This new indicator calls the original formula; it only plots +1, 0 or -1. It does not matter if the original is on the chart or not:



It looks like this:

The simple answer is: Copy the code over to the System Tester, and replace all INPUT statements with OPTx variables.

The better answer is: If you do not understand the concepts of "curve-fitting", "in sample" and "out of sample", optimizing is hazardous to your fnancial health.

By "hazardous", I mean like a naked, blind man learning to juggle flaming torches while standing in a pool of gasoline, surrounded by dynamite.

So, go ahead and play with it, satisfy your curiosity, get it out of your system, BUT recognize that just because the software has an "optimize" feature (as do many others), does not turn it into a magical money-making machine, nor will it catch errors of ignorance on your part.

Hi Henry,

Did you use the code I posted? If so, what settings did you use?

VSTpro showed a negative P/R ratio...

If we are able to eliminate the long entries during a downtrend and eliminate the short entries from uptrends , the profits should increase



This uses the MTF as a filter

Dear Indexarb,

you realize that this indicator is just an adjusted MA! It doesn't account anything towards trend

[code] {_Test} Pds:=Input("Period",2,50,10); Sensitivity:=Input("Std Dev",.5,5,1); UseClose:=Input("Use Close",0,1,0); maMP:=mov(mp(),Pds,e); maATR:=mov(ATR(1),Pds,e); ADM:=maMP-maATR/2+Stdev(maATR,Pds)*Sensitivity; Entry:=if(UseClose,Close>ADM,High>ADM); Exit:=if(UseClose,ADM>Close,ADM>Low); { CLEAN - REMOVE REDUNDANT SIGNAL, 1=Buy -1=Sell } Signal:=Cum(IsDefined(entry+exit))=1; { Enough data ? } Signal:=ValueWhen(1,entry-exit<>0 OR Signal,entry); { Current } entry:=Signal*(Alert(Signal=0,2) OR entry*Cum(entry)=1); { Current or 1st } exit:=(Signal=0)*(Alert(Signal,2) OR exit*Cum(exit)=1); { Current or 1st } entry:=(exit=0)*entry; { favor EXIT } Signal:=Entry-Exit; { Signal } Season:=ValueWhen(1,Signal<>0,Entry)*2-1; { Signal active } { PLOT } ADM; *code/* tell me where you would start to retrofit this code? ps I gave you a hint!

Hi in general the indicator works in fast moving markets, however as the markets get less volotice it begins to produce false signals. ideally i would like a 3 time frame version and follow what 2 of the 3 signal. or to add a condition that says only change signal if the current indicator says change signal AND the security has moved at least "X" points since the last bar. points = ticks as i am using intra day thanks

I'd like a new car but that isn't going to happen without actually doing some work to go and pay for it. So far, I've seen jj and Henry doing all the work. Other than making requests for functionality, where's your coded input? I certainly hope you're sharing any profits of this system with them? wabbit [:D]

Wabbit

[code] I certainly hope you're sharing any profits of this system with them? *code/* from the charts posted below, there are no profits to be made!!!

indexarb,

The kase dev stop is more of what you are looking for.
it gives you 6 levels of stops. For more info you can read Trading With the Odds by Cynthia Kase

[code] Per1:=Input("max length",10,100,30); RWH:=(H-Ref(L,-Per1))/(ATR(Per1)*Sqrt(Per1)); RWL:=(Ref(H,-Per1)-L)/(ATR(Per1)*Sqrt(Per1)); Pk:=Mov((RWH-RWL),3,W); {you can change this if your indicator is long} AVTR:=Mov(HHV(H,2) - LLV(L,2),20, S); SD:=Stdev(HHV(H,2) - LLV(L,2),20); Val6:=If(Pk>0,HHV(H-AVTR-(4*SD),20),LLV(L+AVTR+(4*SD),20)); Val5:=If(Pk>0,HHV(H-AVTR-(3*SD),20),LLV(L+AVTR+(3*SD),20)); Val4:=If(Pk>0,HHV(H-AVTR-(2*SD),20),LLV(L+AVTR+(2*SD),20)); Val3:=If(Pk>0,HHV(H-AVTR-SD,20),LLV(L+AVTR+SD,20)); Val2:=If(Pk>0,HHV(H-AVTR,20),LLV(L+AVTR,20)); Val1:=If(Pk>0,HHV(H-AVTR+SD,20),LLV(L+AVTR-SD,20)); Val6;Val5;Val4;Val3;Val2;Val1;

HOLY MACKEREL -- six (6) levels! What's the reasoning behind that? Done any testing?