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first stop loss is 4.25 pt on /ES contract and the second level is 6.25 which is safety . It is time trigger based and uses ATR for little activity detection. Does not trade Fridays and skip days when it thinks there is imbalance in market.
Basically the idea I got was the inherent nature of the market is to buy it when balance is there in market , that is the whole theory behind this.
There are key timeframes to buy which a normal trader knows but does not act on or misses or waits for news or event.
The program on other hand does not miss and goes for the buy.
Now it is free to public to programmers on this boars to use and modify but do send me email if u have serious thoughts of enhancing it. Pls make nice use of it.
Releasing the dvtrend ver 2 scale , I was not joking when I said invite money .
$220 mln is infinite for me , Current time in USA where big banks are ripping people in late fee and overdraft fee . They also are multiplying that fee to number of customers and making this money annually . This strategy does the same but with contracts not people.
Parameters:
Max: 1000000 - pls use carefully this is max limit of contracts for /ES - value 1 for beginner , 5-10 for intermediate and then is upto you how much u can handle . I prefer to keep this in 12 to 35..
Scale Amount - 2000 , this is amount when it adds a new contract , 1 contract for 2000 and 2 for 4000 in account , like that, most broker that limit set to 500 - 5000 .
Here are the simulations on 1140 days , which is approx. 3 yrs.
Pls use this on your own risk and test this thoroughly and send me email if u find any issues.
i found that if tested in strategy analyzer with slippage 1 , all gains go off poof.
That means there is .25 bid ask spread which has caused the issue , i would recommend ninjatrader team to have this included in performance report. So we can have this back tested like real world.
we are in elevated vix month , so it is better not to run this in sept , come back in oct to start this.
