Posted by crossharry on 11th of May 2023 at 12:06 pm
Hi Matt, re your newsletter last night, I have looked at some of
your previous screenshots for the new VIX Bollinger Band strategy
and noticed that some of the SPY trades were a bit early, so I was
inspired to try to re-create the strategy in TradeStation and for
good measure I added scale-ins - this improves the Profit Factor as
you can see. I have also attached screenshots of recent trades.
Also, in your newsletter you mentioned the strategy can "scale out
at average true range moves" - can you possibly give me a little
more insight on how the ATR is used so that I can attempt to code
this type of exit?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Hi Matt, re your newsletter
Wednesday's Newsletter and Video May 10th 2023
Posted by crossharry on 11th of May 2023 at 12:06 pm
Hi Matt, re your newsletter last night, I have looked at some of your previous screenshots for the new VIX Bollinger Band strategy and noticed that some of the SPY trades were a bit early, so I was inspired to try to re-create the strategy in TradeStation and for good measure I added scale-ins - this improves the Profit Factor as you can see. I have also attached screenshots of recent trades. Also, in your newsletter you mentioned the strategy can "scale out at average true range moves" - can you possibly give me a little more insight on how the ATR is used so that I can attempt to code this type of exit?