WyckoffTrader, agreed i have tried to program a few TS strategies. yes its very hard to tell trade station to trade discretionary based on market flow like your brain would. i dont think its impossible but i haven't seen a 'black box' automated setup that will scalp like a pro of 5+ years. these are two separate styles though. i always use stops based on s&r when im trading manually.
I have been watchiong your maxspan setup and I think the 90% profitable statement is an overestimation looks more like around 70%
Hi Bogan, That depends on what time frame you have been watching it from. 90% is from Sept 2006 to NOW. If your just looking at the last month then yes its about 72%. This hasn't been the best month but I'm very happy with the gains. Next month may be 92% and the next may be 83%. I trade it in a separate account and over the last two months that account is up pretty nicely. If you want to private message me I can give you some recent results. CajunSniper / Puretick.com Administrator-Trader
Statistics can be manipulated to come out w/ whatever answer the person wants. Unless they have AUDITED statements during this time that shows there so-called 90% win rate, I would take it with a grain of salt.
Trader273, Your right...! But I can even photoshop any audited statements. The best thing would be to get the rules and run your own back test. I have more integrity then that and would. It would serve no purpose since I play this setup in cash every day in my account and on our site. Has to be solid. We have scripts for eSignal and TradeStation available if someone would like to achieve the results on their own. They'd come out the same, but I'd suspect someone would even be suspicious of that. Cash real time testing it king. CajunSniper / Puretick.com Administrator-Trader
I mean audited I mean audited by a an actual accounting firm. I dont think you auditing yourself is going to serve much of a purpose.
Mate, Audited by an accounting firm would serve no real purpose and would be a waste of tiime and money. This would not be hard to do yourself simply by looking at the broker statements. I mean its a couple of trades a day not the Enron debtors and accounts rec ledger. My point is I think your statement that this setup is 90% profitable was for too short a timeframe (6-7 months)I dont doubt your honesty.
Its in a complex shtml link that will not post properly. But I will gladly PM it to anyone who wants it. Its something I dont like to spread across the net for everyone to see. Still a bit protective of somethings I spend time developing. CajunSniper / Puretick.com Administrator-Trader