Anyone use my method?

Steve

Are you using tradestation to trade this system? I have been watching it using Ensign ever since you mentioned it a few months ago, however my results are not as good as npp's.
I was thinking of switching over to Tradestation.
Is it ok to pm you please? Thanks in advance.
 
I'm going through the previous thread as I write. I'll try to automate this system in the next week or so. I would also be interested in the new journal if there was to be one.

Thanks for putting the time in to share your ideas.

ozzy
 
no pm,

Thanks for bringing this topic back to life. I somehow missed the original journal. There are so many of them and most are hopeless, but yours was one of the best.
 
Quote from no_pm_please:

Here's Thursday's trade:

Profit +9.50
Risk 2.25 pts.

Reward:risk ratio 4.2
More...
Your short exit looks like also a long setup, right?
 
Quote from HooLee:

Your short exit looks like also a long setup, right?
More...

No, each trade follows a progression as described in the original journal. On Thursday it didn't happen. Only the trade I described was accurate.

npp
 
Quote from Samson77:[/i]

npmp

I set the system up last night on Ensign and manually went through November but as others have mentioned my results where not that great either.

Here's what the set up looks like with and IB feed.

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As no-pm mentioned, the system doesn't perform well during trend days, like we had in november and december.
 
I read through the original thread. Interesting, although to me it looks like the Keltner channel is pretty much the same as the Bollinger bands. It also has the same characteristic of not working when the market is in a trend.

So I guess this system could be used very well after a runup when we expect consolidation for a few days, or after a big drop... Otherwise I don't see much difference than using a plain Bollinger....
 
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