140. How to Develop a Trading System Part 2 - Creating Exit Rules

http://www.informedtrades.com --

In this video, we discuss how to create exit rules fo an automated trading system. This video was created in partnership with trading strategy programmer Shaun Overton of onestepremoved.com.

Category:

Education

Tags:

• shaun
• overton
• onestepremoved
• trading
• system
• strategy
• automated
• exit
• rules

[edmondublianda]

Thanks for broadcasting dude..it's very relevant and content rich. More success to your mission

[InformedTrades]

glad you like it edmondublianda and thanks for watching. Best Regards, Dave

[makeSOLARPANELS]

Nice, thank u!

[OneStepRemoved]

I have already finished the background and content for this series, but I recommend comparing volatility to the price action.  You could use Bollinger Bands, ATR or some sort of cycle filter to limit trades to high-volatility environments.

[OneStepRemoved]

With the moving averages, you can use them to to check for trending conditions. If the fast MA > medium MA > Slow, then a trend probably exists. You can pair that with breakout criteria to reduce the chance of getting whipsawed in flat markets.

[ssproutz]

Just an add to that.. with the currencies it seems there is space for the "they've given up or call it the "structure failure" trade. IE when anticipating a move we wait and wait, trade in and ouyt then BANG the signal is given ..load up.. Do you see a place for this to be discussed because I believe it can fit in with your signals..TIA.

[ssproutz]

Shaun (poor spelling I hope not). I find the Mov Aves easier to interprate.compared to say a RSI or any other oscillator. do you have any simple entries and exits when the Mov Ave is combined with breakout-breakdown or consolidation traditional candle stuctures..ie triangles flat top flet bottoms ect..TIA

[talagor]

I like where this is going so far.

[Fullperson]

ahhh noooo the videos end ahhhhh