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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Exactly. Let me know if otherwise.
Top lists, located in the 'Traders Area' from our homepage http://www.trade-ideas.com, are free resources based on our real-time analysis we generate and record. It's offered as a way to help new potential subscribers become acclimated to how we model any type of chart pattern imaginable.
The parameters you requested to modify (length of results and further filters) are not available in the Top Lists. These requests are, however, possible in the full product with a subscription. Thanks for the message!
Still occuring? COuld have been local internet congestion. Let me know if it is still a problem. THanks
Thanks for the request. Although I'm hard=pressed to understand how the suggestion isn't solved by setting an Avg Daily Volume OR Min Vol Today + the Current Min Volume Filter.
Thanks
Yes, a good feature request. I will make sure this gets into the queue.
THanks
D
Thanks and welcome.
I enjoy answering questions like these. At first glance your strategy results look good for the following reason:
1. a decent number of trades for the given testing period - you dont want too many more trades than your denominator mentioned b/c it starts to become unrealistic.
2. you are obviously positive with your Net winnings.
Some things to improve on however is the ratio of average winners over average losers. I generally a a rule of thumb like a 2:1 ratio and yours is not close to that. Having a 2:1 ratio allows you to better account for slippage and commission rates in your modeling.
Read this blog post to better understand the enjoyment of working with The OddsMaker:
http://marketmovers.blogspot.com/2007/01/2-x-2-decision-box-for-determining.html
and
http://marketmovers.blogspot.com/2006/09/how-to-build-trading-strategy-using_08.html
good luck
We still have it an 'alpha' mode in testing. Almost ready for beta. stay tuned.
Please post the strategy here or email it to info@trade-ideas.com with a link to your post here in the Support Forum and the Subject: BOT question.
Also tell us which BOT you are using (via which broker)
THanks
D
Additional answers from our support team:
"For some things I'd recommend the top list [http://www.trade-ideas.com/StockInfo/_TopListConfig.html]. But I don't think it would work well with this particular strategy.
I think XL has a way to consolidate the CSV file the way he's describing. I can't find that at the moment. I think I've seen Brad do that.
Can you find out any more about this feature? We could probably do something like this, if it would help the conversion process. If our goal is to help hot trends users convert, then I'd like to know exactly what they had before."
From our customer service team:
"I see the source of the confusion.
The second strategy has more restrictive filters. So it couldn't see something that the first one missed. So something else must be going on.
Here's what must have happened. He set the second one to look for only that one symbol and then requested history. He got several alerts from 9:34am. But it was 9:34am on 7/16/2009! That was more than a week ago. If he was looking at all stock symbols on the other strategy, then he would have only seen alerts from today."
Thanks for cleaning this up!
It is the right place and sorry for the unanswered emails (where did you send them?).
I know that Trade-Ideas PRO version has alternate View Modes (http://bit.ly/DVR4w) that would satisfy your request.
RealTick however has integrated the web version only at this time.
I will double check and repost here if I another answer.
D
I'll add it as a request to look into. If you have specific ideas about what you'd like to see regarding the functionality, please email us at info@trade-ideas.com and reference this message chain.
THanks
Answers to your recent questions. All of these can be found at http://www.trade-ideas.com/Help.html - getting familiar with this page will greatly benefit your ability to design strategies and answer questions on your own.
That said:
1. You can filter on Fundamentals. See our list of what's available here: http://www.trade-ideas.com/Help.html#WSF_MinMCap
2. You can create stock symbol lists based on sectors and then scan against them in Trade-Ideas. Find the symbol lists for sectors via a Google search. I cant recommmend any offhand. You can also scan the universe of stocks vs their divergence in price from their sector by using these alerts: http://www.trade-ideas.com/Help.html#SBOO
3. Regarding the bot, once you are in a position it does not enter into another one. You can however add to the position at any time.
4. Check out our Videos featuring all aspects of the tools: http://www.trade-ideas.com/VideoHelp/Menu.html
You may be confusing alerts with filters - here's an explication of the two: http://www.trade-ideas.com/FAQ.html#Q23
Here is a strategy that delivers what you requested:
http://bit.ly/291JNM (case sensitive)
Type or copy/paste this shortened string directly into a browser then copy/paste the full length link into Trade-Ideas PRO using the “Collaborate” feature (right-click in any strategy window):
While we do not offer the capability to customize SMA crosses beyond the ones we already provide (e.g., http://www.trade-ideas.com/Help.html#X5A8_1), we do provide additional filters that allow you to place a stock any distance away from benchmark SMA thresholds and, in essence, watch for particular crossing activity (e.g., http://www.trade-ideas.com/Help.html#WSF_MinMA200P). In terms of the trade instructions for the Bot, your preferences can be modeled subject to the above methods.
I'll take your specific recommendations to our development team.
You can see average winning trades and profits in cents for backtesting in OddsMaker: http://www.trade-ideas.com/OddsMaker/Help.html#Configuration
See the Configuration sub-header on this page and look at the configuration screen. You can choose how to see results as either in %s or $s.
Let me know if that helps.
Here's an explanation from our support and technical staff about our event-based backtesting tool, The OddsMaker:
"[OddsMaker]'s not as good at displaying warning messages as it should be. If the user's inputs make no sense -- in this case making the start time after the end time -- the software will try to replace these with reasonable values. If he really wants to see what's happening he could get the debug mode turned on for his account, but that's really aimed at programmers. If he puts in reasonable values, things will work as expected."
Good news: we do have the robot available for Anvil. In order to use it a customer must first be enabled with the OddsMaker. Then send an email to Chris Muro, associated with Assent at murotrading@yahoo.com to get set up.
Let us know if you have any questions.
If I understand you correctly, you should add this filter to your realtime strategies within Trade Ideas within Scottrade ELITE:
Min Volatility Filter (%):
http://www.trade-ideas.com/Help.html#WSF_MinVWVP
This filter makes realtime comparisons of a stock's volatility now vs its 15 minute average volatility based on a trailing 30 days worth of 15 candles.
Thanks - good point on the use of TDA's trade triggers/off book stops
There are no current plans concrete enough to announce, but if its requested enough, I'm sure they will eventually add it. They have recently seen the technology. We'll keep you posted here.
Thanks
Without knowing anything about your trading style or trading plan - here is my version of how I would 'update' and tweak this strategy to find 'anything' you might be looking for:
http://bit.ly/H2C0B
Compare the 2 strategies side by side and see what I changed. Let me know if that helps you.
Experiment with different values and then check the History if you like what you see.
As an alert you can set Strong volume to be alerted to strong volume spikes say, 10x normal.
As a filter try the Min Current Volume filter to say that you only what to see stocks that are trading 2x (2.0) their normal volume at the time of an alert. Certainly read the Help definitions from the Support area of our website (you can also simply click on the icon) to understand more.
Good luck
Since you are a Scottrade ELITE user, do you know about the community forum that they have? Lots of questions and updates about rollouts, wish lists, etc. occur here:
http://community.scottrade.com
FYI
Thanks for your post here. Given the way you phrased the question I might suggest visiting this link to get an informed answer to your first question.
http://en.wikipedia.org/wiki/Naked_short_selling
As for answering your last question (How much?) That's what The OddsMaker, our event-based backtesting tool, is for. ;)
http://www.trade-ideas.com/Path_OddsMaker.html
Well, I appreciate your need to get the latest and greatest in your trading tools.
The OddsMaker enhancement is currently scheduled for release by Scottrade at the end of August.
I will pass your comment along to powers that be at Scottrade and if that date should advance at all, I'll post the news here first.
THanks.
i came across this recently which looks good: http://www.freestockcharts.com/
Nice suggestion. I like it.
Good question. If you buy today, and you sell at tomorrow’s open, you are holding for zero days. If you buy today and sell the day after tomorrow, then you held for one day. More specifically, you will be holding tomorrow.
This is explained in detail on the OM help page. http://www.trade-ideas.com/OddsMaker/Help.html ““At open after 2 days” means to use the opening price from exactly 2 days from the following trading day. “At open after 0 days” would use the opening price from the following trading day. “At close after 1 days” would use the closing price from the following trading day. ”
Someone did do much better. Take a look at this video explaining how to link Trade-Ideas PRO to freestockcharts.com:
I visited the site and even signed up for the service. I was able to connect the two apps (TI PRO and the silverlight app) however I was not able to do so consistently. It required frequent direct reconnections using our Linking feature.
I'll pass this along to see if someone else here can do better.
Best,
D
Liked your question so much, we made a blog post for it:
http://marketmovers.blogspot.com/2009/06/mailbag-bot-trading-manages-risk-at.html
Max Up Days Filter; enter a -4
Definition: http://www.trade-ideas.com/Help.html#WSF_MinUp
Further explanation: http://www.trade-ideas.com/FAQ.html#Q31
There are many ways to skin this cat and capture rallies at the open:
FILTERS
1. Min Position of Open: http://www.trade-ideas.com/Help.html#WSF_MinPOORP
2. Min Up from Open: http://www.trade-ideas.com/Help.html#WSF_MinFOD
ALERTS (Consider using just one or two of these at a time)
1. Running Up (Intermediate): http://www.trade-ideas.com/Help.html#RUI
2. Sector breakout from Open: http://www.trade-ideas.com/Help.html#SBOO
3. VWAP Divergence: http://www.trade-ideas.com/Help.html#VDU
Those should find similar moves
Great idea! I'll post it elsewhere too - on our Twitter feed (do you follow TI?) http://twitter.com/TradeIdeas. I think I know that Starbucks.
I believe that this set-up comes close to what you are asking. Looks good: Long Gap Down Strategy http://bit.ly/GUIQu
Good luck
That's a complicated request. The first place to start is to figure out if your broker has an API for executing trades that they would share with you or a developer. Who is your broker with whom you wish to automate strategies?
Yes. That sounds like a great approach. I'll also add the Dollar Volume Today suggestion into our box. Thanks
Good suggestion. We have plans to add but currently dont do it. It's on the list and will get its turn after we finish a major website redesign project to be launched on June 1.