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> just want to pipe up on the wish list one more time. It would be neat to
be able to easily run a study that told you what time of day ( intraday
data ) for a specific issue or futures generates the best trades by
specifying the risk reward ratio you are looking for or using percentages of
the average daily range as MAE and MPE inputs. example if I am willing to
risk 30 percent of the average 10 day range to capture 60 percent what is
the distribution of best times of day . Obviously you will need to have a
way of specifying with the trend or countertrend and have a criteria for
such . Too much to hope for ??
>
> Dale
Dale, thank you -thank you for bringing this up! YES! TraderWare can do
this and without the use of a chart. Here is the way it works:
1. you build a system, the system will have a default data series or data
compression.
2. this default data series will be held in a loop in the system, in this
loop you specify an ending data compression.
3. the system will then run the test starting from the highest time frame
specified to the lowest.
4. then in the system results you can find the highest profitable time frame
or data compression.
5. then you can hit button that says plot and it will build a chart for you
and apply the system and display the buy and sell arrows.
kool don't you think? mb
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