trailing stop following indicator
|August 31st, 2015, 08:23 AM||#11 (permalink)|
Futures Experience: Beginner
Favorite Futures: ES
Posts: 30 since Apr 2015
Thanks: 20 given, 21 received
You are right in that I don't have a well defined entry strategy. I have it at 90% but when looking at price action and what has been happening, I cannot qualify that in code with a set of rules right now. For example, when in a tight sideways channel or choppy market, I don't know how to create a rule base that will keep me out of entering a trade under those conditions (do you have code that does this?). Visually I can see these conditions. What typically happens with a strategy is I get whipsawed with entries and exits under these conditions. Manually, I can see these conditions and make the choice on whether to enter. If you have a good strategy that identifies chop or can determine the size of a channel and whether there is worthwhile room for the trade to happen, I'm all ears on that!
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