finding an edge...simple?

your mind is your own handicap.

 

acrary is my idol. really, he is.

FRuiTY P.

 

Yeah, if I could understand how to do it.

FRuiTY

 

Give it a try. Skip the paper trading...LOL.

Do NQ and ES minis; they will be more fun when you see their synch for this approach.

 

Tried it on QQQ and SPY just for kicks, profit factor of 0.78 and 0.11 respectively. Code follows...

--------------------------------------------------------------------------------


Inputs:
Lookback(20),
VFactor(0.1),
HoldBars(3);

Variables:
LV(0.0);

LV = Lowest(Volume, Lookback)[1];
If Volume >= (1 - VFactor) * LV and
Volume <= (1 + VFactor) * LV Then Begin
If High < High[1] and Low > Low[1] Then Begin
Buy Next Bar on High + 1 Point Stop;
SellShort Next Bar on Low - 1 Point Stop;
End;
End;

If BarsSinceEntry >= HoldBars Then Begin
If Volume < Volume[1] Then Begin
Sell Next Bar on Open;
BuyToCover Next Bar on Open;
End;
End;

 

Pound the rock,

what timeframe are you applying this to - ex: SPY 5 min bars?

 

15 min "fractal"

 

pretty negative performance on 15 min spy, even with zero comission. are you using different inputs?

 

what's a 15min fractal timeframe?

does this fractal mean 1/2 minute interval price points or something?

 

I had abandoned this thread for a while and just now noticed your rather comprehensive reply. I can see clearly now...thanks