The strategies described in Jacob Singer’s article in this issue, “Strategies for Daytrading,” are easily recreated in NeuroShell Trader and NeuroShell DayTrader.
To recreate the pivot-point strategy, first create a daily chart, then select “New Trading Strategy…” from the Insert menu, and enter the following long and short entry and exit conditions in the appropriate locations of the Trading Strategy Wizard:
| Generate a buy long MARKET order if ALL of the following are true: -And2(A>B(Volume, Mult2(2, Avg(Volume, 25))), A<B(Volume, Mult2(4, Avg(Volume, 25)))) -A>B(Close, Avg3(High, Low, Close)) -And2(A>B(Lag(Avg3(High, Low, Close), 1), Avg3(High, Low, Close)), A>B(Lag(Avg3(High,Low,Close),1), Lag(Avg3(High,Low,Close),2)) Generate a long trailing stop order at the following price: -Subtract(Mult2(2, Avg3(High, Low, Close)), High) Generate a sell long MARKET order if ALL of the following are true: -A>B(Close, Subtract(Mult2(2, Avg3(High, Low, Close)), Low)) Generate a sell short MARKET if ALL of the following are true: -A<B(Close, Avg3(High, Low, Close)) -And2(A<B(Lag(Avg3(High, Low, Close), 1), Avg3(High, Low, Close)), A<B(Lag(Avg3(High,Low,Close),1), Lag(Avg3(High,Low,Close),2)) Generate a short trailing stop order at the following price: -Subtract(Mult2(2, Avg3(High, Low, Close)), Low) Generate a cover short MARKET order if ALL of the following are true: -A<B(Close, Subtract(Mult2(2, Avg3(High, Low, Close)), High)) |
To recreate the red–green strategy, create a daily chart, select “New Trading Strategy…” from the Insert menu and enter the following long and short entry and exit conditions in the appropriate locations of the Trading Strategy Wizard:
| Generate a buy long MARKET order if ALL of the following are true: -A>B(Close, Lag(High, 10)) Generate a sell long MARKET order if ALL of the following are true: Generate a sell short MARKET order if ALL of the following are true: |
To recreate the high-low strategy, create a five-minute chart (note that you must use the NeuroShell DayTrader to create a five-minute chart), select “New Trading Strategy…” from the Insert menu and enter the following long and short entry and exit conditions in the appropriate locations of the Trading Strategy Wizard:
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Generate a buy long MARKET order if ALL of the following are true: Generate a long trailing stop order at the following price: Generate a sell long MARKET order if ALL of the following are true: Generate a sell short MARKET order if ALL of the following are true: Generate a short trailing stop order at the following price: Generate a cover short MARKET order if ALL of the following are true: |
If you have NeuroShell Trader Professional or NeuroShell DayTrader Professional, you can also choose whether the system parameters should be optimized for any of the strategies. After backtesting the strategies, use the “Detailed Analysis…” button to view the backtest and trade-by-trade statistics for each strategy.
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