I'm not very friendly with TradeStation, I can say that I'm not even friends at all. But a lot of systems have been created for her., as it was once the standard for system traders. There are a lot of systems from the last century and even the one before last… If you go to the ebay.com auction, then the systems are sold there, mostly, for tradestation, for example, for WLD, at all, It was never. That's why, tradestation you need to know, at least in general terms. So here, I analyzed the old systems for tradestation for a couple of days and noticed that quite a lot of profitable ones come across (drove on futures, mainly on ES days and some others). And it was amazing, because, for example, if you run systems on WL, then there are simply no clearly profitable ones. Not that surprising, but also suspicious.
Recently, understood what's the matter — all miraculous profitable systems had a trailing stop, interest or dollar. And, small, less than average bar length. And less than a long bar three to five times. For example, dollar trailing stop 250-400 dollars for ES. And the position is always closed by this amount from the top of the bar. If the bar is long, it is clear that according to the trailing, the position in real life can be closed in the middle of the bar, but the program closes the position at the top. This is due to this and it turns out “profitable systems”. But only on paper…. Such systems should be tested on intraday data., but then the code should be completely different. And then, when they sell systems by 1000-5000 Dollars, as an advertisement, tests were carried out for them on the day and codes for the day. As an example, MiniMax2 system, which is sold at breakoutfutures.com.
Well in general, I tried and I create a miracle system. Took a random entry (not really, certainly, random — simply, by the first indicator that comes across) and exit at the dollar trailing stop 300 Dollars. Almost all futures days are profitable. Here is an example of a dollar index futures.
That is, the point is, that the trailing stop should not be less than the tested bar. If it is smaller, you need to switch to smaller timeframes.
If something is wrong I wrote, correct, since in Tradestation I am a complete amateur, as well as in everything else :)
