Comments on: Counter-Trend Trading with Simple Range Exhaustion System

By: Lawrence Chan

Lawrence Chan — Thu, 16 Jun 2011 17:29:22 +0000

The discussion of trading systems, etc. has moved to daytradingbias.com

Please post over there with your questions.

By: Mike

Mike — Mon, 23 May 2011 11:39:21 +0000

Hi Lawrence,

I try to implement this indicator for Meta Trader but i have some problems with it. Could you please contact me by email?

Thank you and best regards,
Mike

By: Chris

Chris — Fri, 02 Jul 2010 06:40:24 +0000

Hi Lawrence,

I can tell that you have allot of years invested into system trading. As you know 90% of systems for sale lose money. Im sure you have developed some great systems, I was looking for a good swing or day trading system, if your interested in selling one I would be happy to negotiate.

Chris

By: simon

simon — Fri, 11 Dec 2009 02:21:19 +0000

Excellant idea….momentum divergence and sentiment divergence could help this strategy……how has it been preforming as of late? Do you feel that it will work on stocks as well?

Best

Simon

By: Kenneth

Kenneth — Wed, 27 Aug 2008 15:38:50 +0000

You can directly download and run trading system code at above download link.

By: DS

DS — Mon, 25 Aug 2008 16:36:42 +0000

I don’t think I understand properly how to apply this strategy. I am a TS user and I was experimenting a bit with writing a code for indicator based on this approach. I run into the following problem:

Since Range is High-Low then range will usually be a small number for example on ER2, that number for today is somewhere near 21 points, (2 day range * 2.2 is 85.80, but that is not even important at this point), what matter is that Rage is 21, but MA(20) is 727.80 for example (at the time of writing this post). So the following condition of range exceeding MA will be never met. Please explain what am I doing wrong here.

Good trading.

By: Lawrence Chan

Lawrence Chan — Fri, 07 Mar 2008 12:54:14 +0000

You are welcome.

By: Rocko

Rocko — Mon, 03 Mar 2008 22:11:32 +0000

Very interesting strategy. Thank you for sharing.

-Rocko