Search results

I agree. There should not be any problems finding strong trends these days.... Banker

I think to make the order described above, you would use two separate Conditional orders. Instead of the OR, you would assign them the same OCA group. You would have to attach auto stops to both conditional orders. In case anybody else was wondering or cares. Banker

I'm also wondering if I can make conditions like this Buy XXX SCOX @ Market (SCOX SMART <= $16.95 AND SCOX SMART >= $15.00) ------------------------OR--------------------------------------- (SCOX SMART >= $18.01 AND SCOX SMART <= $19.00) I don't see the parentheses in the conditional...

I created this in TWS, and am wondering if it will work. Buy XXX SCOX Market I made that order conditional if SCOX SMART <= $16.95 ---------OR--------------- if SCOX SMART >= $18.01 Does that seem better than an OCA group? I like this way because I can attach my auto stop to the...

Thank you Shadowpug. That makes sense. I will try it out in TWS. I hope to be able to use the "attach auto stop" on my manually created bracket. I don't like to be in the market without an exit stop in place. Banker

Thanks Easyrider, I should have read the descriptions before posting. It sounds like bracket orders are out of the question. Does anyone know how I would create the conditional order that I want? I have never made one. The idea behind this type of buy is that: 1. I want to enter at...

Does anybody know if I can use bracket orders to enter positions with IB's TWS? For going long I would like to do this: Buy 100 XYZ at $9.00 limit ---------OR----------------- Buy 100 XYZ at $10 stop If one fills, the other is cancelled. Then I want to attach my auto stop exit order...

Volker, It was Jayford who brought up the idea of pullback to moving average. I think everyone besides myself in this thread has referred to them. I don't know why you would stop posting if you are having fun doing this. Why would it be not advisable from a system trader's point of view...

Volker, Since I started this thread, and am very interested in it, I get any replies sent to my inbox. I have nothing better to do, so I reply to the posts here. Sorry that I am so fast. You should not be doing any work for my benefit. Do the work for your own benefit. I don't expect...

Volker, Perhaps if the exits were taken out of the Glitch system, it could be looked at for entries. When I looked at your system results, like average # of bars held, it looked liked it was swing trading or scalping. This is not in my interest right now. Personally I wouldn't feel...

Volker, Any thorough dictionary should have a definition of trend for you. I think you will need to know more than what a trend is, and when it begins and ends. I don't believe that any system will work across all markets at all times. Good luck to you, Banker

Volker, Like I said in the original post, I'm not interested in swing trading or scalping. I think this Glitch approach would be better suited for a different thread. Good luck to you, Banker

Jay, Of course it makes a big difference what market you trade. In order to execute a pullback in trend strategy, there must be readily identifiable trend. What I was driving at, is that if there is a system that works in a trending environment, that system should work in a different...

I attached a chart where I marked some pullbacks in trend. The markings are a little crude to say the least. Hopefully it will give an idea of what I mean by pullback though. Banker

Jay, I would definitely consider a move back to a moving average a pullback. This is exactly what I am trying to enter. Perhaps I should have posted a chart to make it clear what I'm trying to do. It doesn't bother me if the strategy is being used on ES or Bonds or Live Cattle or...

I definitely agree that different stocks react differently. I also agree that not all reactions are created equally. I was kind of thinking I would get late entries with the 15 minute bars. Let's say I found a pullback I like on the daily chart. I then see this pullback as a down trend on...

Thanks for the suggestion, I will look into it. Banker

I plan on placing my stop differently than T does. I think she would put it below the entry bar if memory serves. Or perhaps below the prior day's low (long). That was something which never appealed to me. Of course you are betting on the reversal happening right then, and it makes sense to...

So which do you think is better for entry? 1. Trail buy stops along descending highs on daily chart 2. Change of trend entry on 15 minute chart 3. Cross of trend line or moving average on 15 minute chart 4. Something I haven't thought of yet. I want to be able to set orders to...

Thanks Wally. I love marubozus. I look for those types of bars especially. I didn't know they had a name. I'll have to study candles some time to learn some more jargon. Banker