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Money Management Indicator - Tradestation

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Item number:260491354976
Item location:New York, New York, United States
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Last updated on 08:42:35 AM PDT, Oct 26, 2009 View all revisions
Item specifics
Condition: NewPlatform: Tradestation
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We Do Not Offer Just Products, We Offer Working Solutions.                               

 


 

Have you ever thought, of how much you want to risk in a single trade? Probably Yes...

But, have you ever thought, how much you have to gain in a single trade, in order to be profitable in a long run?

Or even better; would you like to know, how much you have to gain or how much you can lose,
to reach a profit factor of 1.7, when 60% of your trades are unprofitable? Probably No...

 



Now you can do that...

 


The indicator allows you to decide how much you want to risk - let say 1.5 point every trade.
Then, you specify, more less, how many trades that you make are unprofitable.

The next aspect is your expectation - what profit factor you are trying to reach.
And the last thing that you have to specify, is the commission.

Then, the program will give you directly on the chart, how much you need in order to be "flat" - break even.
Will show you on the chart, what are the required targets, and the targets that will give you the desired profit factor.

It will even give you a suggestion, if the stop loss is risky enough, to take the trade or not.

You can see directly on the chart, where is the point that you should close the position before you take the trade.
This way you see from the beginning, how big is the probability of price movement to the specific point, based on the previous price behaviour, and if the profit target is not too far from the current price.


In general, the indicator gives an idea of how to manage the trade, what we can risk, and what we have to make in order to be profitable in a long run. it gives you the idea where you are in terms of profit vs loss, and what you can expect from the trade, as well as if the trade or your expectations are not exaggerated.



Works on Forex, Stocks and Futures.


Good Trading!

Linetrol Development

www.linetrol.com

 

 

 

 

 

 



 

 

 

 

 

 

 

 







 

Before we send the indicator we will require your TS Customer Number, which can be found under: Help \ About Tradestation. You need to have at least Tradestation 8.4.

 



What our Customers say about us ...

"I'm getting good results using your V-X indicators."
"Great service -- Indicator looks to work well."
"A very powerful additional indicator given its different basis."
"Terrific service! Very satisfied with product!"
"I've been working with your indicators/oscillator and have found them very helpful"
"Your V-X system is very good."
"Wow!! Tremendously impressive!! Congratulations on creating this--how brilliant!."
"This is really great piece of work." "I want to say that your indicators work well!"
"ALL your tools/methods are working extremely well! Your V-X System and Volume Oscillator are the very core of my trading."
"Thank you so much for your help and patience."
"Very Unique Indicator. Easy, Fast, Great Transaction!"
"Very fast response good support"
"Useful indicator. Fast shipping and easy to install."
..

 

 

 

 

 

 

               



Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation Open Platform.

Important Disclosure:

SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. Past performance is not a guarantee of future results. Everyone trade the system, on his/her own responsibility. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. Also the hypothetical results shown on this page may be a little bit different on your computer if your Historical Data is slightly different.

"Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation Open Platform."

If you do not agree to these Terms and Conditions, do not make a purchase. By making a purchase you agree to abide by any modifications to these Terms and Conditions, and you agree to be bound by any such modifications to the Terms and Conditions. Although we believe this information to be accurate, neither seller, nor its affiliates guarantee the accuracy nor assume any liability. As is true with all information obtained from any given source, you are solely responsible for how you choose to use any trading Strategy. I am NOT making any recommendations to buy and/or sell any futures or stocks or forex issue. By purchasing a trading strategy or Indicator, or other analysis technique you agree NOT to hold seller and/or affiliates liable for any monetary loss, and/or emotional damage.
If you do not agree to these Terms and Conditions, do not make a purchase.

 


 
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Item location: New York, New York, United States
Shipping to: Worldwide
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