Scott’s Journal

[GlenPeake]

Nick Radge wrote:

AUD will be going sub-0.50

Holy Cow…. getting closer to the 0.50 mark in rapid time.

[ScottMcNab]

Thinking may over-ride systems and exit on close on Friday so flat for the weekend…hmm

[MichaelRodwell]

Good luck Scott.

It really helped me to step back and look at the whole situation in the context of my life etc.

[TrentRothall]

What systems do you have running Scott?

[ScottMcNab]

Just my 2 MRV….one of RUI and other on RUA..dont think can hold over weekend tho
Am I the only idiot still trading ?

[TrentRothall]

It was holding over the weekend that freaked me out too. I think NYC announced around 2000 new cases earlier which doubled their total

[ScottMcNab]

March 2020

XTO Rotn: Index filter switched off for March
MRV RUA: 3.2%
MRV RUI: 10.1%

Rotn still out for April

[Nick Radge]

Nice!

[Anonymous]

Great reversion results!

[ScottMcNab]

Been thinking about conversation between Trent and Nick last night…Nick recommended Trent add emergency exit of one sort or another to MRV in addition to stale exit…think I should too…this was I’ve got so far..I want to exit if close 20% below buy price…..seems to work ok in testing so far but…….

Buy = 0;
Sell = 0;
LBIT = 0;
PriceAtBuy = 0;
FlagExit = 0;
StopPrice = 0;
//

---

for (j = 1; j < BarCount; j++) {
if (PriceAtBuy==0 AND LE[j])
{
Buy[j] = True;
PriceAtBuy = LEPrice[j];
BuyPrice[j] = LEPrice[j];
StopPrice = PriceAtBuy*0.8;
LBIT[j] = 1;
}
else

if (PriceAtBuy > 0)
{
LBIT[j] = LBIT[j-1]+1;

if (LBIT[j] > 1 AND Exit[j])
{
Sell[j] = True;
SellPrice[j] = Open[j];
PriceAtBuy = 0;

}

if (LBIT[j] == ExitBars[j])
{
FlagExit[j] = True;
}

if (LBIT[j] > ExitBars[j])
{
Sell[j] = True;
SellPrice[j] = Open[j];
Exit[j] = True;
PriceAtBuy = 0;
}

if (LBIT[j] > 1 AND Close[j-1]
{
Sell[j] = True;
SellPrice[j] = Open[j];
Exit[j] = True;
PriceAtBuy = 0;
}

}
}

[JulianCohen]

In my one I experimented with using the factors that allowed entry as emergency exits, for example if C > MA(C,100) as a stock filter then if the stock goes below that then exit….

[ScottMcNab]

Although the MRV on RUI ended up doing well by the end of the month, it was a trial. I find for the MRV it is almost always this way…system loads up as index drops, “pain” increases further each day (almost as if trying to force me out!)….and then bounces when have just about given up… I would not have traded through this month if was on margin…would have been too much

[TrentRothall]

Hi Scott

A hot tip for fault finding or code checking multiple exits is in the looping you can add a identifier so it shows up in the backtest trade report what exit was used.

Some numbers are reserved for certain exits. 5 = n-bar

See this link for more info
https://www.amibroker.com/kb/2014/09/24/how-to-identify-which-signal-triggers/

[TrentRothall]

Sorry on the line –

Sell[j] = True

add

Sell[j] = True * 5

for example

[ScottMcNab]

Thanks Trent…will head to link now

[Author]

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