Wow so many replies
here more info
im currently trading with several automated systems ive coded in the last 3 years or so, some are ''scalpers'', some are trend following, some are trend fading, etc.
the parts of the sct system ive coded are only the volume gaussian indicator and the channels. to automatically draw channels correctly you need to code a automatic price high and low detector, which isnt too hard. then you are able to draw channels.
i still have some bugs to work out, but its definitly looking good. even better, my thing is fully backtestable. you run a replay with tic data, i have accumulated several years of tic data over time on ES, NQ, ER (now TF), YM, MC, and other futures. i just load up a replay chart, load the bot, and replay the years of data, and you get the results.
the way it works is like this. imagine from a price low, we have a couple of up bars, then we have a retracement, making up a high in price. then when the price resumes its upmove (if it does) it will create a new price low as soon as the high of the previous bar is broken (thats the confirmation of the low). when we have this 1-2-3 formation, my bot immediately draws the channel (it traces a trendline between the 2 lows mentionned before, and it extends it to the high), if the volume gaussian indicator confirms the direction (rising black volume on the upmove, decreasing red on the retracement), it takes the long entry as soon as the low is formed, with the channel lines as tgt and stop. the tgt and stop moves on every new bar to follow the channel. thats all it does. and it works seriously great. its very simple. i honestly didn't really care for the rest like those obscure definitions of FTT FBO LATERAL etc etc. maybe they are ''finer tools'', but i don't care for them really as i believe they are misleading because they are not taking into account the normal ''noise'' of the market, and they will lead to things like premature exit, false reversals, etc. I learned the hard way the simplest method is always the best.
of course it looks even better in hindsight, like any other system. but the way i do it allows for real time everything. and yes i do get fakeouts and losing trades and i don't get 300% intraday range results, but its still well above anything else i've worked on or seen anywhere else.
for those saying i am a ''SCT superstar'' now and few months ago i was looking for ''info'' on the method, i was actually looking for the code to draw gaussian lines, and i obtained it by decompiling PEPE jh indicators for ninja trader. sorry PEPE i had to reverse engineer your indicators without permission but i tried to contact you and you never replied, so i shamelessly did it.
best trading to you all.
here more info
im currently trading with several automated systems ive coded in the last 3 years or so, some are ''scalpers'', some are trend following, some are trend fading, etc.
the parts of the sct system ive coded are only the volume gaussian indicator and the channels. to automatically draw channels correctly you need to code a automatic price high and low detector, which isnt too hard. then you are able to draw channels.
i still have some bugs to work out, but its definitly looking good. even better, my thing is fully backtestable. you run a replay with tic data, i have accumulated several years of tic data over time on ES, NQ, ER (now TF), YM, MC, and other futures. i just load up a replay chart, load the bot, and replay the years of data, and you get the results.
the way it works is like this. imagine from a price low, we have a couple of up bars, then we have a retracement, making up a high in price. then when the price resumes its upmove (if it does) it will create a new price low as soon as the high of the previous bar is broken (thats the confirmation of the low). when we have this 1-2-3 formation, my bot immediately draws the channel (it traces a trendline between the 2 lows mentionned before, and it extends it to the high), if the volume gaussian indicator confirms the direction (rising black volume on the upmove, decreasing red on the retracement), it takes the long entry as soon as the low is formed, with the channel lines as tgt and stop. the tgt and stop moves on every new bar to follow the channel. thats all it does. and it works seriously great. its very simple. i honestly didn't really care for the rest like those obscure definitions of FTT FBO LATERAL etc etc. maybe they are ''finer tools'', but i don't care for them really as i believe they are misleading because they are not taking into account the normal ''noise'' of the market, and they will lead to things like premature exit, false reversals, etc. I learned the hard way the simplest method is always the best.
of course it looks even better in hindsight, like any other system. but the way i do it allows for real time everything. and yes i do get fakeouts and losing trades and i don't get 300% intraday range results, but its still well above anything else i've worked on or seen anywhere else.
for those saying i am a ''SCT superstar'' now and few months ago i was looking for ''info'' on the method, i was actually looking for the code to draw gaussian lines, and i obtained it by decompiling PEPE jh indicators for ninja trader. sorry PEPE i had to reverse engineer your indicators without permission but i tried to contact you and you never replied, so i shamelessly did it.
best trading to you all.
