onesmith

Tams = perfect model .. Best Teacher Ever.

Counting price as sma1 is brilliant! but constraining vars to reduce curve fitting, like most well known edges, causes more harm than good. Curve fitting must be eliminated. Not reduced. Will you ever stop looking at test results? and thinking in terms of performance reports? Take a year off. Become an expert at some type of handicraft. It will better prepare you to write strats with viable tactics than any amount of time spent backtesting.

Luck is a coincidence of circumstances that creates a memorable event. The value of luck in the context of my trading is limited to the priceless info that's always there, lurking behind the circumstances, waiting for me to see it.

You can't win trading against a robot indefinitely ..... unless you're mechanical and objective. The weight of the ink used to print the numbers on the ping pong balls beats everthing except better physics.

The reason I've pressed on with my Libel complaint is throughout our lives stuff happens that stays in our present and keeps us in the past (unless it's resolved). The libel is real and it's bad so I wanted closure, something that could enable me to experience the present and know bad things don't happen because they have consequences. bob said don't let hatred or ill feelings eat me up. I totally get that. I have compassion for everyone. Any of you .. if you're ever in need of something and I can help I will. I've experienced negative emotions. I don't enjoy them so I choose my state. I don't have negative feelings toward anyone. This has been beautiful, learning new things. Whatever closure I need will have to come through some other experience further along my path. Wish I understood why closure is so important to me in this situation. It goes something like, people do bad things. People aren't bad. Bad things still happen. The part about bad things still happen is where I'm needy. Deep inside I need to know with a higher level of certainty than some of you that people who do bad things pay the consequences. I hope it's unnecessary to argue there's no ill will in that last sentence. Just truth.

I googled and found it but it's in a .pla format I can't use. How can I get a text version of it or an ela, els eld?

Is the reason you didn't post the code for this because I have to pay to see it? Or did you inadvertently not post it?

Roger, you've already proved yourself in a way in which you do not understand. I don't need to see any more. The proof you've given me is nothing like what you imagine. In respect for keeping this thread uncluttered for the important issues before it .. tis best we move the discussion about your mentoring to your FeltonTrading Method thread.

Two must have's before I will be satisfied criminal activity that occured on TLab is mitigated and abated. No worries, it doesn't involve you.

Given the censoring of off-topic posts will you please explain the logic where this post passes the test? Following it back .. it doesn't make sense why this sub-thread is still going while Substantial Unresolved Issues haven't been addressed.

It's not unusual to anticipate the NUMBER OF LEGS in a move before it begins. (I certainly CAN).

It's been suggested elsewhere the value of knowing the success another trader has acheived at best limits us. It can be claimed that statement is off-topic or tangental within the thread where it occurs. It's not my intent to be off-topic anywhere. By responding to it here it ties into something I've considered sharing here for a long time. Comparing my returns to others has helped me see truth. If what I say doesn't make sense consider I'm carefully avoiding saying anything at all. It's not easy helping those smart enough to discern what I'm not saying. The deserving who will eventually figure it out on their own and go on to substantially contribute to the evolution of our species. Proper methodology for testing a strat is an area one can easily invest a lifetime without attaining results. Until one gets this, proper methodolgy is a hindrance that prevents seeing what can be assimilated in an instant. I'm aware of traders who develop viable strats directly through backtesting but the odds of duplicating their results are astronomical unless one follows their methodology precisely. It's an interesting methodolgy one could find a lot of enjoyment in but there are easier ways more suited for and responsible for a larger segment of those who eventually develop profitable strats. Until you develop some profitable strats and narrow the population of ideas worth exploring , it's going about things backwards by attempting to use backtesting as a development tool. There are extenuating reasons it's not so backward for some to choose that procedure from the get go but everyone else should forget about backtesting until after they've developed some profitable strats. For 99% of traders backtesting is the wrong place to look for viable ideas.

10.17.02 ... a new trader just starting out was given his 1st account to manage. 10.17.02 .... $75,000 ... opening balance 10.17.03 ... $862,980 ... 1 yr later. 04.15.03 ... he was given another account to manage. 04.15.03 ... $25,000 ... opening balance 11.14.03 ... $247,000 ... date he released this info. This info was in the public domain for a short time before it was deleted because of the personal attacks he received over posting it. I trust it is true. I insist anyone who recognizes this trader honor him by refusing to identify him. I'm posting these results because they inspire me. Everyone looking for inspiration deserves to see inspiring results like this. These results are from automated strats he wrote based upon just about zero knowledge of trading combined with what he learned in 3 yrs of studing programming at a public college.

My feelings weren't hurt. He's posted more personal attacks than anyone else in the history of Traders Lab. Libel is a recurring theme in his attacks. The first time I called him out (on The Libel) he limited his emotional outbursts toward me and focused on others for a few months before the effect of my warning wore off. Then he resumed attacks upon me. Written allegations he knew were not true. My support ticket in this section of the forum requesting management remove his forum access was censured. He's still a member and albeit a well behaved member since it's only a few months since the most recent episode but he's demonstrated he's unstable and relatively quickly returns to his old behavior. It was wrong for management to censure the evidence in my request for support. The original support ticket should be reinstated. He should be removed from the forum and google should return this incident when people search for information. There is a lot that remains unsaid. He's a dishonest vendor. I'm not the least bit concerned about stating that in writing because I can prove it. I offered to sign any and all waivers Traders Lab might require in which I would assume liability for consequences that might follow his removal from the forum. For instance if I was in any way negilgent or dishonest in presenting the case for his removal. The idea it's best to handle things in private as suggested by DB and Soultrader is not true. MMS suggested the same to me and then proceeded to state best anyone at TL can do is suggest I use the ignore button. To avoid needlessly assuming liability in the interim until a procedure is standardized, no matter how much any moderator dislikes somone continually pestering another user with the repetitive question .. Where are the bodies? I recommend TL not censure anyone except those determined to use the forum for illegal activity. The choice to censure one user instead of another could delay identifying a serial killer. Avoiding liability for these types of errors is the strongest case in favor of free speech. If you know something is illegal you must act to abate it. If it's not illegal it's unwise to take any position because even though it's your sandbox where you can do as you please .. errors in this area and even errors based upon following the preference of a majority of users .. can pierce an otherwise sound corporate veil.

I disagree Several months ago I lodged a complaint of Libel and management failed to make a reasonable attempt to abate this illegal activity.

It is imperative Traders Laboratory moderate Libel, Fraud and Death Threats by removing the forum access of anyone using the forum as a platform for illegal activities. TL does not have a choice to disregard this responsibility. TL must make a reasonable effort to abate illegal activity. TL is free to choose whatever they deem appropriate on a case by case basis where the complaintant claims a user is off-topic. I prefer free speech in these cases.

Roger, you're doing the right thing by leaving. You should close your business. I'm certain you will struggle with the candidness in which I state that opinion as fact. I've been studying the things you say from a perspective I'm going to leave vague but I assure you it's a very precise perspective and the things you say indicate you do not understand it's elements. Hence I expect this will cause you some confusion but it's best to restrain your curiosity and accept my opinion with the same weight you accept a fact. I wish there was an easier, gentler way to convey the importance of this fact while simultaneously contributing toward winding down rather than ratcheting up controversy. There's kindness of spirit behind the discretion in this note. Please do not mistake it for weakness. Accept my advice. You should close your business. That is a fact.

Given your accusations about me in the note quoted below .. it is appropriate to caution you. Do not make any further statements about me that you're not prepared to prove.

During a cursory examination of Roger Felton's website (by me, onesmith) I observed a pattern .. of multiple irregularities that separate Felton's site from other's .. and raise red flags that IMO have a high probability of resulting in legal sanctions if reported to the authorities. I haven't reported them but I can and will, when and if Roger questions these allegations. Let it go Roger. Move on.

Odds favor random study of anything instead of paid mentoring. By their nature, viable methods are excluded from all sets, everywhere, at all times. And especially excluded from paid mentoring. Insight into priceless trading skills is logically distant from anything with a fee. Giving time to any vendor is likely limiting yourself to non-viable methods. Participating in free trials is just as much misplaced effort.

If you want profitable strats you have to work out their logic on your own. If you're unable to get started or totally lost for where to begin then it's worthwhile perusing message boards but the best ideas are freely offered and it does not take much of an idea to get started. The quality of ideas is secondary to the success of the formulas you write. Success depends on your ability to work through logic and understand the edge your components offer over anything else you could use in their respective place. It is better to go down the list of everything than to emphasize something associated with your favorite traders. Purchased mentoring goes against success. It sets up a cycle of looking outside your chart. A valuable filter of the worth of external ideas is the simple ability to differentiate what is sold or taught from someone casually sharing trades. Trading is not taught, it is leaked. Stuff that's leaked isn't enough on it's own because strats adapt to leaks or they're turned off. If you find reasonably good traders sharing ideas it is at best just seeds to explore. Their value on their own is just about worthless. Avoid the huckster. Trading is not taught.

Testing everything leads to knowing why things work with the certainty of facts .. that come from your own experience. The near intuitive ability to differentiate advantage from disadvantage.

You will have to write out the logic for each target and stop. var: pt1(5), pt2(10), SL1(5), SL2(10), ntry(0); if t=900 then begin buy("strat1") 3 contracts next bar market; buy("strat2") 5 contracts next bar market; ntry=c; end; sell("sl strat1") next bar from entry("strat1") ntry-SL1 stop; sell("sl strat2") next bar from entry("strat2") ntry-SL2 stop; sell("pt strat1") next bar from entry("strat1") ntry+pt1 limit; sell("pt strat2") next bar from entry("strat2") ntry+pt2 limit; setexitonclose;

Name the entries and reference those names when exiting. Try this on 5 minute @ES with time set to exchange time. if t=900 then begin buy("strat1") 3 contracts next bar market; buy("strat2") 5 contracts next bar market; end; if t=1000 then sell("fe s1") next bar from entry("strat1") market; if t=1100 then sell("fe s2") next bar from entry("strat2") market;

a priori specification 1) automated entry exit 2) id=text_new(d,t,c"Reason_For_This_Trade"); 3) dll popup window triggers macro express to capture, save and upload picture. [srcsm] tisn't possible to record macro [/srcsm] to upload charts to TradersLaboratory with realtime entry and exit reasons so I recommend skipping 2 and 3