Parabolic SAR - that's all!

Trading Systems Free Forex Trading Systems
2099

Hello,

Yup: you’ve got it.

It’s real nice to watch the SAR ‘track’ the price down or up every day and it’s starts getting exciting once the SAR is close to the price (noting of course my ‘don’t second guess to close’ comment above)!!!

Like I said before: can you imagine having to ‘plot’ charts every night with graph paper, a calculator, and a pencil!!!

There is one thing that I do, in fact, wonder about though and that is the fact that all the systems are based on or demonstrated using the daily timeframe. Is that because when the book was written they did not have information ‘on tap minute by minute’ like we do now or what? The reason I think about it is because I’ve had a look at the shorter timeframes with all the systems and there is no reason for them not to work (with the exception of the Volatility System i.e. it’s not designed to handle market ‘noise’) on the shorter timeframes (well, up to the one hour, not shorter in my opinion). If I look at his other system or concept i.e. ‘The Delta Phenomenon’ there we are talking days, weeks, months, and years i.e. also never a mention of anything shorter. Maybe, he, like me, believes that the only way to make REAL money is on the daily timeframe or longer. Not sure. Like I said: the other systems COULD work but the rewards are not too great i.e. small pip movement so smaller profits. Then of course there is the ‘all important DAILY CLOSE’ that everyone looks at!!!

2100

By the way,

when I was using Excel I used the following to remind me of what I’m doing:

Entry:

Looking to go short:

Highest close less previous days ARC. Go short when the close is less than the SAR.

Looking to go long:

Lowest close plus previous days ARC. Go long when the close is greater than the SAR.

Exit:

From long to short when close is below the SAR.

From short to long when close is above the SAR.

Don’t know if that helps to simplify things.

2101

what is the most choppiest currency pairs?? As I’ve foundout… the total overall percentage of non trend is higher than ones which trends… but everyone seems to concentrate on trending price… I though i would develop a strategy based on non trending…

So which ones that you trend fans avoid??

2102

Dale, I was reading about the directional movement system and I found out some good information, I’m sure you have already seen it but I just wanted to know what you thought about it. First, Wilder says that when the ADX is below 20 or 25 to not use a trend-following system (like the volatility system?) He then goes on to say that the only systems in the book that CAN work with a low ADX are the TBP system and the reaction trend system. Do you use ADX at all to filter results with the volatility system? It seems you can use the TBP all the time but maybe only use the volatility system with trending markets or a favorable ADX? I would also be curious to see how the CSI (commodity selection index) can factor in to this, maybe help you find a forex pair or other tradeable instrument that is best suited for use with the volatility system…

2103

Good morning,

Once again: I’m really glad that someone else is seeing the ‘wisdom’ that I saw in the book.

Before I go on I once again want to state that whatever I ‘share’ is my own personal ‘take’ on things and does not necessarily mean that, although the systems are purely technical in nature, that there is not a CERTAIN (albeit) small amount of personal interpretation possible and my interpretation MAY not always be correct. Having said that I do feel confident in saying that I feel that I know all of the systems ‘inside out’ from a technical perspective for the simple reason that I have studied that book ‘inside and out’ for the last couple of months. Of course: being so ‘besotted’ with something such as I am with this book means that there is always the possibility of me not being able to 'see the wood for the ‘trees’ i.e. when you have read and reread something that many times it’s easy to ‘overlook’ something small or keep interpreting something incorrecty all the time.

ADX:

At first, when I started ‘studying’ ADX, I did not see it’s merits, expecially when used in conjunction with Parabolic SAR i.e. if you were to wait for ADX to be above 20 - 25 before starting to use Parabolic SAR you were pretty much always ‘getting in late’ and also missing some very ‘grand trades’ if you ‘stuck religiously’ to the rules of ADX. This, I’m afraid, is what I think the vast majority of people notice. What they miss though is the relationship between ALL the ADX lines i.e. +DI, -DI, ADX, and ADXR and where these lines are in relation to each other AND THAT IS THE REASON THAT BUYING THE BOOK AND REALLY UNDERSTANDING ADX is what makes all the difference to the indicator.

I can honestly tell you that I do not take much cognisance of the actual VALUE of ADX or ADXR anymore (or should I rather say that their actual values, although noted, do not get taken into account as a deciding factor for a possible trade). I DO however note WHERE these lines are in relation to +DI and -DI and I also note whether these lines are moving up, moving down, about to change direction, etc. etc. etc. and this is where the ‘true value’ of ADX lies I think. For example: if a trend is about to stall, change direction, or continue, then take a very good hard look at what the ADX line does during these periods. It’s ALWAYS ‘on the money’.

Regarding the TBP System and the Reaction Trend System:

My ‘take’ is this: I would agree that the TBP System would work in a ranging market BUT having said that there is no reason to NOT use it in a trending market as well from what I can see i.e. if the market IS trending then only take TBP System signals to enet in the direction of the trend (and here I would ‘note’ ADX as described above POSSIBLY noting the value of ADX at the time). The Reaction Trend System was designed to initiate a trade in a ranging market but if the instrument started to trend then you’d immediately be put in ‘trend mode’ and follow the trend until the instrument started to range again. What I’m really saying here is this: my interpretation of his words is that they are ‘better suited’ to non-trending market but that does not necessarily mean that they CANNOT be used in a trending market.

The Volatility System and a range bound market:

Again: because of it’s design I cannot see any reason why it would not work in a range bound market. Yes, the longer the instrument in stuck in a range, the longer you’d be holding on to that position but remember that the Volatility System will ‘adjust’ itself in relation to the volatility so even if an instrument is stuck in very tight range all it means is that the Volatility System will just remain ‘static’ until a breakout of the range occurs and it will then start tracking the ‘trending price’. Of course you would not make (take) profit in a range bound market with the Volatility System because you would not get a stop and reverse signal BUT let’s say that you had been using the Volatility System for a while, the market had been trending, you were now in a profit situtation, and the market then started to range (consolidate???). With the Volatility System all that would happen is that you would just be ‘sitting on your profit’ for a while and if the trend then continued in the same direction as before then of course your profit would increase but if the break out of the range was in the opposite direction then, of course, you’d realise your profit when you stopped and reversed.

The Commodity Selection Index:

This, strangely enough, I have not even ‘messed’ with up until now but I think that today I will sit down, calculate it or try and write an indicator for it and see the results. I’m sure it has merit (as does everything else in the book) but I have just not ‘gotten into it’ for some or the other reason. Actually, as I type this message to you, I’ve just had a ‘flash of inspiration’!!! Would the CSI not be a solution for our ‘weighting of the pairs against each other’ problem??? I mean: what it’s telling you is this: even although one instrument may have a better ‘payoff’ when it’s ‘moving’, if it’s NOT ‘moving’ BUT an instrument with a lower ‘payoff’ IS in fact ‘moving’ then obviously it’s better to be trading the instrument with the lower ‘payoff’ that is ‘moving’!!! Now THAT could be something to ‘study’!!! The ACTUAL values of ADX / ADXR are important here. Take a look and I’ll do the same. Like I said: for some or the other reason I just never ‘got into’ that chapter but now that I think about it maybe it carries MUCH weight!!!

Later.

2104

I just read over the commodity selection index and you are right, it does seem like it can help. I’m looking at the formula for calculating CSI, would you say that the C (commission) variable would be the buy/sell spread for a forex pair? What I can’t figure out is what you would plug in for the “M” or margin requirement, since at least with my broker, I can buy any lot size I want, so obviously the margin requirement can vary. Maybe use the same number for all of the pairs? Maybe I’m just getting tired as it is 2am here and i’m working on 5 hours of sleep, but I also can’t figure out what you would use for the value of the 1 cent move or “V”? It would have to be “tweaked” to work with forex I believe, because a one cent move in forex is obviously a lot bigger than one cent with stocks or commodities. Anyway, my theory is that by calculating the csi for many forex pairs, since it measures the trending amount, the ones that have a higher csi maybe should be traded heavier, with bigger trade sizes, solving our “weighting” problem perhaps… Let me know what you think, I’m gonna call it a day but I will be on tomorrow.

2105

Just ‘by the way’:

I thought you’d like to know that I have started ‘tracking’ (not trading) a Volatility System trade i.e. the Volatility System indicated a long trade on 29-01-2008 at 12:00pm Bulgarian time i.e. the price closed above the SAR at 0.9984 (mid price i.e. between ask and bid). The current SAR price is 0.9673. As you can see from these prices i.e. the minimum potential loss CURRENTLY if the SAR is ‘breached’ is 311 pips AND the SAR may move even further away from the opening price of the position in the coming days. Can you see why I say that it is REAL important to not overtrade your account with this system i.e. you have to be able to ride out the dips without getting margin called. It’s a ‘tall order’ I know!!! One thing is for certain: with ALL of these systems it’s impossible to adhere to the 1% or 2% risk rule if you’re under funded. As a matter of fact HE does not have this ‘maximum risk rule’ in place i.e. HIS ‘rules’ relate to the percentage of margin being used at any given time i.e. no more that 15% of total capital margined on any single commodity (position or pair) and no more than 60% of total capital margined at any one time. Interesting. How do you like the calculation of the percent gain required to recover a loss??? Makes you think six times before holding onto a losing position ‘hoping’ does it not!!!

2106

Sorry, we were ‘overtyping’ each other.

I suppose for the purposes of the CSI calculation you would have to ‘standardize’ on a lot size to ensure that things are ‘equal’ i.e. that you’re comparing ‘apples with apples and oranges with oranges’. The margin requirement would then be the amount of margin having to be ‘laid out’ or used to buy the SAME LOT SIZE for each pair (the MONETARY VALUE being used). The commission, as you quite rightly state (I think), would be the MONETARY VALUE of the spread and the 1 cent move I would say is the MONETARY VALUE value per single pip movement, both being relative to the forex pair(s) in question.

I’m still busy with this though so these are just my ‘initial’ thoughts.

Edit:

I don’t think I’m right above about the value of ‘V’ i.e. ‘V = Value of a 1c move (or the basic increment of the ATR(14) in Dollars)’.

I’m still trying to work this one out.

What I also found interesting is this statement: ’ . . . the mose important index to use for a trend-following system is the ADXR . . .’ i.e. NOT ADX??? (That’s what I said earlier about this book: every time I read it something else ‘jumps out’ at me i.e. it’s kind of ‘the gift that keeps on giving’)!!!

Another edit:

This could get real complicated i.e. it just ocurred to me that at GCI (for example) the margin requirement is ‘fixed’ in increments of $50 but the lot size varies whereas at Delta (for example) I can vary the lot size and the margin requirement will vary.

2107

Hello,

Now it is I that needs help (or at very least an opinion)!!!

This CSI ‘thing’ has got be ‘baffled’.

‘V = Value of a 1c move’.

Is that INDEED not the same as a 1 pip move on a forex pair???

My logic is this:

In the book it is only commodities that are traded AND their prices ALWAYS take the form ‘$99.99’ e.g. ‘$45.00’ (Soybeans. Have you seen what they’re at TODAY by the way)???

So: I’m thinking like this: a 1c move based on the above ‘price format’ is the same as a 1 pip move on a forex pair is it not???

What I think he is trying to ‘take into account’ is leverage i.e. the value of a 1 pip move on EUR/USD is a ‘far cry’ from the value of a 1 pip move on GBP/JPY. Conversely: if this IS NOT what we’re trying to work out here then a 1c move would equal a 1c move no matter what (if there was no leverage) regardless of the commodity or forex pair being traded.

Thoughts???

2108

Dale, I do believe that a 1 pip move is equal to a 1 cent move of a commodity, it makes sense. The scale is the same, and both are the smallest measurable movement, one pip for forex and one cent for a stock or commodity. I have a question for you about the TBP system again… have you ever been in a situation where your target is a worse price than what you got into the trade for? I went short GBP/USD based on the TBP and I am currently around -100 pips. Tonight, unless the pair moves another 130 pips more against me, the TBP will still be above the close and I will stay short, but the target will have moved to about 30 pips above my trade price, so if I hit my “target” it will result in a loss of 30 pips on the trade. I know my spreadsheet is correct, maybe it’s just the way I’m interpreting it, I am still not 100% confident I am following the rules right…

edit: I was messing around with the spreadsheet and it seems whenever a position closes at a worse price than that trade was entered at the previous day, the target either becomes very close to break-even or slightly worse… this doesn’t seem right. I have two columns for TBP on my spreadsheet, TBP if short and TBP if long, should I be using the “opposite” column perhaps? Dang it now I’m confused :confused:

2109

Good morning (well it’s 1:00am here so it’s morning for me)!!!

No, you are right, that’s how the system works i.e. the idea is that if you opened a position, it went against you however, but not ‘badly’ enough to take you out with the stop, then you get a reduced target, which could result in a smaller loss or smaller profit. Having said that though: remember that it can, and does, work both ways i.e. your ‘new’ target may not get hit the next day and, depending on price movement, the target may move further away and, possibly, actually INCREASE the profit target.

If you have a look at the Reaction Trend System you will see the same ‘mechanism’ in action i.e. if you opened on a ‘B Day’, had to hold on the ‘O Day’ because target was not hit, and target was not hit on the following ‘S Day’, you’ll find that the next ‘B Day’ may have an increased or decreased target depending on the price action of the previous two days.

2110

Ok good so I am doing it right then… whew. It just seemed weird to me, because I have separate columns for tbp if long and tbp if short, and if gbp/usd closes tonight at what it is at around now, it would be above my “tbp if long” value so I wasn’t sure if I should then reverse to long, even though I am short in the market and use the “tbp if short” value as my tbp. Also, I was wondering if your stop loss ever gets closer to your trade value than the TBP… In my gbp/usd trade the target is about 80 pips away, stop is 160 pips away but the TBP tomorrow is even further away, like 240 pips. I guess all that means is that regardless if I hit my target or not, I’m going to be reversing at the close tomorrow unless gbp/usd hits the target and then moves another 160 pips further after that and closes.

2111

Dale, if you haven’t read my last post yet, disregard it because I’m pretty sure it is normal, it was just a weird thing because of how the price reversed, the TBP was further away than the stop for one day, but it is now “normal”. I expanded my trading to the 6 “major” pairs, and I now have positions open in eur/usd, gbp/usd, usd/jpy, usd/cad, aud/usd, and usd/chf. Up until today I had only traded with three pairs, and as of right now this is my third day with the TBP system and I have a profit of 154 pips so far, and no losing trades yet :slight_smile: Do you think the system will still work with me trading 6 pairs now? I worried about positions “hedging” each other but it is a fairly short-term system and the targets are pretty close so hopefully it will continue to be effective…

2112

Hello,

Yes, sorry, I only saw BOTH of your posts now this morning (I’m ‘missing’ things because I’m back to my old ‘antics’ of being up at 2:00am and 3:00am and are getting so tired I can’t see straight. The irony is that EVEN WITH me having ‘coded’ all of the systems into my platform it’s STILL taking hours to set up all the trades every night)!!!

I cannot tell you how happy I am that the TBP System is working for you (I’m sure it’s at least paid for the cost of the book by now)!!!

I am now using the Swing Index exclusively so I have not been trading the TBP System this week (I FINALLY managed to sort out my ‘Trailing Index SAR issue’ yesterday so I’m feeling REAL confident right now).

OK, as far as pairs go: I don’t know if it’s just me AGAIN BUT I also only traded the ‘MAJOR MAJOR’ pairs with the TBP System and that worked well. At one point I introduced all the crosses (including the ‘commdolls’) to the ‘mix’ and lost on many a trade. This, strangely enough, is happening right now with the Swing Index System as well i.e. the ‘commdolls’ are not ‘performing’ the way I’d like them to. It’s almost as if this ‘third factor’ of the commodity plays ‘havoc’ with me and any system I’ve used in the past. I’m starting to think that ‘playing with commdolls’ could very well be a sort of ‘specialised’ field as it were. I’m not sure but that’s my experience so far EVERY SINGLE TIME I try to introduce the ‘commdolls’ into my ‘mix’.

What I’m saying is this: on the major pairs the TBP System works fantastically but on the ‘commdolls’ and ‘exotics’ I did not do that well so I eliminated them from my ‘TBP mix’ and things were good again.

I think that the most important thing to note is what makes the TBP System work and it really comes down to two things: volatility and momentum i.e. without a ‘bucket load’ of either it’s going to fail e.g. using it on something like EUR/RON would be a ‘recipe for disaster’ i.e. huge spread, limited trading times, very low volatility, and therefore no real momentum, BUT on something like GBP/JPY: you have the ‘ideal movement’!!!

Also: what you want to avoid AT ALL COSTS is a ‘TBP stop’ being hit!!! Like I said before: it can be ‘gutwrenching’ in the most ‘graphic’ of styles!!!

Anway, like I said, I’m happy that it’s working for you and I hope that it’s instilled enough confidence for you in Wilder’s work for you to have a look at the other stuff in the book, the most important work, in my opinion, being the Swing Index System. Put it this way: (as I have probably said before) for the first time in over a year I honestly feel like I’m ‘trading for living’ and not ‘hoping to make a living trading’ and for this I will forever be in his debt (note ‘the avatar’)!!!

If, and when, you get to the Swing Index System ‘drop me a line’ i.e. there are MANY things that need to be ‘tweaked’ for trading forex pairs i.e. for trading anything OTHER THAN commodities but, like I said, I have FINALLY ‘got them down man’!!!

I’ll tell you the best part: the Swing Index System is really (just???) a ‘mathematical’ way of representing support and resistance and candlestick trades i.e. someone who has the experience and knowledge would just look at a chart and immediately ‘pick up’ the exact same entries from what I can see but I do not have this expericence and knowledge and feel far more comfortable with the ‘mathematics’. In time, who knows, in a ‘roundabout way’ I might learn to ‘see’ the entries myself but in the meantime I at least ‘feel’ that I’m on the ‘brink’ of being able to sort out the financial problems that I caused for myself last year through careless and reckless ‘gamble trading’ and trading the ‘euphoria’ when I was doing well and then ‘overtrading’ the ‘despair’ when I was losing.

I also think I’m about ready to ‘launch’ my ‘new career’ as an IB for Delta!!! I’ve ‘coded’ all of these systems into the platform and my idea is to give them to anyone who opens up an account at Delta through me along with a sort of ‘free mentorship’ on the systems in the book as well as ‘first line support’ on the trading platform. What do you think??? Hey, hopefully, it could become a ‘win-win’ situation i.e. I make commission over and above my ‘Wilder trades’ and the new trader get’s to make profit from the ‘get go’ as I have already paid in excess of $60K or $70 last year toward their ‘tuition fees’!!! How’s THAT for a deal!!! (This, by the way, is NOT meant to be an advertisement BUT I’m just curious if anyone else has become an IB for a broker and how it works and is it worth the time and effort).

Anyway, just ‘thinking’ aloud.

Keep going and good trading.

2113

It’s good to hear you are becoming more confident in your trading, and I hope it continues to work out for you… I may be indebted to Wilder pretty soon as well :slight_smile: Anyway, maybe I did “jump the gun” a bit when adding the other pairs to the mix for the TBP system, you said it worked well for you with the “major major” pairs, do you think eur/usd, usd/jpy, gbp/usd, and usd/chf are ok? I guess usd/cad is technically a “comdoll” as well as aud/usd so I will probably stop following them, maybe I will add gbp/jpy, as you said it has good volatility and is still somewhat of a “major”. Like I said in the last post, I kind of worry about positions canceling each other out with the TBP, like if I get a signal to go short usd/jpy but long usd/chf, I just checked my positions and I do have a few of those, but I’m not sure if they really move in correlation like that in the short term as in a few days, I guess I will wait and see. I have just started looking at the swing index, and I am currently writing my spreadsheet for the volatility system, I thought I would try it out on gbp/jpy as well… I want to get a good grasp on one system at a time so I can see how I like them and how they perform, so I will be setting up the swing index pretty soon.

2114

Hello,

Well these are the pairs that I had in my ‘working TBP mix’:

(I chose them on the basis that these are the pairs that appear on Bloomberg TV’s ‘ticker’ EXCEPT for the ???/NOK, ???/ZAR, and ‘commdolls’):

CHF/JPY
EUR/CHF
EUR/GBP
EUR/JPY
EUR/USD
GBP/CHF
GBP/JPY
GBP/USD
USD/CHF
USD/JPY
XAG/USD (Silver - works well)
XAU/USD (Gold - also works well)
WTI??? (WTI Crude)
COIL??? (Brent Crude)

Actually: it just ocurred to me that the TBP System works fine on the ‘underlying’ commodity or metal but just does not seem to work on the ‘commdoll’ pair i.e. I’m sure it’s got to do with the ‘third factor’!!!

Now that I’m thinking about it maybe I should give it (the TBP System) a bit of a ‘demo runthrough’ on stuff like Platinum (huge spread though) and, of course, SOYBEANS (on which these systems were largely ‘based’). The only reason I have not tried it on Soybeans is because I would have to go back to the ‘Excel version’ again as I have not ‘coded’ the systems into GCI’s platform (yet) but I suppose it’s not a ‘train smash’ to try and only follow one or two instruments using Excel.

2115

Thanks Dale, that list is helpful. Do you remember getting better results with certain pairs? So far from my few days of using the system usd/jpy and eur/usd have always hit their targets pretty easily, not quite as much success with gbp/usd though. I was wondering though, when you have two pairs that “go against” each other, for example long gbp/usd and short gbp/jpy, you still take the trade, right? It seems the pairs should move enough during the day to hit the target most of the time regardless of the direction. I also want to try these systems with stocks and commodities, I opened a demo account at GCI but their minimum deposit for a live account is $500 so that will have to wait for a bit.

2116

Hello again,

I think the results are / were pretty much the same for all the pairs listed i.e. no one pair gives / gave better results than the other BUT remember our discussion on the ‘weighting’ of the pairs!!! A few times I would hit the TP target on a few pairs no problem BUT THEN I got stopped out on GBP/JPY OF ALL THINGS and that really ‘messed’ with the profits that I’d made out of the other pairs.

Now that I’ve got all my ‘coding’ sorted out I’m going to devote some more time (today, right now) to the CSI. I have a ‘feeling’ that this is the answer to out ‘weighting issue’ somehow. I did start on it the other day but the problem that I was having the the ‘Trailing Index SAR’ on the Swing Index System kept ‘bugging me’ and I HAD to sort that out first.

As to taking the trades when the pairs are ‘going against each other’ it’s again a sort of ‘damned if you do damned if you don’t’ scenario from what I can see i.e. with the TBP System you are right: it would APPEAR that because of the small targets they are pretty easily reached. Having said though, I’m still of the opinion that you still need a liitle ‘help’ from one of his other indicators and also a little ‘insight’ into what’s going on. For example: EVEN IF the TBP System was giving me a signal to go long GBP/USD today and EVEN IF there was a CHANCE that the TBP TP target was going to be hit today I’d ‘wager’ that the CHANCE of the price of this pair falling because of the BOE’s ‘story’ tomorrow is far more likely. I suppose it’s really like any other ‘system’ i.e. even although you’re entry, exit, stop and reverse, and TP targets are being ‘handed to you on a plate’ by the system the ‘human factor’ needs to somehow find the ‘edge’ i.e. the highest probabilitly trade. Put it this way: because of my ‘royal f*ck ups’ last year I no longer have the ‘luxury’ of being able to trade a 50/50 probability so, maybe I’m too cautious, but I have learned that to follow ANY system ‘blindly’ does not give you the highest probability of success.

2117

Good call on the GBP interest rate annoncement tomorrow, I haven’t been looking at the economic calender as much I used to. Oh well, if I get stopped out on my long gbp/usd that will make my first losing trade, it has to happen sometime :o. I’ve been a bit busy with school so I can’t devote as much time to this as I want but for the time being I think I’m just going to “roughly” weight the trades based on their average movement in a day or something, so maybe make a gbp/jpy trade only about 30 or 40% as much as the others, something like that. This weekend I will have more free time and I am definately going to take a look at the other systems, the CSI and swing for sure. Have you traded any of wilder’s systems with commodities or stocks yet? You said earlier you hadn’t coded the stuff into GCI yet but I was just wondering… if his systems work well on forex imagine what they can do with the markets they were designed for… :slight_smile:

2118

Hello again,

Thanks for the compliment (about the ‘good call’ I mean). It’s a pity that I’m not ‘consistent’ with it i.e. I’m absolutely useless when it comes to ‘calling’ things but tomorrow at least I think I’m OK!!! That’s EXACTLY why I need to use systems like these that yes, are affected by fundamentals and news, but don’t rely on them (me and my ‘intuition’) for a successful trade. Having said that: when something is a ‘no brainer’ then why not try and ‘stack the probability’ in your favour.

Remember that it’s not only the movement (ATR???) that needs to be taken into account it’s the movement AND the VALUE of that movement that needs to be taken into account and that’s why I think the CSI holds the ‘key’ i.e. it takes into account the ATR as well as the value of a move relative to another instrument (as well as taking the margin requirement and commission into account of course). It you have a look at it, although it’s telling you ‘what’ you should be trading, if you sort of ‘reverse engineer’ the part where it tells you something along the lines of ‘you could have traded the other commodity and bought more lots for the same price’ (not quoting here but rather ‘paraphrasing’) then you SHOULD have a ‘weighting factor’ (I think).

Anyway, let me finish it and test the results.

Edit:

I have not tried any of the systems on stocks or commodities as yet (with the exception of Gold, Silver, and Oil as mentioned) (well - not this time round yet anyway) BUT I KNOW they’ll work (I do ‘track’ the ‘proper’ Dow, Nasdaq, and S&P with them everyday though and from where I sit they appear to work perfectly). At the moment, though, I’m trading both my Delta and GCI accounts at the same time using my ‘Delta Wilder Indicators’ but it’s not ideal (although it’s working very well) i.e. I’m STILL of the opinion (AND ALWAYS WILL BE) that New York time is ‘THE TIME’ and it will be interesting to see, once I’ve ‘coded’ the systems for the GCI platform, if there is INDEED merit in my ‘New York time fetish’!!! I mean, if I’m trading the same instruments, using the same systems, and one does better than the other one then I’ve proved my point have I not!!! While I’m sure that this ‘timing difference’ will not affect something like the Swing Index System or the Volatility System I’m convinced that it will make the world of difference to the TBP System and the RT System. As a matter of fact: you’d probably be in a better position than me to test it out i.e. you say you’ve opened a demo account at GCI and I’m assuming you’re running a live account at another broker so trade the same instruments at both at see what the ‘hit rate’ is at each broker with the TBP System (GCI is New York time).