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TBA, originally it was my intention to follow the advice of Zizou and waste no more time on this. But since you, unlike him, are a kind soul, your post certainly deserves an answer. The script already scales out on MAs, 1/3 when prices hit MA20, another 1/3 when MA40 is hit. IMHO it is...

ddefina, you've hit the point exactly. It's a fairly conventional system based on principles you can read about in nearly every trading book - back to Edwards/Magee originally published in 1948. That's what made it so appealing to me - after all my recent scripting work with adaptive MAs of...

TBA, I don't know Zizou, never heard about him, and yet I did answer. I don't even expect an answer from him, however. Now to your Questions: I wrote that there was nothing wrong with the script (with emphasis on "script") because I got the impression to smell a rat. That was my way of...

Zizou, please kindly allow me to correct some of your statements that seem to be aimed at me and to give some comments. 1. I'm in no way associated with Wealth-Lab, Inc. and therefore have absolutely no interest in promoting their software or website. I'm a private trader and live in France...

I have coded the Traders' Paradise system. It's now publicly available at the WL website.

For candle stick analysis see my script "Candle Pattern Detector". As far as TPS is concerned, I can only say that I am *very* disappointed. Maybe the bad performance is due to the "fuzzy" description of the system and my interpretation. It would certainly be helpful if someone who has...

I have coded the Traders' Paradise system. It's now publicly available at the WL website. If anyone can tell me how to make money with this system I'd be glad. Spent a lot of time coding this, and it seems just to have been an exercise in futility.:mad:

In all time frames the stops are moved 1 tick with each new bar. The script and my testing is just a first try on this. There is of course much room for optimization. Statistics for ES02U, 5-min: All Trades Long Trades Short Trades Buy && Hold Net Profit 12 781.89 $ 2 639.60 $...

Here it comes: var Start, Bar, NumberOfTicks, StopPriceSeries: integer; var Tick, StopPrice: float; EnableNotes(false); StopPriceSeries := CreateSeries; Start := 20; NumberOfTicks := 10; Tick := 0.25; BuyAtMarket(Start, 'First Trade'); for Bar := Start to BarCount - 1 do begin if...

I'm not talking about what the system "would" or "should" do. I was just posting the results of my backtesting, because I thought some hard facts might be of interest here in this discussion. Here are some results: test period: 6/13 - 8/2 ES02U 1-min: Net Profit -1493.60 $ ES02U 5-min: Net...

I (arbitrarily) started the trades with a buy order to get things going. There was no trend detection necessary at all, because the first trade doesn't influence the results significantly, since the system produced 212 trades for 5-min data and 1375 trades for 1-min data for the given test...

This is not a matter of belief at all, since tests can be easily done. Profitseer's system is so simple that it can be coded in just a few minutes. I've done it, and then backtested it on ES02U. It doesn't seem to work on 1-min data, but performs quite well on 5-min data. Seems to work on YM...

Hello, I'm new to Elite Trader, and I'm glad to have found some people interested in pairs trading. I have published a pairs trading system on the Wealth-Lab website (http://www.wealth-lab.com/), and there have been some discussions about it, but I think we can never have enough people thinking...