desert CA
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748
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Hi Alliyah,
Thanks very much for sharing and elaborating! Yes, I had been trying TOS's dom on 5min and 1min with mixed success on the 6e and ES. Before I had tried a scam signal service which was based on the daily and weekly charts and had horrible results. (how did I know it was a scam? I took results and saved them on a spreadsheet. After I had quit the signal service, I compared 6 months later what results the scammer was posting on his ad website. completely different equity curve off by +$60k! which would have been losing or at best floundering, and I saw the "historical" trades I hadn't seen when I was using it ,pop out of thin air to make the equity curve back into an upward slope , ha) So it sounds great you have a system you backtested on the 1hr for /ZC, /SB, and /YM. And with 1 hr based setups you don't have to worry as much about slippage and overall sluggishness of TOS which is horrible for daytrading by scalping. I assume you were using TOS's "thinkback" and on "ondemand"? "thinkback" does require a little different way of programming than regular TOS chart strategies doesn't it? I've made some modified strategies and the required boolean functions for TOS scan, but I haven't tried "thinkback" yet. I saw Prodigio, looks very nice and using the graphical only setup for coding. I hope it's based on a separate and faster application than TOS desktop. Thanks for the advice not to give up. Glad to hear you preserve red after a long road to consistent profitability. I'll try to keep that in mind on my own trading.
Right now I'm mostly doing options and TOS scans. I have a journal just starting out in the journal category.
Thanks!
Cloudy
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