Input Explanations

Table of contents “click link to bring up video for explanation“

Inputs STRATEGY  Definition 

1 StrategyNameforAlerts(“Strategy1”), Name of strategy you’re using

1A. Strategy name input for trade station

Performance report for money-management in multi-charts strategy level

Performance report for money-management in trade station strategy level

2 Long or Short  1 = long    -1 = short 

3 Entry Condition enter your script here 

Functions for more complex entry and exit conditions

4 Roulette System The system would look back X days and once it notices three up days in the last 10 day look back. It would either buy or sell short to get the same three up days moving forward

5 RouletteSystem_Lookback Input for the X days for the system to look back 

6 Entry Order Type 1 = Next bar open  2 = Next bar stop   3 = Next bar limit  4 = This bar on close 

7 EntryOrderPrice Price for 2 or 3

8 ExitOrderType( 1 = Next bar open  2 = Next bar stop   3 = Next bar limit  4 = This bar on close 

9 ExitOrderPrice Price for 2 or 3

10 ExitCondition True is set by default or you would enter your script here to exit 

11 Conditions Check on Last Bar  true is default, False will allow us to place a trade for condition tomorrow. Example if you want to enter if tomorrows open is up or down

12 DollarStopLoss Enter the dollar amount of your stop loss

14 Exit Bailout_Ordertype 1 = Next bar open or  4 = This bar on close 

15 Exit Bailout_MinProfit This input would determine the amount of the 1st profitable open or close 

16 MoneyManagement_Method(1),  0 = off or 1 For increasing position size after losses until the trade size is reset after a win. 2 For increasing and decreasing position size until reaching the BasePosSize then resets

16a Performance report on our money management configurations

17 MoneyManagement_Method_2_StopOnProfit money management 2 would stop once there was a profit 

18 PositionSize_Method(2),  1 For increasing a % from the previous calculation. 2 For increasing and decreasing a fixed # from the previous calculation.

19 PositionSize_Method_amount 1 first trade percentage or contracts/shares  depending on the settings under position size method

20 PositionSize_Method_amount  2 2nd trade percentage or contracts/shares  depending on the settings under position size method

21 PositionSize_Method_amount 3 3rd trade percentage or contracts/shares  depending on the settings under position size method

22 PositionSize_Method_amount plus 4 4th + tradepercentage or contracts/shares  depending on the settings under position size method

23 Criteria_#1_Switch(True), True to activate series of losses in your trading system before a trade or false to deactivate

24 Criteria_#1_NLosses(3), Number of losses the system has before you start trading.. Once there is a win the system will reset and wait for losses before trading 

25 Criteria_#1 ResetEachTrade 0 = off or 1 = will reset after each trade for a series off losses

26 Criteria_#2_Switch(True), True to activate look back period false for deactivation

27 Criteria_#2_#TradesLookback(10), Number of days the system will look back

28 Criteria_#2_PercAccurate(30), This percentage determines how many winning trades in the look back period Before the system will trade

29 Criteria_#3_Switch(True),(works with and without mm1) True to activate a drawdown before there is a trade false to deactivate

30 Criteria_#3_EquityDD(3000),(works with and without mm1) This is the amount of the equity drawdown needed before trading is started this is in dollars and will trade until there is an equity high then stop until a drawdown 

31 Criteria_#4_Switch(True),(works with and without mm1) False = off or True is to start trading of % wins of last x days and stop trading after x days then wait for x days % win to start again trading …input #26 is the lookback period 

32 Criteria_#4_PercAccurate_Activate(20),(works with and without mm1) This is the beginning percentage before actual trading starts—this % will activate trading at or less then the %

33 Criteria_#4_PercAccurate_Deactivate(60),(works with and without mm1) This is the ending percentage when no more trading will take place

34 StopCriteria_WinSeries_Stop (works with and without mm1) 0 = off or set the number of winning trades in a row …once reached traded is stopped

35 StopCriteria_Losses_Start (works with and without mm1) 0 = off or set the number of losing trades in a row …once reached traded is started

36 Start Criteria trade series consec losses start 0 = off or set the number set of consecutive losses based on MONEY MANAGEMENT trade series before we take a real time trade 

37 Kwallace slow grind (mm set to 1 and 2 bi-passed ) 0 = off or set the number of consecutive losses before position size incease and decrease..losing trade increases and a winning trade decreases until back to orinal base position

38 Odds_Of_Next_Trade_PercAccurate 0 = off or input a % accuracy of the accuracy you want for the next trade… keeps a running total and recalculates everyday 

39 Odds_Of_Next_Trade_#TradesLookback input the number of days to look back for % accuracy 

40 SlowGrind (mm set to 1 and 2 bi-passed ) Input = # of losses before position size starts ..After each loss position size increases .. after each profit position size decreases until base position. uses inputs 18-21 for position amount size increase 

41 Cluster_EntryCondition_Pattern “” = off or input pattern between quotation marks to turn on

42 Cluster_EntryCondition_Series This is the input for how many times you want the pattern to repeat before a trade

43 Cluster_EntryCondition_Price0 This is the bar entry one bar before the end of the pattern 

44 Cluster_EntryCondition_Price1 The is the price of the bar you are looking for ..open,low,high or close 

45 XPercent_Accurate_Nlosses BEST FOR 40% & 50% ACURATE SYSTEMS (mm set to 1 and 2 bi-passed ) 0 = off or # input determines number of losses before increase in position size..if a win will reset to base position ..if a loss will keep increaseing after #X losses until a win then reset

46 XPercent_Accurate_Method (mm set to 1 and 2 bi-passed ) 1 = increasing % 2 = increasing fixed #

47 XPercent_Accurate_Amount (mm set to 1 and 2 bi-passed ) Position size increase % or fixed #

48 OutofWhack_Normal_Accuracy (mm set to 1 and 2 bi-passed ) 0 = off or input normal % accuracy of system …This method waits for a system that’s deviated from the mean in % accuracy then increases position size until the system reverts back to the normal historical accuracy

49 OutofWhack_Increase_Lookback (mm set to 1 and 2 bi-passed ) number of bars to lookback for calculation

50 OutofWhack_Increase_Accuracy (mm set to 1 and 2 bi-passed ) Out of whack accuracy at which position size will be increased 

51 OutofWhack_Increase_Method (mm set to 1 and 2 bi-passed ) 1 = increasing by a %  2 = for increasing by a fixed #

52 OutofWhack_Increase_Amount (mm set to 1 and 2 bi-passed ) Position increase % or fixed # 

53 PositionSize_Initial Input the number of contracts or shares 

54 PositionSize_Override_Portfolio Input number of contracts or shares that will override the position set in the money mangement portfolio 

57 PositionSize_MaxLoss(0), This is your stop loss amount….Formula …original investment plus profits divided by stop loss ( default is historical max loss)

58 PositionSize_MaxPosSize(101), This is the maximum position size the system will take for formula

58A. Initial capital and interest rate input for trade station

59 EquityPositionSize_Switch(True), True will activate position size –false will deactivate this–when activated position will increase based on original investment plus profits divided by the close

60 EquityPositionSize_Perc(10), This is the percentage size of your portfolio (profits plus original investment ) you would like to use

61 EquityPositionSize_Value close = default This is the value your investment + profits are divided into. A numerical value could be used to represent a fixed value ..used for futures trades 

62 PortfolioRetrace_method(1),  0 For disactivating the retracement  | 1 For Percentage retrace | 2 For Dollar retrace this will increase position size on a retracement once activated

63 PortfolioRetrace_Amount(10),  If the portfolio retrace switch is 1 Then this value is a percentage | If the portfolio retrace switch is 2 this value is a fixed amount

64 PortfolioRetrace_IncreaseType(1),  1 For Percentage | 2 For Fixed Amount this determines what kind of increase you want to take in your portfolio once there is a retracement

65 PortfolioRetrace_Increase(10), after retracement is taken this determines the amount you will increase your position size by— When setting 34 is set to “FALSE” each time you increase your position size

66 PortfolioRetrace_ReturnToPositionSize_Initial after equity high  When set for “TRUE” after a retracement by using the settings 30 -33 the base position will increase until it reached an equity peak then reset to original base position 

67 Logging set to = true will give you results of the money management performance report in the output log MC Power language editor 

67A. Input trades list file path: this is used to analyze the simulated trades versus the real trades. In an Excel spreadsheet format.

  INPUT PORTFOLIO multi-charts   

68 PositionSize_Initial Input the number of contracts or shares for all strategies in the portfolio 

68A money-management performance report in portfolio for multi-charts

70 PositionSize_Perc(10), This is the percentage of account balance used to trade based on formula

71 PositionSize_MaxLoss(0), This is your stop loss amount… formula …original investment plus profits divided by stop loss ( default is historical max loss)

72 PositionSize_MaxPosSize(101), This is the maximum position size the system will take for formula

73 EquityPositionSize_Switch(True), True will activate position size –false will deactivate this–when activated position will increase based on original investment plus profits divided by the close

74 EquityPositionSize_Perc(10), This is the percentage size of your portfolio (profits plus original investment ) you would like to use

75 EquityPositionSize_Value close = default This is the value your investment + profits are divided into. A numerical value could be used to represent a fixed value ..used for futures trades 

76 PortfolioRetrace_method(1),  0 For disactivating the retracement  | 1 For Percentage retrace | 2 For Dollar retrace this will increase position size on a retracement once activated

77 PortfolioRetrace_Amount(10),  If the portfolio retrace switch is 1 Then this value is a percentage | If the portfolio retrace switch is 2 this value is a fixed amount

78 PortfolioRetrace_IncreaseType(1),  1 For Percentage | 2 For Fixed Amount this determines what kind of increase you want to take in your portfolio once there is a retracement

79 PortfolioRetrace_Increase(10), after retracement is taken this determines the amount you will increase your position size by— When setting 34 is set to “FALSE” each time you increase your position size

80 PortfolioRetrace_ReturnToPositionSize_Initial_AfterEquityHigh When set for “TRUE” after a retracement by using the settings 30 -33 the base position will increase until it reached an equity peak then reset to original base position 

81 Ensemble_MinimumEntries( This will only allow trades that have more then one strategy signal at one time ..input a # will determine the number of strategies input allow concurrent trades must be set to false*

82 AllowConcurrentTrades false = only one trade at a time will be taken in the portfolio True = Portfolio will take all signals on all strategies at the same time 

83 AllowConcurrentTrades_Between False = off  True = will allow portfolio to take one trade signal in the middle of trade series when moneymangement 1 or 2 is on 

84 AllowConcurrentTrades_Groups Empty = all strategies are in one group ..”symbol’ = puts every strategy with the same symbol in its own group ..can make your own groups “Equities:spy,qqq,rty;metals:gld,slv;”

85 Portfolio MoneyManagement_Method(1),  0 = off or 1 to turn on all money-management in the portfolio applied to the inputs below

86 MoneyManagement_Method(1),  1 For increasing with losses until the trade size is reset with a win.

87 MoneyManagement_Method(2), 2 For increasing and decreasing position size until reaching the BasePosSize then resets 

88 PositionSize_Method(2),  1 For increasing and decreasing a % from the previous calculation. 2 For increasing and decreasing a fixed # from the previous calculation.

89 PositionSize_Method_amount1(10), first trade percentage or number of contracts or shares depending on the settings under position size method

90 PositionSize_Method_amount1(10), 2nd trade percentage or number of contracts or shares depending on the settings under position size method

91 PositionSize_Method_amount1(10), 3rd trade percentage or number of contracts or shares depending on the settings under position size method

92PositionSize_Method_amount1(10), 4th plus trade percentage or number of contracts or shares depending on the settings under position size method

93 MoneyManagement_Method_2_StopOnProfit money management 2 would stop once there was a profit 

94 Criteria_#1_Switch(True), True to activate series of losses in your trading system before a trade or false to deactivate

95 Criteria_#1_NLosses(3), Number of losses the system has before you start trading.. Once there is a win the system will reset and wait for losses before trading 

96 Criteria_#2_Switch(True), True to activate look back period faults for deactivation

97 Criteria_#2_#TradesLookback(10), Number of days the system will look back

98 Criteria_#2_PercAccurate(30), This percentage determines how many in the look back period Before the system will trade

99 Criteria_#3_Switch(True), True to activate how much of a drawdown before there is a trade false to deactivate

100 Criteria_#3_EquityDD(3000), This is the amount of the equity drawdown needed before trading is started this is in dollars

101 Criteria_#4_Switch(True), True is to activate trading to begin and activate percentage and to stop at a deactivate percentage falls is to diss activate this

102 Criteria_#4_PercAccurate_Activate(20), This is the beginning percentage before actual trading starts—this % will activate trading at or less then the %

103 Criteria_#4_PercAccurate_Deactivate(60), This is the ending percentage when no more trading will take place

104 Kwallaceslow grind Input 0 =off or # of losses before position size starts increasing after each loss until there is a win then resets back to base position

105 SlowGrind Input 0 =off or # of losses before position size starts ..After each loss position size increases .. after each profit position size decreases until base position. uses inputs 55-59 for position amount size increase 

106 XPercent_Accurate_NLosses 0 = off or # input determines number of losses before increase in position size..if a win will reset to base position ..if a loss will keep increaseing after #X losses until a win then reset

107 XPercent_Accurate_Method 1 = increasing % 2 = increasing fixed #

108 XPercent_Accurate_Amount Position size increase % or fixed #

109 OutofWhack_Normal_Accuracy 0 = off or input normal % accuracy of system …This method waits for a system that’s deviated from the mean in % accuracy then increases position size until the system reverts back to the normal historical accuracy

110 OutofWhack_Increase_Lookback number of bars to lookback for calculation

111 OutofWhack_Increase_Accuracy Out of whack accuracy at which position size will be increased 

112 OutofWhack_Increase_Method 1 = increasing by a %  2 = for increasing by a fixed #

113 OutofWhack_Increase_Amount Position increase % or fixed # 

114 Logging set to = true will give you results of the money management performance report in the output log MC Power language editor 

115 Input trades list file path: this is used to analyze the simulated trades versus the real trades. In an Excel spreadsheet format.

Increase your profits on any trading strategy

Script entry and exit orders

Using functions to input more complex easy language strategies

Roulette system

Conditions check on last bar

Dollar stop loss

BAIL OUT exit

Performance measures on money management using the output log

Money management method setting 1

Money management method setting 2

Understanding number of losses input

Criteria 2 “Profitable trades over a look back period”

Criteria 3 trading in a drawdown

Criteria 4 Activation and Deactivation Input

Win series and losing series stop

Trade Series CONSECUTIVE LOSSES Money Management Input

KWallace Slow Grind Input

Odds of Next Trade Input

Slow Grind Input

Cluster Trades Input

LarryWilliams_XPercent_Accurate

OUT OF WHACK Input

Position Size Initial Input

Position Size input

Equity Position Size Input

Portfolio Retrace Input

Logging input turning on and off the money management in the output log

Input portfolio money management multi-charts

Position size initial in portfolio multi-charts

position size method for portfolio in multi-charts

Equity position size switch in portfolio for multi-charts

Portfolio retrace method for portfolio in multi-charts

Input portfolio ensemble method for multi-charts

Concurrent trades input portfolio for multi-charts

Concurrent trades in between in portfolio for multi-charts

Portfolio money-management input for portfolio in multi charts

Money management method one in portfolio for multi charts

Money management method 2 in portfolio for multi-charts

Input criteria one consecutive losses portfolio multi-charts

Input criteria three draw down in portfolio for multi-charts

K Wallace slow grind in portfolio for multi-charts

slow grind in portfolio for multi-charts

Input out of whack in portfolio for multi-charts