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  #11 (permalink)  
Old 26-05-2016, 01:32 PM
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Originally Posted by no1lives4ever View Post
Now why is this in the MP section

Because it is based on that.


Originally Posted by no1lives4ever View Post
Why 50 entries? What about market condition when these entries are triggered?

-- no1lives4ever

Just for primary conclusion. Because nature of entries are scalper and local and premise is intraday MP so broader market conditions do not play much role. Only affecting thing in categorization will come later as just a) InRange, b) WithTrend and c) AgainstTrend. Here only comes broader market element in form of trend decision.
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  #12 (permalink)  
Old 26-05-2016, 01:39 PM
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This thread has gotten more interesting now. Waiting to see how the entries work and also how you analyse the entries to come up with exit rules.

-- no1lives4ever
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Old 26-05-2016, 01:55 PM
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Originally Posted by no1lives4ever View Post
This thread has gotten more interesting now. Waiting to see how the entries work and also how you analyse the entries to come up with exit rules.

-- no1lives4ever

I am giving preliminary idea of analysis.

1) eScalper trade's lives are assumed as next 10 bars.
2) threats are test of high/low or close above/below that of generating bar with in 10 bars.
3) reverse are opposite eScalper trade generated with in 10 bars.
4) how good MFE/MAE ratio delveloping.
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Last edited by devdas; 26-05-2016 at 01:57 PM.
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Old 26-05-2016, 02:00 PM
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eScalper generated 3rd entry

3) Short on close of 13:55 Candle @8013.25
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Old 26-05-2016, 02:08 PM
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Originally Posted by devdas View Post
eScalper generated 3rd entry

3) Short on close of 13:55 Candle @8013.25


Just a trade like this which is

a) Against Trend ( define trend by code , not eyeball )
b) High of generating bar immediately threaten by next similar bullish bar, i will exit taking loss+comm.
c) A good trade goes like 2) Trade.
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  #16 (permalink)  
Old 26-05-2016, 02:18 PM
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Originally Posted by devdas View Post
eScalper generated 3rd entry

3) Short on close of 13:55 Candle @8013.25

Looks like today is the day when you are selling swing lows

How about looking at these as signals with entry determined by either a entry at a reaction or a further break of the signal level?

-- no1lives4ever
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Old 27-05-2016, 02:02 AM
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Originally Posted by devdas View Post
eScalper generated 3rd entry

3) Short on close of 13:55 Candle @8013.25

Some data mistake , 3rd trade occured on 14:25 candle instead of 13:55.

Final trades generated as below,

26-05-2016 eScalper generated entries:

1) Short on close of 11:20 Candle @7962.00
2) Long on close of 12:40 Candle @7984.75
3) Short on close of 14:25 Candle @8016.00
4) Long on close of 14:40 Candle @8032.00
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  #18 (permalink)  
Old 27-05-2016, 02:22 AM
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Originally Posted by no1lives4ever View Post
Looks like today is the day when you are selling swing lows

It become swing low unfortunately after selling


Originally Posted by no1lives4ever View Post
How about looking at these as signals with entry determined by either a entry at a reaction or a further break of the signal level?

-- no1lives4ever

You are suggesting pullback entry. But before that we/code must assume/deduce trend direction and current trade entry definition don't use any prevailing trend information in any way. It only pops entry as opportunity rather than full-fledged designed trade.
Sure, our experience of days like this can restrict us to take those entries and in that local situation market movement subsequently prove those entries as wrong or counter trend.

But your suggestion taking me to whips of your xover system and i have some idea back for you and me also. Look at your reversal level on those days when in morning market trades that and force you to flip. Now rather than flipping if you consider it as entry at a reaction and add/initiate trade and wait till 3:25 for finalizing then those flip-whips would have turned in profits rather than adding to loss. You got my point

Or rather i would design a reverse-engineering-xover level system with that which only look for those type of opportunity. Initiate on touch/trade any time and finalizing before close. If you want reverse-engineered-xover reversal level for that in NT, i will code that.
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  #19 (permalink)  
Old 27-05-2016, 09:35 AM
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Originally Posted by devdas View Post
It become swing low unfortunately after selling

This is an unfortunate byproduct of a breakout method I guess no real way to avoid these.


Originally Posted by devdas View Post
You are suggesting pullback entry. But before that we/code must assume/deduce trend direction and current trade entry definition don't use any prevailing trend information in any way. It only pops entry as opportunity rather than full-fledged designed trade.
Sure, our experience of days like this can restrict us to take those entries and in that local situation market movement subsequently prove those entries as wrong or counter trend.

Why assume a prior trend? Why not take the entry bar as a signal bar. Where the signal bar signals a up trend. Then take distance from top of this bar to previous swing low calculated using zig-zag indicator (in case of a up move). Use this as your prior trend and look for a reaction for entry. This would not have saved the case of the 2 swing low sell entries.

Alternatively use standard method of using entry bar as a signal bar and to enter actual trade on a break of high/low of the signal bar.



Originally Posted by devdas View Post
But your suggestion taking me to whips of your xover system and i have some idea back for you and me also. Look at your reversal level on those days when in morning market trades that and force you to flip. Now rather than flipping if you consider it as entry at a reaction and add/initiate trade and wait till 3:25 for finalizing then those flip-whips would have turned in profits rather than adding to loss. You got my point

Or rather i would design a reverse-engineering-xover level system with that which only look for those type of opportunity. Initiate on touch/trade any time and finalizing before close. If you want reverse-engineered-xover reversal level for that in NT, i will code that.

There are some additional mods in the index trading system which will address some of these issues. In fact one of those mods is related to your suggestion

But the main problem with intraday whipsaws is that there are very few days when market would break the reversal level and reverse after that. Mostly you would get days like day before, where market breaks through a reversal level and then go on to move big time in the reverse direction.

On those days, if you wait till close, you end up reversing 50-100 pts away from the reversal level. This would result in a 100-200 pt overall loss, since this is a sar system.

Making changes to any system ends up getting tricky, as every change will have consequences. In the end it is a fine balance between various options and what the trader is comfortable with.

-- no1lives4ever
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  #20 (permalink)  
Old 27-05-2016, 09:42 AM
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Originally Posted by no1lives4ever View Post
Alternatively use standard method of using entry bar as a signal bar and to enter actual trade on a break of high/low of the signal bar.

-- no1lives4ever

Well i am not user of zig-zag, but above can be thought of definitely and i have put this in analysis step.
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