Thank you for your continued insights. The best I can do is attempt to experiment and monitor the performance. One consideration I had thought...
I do have to add a clarifying point that right now the BOT can only trade 1 direction - long as I haven't given it yet the capability to go short....
Thank you for your response. Yes simply put as you have stated it, it's about the trend direction. I do have some trend detection (on a daily...
Maybe this would be helpful in another way. Today, the BOT opened a trade on FLR @ 35.70 today which did a run up to a high of 36.10, but...
Hi Everyone, One of my challenges that I have been thinking about with my automated trading is that when days (such as today) have downward price...
Thank you for sharing the additional information on the ranges and thresholds, especially what is realistic and not pie in the sky. While I do...
Thanks for sharing on this. I am going to look into it further and see if I can derive into this Sharpe ratio. With limited knowledge at the...
Correct. I use Tharp's Percent Risk Position Sizing Model. Using a 1% Portfolio Risk, I alternate between either a Fixed Stop Loss % or ATR Stop...
This is a helpful tool as it validates what I have already built into my system as I incorporated Van Tharp's system evaluation for the BOT that...
Thank you very much! This calculator is exactly what I needed.
Thanks for your response. I agree with you. I am running the BOT against daily market data in a paper trading account, using the same buy and...
Could you reach out to me as I like to further understand how you derived to the numbers and do calculations such as this to determine the effect...
Hi Everyone, In building out my first trading BOT, I have struggled around determining what is an acceptable and realistic profit factor and...
Thank you for flushing this out a bit more for me. To maybe help give more context, I have been trying to get into a straight call or put at or...
Would it be helpful if I show a screenshot of the 5 and 15 minute of how I see it? Once I am back later today, I will do this as I am interested...
Hi Everyone, I have been trying to get used to using a multiple timeframe approach with a 5 minute and 15 minute. I been looking for that...
I agree with you and have been exploring those other strategies on longer DTE.
Hi Everyone, I was checking to see if there may be a few others who actively do momentum weekly options with straight leg calls or puts? I have...
Thank you very much for taking your time on this weekend to explain this to me. I would fit into that category of "not" knowing what I would be...
I think you are showing me that the diagonal trend line would have been established down crossing through at the time of purchase on October. I...
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