jlag algorithm from Jan Arps' Traders' Toolbox (1 Viewer)

sandcreek

Nuovo forumer
posto la mail integralmente dove finalmente si svela cosa e' la jlag, penso che il programmatore sia un pò sorpreso e di sicuro non e' a conoscenza della pubblicità che ernesto le ha fatto,cmq per i curiosi e quelli che vogliono essere informati penso sia una chicca gradita;) ne aprofitto per salutare tutti gli amici nuccio,flords,fren,nipotino nasdaq,voltaire e gli altri che non mi vengono in mente e augurare una ottima giornata a tutti!


Dear Mr. Caboni,

Thank you for your inquiry about the JLAG algorithm from Jan Arps' Traders' Toolbox.

This study consists of a Strategy, JLAG VOL BKOUT ORB, and an Indicator, JLAG ORB H/L. They are designed to run on intraday charts of any length; however, a 1-minute or 5-minute chart compression is recommended.

The algorithm looks for a low-volatility daily bar pattern or a hook day pattern. When it finds such a pattern, it establishes long and short entry points for the next day at a volatility-based increment above and below the open of the next bar.

This set of studies has only one optimizeable input, SENSITIV, which controls the sensitivity of the signal. SENSITIV typically ranges between 1 and 10, with 1 being the most sensitive and 10 the least sensitive.


The JLAG ORB H/L Indicator plots dotted lines on an intraday chart showing the buy and sell entry levels whenever a low-volatility setup has been achieved on the previous day.

Sincerely,

Jan Arps
Traders' Toolbox
 

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