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Thanks for the suggestion. No, I haven't tried it on anything else. I don't have the historical data to test other markets. All I wanted from the system was a consistent winning percentage above 50% each year (so that drawdown periods would be short), and a positive average trade. It didn't...

I hadn't tried other time frames. The 5 min. time frame just felt right. The only time that the time frame matters is when the trailing stop switches to using the parabolic stop. I had to build a table of slopes and figure out what adjustment factor would work the best. If I used a different...

Thank you for the link to the article. I printed it out and read it. I wish I had seen it before I started working on my 300+ line easylanguage system. If this test works, I'm going to try out some of the ideas and see if I can create a revised version with less code. The percentage for the...

No papertrading today. Yesterday's range was larger than the day before. Slept in and woke up very tired. I had a dream I went back to my old company and was trying to see a friend of mine. While waiting in the lobby, my old boss came out, saw me, and got secuirty to remove me from the...

I could display the daily statement, take a screen snapshot, and block out the stuff I don't want to display. I think this would just bring out more attacks from envious people and the usual "doctored statements" flames. I think I'll just post observations between real, papertrading, and...

It's a volatility breakout system. It measures the range for the past 5 days. Then it figures out the lowest of the 5 ranges and adds/subtracts a percentage of that number from the next days open. It also uses a sliding envelope for the exit and reverse point. For example, if the breakout point...

I guess I've just been lucky. My setup works fine as has since last year.

Last night I was leading my family to ruin. Today I'm out to rip everybody off with a new can't lose system. Yes folks, I have this can't lose system. You just put in $2,000 in one end and out pops a million dollars. No work, no sweat. It just magically appears. As an added bonus I promise to...

One trade today. Short from 878.50 exit at 871.75. It looks like the parabolic factor used was .04. The trailing stop triggered a exit as soon as it was calculated and a new bar popped up. This has happened many times before. In those cases I could see it was likely, so I was waiting with my...

As far as I know, the Emini didn't exist before 1997. I don't have the ability to make continuous futures contracts, so that's another limitation. On the plus side, in the past 6 months of testing, trading off the Emini data instead of the SP has been slightly more profitable (not noticeable). I...

I view successful systems as successful traders that allow you to look over their shoulder in realtime trading. I suppose some people buy them to trade, and originally I did too. Now, I'm more interested in learning the thought process behind the trade and what the system is trying to capture...

From what I could see in his realtime posts it looked like he was stressed out while trading. I was stressed out the first week of papertrading. I'm not anymore. Maybe I'll be stressed out on Friday. If so, I'll get up and my wife can enter the trades. I'll go work out some more. Is this what...

No, I haven't traded with REAL money. I've invested a year of my time and about $12,000 buying an education before I place my first trade. I do EXPECT to make a living right from the start on Friday 11/1/2002. From what I've gathered, the necessary components of successful trading are...

Yes, I have thought about the psychological components long and hard. I use a Appian multi monitor card with two monitors. Here's a screenshot of what I've been looking at all day. I put a piece of masking tape over the open p/l so that I never know what the equity is during the day. On the...

Here's the equity curve for the backtest and forward test period from 1/1/1994 - 6/30/2001. The smoothness is caused by varying the number of contracts. On average the system makes a new equity high every 12 trading days. The drawdown periods were cut short by using a variation of the Martingale...

Here's another one from last week. This time the first breakout didn't work. The market reversed and the second trade extended the range for the day enough that the parabolic stop was kicked in. The factor used in this trade was .02. Notice how the exit happened just as the market stopped...

Here's a chart with the entry/exits for Friday and Today. My method is fairly simple. Buy breakouts and follow with a trailing stop. It's based on volatility. I look at the past five days range and use the smallest range to figure the breakout points. The amount and percentage used change as...

I'm sorry if I've offended some of you with my life choices. At one time my income was probably in the top 5% of working people in the US. If I had told a guidance counselor in 9th grade of my plans to generate an income that would be higher than 95% of the population, I'm sure I would've met...

Thanks for all the advice. I probably should have asked for it over a year ago when I was starting out. From the pm and posting's I haven't seen anything that we've missed duing the testing stage, so I'm hopeful the system will work as designed. Did lots of testing over the weekend to see...

I didn't finish it over the weekend. I was doing testing and didn't get to it. As soon as I finish it, I''ll convert it to a pdf file and zip it. Hopefully it'll be under the byte count restriction for posting. Should be another day or two at max.