here is how i see your trades, because the bar has to close for the signal to form. otherwise how would you know at the open of the bar that the pattern has been met? i broke down the trades individually so you can see what is really happening. the last two trades i don't know where they will get out but i am guessing the trades were taken on the close of the bar also? also you posted a system using the parabolic most all these indicators are lagging and what looks the eye as obvious is another story in real time execution. when you can actually program your ideas into a mechanical model then reality of the idea can clearly be seen. below an example of perry kaufmans indicator from his book smarter trading made into a mechanical model that has positive results. this takes the human eye out of the process.
Interesting points! I trade 2hr intraday contracts. Entering within the first 15 minutes from the start of that time period. I don't trade based on patterns but now that you point this out, that's interesting! Momentum and volume are very reliable sources for usable data. I'm still working on perfecting my execution time because that has nothing to do with how accurate your system is. It's now about eliminating human error. I'm still learning and definitely not claiming to know everything about trading. You seem like you have a few tricks up your sleeve.
If you are testing based on whole bar but using open for entry on signal bars, you are stealing information from future skewing results to be too positive. If so, not grail, though actually hard to prevent all such errors and to find something consistent. You may want to start simulating results of your signals instead of eyeballing formula values. Been there too many years myself before.
I enter as soon as I get the signal. It's usually pretty earily in the 60M candle, about 5-15 minutes in. If any later than a half an hour in I wait until the open of the next candle or I skip it completely. Still working on this part though.
No you wouldn't have to pay. I would have to like you as a person and I don't think you fit the bill. I know it makes someone pissed who spent the better part of their life trying to crack the code and failing. My success wasn't without sacrifice so I'd have to know that I can trust you. I stay clear of people with your type of inverted mindset.
I know that NDA refers to nondisclosure agreement, but what do PA and PSA stand for? It took me thousands of hours to develop my system as well, which I call Numerical Price Prediction. It enabled me to realize a 90%+ daily success rate using a methodology I think of as guerrilla scalping, but I’ve now adapted the approach to swing trading, though with only about an 80% overall success rate. I’m convinced however that I will get better at it over the next couple of months or so. I’m not using it in my Nadex account yet, but if and when it earns me a couple of hundred dollars in discretionary funds, I plan to test it there as well. I was amused by the individuals who tried to tell you that Nadex is a scam. I DO believe they are set up to put traders at a disadvantage, but someone who knows what they are doing can still milk all kinds of money out of their system, even so. Instead of volume and momentum, I look at key (nonstandard) simple moving averages and statistically significant reoccurring price ranges (but nothing to do with pivot points, Fibonacci ratios, or harmonic patterns). I have essentially been informed that my strategy is built on a foundation of erroneous assumptions and therefore cannot work and/or is doomed to collapse at some point in the future. So again, I am amused by the naysayers who seem to want your system to fail. As for me, I look forward to seeing what more you have to share in the future and whether or not you eventually prove to be one of those traders who manages to sustain a bit of longevity here, or if you’re gone within a year. Either way, I am pleased to finally see someone here who has an attitude similar to my own!
Just created a thread with my progress using this strategy.. Find it here: https://www.elitetrader.com/et/threads/2hr-intrabar-strategy-w-perfect-signals.326505/