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Here is the chart with my method of getting the Take profit to
trigger on the next bar , not the bar after if using the position
indicator .
I used the current model that Marge sent out
Neg volume – pos volume as the basis and the ES futeres.
Any improvements or other methods of adding TP and SL
will be gladly accepted
Martin Freixas i sent this to you . Attachments:
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Thanks Tovim , i will run them in the morning , bit tired now .
Will let you know . Cheers.
Michael.
Morning Tovim , well i played around with them ,
I changed it to Seek R squared . Then took the results into
excel . Made it a cross above and cross below to work the trades .
Ended up with 62 percent winning trades and 38 percent loosing trades .
There is not enough data there , 3.5 days of trading. Trading only during the
regular hours and exiting on the close .
I have to put in more data and see if the consistency holds up in the out of
sample set .
What i do is take the indicators that I have decided to try in NSDT .( looks interesting in NSDT) . Output the values as a csv file .
Open in CH , select the 8 inputs , set to R squared . Then run it for about 8 hours
See which inputs turn up in the formula , or which are dropped . Usually
the most important thing .
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