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_SMAA_Statistics
Posted: Mon Jun 29, 2009 8:02 pm
by RockHardTen
I have searched without success trying to figure out how to use SMAA_Statistics to find the sweet spot. Could someone please point me in the right direction please?
Thanks
Posted: Mon Jun 29, 2009 8:59 pm
by TheRumpledOne
You can use the MTC_Checker and change the inputs to figure out the sweetspot for what you are trading.
Posted: Mon Jun 29, 2009 9:01 pm
by TheRumpledOne
But to answer your question......
You load it twice.
For Cows, I show how many times it moves 0.10 for High - open = X
Then I show how many times it moves 0.50 for high - open = Y
Y / X should be as close to 1 as possible. 0.7 - 0.9 is acceptable.
Posted: Mon Jun 29, 2009 10:59 pm
by RockHardTen
Thanks Avery, I don't know if it matters that I didn't mention I'm trying to set up TRO_BuyZone for futures. I'd appreciate it if you could let me know if the above is still the right formula?
Posted: Mon Jun 29, 2009 11:12 pm
by TheRumpledOne
You have to play with the numbers. Depends on what future you are trading.
It might be 1.00 and 2.00 or 1.00 and 1.50 for you, I don't know.