StrategyDesk can handle the SRS Swing #2 with no problem.
The scaling out in Swing #1 is more of a problem. One
possibility would be to run 3 strategies: one for each of the
scaleout percentages, but this would mean paying 3 times the
commissions. What I did was to only program the stop loss and
reversal parts of the strategy, and then to manually sell when the
scaleout targets were reached, adjusting the exit sells to the
remaining shares (using Edit>No reset for the strategies).
This requires calculating the targets, tracking the price, and
editing the amounts, which is certainly not an automatic
system. Therefore I think that I will only be running the #2
system for this reason. I have to note that the manual mode
worked in my favor once, since the price exceeded the target by the
time that I got to sell, so I put in a trailing stop loss order and
made some extra profit. Hope this helps.
Swing SRS and TD Ameritrade
Posted by rreynolds on 26th of Sep 2009 at 04:42 pm
Hi does anyone know if TDA can handle the trade parameters for the swing SRS systems?
TD Ameritrade has a free
Posted by mphoto on 26th of Sep 2009 at 11:30 pm
TD Ameritrade has a free trading platform called Strategy Desk.
If you download the Strategy Desk program and learn how to use the software, you can get Audio Alerts or do Automatic Program Trading.
I sent the code to Matt for the Swing System #2.
Title: Strategy Desk for Swing
Posted by twins on 26th of Sep 2009 at 10:52 pm
StrategyDesk can handle the SRS Swing #2 with no problem. The scaling out in Swing #1 is more of a problem. One possibility would be to run 3 strategies: one for each of the scaleout percentages, but this would mean paying 3 times the commissions. What I did was to only program the stop loss and reversal parts of the strategy, and then to manually sell when the scaleout targets were reached, adjusting the exit sells to the remaining shares (using Edit>No reset for the strategies). This requires calculating the targets, tracking the price, and editing the amounts, which is certainly not an automatic system. Therefore I think that I will only be running the #2 system for this reason. I have to note that the manual mode worked in my favor once, since the price exceeded the target by the time that I got to sell, so I put in a trailing stop loss order and made some extra profit. Hope this helps.
Bob in NJ
Yes Reynolds you can use
Posted by piclez on 26th of Sep 2009 at 08:16 pm
Yes Reynolds you can use them in the strategies but you need to watch them daily since there's no way to create alerts or auto trade (yet).