How To Make Money Trading The Markets.

i suppose i could try that. thanks

Mr charts

Has anyone ever automated this strategy using Interactive API or something similar?

O D T

I have no way of knowing if anyone ever has. If they have, they haven't told me

I said I'd talk about risk control and position size with the last half dozen trades when I had time, so here's the HAR trade post #452.
3 min candles
ATR 13
Bottom of candle 8c away
Worse case risk 13c
Let's say with this one your personal maximum risk on a trade is $100
100 / .13 = 769
Don't mess with odd numbers so trade 800
Maximum loss $104
Actual gain 62c x 800 = $496

Richard

CMI post #454
3 min candles
ATR 8
Bottom of candle 6c away
Worse case risk 8c
Let's say with this one your personal maximum risk on a trade is $200
200 / .08 = 2500
so trade 2500
Maximum loss $200
Actual gain 35c x 2500 = $875

JBHT post #466
1 min candles
ATR 4
Bottom of candle 2c away
Worse case risk 4c
Let's say with this one your personal maximum risk on a trade is $100
100 / .04 = 2500
so trade 2500
Maximum loss $100
Actual gain 31c x 2500 = $775

TEX post #467
1 min candles
ATR 12
Bottom of candle 9c away
Worse case risk 12c
Let's say with this one your personal maximum risk on a trade is $100
100 / .12 = 833
Don't mess with odd numbers so trade 800
Maximum loss $96
Actual gain 46c x 800 = $368

UPS post 468
3 min candles
ATR 20
Bottom of candle 9c away
Worse case risk 20c
Let's say with this one your personal maximum risk on a trade is $100
100 / .20 = 500
so trade 500
Maximum loss $100
Actual gain 64c x 500 = $320