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Excellent! thanks, -Hoo_doo

Hello, Has anyone out there tested the AmiBroker auto-trade interface for IB using a paper trading account? I'm currently using Tradestation to build and test strategies, but I'm thinking of testing AmiBroker for automated trading. I've been reading about some bugs and drawbacks and I'm...

I guess it depends on your idea of "reasonably priced". I'm not sure if there are any that will allow you to do that without any programming, but tradestation's easylanguage is very easy to use whether you're a programmer or not. TS might not meet the reasonably priced criteria though. TS is...

Hello Everyone, I'm currently testing and developing an automated version of the New Trading Dimensions strategy by Bill Williams. If you're interested in seeing how this system works you can go to the following link and scroll to the "Automated Strategies" section. There's a link to my "New...

Hi Sandy, Actually, I haven't been monitoring it lately. I had someone that was going to help me track the success of the system, but some things happened and this person decided to stay away from the market for a while. This person was also funding my tradestation account. OUCH! So, at...

b1s2, This is your picture from today ( I assume ). I doctored it up a little so it may not look that great. The circles on RSI mark what I would consider divergence. The buy for me would come when price came back and "tagged" the bollinger band. -Hoo_doo

This is a perfect example of what I mean by "subjective". The only trade that I see on yesterday's chart is the second short that you have listed. To me that looks like a "perfect" double top with a solid divergence in RSI. I would not have taken any of the other trades and as a result, I...

Thanks for posting the ES chart. A 3 minute ES is what I started out trading with RSI and Bollingers. I used a 1.5 point stop. Unfortunately, I found the double top/ double bottom method to be a little too subjective for me. I traded this method along side a person who was VERY successful...

Hello Everyone, This is an article by John Murphy: http://www.stockcharts.com/education/TradingStrategies/MurphysLaws.html I'm sure people have already read this stuff, but I found it to be pretty interesting. I have a strategy that I'm automating that uses similar rules and it has been...

Buy1Sell2, I used a similar strategy at one point. I looked for divergences between price and RSI as well as tags on the bollinger bands. The MACD is a nice touch though. The problems start when price is solid up or solid down. When price is moving solid in one direction RSI creates a...

Thanks Karla, I'm going to be reading Bill's new book when my friend finishes with it. I'm definitely interested in any new information that he has available. A friend of mine is also buying Bill's home study course. I'm awaiting his verdict. -Hoo_doo

Thanks humble1, I agree with your assessment of back testing. I'm acutally watching this in real time on futures charts and trading it on stocks. There are a couple of reasons why my average winners are smaller than my average losers. 1.) I scale in to the position. My winners get...

I was wondering if anyone was going to ask about that ;-) If you read through New Trading Dimensions you'll see that Bill Williams adds on "zone trades" up to 5 times. According to Bill, adding on after 5 bars becomes a little unreliable. Bill Williams also starts setting a trailing stop...

I'm a systems engineer and software developer by trade. I've been trading for several years and I have coded a successful automated strategy. As much as I enjoy my work as an engineer, I've considered the possibility of trading for a living. I'm in a situation where I can take 1 of 3 paths...

Right you are my friend! However, adding in commissions has very little affect on my performance report. I can add in slippage and repost the results if you'd like to see them again. Please let me know what slippage you would like to see and I'll add it in. Thanks! -Hoo_doo

Here is the performance report for the Euro. Trades start at 11/02/00.

Hello Annaland! The performance obviously depends on the symbol and the time frame, but I'm attaching a copy of the strategy performance report from Tradestation. The performance report is from the same Euro chart that I outline on my site. The performance report states that it is from...

Hi Karla! Thank you for checking the link to my email! My email is working now. I accidently mistyped the address. D'oh! I've found that the pyramiding definitely adds to the profitability. I look at it like this; I get in for one contract and if it goes bad it's really not a big deal...

Thanks empee! The sideways choppy market is definitely an issue. At the moment I take the "fishing" approach to avoid getting beat up in the chop. The idea being that I'll get in with one contract and if the other indicators show that the market is in my favor I'll add on really aggressively...