Hmm, once in awhile the site is slow for me and won't load, but it hasn't happened for a while.
Thanks for posting your excel spreadsheet Dale, it seems that your H2-L2 also always has the highest value, at least on that spreadsheet. I did use the absolute value, so I'm pretty sure my calculations are correct as well. I guess I could test it by using the high, low, close and open values from the worksheet in the book, I'll do that a bit later.
So since you (and I) have come to the conclusion that the volatility system's multiplier should be "left alone" are you not following the "swing volatility" combo anymore? I liked the idea, but to be honest I'm still trying to grasp the swing index and adding more stuff to the mix confused me a bit. Maybe using it with the original 3 multiplier would work better. As "the man" said in that interview a while back, he thinks the volatility system is the best and while it is hard to stick with the relatively few trades and sometimes big swings, it looks like it can work great as long as long as you aren't stuck in a range, where at least it will keep you from whipsawing back and forth because it seems until the price breaks out of that range, you won't reverse as indicated by the sar. I thought about maybe trying it out with a shorter timeframe, like the 1 hour or 4 hour maybe.. it might give you more trades, but then again more losses.. I will have to do some research.
With regards to your last idea, I believe I understand how the system would work, but I have to ask you (dumb question) what is a "stop order"? With Oanda I can either execute a "market order" which is simply buy/sell at the current market price, or a "limit order" which is executed when the price hits a certain price that you specify, either above or below the current market price. I assume that a limit order and a stop order are the same, right? If so, I do understand, and in my mind it seems that it should work, unless maybe you are stuck in a range, but.. well it still seems that it should work.. Arrghh. Now I can't stop thinking about it.
Anyway, I have one more exam tomorrow morning so I should be getting to bed. I'll be driving home tomorrow for spring break where my new laptop awaits, so no more running windows xp on a 1.2 GHz Pentium III and 256 MB of memory (woohoo!). I'll be bringing the book with me so until tomorrow.. good luck and good trading.
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