I use TC2007 and would like to try Ameritrade auto-trade on small scale.

How does Strategy Formulae compare with TC2007 for ease of use and results?

Have a great tdg day all !

I appreciate your response and I continue to work with RSI2 and notice numerous signals on 15′ chart.

The inherent problem I am now encountering is too many signals. Therefore, I am analyzing 30′ and 60′ which won’t pump out as many signals but will reflect longer trends.

I am still working on a viable short-term trading strategy using a Volatile Stock list.

During the period of 2002-2005 I kept noticing the number of BMWs, Range Rovers, Jags etc exploding. I kept wondering to myself how the hell are these people affording these cars. I was making $100K and I couldn’t afford a $75K car. And I know that my neighbors made nowhere near what I made. Yet here they were with new luxury cars, new boats, new RVs.

The secret was the house as ATM. Get a HELOC, take out $50K and bam there is your new BMW. Works great if house prices keep rising forever. Now that has stopped and all these idiots are on the verge of losing their house.

But not to worry Uncle Sam to the rescue. This bailout will once again reward bad behavior and punish good behavior. It is a disgrace to capitalism.

To apply that method to the Nasdaq or other groups of stocks would be like putting mudgrips on a Ferrari. Doesn’t mean they’re bad tires, it’s just not the setting for which they were developed, and so they are very likely to underperform.

Please consider the “R2″ method, as I said in the “Conclusions” section of that post, to be “an excellent starting point for experimentation” and not a ready-to-use system.

As you may have read in my subsequent posts, I developed a personal system based on the RSI(4) over the ensuing months, and I now use it as one of my primary references for any trade. There is much to be gained from exploring short-period RSI patterns.

Cheers, and thanks for the visit.

I have been “playing” with Ameritrade’s Strategy Desk and I inputted your March, 2007 formula for R2 Strategy. When I look at various universes, e.g., DJ30 and NAZ100 results are all negative not big positive as you indicated.

Is there a variable I may be omitting?

Thank you in advance!