"Short Squeeze". For now, Im going to focus on the long side only. Absolutely no clauses or hidden fees. Two Moving Averages uses a faster moving average as a substitute for closing price. Price: One of the first rules of trend following is that price is the main concern. Notice that many of the trades that experience a 1000 or larger drawdown end up being red points on the chart. TradeStation WorkSpace tWS strategy Text File ( txt ).
The Smart Money Flow Index - Explained! Immediate access to this password protected site and you have the treasured secrets of the experts right at your fingertips. Mouse over chart captions to display trading signals. SMA Period: 200, moving Average Envelope:.0 of the SMA. The simplest moving average system generates signals when price crosses the moving average: Go long when price crosses to above the moving average from below. Multiple Moving Averages use a series of six fast moving averages and six slow moving averages to confirm each other.
There tends to be a higher frequency of trading opportunities with scalping which can potentially lead to large accumulated profits. Risk control: Cut losses is the rule. Keltner Channels use bands plotted at a multiple of average true range to filter moving average crossovers. The appeal is since we are trading from such a small timeframe, your risk is small thus, you can trade with a small account. During losing periods, positions are reduced and trade size is cut back. Moving averages provide an objective measure of trend direction by smoothing price data. Basically, the Close for the previous period is substituted for the current Low, if lower, or for the current High, if higher. Download, tradeStation Strategy eLD ).
Normally calculated using closing prices, the moving average can also be used with median, typical, weighted closing, and high, low or open prices as well as other indicators.
Notice that the scalper strategy uses the same envelope for entry as it does for exit.