This was an interesting answer written by one of our frequent forum users, Srinivas. Quoting his method:
“The information that I use to take a Nifty futures intraday trade:
Nifty close to previous close, immediate levels Nifty could test, Nifty 3 day trend, 5 day trend, 14 day trend, 30 day...
Really appreciate if someone can show how to refer high/low of the bar previous to signal bar - with no applystop function.
This can help in calculating position size automatically through afl and could display on screen.
Any help is highly appreciated. Thanks.
Greetings to All in Traderji Community,
This Thread specially for Beginners like myself to learn Money Management, Risk Reward and Position Sizing.
I will post my experiences here what i did wrong/right, Do's and Dont's.
Everyone are welcome to share their view and make is simple with step by...
I have an AFL with Position sizing, which generates Buy/Sell triggers alongwith qty. I am interested to do Algo trading with this AFL. Can someone guide me, which vendor or Broker provides the facility for such Algo trading with Position Sizing and your experience, if any?
I am trying to backtest a system which buys on certain condition being fulfilled.
After taking first open position it should take new position again & again for each entry signal (even if earlier positons are still open).
amibroker currently waits for first position to close before taking...