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I have coded the Acme F system from Professional Stock Trading by Mark Conway and done some <i>preliminary</i> backtesting. Acme F is a Float Channel breakout and pullback strategy. For the three stocks I tested, AAPL, COH, and GOOG using daily charts over a 2 year time period, the...

Yesterday I got the Acme M System coded, using my modified position sizing algorithm. The main difference is that my algorithm won't return more than you can afford based on the Equity input. It also rounds to the nearest 5 shares instead of 100 shares. I'll post it next time I have...

I entered the Acme R (Rectangle Breakout) and Trade Manager systems, along with all their supporting functions, into TradeStation over the weekend. I was able to backtest the system over several stocks and time periods and was pretty surprised by what I found. My preliminary indication is...

Please excuse the formatting - the bullets are one level deep and the little o's are two levels deep. _______________________________________________ The Language of Models Models interact with their strategic components to make trading decisions. Communication between the Model and the...

We used my buddy's custom TradeStation strategy. My TradeStation learning has been going pretty well. I entered the position sizing function from Professional Stock Trading, and the EasyLanguage editor is pretty nice. It shows you the keywords in the language as you type so it is easy to...

The "test" was an optimization. That function runs a strategy using a range of inputs. We optimized for 3 inputs, which created a total of just over 4,000 individual tests. The point is that the processing power on my system was about the same as the processing on his system, so running...

The screen isn't really an issue, it is more of a shame. Eventually I may get a bigger screen (something that supports 1600x1200), but that is certainly not a priority. 1268x1024 looks good (the iMac screen is very high quality). Also note that since I am focusing on automated trading, I...

System Overview (Updated) The system consists of the tools and rules used to govern trading, providing a framework for specific trading strategies. The primary element of the system is the Model. A Model is a self-contained trading system combining internal logic with external Research...

So I got TradeStation up and running, and it looks pretty decent. I deposited $7k for now - again I won't actually be trading this account until December (manually) and January (automated). They started me off with $28k intra-day buying power, which was a surprise since my account is not...

Good news, my TradeStation account is now active so I can begin coding and testing. I'll post again after I get the core system up. Thanks, Chabah

OK good, thanks for the feedback everyone. It is true we are about to turn the corner and get into code and stop being so theoretical. The reason for the delay is that I am awaiting my TradeStation account to be opened so I can access the platform and start building and testing the system...

Review Here are the main points to be reviewed: System Integrity Execution Integrity System Effectiveness Account Correctness System Integrity The trader must verify that the orders being placed align with the strategies being used. Incorrect orders are an obvious danger to the...

Learning Example: Active Capital $100,000 Purchase Price $100 Initial Stop $95 Fill Price $101 Trading Cost $10 Target Risk Percent: 1% Q. What is the Target Risk Amount? What is the Position Size? A. Target Risk = 1% of $100,000, or $1,000. Position Size = $1,000/(100-95), or...

I plan on using TradeStation on a Mac through Parallels. I'll try to remember to post an update once I have it going. If you want to check in on my experiences overall I am keeping a thread under Automated Trading called "Chabah on Automated Trading". Good luck with the MacBook, they are...

In defense of bonds, if you have ever been involved with a corporate dispute you know that naming the compant/corporation can be a big no-no. It gives them basis to sue or counter-sue and basically negates any chance that you'll get paid. You really need to play nice and just badger them into...

If the system really works but then gets shut down by the broker, I think your problem is this "off market" thing. Now I don't know if your system is continually stepping in front of market makers or whatever, but the brokerage should be able to explain why it was shut down. If it is a matter...

I am pretty sure that you can use pure programming languages with TradeStation. I don't know the details but apparently you can plug in DLLs or something like that. Check it out and if you find anything handy, please report back. Chabah

I think you'll find my threat called "Chabah on Automated Trading" to be helpful during the planning phase. I don't see how you can backtest a system before coding it. Also, after you automate it you will need to backtest it some more to make sure the coding and automating are working as...

Unwinding Unwinding is the process of closing an open position, including the intermediary goals of capital protection, cost protection, risk protection, earnings protection and profit taking. There are multiple unwinding strategies that are separate from the research strategies (although...

Hey when y'all are finished figuring out the market trendiness, don't forget to look at specific sectors, too. As for the daily trendiness, rather than take the open (MO) and close (MC) you might make use of the average high and average low measured at various times during the day. For...