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barssinceentry

works fine on my end. the orders are oco.

buy("My Buy") next bar (MovingAverageFast) limit; sell("My Target") from entry("My Buy") next bar (MovingAverageFast + 2) limit; sell("My Stop") from entry("My Buy") next bar (MovingAverageFast - 2) stop;

Thanks for the info. I'll look more in to Iron Condors!

Unless I am misunderstanding what you are trying to do, this is certainly possible. support[0]=average(c,10)+avgtruerange(20); support[1]=average(c,20+avgtruerange(20) support[2]=average(c,30)+avgtruerange(20); support[3]=average(c,40)+avgtruerange(20)...

In the strategy properties you can set the strategy to only execute orders generated by a different entry order. Then you just submit a different order for each s/r level.

store your support and resistance points in arrays. Then use loops to determine the closest level.

Great point Wayne. I didn't think about the overnight risk. What about trading on futures or forex, which are basically 24/7 (except for the weekend risk)?

I've created this interesting strategy for options trading and I wondered if anyone had tried anything similar. I always though selling options was a bad idea, but this brings about an interesting form of hedging. I'm going to do some research on the validity of the strategy, but I would like...

The following function will help you round to the nearest tick above or below the number. inputs: price(numericsimple), upordown(numericsimple); if upordown=1 then round2tick=ceiling(price/tick/10)*tick*10 else if upordown=-1 then round2tick=floor(price/tick/10)*tick*10 else...

That is a very tough question to answer. I believe it depends on your requirements as a user. TradeStation is very nice in the sense that it is simple. Execution as well as datafeed's are fully integrated making this a one stop shop. Additionally, they will handle correcting things such as...

I been designing trading systems for over 8 years now and I've pretty much come to the conclusion that even if a system will work over time, it will need tweaked. Therefore I created indicators from my systems so I can use discretionary money management (that's where my systems had a hard time)...

What are the safest and cheapest stocks? I don't neccessarily want penny stocks, but maybe stocks under $5 that are relatively safe. For instance I am looking at FNM because the government has proven to me that they are not going to let them go bankrupt. What are some other good ones?

I came across these guys today. Maybe they can help point you in the right direction. www.MooreTechLLC.com

Depends. There are several 3rd party api's available to execute your orders. Some are more complex than others, but most are pretty simple. Once you connect to the API, everything else is cake.

I have used TS through different brokers for a while.

10 minutes to go. Hope you're right.

TradeStation and Matlab. Would love to get away from TradeStation, but they have a simple framework in place that I haven't found a replacement for!

That is the problem with FX. They are unregulated markets and can do that if they want. That is why I only trade currency futures.

They also say it is possible to make 20%/month with their method. Are you saying you can do that simply selling theta? My limited experience with options is that selling theta will make about 1-2% per year LEVERAGED! Am I missing something?