Strategy coding - Would Anyone please take a quick look at........
my Trading strategy and give me an Estimate as to how much it may cost me / the time it may take to script / code my System. it is actually quiet simple and only has 2 Indicators that are involved. I will post snapshots to this Thread wih my Tradesetups/Triggers that I look for day in and day out and the confirmations of the 2 indicators and their setting. Thanks to anyone willing to take the time to assess my strategy. here it is.... I trade 2 contracts and use Ninja Trader as my Platform. My first target is 8 ticks, Once hit I move stop to BE and leave it there. My second target is 12 ticks. I enter each and every tradewith an 8 tick stop upon entry. i am basically going for a 2. times my initial stop as my taregt for profit. Now onto my strategy for Entry / trigger. i trade Divergences at eachtime the market makes a New daily high or New daily Low. I look for divergences on my MACD with a sling in overbought/oversold on my Stochastics. I also trade PB to DB / Dt with the MACD Divergence and Stochastic sling for Confirmation. BUT, the trigger for Entry must have a Cadle stick to signal Long or Short entry after everything else has confimed a trigger for entry ( The PA , Divergence, and Sling all first and then the Candlestick for trigger ). Below are some snapshots of my idela entries as well as the Settings for my MACd and Stochastic sling Indicators that I us. Any questions please feel free to ask me. Thank you so much to anyone willing to take the time to take a look at it -Mike P.S. the green Circles are circled around the " TRIGGER " candle.
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