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:
input
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;
end_input
var
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:
- Click Download.
- Save this indicator in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click Indicator Builder.
- 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.
|
|
| |
| Sep 2007 |
|
| Aug 2007 |
|
| Jul 2007 |
|
| Jun 2007 |
|
| May 2007 |
|
| Apr 2007 |
|
| Mar 2007 |
|
| Feb 2007 |
|
| Jan 2007 |
|
| Dec 2006 |
|
| Nov 2006 |
|
| Oct 2006 |
|
| Sep 2006 |
|
| Aug 2006 |
|
| Jul 2006 |
|
| Jun 2006 |
|
| May 2006 |
|
| Apr 2006 |
|
| Mar 2006 |
|
| Feb 2006 |
|
| Jan 2006 |
|
| Mar 2005 |
|
| Mar 2005 |
|
| Feb 2005 |
|
| Feb 2005 |
|
| Dec 2004 |
|
| Nov 2004 |
|
| May 2004 |
|
| Dec 2003 |
|
| Oct 2003 |
|
| Jul 2003 |
|
| Apr 2003 |
|
| Mar 2003 |
|
| Mar 2003 |
|
| Feb 2003 |
|
| Jun 2001 |
|
| Jun 2001 |
|
| Jun 2001 |
|
| Jun 2001 |
|
| Jun 2001 |
|
| Apr 2001 |
|
| Feb 2001 |
|
| Aug 2000 |
|
| Aug 2000 |
|
| Feb 2000 |
|
| Jan 2000 |
|
| Sep 1999 |
|
| Sep 1999 |
|
|
|
|