protected override void Execute() { PlotStops(); int dayOfLastTrade = 0; SymbolInfo si = Bars.SymbolInfo; double ticks = 3 * si.Tick; // a few ticks // Get the Daily closes SetScaleDaily(); DataSeries dayClose = Close; RestoreScale(); dayClose = Synchronize( dayClose ); // Find the start of the second day int stBar = Bars.Count; for(int bar = 0; bar < Bars.Count; bar++) { if( Bars.IsLastBarOfDay( bar ) ) { stBar = bar + 1; break; } } // Here's the main loop - start on the second day (so that you know yesterday's close) double todayOpen = Open[stBar]; for(int bar = stBar; bar < Bars.Count; bar++) { if( Bars.IntradayBarNumber( bar ) == 0 ) { todayOpen = Open[bar]; dayOfLastTrade = 0; } if (IsLastPositionActive) { Position p = LastPosition; if( Bars.IsLastBarOfDay(bar) ) { if( bar == Bars.Count - 1 ) SellAtMarket(bar + 1, p, "EOD"); // generate an immediate sale/alert if last bar in chart else SellAtClose(bar, p, "EOD"); // for backtesting, just sell at the closing price of this bar } else SellAtLimit(bar + 1, p, p.EntryPrice + 1.00, "Profit Target"); } else if( todayOpen < dayClose[bar] && dayOfLastTrade != Date[bar].Day ) { if( BuyAtStop(bar + 1, todayOpen + ticks) != null ) dayOfLastTrade = Date[bar].Day; } } } } } |
| Eman93 4,750 posts msg #70845 - Ignore Eman93 |
1/22/2009 12:40:01 AM What is nice is you can back test on 1 min data for years and years if you like. I can send it to you in a text file if you like...I burned a lot of hours trying to get it to work. I can send any other info, I think I have the manual in a PDF. The thing I like about the MTC is you can see the stats and you can see it work every day. On Gap down days you win a dollar 80% of the time. Just a quick thought, if put your stop loss at $1.00 and won a $1.00 at a rate of 80% after a 100 trades with 1 share you stand to profit 80 dollars. so at 1000 shares you make 80000, it is very cash intesive, we need a way to catch the runners too. I can only go long hence the gap down play. I have a day job and cant trade all day long or I would just do the MTC all day long, I would spring for the 100 a month for Trade Station and build the MTC radar like TRO has, it is very hard (for me any way) to gage the action from a simple watch list and by the time you flip through 5 stock charts you have missed the trade. I thank you for your willingness to help in this endevor...... |
| nojobmaui 19 posts msg #70865 - Ignore nojobmaui |
1/23/2009 12:39:28 AM Eman It so incredible that you have done this! Thank you |
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