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Search: Posts Made By: spiderbyte87

Forum: Psychology and Money Management

July 16th, 2014, 09:14 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Writing this on the ipad so gonna be quick.. Will...

Writing this on the ipad so gonna be quick.. Will have an update to this in the next couple of days. I made some major changes so the guide will have to be rewritten. Im also moving the spreadsheet...

Forum: Psychology and Money Management

July 14th, 2014, 01:49 AM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

I should mention that this will ONLY get as close...

I should mention that this will ONLY get as close as possible to your preferred risk and will go over if the volatility profile deems that to be the best option. This is done by calculating the...

Forum: Psychology and Money Management

July 13th, 2014, 04:12 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

GUIDE

In order for this to work you need to be working on two timeframes. These are dependent on your account size and the way you trade. We're only using one chart so use your lower timeframe with a...

Forum: Psychology and Money Management

July 13th, 2014, 03:07 AM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Thanks ill have to open it in excel on my laptop...

Thanks ill have to open it in excel on my laptop and reupload.. I still have to put together a guide to using it anyway, shouldn't have jumped the gun i was just so excited to share my work.. Holy...

Forum: Psychology and Money Management

July 11th, 2014, 08:29 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Well I think I've figured it out. I'm sure...

Well I think I've figured it out. I'm sure FatTails will tell me otherwise, but I think I have a system for optimizing R:R based on volatility and max preferred trade risk.

After playing with some...

Forum: Psychology and Money Management

May 9th, 2014, 10:42 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

After testing this I've found that this produces...

After testing this I've found that this produces a biased ratio relative to volatility and volume. To reverse the bias, you can do the following:

Instead of using the difference between the fast...

Forum: Psychology and Money Management

May 5th, 2014, 12:45 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Fast ATR definitely drops below slow ATR, but...

Fast ATR definitely drops below slow ATR, but those are times when I would not consider taking a trade. The idea is that as price becomes more rangebound, risk is reduced. I know this is an obvious...

Forum: Psychology and Money Management

May 5th, 2014, 11:53 AM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

I hadn't thought of it that way, thank you! I'll...

I hadn't thought of it that way, thank you! I'll have to contemplate whether VWAP SDs are the best choice. I may try a SD of the fast ATR, but for now I'm going to test out the VWAP idea.

Forum: Psychology and Money Management

May 4th, 2014, 08:07 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

So let's look at a hypothetical trade setup: ...

So let's look at a hypothetical trade setup:

https://nexusfi.com/attachment.php?attachmentid=145773

In this case the I'm using a 3 minute chart. The fast ATR is 14 period and the slow is 2400...

Forum: Psychology and Money Management

May 4th, 2014, 07:41 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Ok so I'm going to use VWAP standard deviation...

Ok so I'm going to use VWAP standard deviation bands as a way to approximate the ATR multiple. It's pretty simple:

if your entry will be between VWAP and the first standard deviation, then use a...

Forum: Psychology and Money Management

May 4th, 2014, 05:10 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

Yeah I thought of that. Unfortunately the only...

Yeah I thought of that. Unfortunately the only thing I can think of doing is using an ATR multiple to widen the stop. The problem is that you run into the old issue of "which number do I use?". I'll...

Forum: Psychology and Money Management

May 4th, 2014, 04:55 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

My thinking is that once the fast ATR crosses...

My thinking is that once the fast ATR crosses under the slow ATR, you are in a no-trade zone because volatility is no longer any better than the average, and thus your opportunity for profit is less...

Forum: Psychology and Money Management

May 4th, 2014, 04:40 PM

Replies: 19

A method to tie R:R directly to volatility.

Views: 3,915

Posted By spiderbyte87

A method to tie R:R directly to volatility.

Lately I've been trying to refine how my risk/reward. Instead of a using arbitrary numbers or my own intuition, I want to have both risk and reward defined by market conditions. ATR is the obvious...

Showing results 1 to 13 of 13

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