Advanced trading software: technical analysis and neural networks

Empowering wise traders

Support Center
Tradecision FAQs
Improvian Consulting
Contact Support Team
Collection of Indicators
Custom Indicators
Custom Studies
TASC Traders' Tips
Active Trader Strategies
Golden Trading Rules
Traderís Quiz

Traders' Tips from TASC Magazine
Building A Trading Template

In his article "Building A Trading Template," Giorgos Siligardos demonstrates a technique on how to create a system management template (SMT) and apply it to your trading systems.

Tradecision's Indicator Builder enables you to recreate Siligardos' Stops Barrier (SB) indicator, which is based on the concept of the dynamic reward/risk ratio. Here is the code:


  day1:"Entry Date",24,1,32;
  month1:"Entry Month",6,1,12;
  year1:"Entry Year",2007,1990,2040;
  target:"Price Target",50,0,1000000;
  minDRR:"Minimum Dynamic Reward/Risk",3,0.01,100;



   date1:=DayOfMonth() = day1 and Month() = 
month1 and Year() = year1; {Stops Barrier}SB:=C - (target - C) / minDRR; end_var return NthValueWhen(1, date1, 1) * SB;

Download to import into Tradecision.

How to use this indicator in Tradecision:
  1. Click Download.
  2. Save this indicator in a safe location on your hard drive.
  3. Open Tradecision and in the Tools menu click Indicator Builder.
  4. In the Indicator Builder dialog, click Import, locate the saved file and then click OK.
The indicator will be added to the Custom Indicators list.
Building A Trading Template
Tradecision Reviews
Video Tours
Ask a question

Site Map   |   Terms of Use   |   Privacy Policy   |   Risk Warning
Forex, equities or futures trading involves substantial risk of loss and is not suitable for all investors.
Copyright © 2001-2018 Alyuda Research, LLC.  All rights reserved