Recent content by A_B

it makes sense to buy trading systems with open source code and a clear discription. Black boxes are useless and dangerous.

I noticed the same. When we traded IBM the first time, IBM was the weakest stock, then it became stronger. On the last trade IBM was stronger than average.

Local maxima (blue points) / local minima (red points) defined by MACCI.

We can generate orders from Radar Screen to Interactive Brokers TWS using TWSLink.dll.

I consider that for strong/weak stocks selection it is better to use not fixed quantity of bars, but the value defined by INDU characteristics - time which has passed from last local maximum/minimum INDU. To find local maximum/minimum it is possible in the next ways: 1. Using oscillator on the...

We can use indicators of 3 types: 1. TRIGGER type. Trading signal generates when it is in overbought/oversold area and (a) changes direction or (b) crosses the signal line. 2. LEVEL type. Indicator shows overbought/oversold signals only when it is in overbought/oversold area. 3. DIRECTIONAL...

Count me. My programming skills with EasyLanguage are quite good. I can prepare indicator's code for testing. I'm going to test MTL CYCLE code during market hours today and compare results with historical backtesting.

Yes, it is a two way API. I tried to place dummy orders, get position size and check if this stock shortable. It works.

I found very good solution for Interactive Brokers - TWSLink twslink TradeStation can interact with TWSLink.dll the same way as with GlobalVariables.dll

How we can execute trades. 1. TradeStation 8 + TradeStation account. 2. MultiCharts + Interactive Brokers account. 3. TradeStation 2000i or TradeStation 8 or MultiCharts + Interactive Brokers account using third party dll to place orders and get execution reports. The last way is more...

I think we should test both MACCI(6,5) and MACC-653 during market hours and print results to the file. After that backtest the same day and compare results with live test. One remark: not all TT members have TradedeStation account so we have to use different data sources for INDU that can differ.

This indicator highly depends on price. I think that Inverse Fisher Transform is not suitable in this case.

Naeem, The code I posted works on MultiChart. The problem is that ExpValue(2*Cycle) is too high. I limited AbsValue(Cycle) to 100. Try to limit AbsValue(Cycle) to 10: Inputs: Price((H+L)/2), alpha(.07); Vars: Smooth(0), Cycle(0), ICycle(0); Smooth = (Price + 2*Price[1] + 2*Price[2]...

Corrected code: Inputs: Price((H+L)/2), alpha(.07); Vars: Smooth(0), Cycle(0), ICycle(0); Smooth = (Price + 2*Price[1] + 2*Price[2] + Price[3])/6; Cycle = (1 - .5*alpha)*(1 - .5*alpha)*(Smooth - 2*Smooth[1] + Smooth[2]) + 2*(1 - alpha)*Cycle[1] - (1 - alpha)*(1 - alpha)*Cycle[2]; If...

http://www.trade2win.com/boards/technical-trader/8448-path-least-resistance-advanced-ta.html#post78402 We can use some kind of ATR trailing to measure pullbacks. When the market is oversold and exhausted (1) and the stock is strong (2) and its pullback less than ~ 2 ATR (3) we will buy this...