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No matter when you enter, if you want your stop 1.5pts below your entry, and before you get your stop out there the market falls 2pts, you have big slippage on your stop. Thats all I am saying. If you don't use such tight stops/ profit targets its not a big deal.

Yes, yes you are right. But if you have a plan, and that plan is go long now, when filled stop at -1.25, target at +1.00, a computer might as well do that, otherwise these two things could happen: 1) You might miss the market in the 3-5 seconds it takes to get your orders out there. 2)...

Ask Zorak :D Seriously this is why. If you trading both contracts this means you have to transmit six orders, with the exit orders offset from the entry price, which is not known until the opening of the bar. This system is very mechanical. The chances for a human to screw up is very high...

Zorak, how did your live trading turn out?

A lot of the trades today have been really tight. By tight I mean that the contract never traded at a better price then the profit target. On paper I probably wouldn't have counted these fills. Quah, do you find that you almost always get filled at your price, even if it doesn't trade...

FWIW, the chart I am looking at for the 10:04 bar( actually 10:05 bar because 10:04 marks the end of 10:04 bar, not the beginning), has the opening as 847.75! In the end it will all work out. But it sucks to eat a double whammy on your first day.

No I didn't. Interesting how often that idea comes up :D 50 pages back someone had the idea to make the SAR a system unto itself, and at the very beginning there was talk about doubling down on the SAR trade because of its high confidence. All very interesting points.

I thought Quah was using 34,1,34 on the two minute?

when they pass the cookie plate around, don't be afraid to take your share.

Thanks Quah, that helped alot. On the 1min chart I set the %K to 34 and the %D to 34. That gives me the same shape as you have. Don't know why. As I said before I need to get a real feed.

Trying to use the same signals as you. I guess I screwed that up. I have fond that livecharts as a real time ES feed, with tick by tick charting of stochastics. I set the study type to stochastics, buy it only has %K and %D settings. I tried 17, 17, but it moves to slow. I think I'll try...

To the stochastics method. On ES I have a 0.75 profit, with 6 wins and 5 losses. Had 4 SAR reverses, including one double wammy. That sound right?

Great thanks. I agree that the setting don't have much to do with it, except that Quah is getting better results then me.

Quah, as I have been watching my trades, I have noticed that I usually get off at 1.00 pt profit target when 1.25 or 1.50 would have worked. In fact, I don't count a profit target fill unless it trades through the 1.00 pt, so in all cases 1.25 could have been possible, if I got a fill...

If anybody is serious about developing an automated system, drop me an email. It could be done fairly easy. TradeExecutor is about halfway there right now for this strategy, it just needs the stop and reverse functionality, and the signal to go long or short at what price. Stochastics could...

Well the ctrader method got hit by a double whammy today. My results are stinking up the joint. Actually no, they are not that bad, but compared to quah's run, they aren't very good. Plotting the forecast equity curve, the ctrader version after three days is biased neutral, meaning I might...

So I am thinking that maybe the stochastics 34,1,34 on the two minute chart is a good signal, better then just using the previous days bar. I might have to investigate that further. What are you using for a data feed quah?

The ctrader version seems to not be as accurate as the Quahtrade method, there is probably a 50% chance of getting a stop and reverse. However on the stop and reverse, there is 80% chance of winning. This is what is keeping me a float. Today 8 winners/5 losers. Up $90 so far on the day...

I am MST myself, but for Trading hours I always set my PC clock to EST.

Just let it run! If your clock is set to EST, it will automatically countdown to the next fibtime. After the last time it will clear until after midnight. http://members.shaw.ca/TradeExecutor/releases/Timer.exe Only 6 minutes to the first trade!