Tra i sistemi di trading di pubblico dominio – ovvero ai quali non fa riferimento alcun autore definendoli come propri – ce n’è uno molto semplice ed efficace applicabile da chiunque senza particolariSi tratta di un sistema che analizza le ultime 50 barre e, annotando il valore delle chiusure rispettivamente più alta e più bassa registrate nel periodo crea un canale di contenimento dei prezzi. Tale canale si presenta come segue: È evidente che nelle fasi di trend rialzista i prezzi tenderanno ad aggiornare il livello superiore mentre la linea inferiore si aggiornerà con minore frequenza, seguendo i prezzi da una distanza direttamente proporzionale all’impulso rialzista dei prezzi. L’utilizzo di un canale di trading per l’apertura di posizioni speculative risale agli inizi dell’attività di trading sistematico con l’introduzioneLo sfruttamento operativo del canale (originariamente di quattro settimane) prevedeva l’ingresso in acquisto

allo sfondamento del livello superiore e l’ingresso short in caso di sfondamento del livello inferiore. L’operatività appena descritta è l’essenza stessa dei sistemi trend following poiché fa acquistare sulla forza e vendere sulla debolezza, con l’aspettativa che il trend che ha portato a segnare nuovi massimi (o nuovi minimi) duri abbastanza a lungo da consentire di estrarre un significativo profitto dal mercato. Tuttavia i test dimostrano che un’applicazione così meccanica delle regole di ingresso e uscita non è in grado di dare risultati stabili. Proprio per tale ragione sono state progressivamente introdotte varianti che, pur partendo dal concetto di canale, offrono una maggiore stabilità operativa. Tra questi c’è appunto il sistema dei massimi e dei minimi delle ultime 50 barre. L’innovazione del sistema proposto risiede nella creazione di una linea intermedia risultante dalla media dei due livelli di delimitazione del canale, ottenuta sommando il livello della chiusura più alta registrata negli ultimi 50 giorni, quella più bassa registrata nel medesimo periodo e dividendone per due il risultato.

La linea mediana diviene quindi il nostro trigger, il livellochandeliers bunnings dinamico superato il quale si entra in acquisto (o in vendita in caso dichandeliers to hire johannesburg Al grafico, a questo punto, viene aggiunta la linea mediana (in blu).arctic pear chandelier sale Sarà proprio questa violazione a dare luogo all’apertura della posizione rialzista, come indicato nella figura che segue: Automatizzando il segnale con una semplice formula Metastock e utilizzando un Chandelier stop (linea rossa) diviene possibile creare un solido sistema semi-automatico in grado di farci catturare quanta più parte del trend possibile. Di seguito viene riportata la formula utile per tracciare il canale a 50

giorni e la relativa mediana. Una nota operativa: nel listato, le istruzioni “High50 e Low50” sono state poste tra parentesi graffe {…} con l’obiettivo di sospenderne la visualizzazione. istruzione MetaStock, infatti, se inserita all’interno delle parentesiOvviamente, se si desidera visualizzare anche il canale minimo/massimo sarà sufficiente togliere le parentesi graffe. The Jim Berg Entry and Exit System Incredible Charts: Donchian Channels Slow Stochastics: How to Trade with S...You're in a winning trade, and now you need to figure out how you will exit the trade profitably. How you will exit a trade should be planned before you enter. Below we outline a number of different ways to exit a profitable trade; no matter which you choose to use, the goal is to strike a balance between letting profits run and not getting so greedy that you fail to realize the market is reversing on you. Traders are told to “let their profits run,” but unfortunately that’s pretty vague advice. 

Let a profit run long enough and it will eventually turn back into a loss. Traders need a plan that allows them to let their profits run beyond what they typically lose on a losing trade, but also realize that the market will not move in their direction forever. If you plan your profitable exits and find that over time they are bigger than your average loss, winning only 50% of your trades (or even less) can still make you a highly successful trader. Here are several methods to help you do it. The trailing stop is probably the most well know profit extraction technique. In simplest terms, as the price moves in your favor, an exit order moves along with it, trailing the price by some set amount. For example, suppose you buy a stock and place a $0.50 trailing stop. As the price moves up the trailing stop moves up with it, always staying $0.50 below the most recent high. It only moves higher though, never back down. This is appealing because it allows the market to run in your favor indefinitely, but gets you out when the stock moves $0.50 against you (from the highest point).

A trailing stop works the same way for a short position, except it will always trail the lowest price. A trailing stop can be implemented in many ways. In an uptrend, a stop may be moved up to below recent lows. Thus, if the price creates a lower swing low you exit your trade. But if the price keeps making higher lows, then you keep moving the trailing stop up to lock in more and more profit. See Also: 25 Stocks Day Traders Love Certain indicators have a trailing stop built right in. For example, apply the Parabolic SAR for an idea on where to place your trailing stop. With each new price bar the indicator value will change, locking in a bit more profit. Other indicators that can be used for this function are Volatility Stops, Chandelier Exit, and even Bollinger Bands and Keltner Channels. The trailing stop works best in strong trends, but if the trend is choppy it will often result in poorly timed exits. In Figure 1 and 2, the price did continue higher after the trade was closed, but it is impossible to squeeze every penny out of a trade.

A trailing stop allows the market to run, but gets you out when there is a potential reversal underway. Establishing a price target is a great way to establish your potential reward relative to risk. If you are risking $300 on a trade, but will make $900 if the price hits your target, your reward outweighs your risk 3:1. Also, if you set a stop loss and a price target, you can “walk away,” knowing that eventually one of the orders (stop or target) will get filled. This is advantageous to all traders, but especially those who lack time to constantly monitor their trades. Price targets can be established for any trade using Fibonacci Extensions or support/resistance levels (discussed below). Commonly, price targets are used for trading chart patterns, with the target based on the size of the pattern.Price targets can be established for any trade using Fibonacci Extensions or support/resistance levels (discussed below). Commonly, price targets are used for trading chart patterns, with the target based on the size of the pattern.

See Also: 50 Blogs Every Serious Trader Should Read The rule of thumb with any chart pattern is that you can add (for an upside breakout) the height of the pattern to breakout price to establish an approximate price targets. If the breakout is to the downside, subtract the height of the pattern from the breakout price. If the price has been struggling to get higher than a certain point (resistance) you may opt to place a price target just below the resistance region. If you have a short position, you may opt to place a price target just above support. In Figure 4, Citigroup © was moving in an uptrend, but then failed to significantly move higher, and began to range. Once the price showed a tendency to stall at the support and resistance areas, profit targets could have been placed near the resistance zone for long trades, and near the support zone for short trades. The downside of using a fixed price target is that there is no leeway. The price could come just shy of the target, and reverse.

To avoid this you may wish to monitor the price as it approaches your target; if it almost reaches the target and then starts to move against you, exit the trade. If you’re in a profitable trade and the reason you were in the trade disappears, you have probable cause to get out. Assume a stock is trending higher—making higher swing highs and higher swing lows—and so you enter a long position. If the price makes a lower swing high and lower swing low the trend could be over, so you would exit the trade. If you use indicators, you may get into a trade because the indicator gave you positive signals. When the indicator “flips” and no longer confirms your trade, you can book your profit and look for other opportunities. Figure 5 shows a scenario during a downtrend. Assume you are short because the trend is down, and/or an indicator is bearish. The chart shows two potential profitable exits, although there are many others that could be used. When the downward trendline breaks you can exit the trade.

When the moves into positive territory (above zero) you could exit the trade, assuming you were short because the was bearish prior. When the price makes a significant (slightly) higher low, and then begins to makes smaller higher highs and higher lows you could exit because there is evidence to suggest the trend is no longer down. The downside to this method is that it requires some analysis, and can be very subjective. Just because an indicator “flips” or a trend is broken doesn’t necessarily mean it is the best time to exit a trade. It just tells you the reason you were in the trade is now gone. There is no best way to exit a profitable trade. For some trades, one method will work well, but will fair worse on other trades. The key is to decide on a method and stick to it, potentially using some of these methods in conjunction with one another. By coming up with a game plan you will be able to see what works and what doesn’t, so you can make slight adjustments if needed.