Comments on: StrategyDesk Volume Problem “Resolved”, Core Problem Revealed

By: Will

Will — Wed, 07 Mar 2007 21:40:25 +0000

I’m bumping this topic up to a more recent (3/7/07) post… please check there for additional comments– Thanks!

By: Dave

Dave — Wed, 07 Mar 2007 06:15:18 +0000

Let’s try this:

Buy:

RSI[RSI,14,D] < 40 AND (MACD[MACD,Close,12,24,9,D] AND MACD[MACD,Close,8,13,6,D] AND MACD[MACD,Close,5,8,4,D]) AND (Stochastic[StocK,14,3,1,10] > Stochastic[StocD,14,3,1,10] AND Stochastic[StocK,14,3,1,10,1] < Stochastic[StocD,14,3,1,10,1])

Sell:

RSI[RSI,14,D] > 60 AND (Stochastic[StocK,14,3,1,10] < Stochastic[StocD,14,3,1,10] AND Stochastic[StocK,14,3,1,10,1] > Stochastic[StocD,14,3,1,10,1])

[escape codes edited- Will]

By: Will

Will — Wed, 07 Mar 2007 03:05:42 +0000

Dave- I think it’s misreading the “greater than” and “less than” signs as opening/closing HTML brackets. Try replacing each “greater than” symbol with its escape code “>” and of course “<” for the “less than” symbol and see if the entire equation gets thru. Should be OK to put them all in the same comment. [DOH! I put the actual escape codes in MY comment, so they just displayed as the symbols… I’ve fixed it now; sorry]

I’ve had a bit of a problem with some of the simple crossover rules (X is greater than Y today AND X was less than Y yesterday), particularly moving average crossovers, in that when I combine them with price criteria they sometimes miss signals if price gaps. But I’m eager to give this one a run!

By: Dave

Dave — Tue, 06 Mar 2007 22:06:37 +0000

Will:

Ok here it is:

For the buy equation I’m using:

RSI[RSI,14,D] Stochastic[StocD,14,3,1,10] AND Stochastic[StocK,14,3,1,10,1] 60 AND (Stochastic[StocK,14,3,1,10] Stochastic[StocD,14,3,1,10,1])

The parentheses may or may not be needed but they do show where one segment of the filter begins and ends. I wanted three tests for a buy and two for a sell. As you can see the RSI is the standard 14 day version using 40 and 60 as the trigger rather than 30 and 70. This seemed to loosen up the filter a little. As for the MACD filter, that is directly from Dicksan at the HSM forum. The Stochastic equations are from the Metasubverse website.

This filter seems to catch a stock early enough that you can spend a few hours or days analyzing the results before plopping down your money; or taking your money off the table.

Dave

By: Will

Will — Tue, 06 Mar 2007 13:08:24 +0000

Dave- Certainly! I’m always open to learning, and if it helps any of us make a buck, all the better. Feel free to post any formulas/ideas you’d like to share in the comments- if WordPress gives you too much agony re-formatting them for you (and misreading things as HTML tags), email ‘em to me and I’ll do the requisite HTML escape code substitutions, then I’ll post them.

I do ask that everyone be patient as we work on this stuff. I work full-time and have 3 kids, so sometimes I get hung up a couple of days at a time without even being able to LOOK at the site. But as we know, Mr. Market will always be waiting.

Thanks for the visit and the info!

By: Dave Race

Dave Race — Tue, 06 Mar 2007 04:11:53 +0000

Will:
A few nights ago I installed TDA’s StrategyDesk software. After doing a GOOGLE search for info, I discovered your site. A great site I might add… just what I was looking for; someone who likes to share trading ideas and info. In addition my search resulted in finding www.metasubverse.com/strategydesk where he lists a couple Stochastic buy and sell ideas. I also found on the HSM forum board an MACD buy idea from username Dicksan. I then put these ideas together, along with an RSI idea I had, and created a BackTesting filter. I’m trying it out now and find it very interesting. I’m not a day-trader so I like to hold a stock a few weeks or months before selling it. So far my filter seems promising, but I’m sure it could use more work. In one case, going back about a year, it found 24 stocks; 16 were gainers and 5 were losers. The remaining would still be held at this time. If you’re interested, I’ll send you a copy and maybe between us and others on your site, we might be able to improve on it.

Thanks, Dave

By: BNJ

BNJ — Mon, 05 Mar 2007 13:47:04 +0000

Will, I’ve been doing the same thing, familiarizing myself with EasyLanguage etc., in anticipation of a possible move. Given the trading requirements, I’ll want to hit the ground running when and if I do jump to TS.

I also downloaded 1.1 of StrategyDesk, but after 30 seconds of playing with it, I haven’t noticed any changes yet. In any case, I’m at least cautiously encouraged that they do seem like they plan to do active development on the product — to some extent, at least.

By: Will

Will — Sun, 04 Mar 2007 16:48:00 +0000

Thanks John- downloaded SD 1.1 Friday night, and have toyed around with it a little. I’m liking the subtle improvements they’ve made, and now we have a direct link and 800-number for questions/feedback! Maybe AMTD is listening and realizes they can increase their profit (commissions) substantially by giving us active traders more/better tools. Now we just need some decent documentation. Here’s to hoping.

BNJ - I’m still kinda a stuck-in-the-mud, staying with the familiar. I’m going to hang with AMTD for at least a few more weeks and see what they do with StrategyDesk. In the meantime, am gonna be exploring TS documentation, etc, for when/if I make the switch.

By: John

John — Sat, 03 Mar 2007 23:29:47 +0000

There is a new version of StrategyDesk (Ver. 1.1) available for download at Ameritrade. Still very buggy but has some improvements. Looking forward to your posts in this area.

By: BNJ

BNJ — Sat, 03 Mar 2007 13:51:03 +0000

Thanks, Will, although you must’ve been pretty bored to be reading my site. I’ve really been enjoying this one, however, and after learning that TradeStation now waives its monthly fees for relatively modest trading activity, I will probably fund my TS account as soon as the tax refund comes in. Meanwhile, I’ll struggle along with StrategyDesk, trying to coax it into doing something useful.