Percent asymmetric Indicator and Strategy for Tradestation

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The Percent Asymmetric is user-friendly for all traders from beginners to experts. It works on both automated and manual trading, whether real-time or end-of-day (EOD). It can also be used as indicator only when used in manual trading or for fully automated day or position trading The video below shows Percent asymmetric on speeded up data. Configured thus Long stop is 15% short stop is 12% As markets generally have an upward bias, the size of longs is set to buy 10 and shorts are selling 5, click the screen to pause to understand how it operates.     System introduction Percent asymmetric is highly suitable for beginners as it uses fixed percentage inputs which you control to you own needs Percent asymmetric can produce has high risk to reward ratios as it is a high performance trend following models. Advanced features User inputs can be different for long and short entries EG. Enter long when 2.5% off the lowest low but enter shot when 3% off the highest high. Hence the name asymmetric. Advanced latency protection is built into this product to enable it safely shut down when prices are moving faster than your pc and internet during day trading sessions. Virtually infinite range of percentage settings for microscopic adjustment to fit any market data behaviour. Non-fractal in behavior. This is due to the large array of periods used in the volatility equation. It does not behave in the same was as a moving average when time frame is changed. Standard features Percent settings are completely ignoring the time frame of your chart so you can use any time frame of tick, minute, hourly, daily bars and candles. Etc. Simple to read colour changing plot that provides a simple at a glance position detection depending on colour The default use is as a stop and reverse model Percent asymmetric can be used for position trading ( holding overnight ) or set to close trades at any time you specify if you are intra day trading Trade long and short or long only or short only If you set short size to 0 it will just exit long when the stop is hit. If you want short only just set long size to 0 To use for both, then set long size and short size to the amount you need. View license prices for Percent asymmetric for Tradestation View Percent asymmetric instructions page
The Long and short sizes can also be configured as unequal or asymmetic values. (This is useful in a very strong or very weak market) For example in a strong bull market you might want to buy 100 and short just 20 contracts or shares as the long is more likely to be a winner.
Percent asymmetric on 3 minute chart of Crude oil futures (CL)" The percentage settings are long = 1.8% and short =1.5% which enables a fast changing set up.
The Percent asymmetric below on Nasdaq futures 10 minute chart View Percent asymmetric instructions page
Percent asymmetric settings guidelines   View Percent asymmetric instructions page Read the full article on how to test a trading strategy which shows the correct method to use in backtesting a strategy correctly. IF YOU HAVE ARRIVED AT THIS PAGE AS A BEGINNER THEN HERE ARE SIX TUTORIAL PAGES TO GET YOUR KNOWLEDGE UP TO A BETTER LEVEL How to trade part 1 How to trade part 2 How to trade part 3 How to trade part 4 How to trade part 5 How to trade part 6 Qstick  Educational videos 1929 crash Trading IQ Game tutorial PLAY FOR FREE   Trading IQ Game   AND WIN PRODUCTS
View license prices for Percent asymmetric for Tradestation
Instructions for use

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Precision Trading Systems was founded in 2006 providing high quality indicators and trading systems for a wide range of markets and levels of experience.

Supporting NinjaTrader, Tradestation and MultiCharts.

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