Package: Scale-In Entries
Scaling-In to a position is a good way to control
risk. Scaling-In ensures that an immediate
market reversal doesn't catch you with maximum size
on and throw you for an immediate large loss.
What It Is
4 pre-written strategies (full
source code), implementing up to 6 legs
of scaling-in on either the profit side or the loss side.
This package offers strategies for flexible,
convenient scaling-in on both the profit side
(anti-Martingale) and the loss side (Martingale).
strategies works with both stocks and
futures, on both daily and intraday
charts, with TradeStation® 7 and TradeStation® 8.
What It Looks Like
Here's a picture of the Scale-In Entries
in action, applied to the ES:
Notice the short profit adds ("spa"),
working for you to pile into a winning position.
What You Get
Scale-In Strategies, 2
Demo Desktops (V. 1869), 8
Demo Workspaces (V. 1869)
4 strategies are:
#P_ScaleIn_Pft_01 - Puts on contracts/shares per
specified levels as a position moves profitably.
The number of shares/contracts to put on at each
at each profit target is specified via a
Levels may be expressed in points or MinMoves.
This is very handy for Bonds, or any instruments
that move in fractional increments.
Individual targets are set as an amount beyond a
specified profit target base. Thus, moving the
profit target base conveniently moves the whole
set of targets - simplifying backtesting and
All the combinations of 6 levels (000001 - 111111)
maybe tested via integer inputs (1 - 31) to
Long-side and short-side combinations are chosen
The size of the additions are settable separately
for each level.
A profit target exit and trailing % exits are
LastOrderTime may be specified for intraday
All positions may be closed as of the last bar on
the chart to conclude a backtest.
#P_ScaleIn_DD_01 - As above, but scaling-in is
done as position draws down.
Puts on contracts/shares per specified levels as a
position moves profitably, but allows for
specification (via function calls) of conditions
which must be TRUE for add-on to take place at each
The scheme definitions are very straightforward,
and you will have no difficulty understanding them
and defining additional or alternative schemes as
As above, but scaling-in is done as position draws
course, you get
you up and running.
What It Costs
$200 saves you all the time it would take to do the
research, coding and testing required to create
these 4 strategies yourself.
How You Get It
This package will be emailed
to you after your PayPal payment is processed.
Please be aware of the
before you order.