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How is this different then what I have in example 2? Seems to me when you optimize this way the program loves very tight stops (as function of ATR) and trading increases share size. The risk will always be the same $2000 lets say. But You can risk that by trading 1000 shares with a two...

Topic #1: Position Sizing and Optimization 1. Is it always best to optimize and backtest using 1 share? Using this method you will find the best pure input settings without regard to position sizing. I am thinking this will get you the most accurate results when you bring your system live...

I also had to laugh when you said purchase inexpensive data from CQG. I checked it out put AAPL in my cart and it came out to $1100!!! But I have to congratulate you on a truly impressive business model. Free application, charge for support. This is an incredible value and the business model...

How do you know what keywords return what values? I couldn't find any documentation. Also I spoke to Esignal and they said that they only provide 2 years of historical data that can be imported to third party apps. The additional 10 years can only be used in Esignal itself. Is this true...

Wow... that is pretty impressive. I will surely have to look into this much more closely. You fish on internet boards for useful info and most of the time it's a swing and a miss. This is what makes communities worth while. Can tradelink pull intraday and overnight buying power from...

1. Has the ability to trade a portfolio of instruments. a) Multicharts allows me to backtest and optimize a portfolio but when it comes to trading I have to add each individual instrument and apply the strategy to it. This makes it very difficult for the system as a whole to know what...

I am just looking for something that allows my system to shut down if a certain drawdown is hit. This has nothing to do with looking at other charts. Although I'm not sure why would you want to look at other charts when you can plot almost unlimited symbols and time frames in a single chart.

Thanks. I that led me to barssinceexit which I was able to make work. Is there a money management function that will close out the strategy for the day if certain loss limit is hit? I want this to be regardless of losses on individual positions.... just the totality.

I was able to resolve this issue. Had to do with having my my stop and target statements in a an if statement that causing problems. I have another question. I want my program to wait for 5 bars after any position has been stopped out before initiating any new trades. Are there any...

This is strange. Just contacted tech support for help on this. Thanks PT.

For some reason this still doesn't work. The targets get filled just not the stops. What happens to the Stop order once the target order gets filled and vice versa? Does the other order get canceled?

I essesntially want to add a stop and target order once my trade gets executed. Below you can see in simple steps what I want to do. 1. I want to Buy at a moving average. 2. I want to set a target 2 points higher. 3. I want to set a stop 2 points lower. 4. If either stop or target gets hit...

Also, what if I have say 10 support points under the market and I want to buy at all of them and I don't have enough margin to do so. In other words I want my max position to be three units. But if I put buy orders at all the support points I want would theoretically use I generates too many...

I this situation what if the market is below a support point? Would this just trigger buys for all those orders?

The only way I have figured out to find the closest support point is to first calculate the difference between the close and each variable support point. Then once I have all of those differences I would find the one that is closest to 0 and not negative. Then I would need to associate...

But if the S/R's a re moving averages then the orders would change everytime a the moving average changed and could cause multiple entries based on the same S/R variable.

The only problem with that is I need to associate the support/resistance points with a moving average. A moving average is always changing values so if I already bought that moving average I don't want to buy it again.

Thanks for the replies. I am hoping there is some kind of function that can help me out with the first issue. I have figured out a way to code this but it is very lengthy and not very elegant. I thought what I am trying to accomplish in the first question is a common task in many...

This is a two part question: I have 5 variables that I want to use to make buy limit orders (Call them moving averages). My approach to this has been to try and find the closest support point to the current market price and create a limit buy order at that variable support price. Question...

That was adoreable. Paper bought 1 second before the the 30 minute candle closed at 6.20 when the offer was 5.70. They effectively faded the little star and caused the algos to start buying. I guess this action makes sense is if the employment numbers were leaked.