Testing a new strategy

[ddav]

Then there is the YM. See picture. (both support and resistance competing on this chart) My real time chart starts off blank as do all real time charts. Then the 10 horizontal lines are drawn by the strategy. The next thing to appear on my real time chart are the candles that progress up to the pre formed line on my chart ( hits it to the tick) and as this top candle is forming, the strategy issues a red down arrow and a yellow right pointing arrow is placed right at the tick that the YM market decided to stop its upward thrust and decides to reverse and proceed downward. The strategy is telling me to enter the market at this tick and proceed down to the next signal. What does the market do? It proceeds down through all horizontal lines and on the bottom candle on this chart it issues a blue buy arrow, exactly at the tick that the market decides to stop its downward thrust and proceed upward. T0 where and how far? I and the strategy do not know.
On the 4th up going green candle as it hits to the tick the top purple horizontal line that was placed by the strategy, the yellowy cap to the tick teal time as the candle is formed and hits the line pictured, is placed. What is the strategy telling me at this time? It is telling me that the market has decided to stop its upward thrust at this tick (market capped) and to exit my position and reverse on the next candle and proceed to the next signal not pictured. 555.23% net Annual Rate of Return as per Trade station objective profit report. Questions?

 

[ElectricSavant]

There is a 1/2 hr. time buffer for you to go back after posting.

Good trading to you...

ES

Quote from ddav:

Ele....., thank you for your help. I see I am prohibited by the forum to go back and correct my previous posts, however, I will try to do it in the future. Thanks again.

 

[ddav]

Ele.....,thank you again. You have been most helpful. It is very refreshing to see helpful, intelligent adults do exist on the forum. From some of the other posters to this thread, I was starting to have concerns. Again, thank you and your help is appreciated. I may be in the process of trying to show others what I have come to think of as the greatest trading strategy ever written, but then I must admit I have not seen them all, maybe only hundreds to perhaps a thousand, surely less than some on this forum. It is not easy for a poor trader like myself, see results above, to show others how to use a strategy that is getting net 555.23% AROR. I was hoping that some intelligent, adult traders on this forum would step forward and join in with helpful, constructive advice. In any case I will fumble along in my very armature way, because from my posts you may be aware that I am no professional presenter.

 

[NoDoji]

Quote from ddav:

Then the blue buy signal arrow is placed on the candle labeled B1 as it is forming. Questions?

Amazingly, I see your thread is still alive and you've yet to post a real time signal (which involves nothing more than typing "This HH:MM am/pm candle forming is a buy/sell signal").

Question 1: Since you are able to post long paragraphs and screen shots, surely you can post at least two real-time signals today as a candle is forming based on the arrow that's placed on your candle chart as the candle is forming, no?

Question 2: What time frame is your chart?

 

[ddav]

Interesting day in TF Monday and the strategy preformed as usual. It issued a buy on the last downward thrusting bar in the AM and then issued a sell at 788.40 on the high bar of the TF for the day. see picture.

 

[ddav]

The next signal of the strategy was a buy 12:55 CST bar at 776.6. see picture. It failed at the top blue line that the strategy had placed on my live chart for this signal in same picture.

 

[ddav]

There were no other teachable signals issued by the strategy for the rest of the day in the TF. I am very new to this strategy and I am still learning how to best use it. It does show me the market action and to the tick. I may elaborate on that later if there is any interest.

 

[ddav]

Nod...., thank you for your interest. I am sorry that I am not as fast as you. I do not think I will ever be as fast as you and I hope some day you might be able to understand that. See picture of this AM TF signals on a 5 minute chart running real time without any support/resistance lines.

 

[ddav]

Sorry, I accidentally included a resistance line on that last post. I hope it did not confuse anyone and it was not a deliberate attempt to deceive anyone.

 

[ddav]

For emphasis, Let me restate my last post. It was "CERTAINLY" not done to deceive, mislead, obviate, misdirect of confuse anyone on this forum.