Thanks Phil. I will do that (as soon as they clear my check and give me access, of course...). I am looking forward to trying other markets and using some of the features on TS, especially optimizing strategies in different markets, including FX.

Turtle System for TradeStation (Easy Language)

Here is the last setup on the Euro daily per the above settings. I know this is simple, but it looks to work if you stick to the rules and do not deviate. It is easy enough to try live on the daily. I might give it a go after further analysis. I ...

retrace/breakout system

Ronald, I swear, every time you post to this rookie thread, its read count goes up another 50. I think you make trends.

retrace/breakout system

The box appears to be fixed in time (2 hours wide for a five minute chart) with a border on primary S/R levels in first 3/4 of the chart. So, yes, it is different than a price channel breakout (like a turtle). I don't know if the box indicator is ...

retrace/breakout system

I am not certain, but I will take a look.

retrace/breakout system

Just to be fair, using the above settings, this cable trade would have been a loss. Using 10 bars for a retracement period might be too generous on some pairs.

retrace/breakout system

Here is another example. Note how the retrace would or would not qualify for a short entry depending upon the settings. This setup happens all the time. Take a look.

retrace/breakout system

Hi Ronald, The system will create a long entry at the open of the next bar if the close exceeds the upper channel, AND within the preset retracement period (e.g., 10 bars) the current low after the breakout qualifies as a new low. A new low ...

retrace/breakout system

Enter long on next open after (1) a close is above the xBar channel (or box) and (2) price hits a new yBar low within zBars of the breakout. We are just coding to find a new low within zBars after the break long.... So, for example. If we set x to ...

retrace/breakout system

I am reading through the bigdog breakout thread now -- looks like that answers some of my questions. See, I am not that lazy...

retrace/breakout system

Ronald, Yes, it looks like the same system, although I prefer longer timeframes. But the setup for a trade is essentially the same. I like the simplicity and flexibility of the generic EA! I am not so great at following code -- does the breakout ...

retrace/breakout system

Here is an example of a setup with this system:

retrace/breakout system

Thanks, I will check it out and your generic EA. At first glance, it looks different -- I don't know about that whole box thing. The market breaks when it breaks, then comes the retrace. With this system, you should bank profit on retraces at ...

retrace/breakout system

Nice work again Bob. It is not fool proof, but darn close.

Nanningbob 60x90 EA

Ronald, As for another possible exit strategy, what about a yo-yo exit combined with a Chandelier exit. The chandelier would be nATR and the yo-yo would be roughly 0.5nATR. The actual stop would be the one closest to the actual position. Just a ...

eur/usd scalping method

Has anyone tried this on longer timeframes? I ran a few backtests on the daily and had better results than on the M5. I am thinking about techniques to better filter out sideways action.

eur/usd scalping method

I think the safer approach is to calculate your own ATR per Wilder's formula.

Calculation of Average True Range (Wilder)

How do you take into account Sunday candles?

Calculation of Average True Range (Wilder)