Yes it would be second guessing it and the stats that I have
provided do not take that into account. however the only times that
I personally dont' follow the system is if the gaps are just extra
ordinarily huge or if signals occur the last 5 or 10 min of the
day, that's just me, but the stats that I've provided take every
siganal
Does the 16/34 system have a time limit where it won't
initate a trade within 15-20 minutes before the close? If
so, can that be entered into the brokers order entry? Sorry-
if you've gone over this already.
no it doesn't have a time limit and that is not a criteria in
it. perhaps some of you coders could add it for me?
When looking back, most of the late in the day signals worked,
except if they occurred in the last 5 min
Posted by powerchord on 3rd of Nov 2008 at 10:58 am
Matt:
How can they (a cross) occur in the last 5 minutes? if it
doesn't trigger until the close of the 15 minute bar, a signal can
only trigger at 3:45 (which has been profitable) or 4pm which is a
no play. Please correct me if I'm wrong. I'm just making sure I'm
not missing anything. Thanks
Hey Matt Rereading your notes on
Posted by brophy on 2nd of Nov 2008 at 11:33 am
Hey Matt
Rereading your notes on 16/34 auto strat, you indicated you would not take the trade in a gap up. Isn't this second guessing your strategy?
Yes it would be second
Posted by matt on 2nd of Nov 2008 at 11:34 pm
Yes it would be second guessing it and the stats that I have provided do not take that into account. however the only times that I personally dont' follow the system is if the gaps are just extra ordinarily huge or if signals occur the last 5 or 10 min of the day, that's just me, but the stats that I've provided take every siganal
Matt, Does the 16/34 system have
Posted by cece60 on 3rd of Nov 2008 at 10:47 am
Matt,
Does the 16/34 system have a time limit where it won't initate a trade within 15-20 minutes before the close? If so, can that be entered into the brokers order entry? Sorry- if you've gone over this already.
no it doesn't have a
Posted by matt on 3rd of Nov 2008 at 10:50 am
no it doesn't have a time limit and that is not a criteria in it. perhaps some of you coders could add it for me? When looking back, most of the late in the day signals worked, except if they occurred in the last 5 min
Matt: How can they (a cross)
Posted by powerchord on 3rd of Nov 2008 at 10:58 am
Matt:
How can they (a cross) occur in the last 5 minutes? if it doesn't trigger until the close of the 15 minute bar, a signal can only trigger at 3:45 (which has been profitable) or 4pm which is a no play. Please correct me if I'm wrong. I'm just making sure I'm not missing anything. Thanks
yes if a cross occurs
Posted by matt on 3rd of Nov 2008 at 11:18 am
yes if a cross occurs on the last 15 min candle, then the entry would be on the opening bar of the next day