Archive for March 26th, 2012

This weekend i have created my first version of MjoseScalper automated system, I dont need to stay all the day in front of the computer with bloody eyes seeing a boring chart and waiting indicators give me the signal!!!!!!!!!!!!!!
The bad news is that i can not backtest this bot with Ninjatrader because Ninjatrader can not backtest with ticks or using intrabar orders, all orders are completed at the close of the bar. So I will need to test in realtime to see intrabar orders with Ninjatrader.

I tested today but it was not running all day, I have 1 negative trade and another positive, first thing i would like to see testing using this bot is to study if it will be better to wait until bar close or enter the intrabars trades. The first version of the bot use only ATR bands as confirmation to enter the trade and price to enter should 3 ticks before the ATR band to be in the range of prices and to have more probabilities.

First trade was negative, if this time i wait until bar close, this trade was not done at 10.18, but it at 10.30 trade when bar is closed and it could be a winner trade, but was not ejecuted because i stopped the bot, i have to leave out.

This trade was entered at the time bar was closed and was a winner trade.

4 Comments so far. Join the Conversation