There are no trailing stops on level 1 . Tradestation code if T =1515 or t < 1500 then begin; buy next bar at h of data2 + .25 stop; sell short next bar at l of data2- .25 stop; end; if t = 1515 then begin; buy to cover this bar at close; sell this bar at close; end; if t > 1500 and t < 1515 then begin; buy to cover next bar at h of data2 + .25 stop; sell next bar at l of data2 - .25 stop; end; Today it lost $30
I dont know anything about backtesting and I dont know anything about this system but just eyeballing the chart and the rules it looks to me like on an ES chart you were down about 8 pts. through bar four but dont you reverse long as the top of bar four is taken out by bar five which ended up netting about 4 pts as the rest of the bars are either inside bars or extensions?
This is not the code for testing the MAK variation. YM vs ES Sorry, but I dont read anywhere that jack said it was only to be used on the YM. As to preceding conditions, none of those were mentioned by jack I tested his rules as he posted them. If you MAK can make money with this set of rules, that is a marvelous thing. Good luck with it.
An inside bar is inside relative to the previous bar, not to the largest bar in the "vicinity". Here are the trades 835 S 1221.00 930 L 1222.00 -50 1005 S 1217.50 -225 1045 L 1220.00 -125 1135 S 1222.50 125 1205 L 1224.50 -100 1515 out 1231.75 362.50 Net -12.50 b 4 commission
chicken, with iteration 1 on the es today you should have been +3.5 pts before slippage and commission. hmmm i see you start and end your day 8.35-3.15 that may explain it. 9:30-4pm est got you 3.5 pts.
tradestation "time" is at the end of the bar, so on 5 minute bars the first bar from the open is timed "835". This is exchange time, CST. I believe jack said it was ok to skip the first bar if one wanted to, but I included a trade from the open at 830 cst and hold/reverse till close at 1515.