quote:

---

Originally posted by AdmiralF
ALXN would either have worked or stopped you out depending on when you entered (before/after 10 CT). QCOR would have stopped out.
AF

---

quote:

---

Originally posted by tachyonv
My last screen, as mentioned earlier in this thread, was over 30 days ago, Admiralf.

Does not have to get to lower KC for entry. I also look at support, resistance, %R, candlesticks, etc., as explained in a presentation in Las Vegas at TS Conference in 2004. And at time of day, intraday cycles.

PRGO closed at target profit.

---

quote:

---

Originally posted by theHook
ALXN - looks like it would have worked too (did not trade).

---

quote:

---

Originally posted by 4trading

quote:

---

Originally posted by theHook
ALXN - looks like it would have worked too (did not trade).

---

That's an interesting looking volume indicator theHook. If you don't mind me asking, how does it work? Volume of ticks filled at bid vs. ask or in-between?

P.S. Thanks to tachyonv for reminding me of this technique.

---

quote:

---

To get an idea of .52 target winrate I have written an indicator to plot the percentage winrate based on being an expert trader buying on the close of the lowest low 5min bar (If only I knew this beforehand!) before 10:30(Central) and the highest high since the lowest low bar being greater than .52. It also assumes the close of the lowest bar is less than the Open of the day but this can be changed easily to fit your own entry

---

quote:

---

Originally posted by split
Not sure if anyone is interested in this indicator but i did find an error in the way it calculated the days traded so here is an updated version which also includes inputs so can include closing at endtime.

Inputs: 
EndTime(1140), 
BarsBack(24), 
IncEndtimeClose(0), 
FullTarget(.52), 
LowestBarEntry (close); 
 
vars: 
FullProfit(0), 
PartialProfit(0), 
NumberOfDays(0), 
PercentFullProfit(0), 
LowestBarN(0), 
LowestBarClose(0), 
HighestBarN(0), 
Diff(0); 
 
If BarNumber = 1 then clearprintlog; 
 
If Time = EndTime and lowestfc(close,barsback) < OpenD(0) then begin 
NumberOfdays = NumberOfDays + 1; 
LowestBarN = LowestBar(low, BarsBack); 
LowestBarClose = LowestBarEntry[LowestBarN]; 
 
HighestBarN = HighestBar(High,LowestBarN); 
Diff = highestfc(High,LowestBarN ) - LowestBarClose { lowestfc(low, BarsBack)}; 
If Diff > FullTarget then FullProfit = FullProfit + 1; 
if IncEndtimeClose = 1 then begin 
If Diff < FullTarget and  close[1] > LowestBarClose then PartialProfit = PartialProfit + 1; 
end; 
if FullProfit >= 1 then PercentFullProfit = 100 / ( NumberOfdays / (FullProfit + PartialProfit) )  ; 
 
end; 
 
plot1( PercentFullProfit,"WinRate"); 
{ 
if Time = EndTime and lowestfc(close,barsback) < OpenD(0) then Print (" date= ", d, " NumberOfdays= ", NumberOfdays, 
 " LowestBarN= ", LowestBarN, " LowestBarLow= " , lowestfc(low, BarsBack), " Entry= ", LowestBarClose, 
 " HighestBarN= ", HighestBarN, " HighestHigh= ", highestfc(High,LowestBarN ), " Diff= ", Diff, " FullProfit= " , FullProfit , " PercentFullProfit= " , PercentFullProfit , "%" ); 
} 
 

select all

Made another change to original code to calculate partial profits closing at 1035(Central).

Now Im getting winrates in the 80% area.

Now to find entrys near the lows......

Any help in getting it to work in Radarscreen much appreciated.

---

quote:

---

Originally posted by theHook
I did NFLX this morning for 200 shares in at 9:55est and out at 10:11est for a +.52.

In ALXN at 10:25est (may regret this one)!

---

quote:

---

Originally posted by kevinkdog

quote:

---

Originally posted by theHook
I did NFLX this morning for 200 shares in at 9:55est and out at 10:11est for a +.52.

In ALXN at 10:25est (may regret this one)!

---

On the first one, you bought before the RSI closed above 20? That is a change from how you entering yesterday, right? I guess as tachyonv says, there is discretion. You picked a sweet entry point! Congrats

---

quote:

---

Originally posted by ant___
TO: theHook, split and tachyonv,

Thanks for your most recent and helpful posts.

Just a couple of questions:
- theHook & split: Did either/both of you use support/resistance in your entry considerations?
- tachyonv: It's my understanding that entries w/your method should occur after 10:15 and before
10:45, but I see good entries a few bars after open, like theHook's and split's. Is the
10:15/10:45 part of the method flexible?

Thanks,
ant___

---

quote:

---

Originally posted by theHook

quote:

---

Originally posted by ant___
TO: theHook, split and tachyonv,

Thanks for your most recent and helpful posts.

Just a couple of questions:
- theHook & split: Did either/both of you use support/resistance in your entry considerations?
- tachyonv: It's my understanding that entries w/your method should occur after 10:15 and before
10:45, but I see good entries a few bars after open, like theHook's and split's. Is the
10:15/10:45 part of the method flexible?

Thanks,
ant___

---

No -- not yet -- still working on that idea! Got any?

---

quote:

---

Originally posted by theHook


 17242 bytes

---

quote:

---

Originally posted by 4trading

quote:

---

Originally posted by theHook


 17242 bytes

---

Hi theHook:

Your $Tick histograms look sort of translucent. That's something new to me in TS. Looks great...

---

 
inputs:  
	Plot1Formula( iff(close>0,close,0)),  
	Plot2Formula( iff(close<0,close,0)),  
	Plot3Formula( iff(close>0,high,0)),  
	Plot4Formula( iff(close<0,low,0)),  
	AlertCondition( false) ; 
 
if Plot1Formula <> 0 then 
	Plot1( Plot1Formula )  
else  
	NoPlot(1);	 
if Plot2Formula <> 0 then 
	Plot2( Plot2Formula )  
else  
	NoPlot(2);	 
if Plot3Formula <> 0 then 
	Plot3( Plot3Formula )  
else  
	NoPlot(3);	 
if Plot4Formula <> 0 then 
	Plot4( Plot4Formula )  
else  
	NoPlot(4);	 
 
if AlertCondition then 
	Alert ; 
 
 
{ ** Copyright (c) 2001 - 2010 TradeStation Technologies, Inc. All rights reserved. **  
  ** TradeStation reserves the right to modify or overwrite this analysis technique  
     with each release. ** 
      
     This indicator started with the TS supplied Custom 4 Lines.  
      
      } 
 

select all