Kreslik.com - traders community since 2006

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

You can use the MTC_Checker and change the inputs to figure out the sweetspot for what you are trading.

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.

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?

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.