by jtatalov » Sat Aug 13, 2011 5:13 am
sunshine wrote:jtatalov wrote:Can this strategy be used simultaneously with other strategies to obtain real life simulations? Thank you in advance for your work and help
The strategy can be used simultaneously with other strategies. However I suppose that this doesn't make sense because the most of strategies have own parameters for risk management. The Mass Stop/Limit is intended rather for manual trading for the case you forgot to place Stop/Limit.
jtatalov wrote:Also, is there a reason it can only be used with a non-FIFO account?
The strategy cannot be used on FIFO accounts since regular Stop/Limit orders for individual trades cannot be created on such accounts.
I agree most strategies have risk management function embedded, however they cannot be personalized to the users money management policy. For example, the
TDI Indicator works great, however, occasionally it will give a false signals during ranging and/or consolidation periods where it would be prudent to add a 30-50 pip stop loss parameter to minimize potential losses. In addition, a trailing stop/limit parameter would allow the strategy to lock in gains for breakout periods. I'm wondering if it would be possible to incorporate the two functions into a single strategy?
Last edited by Anonymous on Sat Aug 13, 2011 6:03 am, edited 1 time in total.
Reason: formatted the URL for the inidcator