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Date/Time: Tue, 26 Nov 2024 17:27:07 +0000



Post From: automate

[2014-05-18 18:47:13]
User62789 - Posts: 6
I did a tutorial on excel but have never used it. I am just starting to get familiar with the computer. I have been charting by hand for years but never on the computer. I learn fast with a little help.

What I want to do is a simple process. I want to be able to pick a time such as from 6-7am or 10am-12pm find the high and low of the time period or range. I would like to use these to buy or sell a breakout of this range. I would like to place a tight stop and to exit at a set time example on close or 2pm... I would like to be able to have the ability to test different inputs such as play with the entry time and the time where I get the range,the tick amount of the stop, the time of the exit and I would like to even have the option to move my stop to break even after so much of a move or to lock in some profit after a move of n ticks in a direction. I would like to optimize this through back testing.

The studies I have found to be able to draw a line at the high and low is High/Low Extended of a time frame. The only other study I have included on my chart is volume.