Help badly needed in a specification for a trading system
Posted: Wed Apr 30, 2008 9:58 am
Hello Guys,
I am a swing trader with little experience. I have been using Channel Breakout signals for 2 months with a success. Recently I found a guy who says he can code any trading strategy for me. He asked for a specification of the trading system that I have in my mind and he will code it.
The catch is I simply can't write it. I am a song lyrics writter and all this logical stuff, like ''buy if a condition dependant on some other condition is fulfilled'' is just to much for me Yes, I am a silly newbie who hated math at school.
I have a big big favour to ask you. Could anyone post a specification of any strategy in plain English. The more complex one the more appreciated. So that I could see what such a strategy specification looks like and use some of the logical phrases and wording that will be understandable both for me and especially for the programmer I found?
I simply lack words (English is not my mother language) to describe that, e.g. the signals generated by Stochastic should be less important for the reversal signal generating than those generated by MACD divergence, etc. And in case of two conflicting signals, what the trading system should do nad how I should specify this to a logical programmer? - I do not know
If you came accross any strategy specification (in easy to understand English) please share it.
As I have not decided what the signals should be generated on please also make some suggestions on what indicators should I use and which not. I am a newbie so I might stupidly put redundant stuff in my strategy and overpay the guy
Regards
I am a swing trader with little experience. I have been using Channel Breakout signals for 2 months with a success. Recently I found a guy who says he can code any trading strategy for me. He asked for a specification of the trading system that I have in my mind and he will code it.
The catch is I simply can't write it. I am a song lyrics writter and all this logical stuff, like ''buy if a condition dependant on some other condition is fulfilled'' is just to much for me Yes, I am a silly newbie who hated math at school.
I have a big big favour to ask you. Could anyone post a specification of any strategy in plain English. The more complex one the more appreciated. So that I could see what such a strategy specification looks like and use some of the logical phrases and wording that will be understandable both for me and especially for the programmer I found?
I simply lack words (English is not my mother language) to describe that, e.g. the signals generated by Stochastic should be less important for the reversal signal generating than those generated by MACD divergence, etc. And in case of two conflicting signals, what the trading system should do nad how I should specify this to a logical programmer? - I do not know
If you came accross any strategy specification (in easy to understand English) please share it.
As I have not decided what the signals should be generated on please also make some suggestions on what indicators should I use and which not. I am a newbie so I might stupidly put redundant stuff in my strategy and overpay the guy
Regards