emini trading strategy, Need .EFS

[rliceaga1]

I got this on youtube from eminidaytrader. Can somebody create an .efs file? There's an .eld.

1) Create a 3000 tick bar chart of the @ES.D. The system also works on the @ER2.D.

2) Insert a 9 period EMA moving average. Make this line white.

3) Insert a 55 period SMA moving average. Make this line magenta.

4) Insert the Tradestation built-in indicator "TrendLines Automatic". Use the following settings: TrendLines Automatic(4,4,10,"Yes","Red","Blue","Intrabar").

5) Insert the MACD indicator. Use the default settings: 12,26,9.

Here are the trading rules:

1. Red line-this is the resistance line. This line will only be used for buy signals. One close above the red line and you can take a long(buy) entry on the open of the next bar.

2.Blue line-this is the support line. This line will only be used for sell signals. One close below the blue line and you can take a short(sell) entry on the open of the next bar.

3. White line-this line is your intial stop line and trailing stop line. Once you close above the red line or below the blue line then you use the white line as your stop. For ex: if you close one bar outside of the red line would be a buy signal at the open of the next bar. After entry your intial stop and trailing stop would be one close below the white line after entry.

4.Yellow/cyan line-these two lines are at the bottom of the chart. If the yellow line is above the cyan line the market is in an uptrend. If the yellow is below the cyan then the market is in a downtrend. The wider the lines are apart from each other then the stronger the trend in that direction. Also, you will notice a green horizontal line just near these lines. If both lines are above this green line(also called zero line) then the market is in a strong uptrend. If both lines are below the green horizontal line then the market is in a strong downtrend. In uptrends you like to see the yellow above the cyan and both lines above the green(zero line). This indicator validates the breakouts and breakdowns when you enter the market."

In a trend it seems that most moving average systems can catch something...

[rliceaga1]

updated settings and info

Guys
In addition to the configuration previously stated, there is new additional info and settings I learned after watching many of the posted videos.

If you can update and add the following changes to your first version of this .EFS file, that would be great.
thank you.

1. For entry, when one price bar crosses(closed) above or below the 9 EMA-red/blue lines, and the unknown oscillator(or slow stochastic), MACD, and all are in tandem, a directional red(sell) and green(buy) arrow are auto plotted at the price bar this entry bar on upper chart.

2. Slow stochastic has been replaced by an unknown(to me), and unlabeled oscillator in the lower pane. This oscillator confirms the 9 EMA cross from the upper chart. So automatically add slow stochastics(histogram capability), or use this oscillator if somebody recognizes or can figure it out. Watch most recent videos.

3. Once in the trade there is a horizontal bar that auto follows or trails the auto trailing stops that are signified by blue(stay long HH) and red(stay short LL) dots on the price bars. So an auto horizontal bar and trailing stop dots are added to the upper chart. The trading rules state the price closed are in tandem with the white 9 EMA line.

4. Auto trend lines have been added to the MACD and the oscillator(or slow stochastic) in the lower panes.

5. Add an alert(audio/visual capability on/off) when price bar meets entry/exit criteria according to the trading rules stated. That is one(1) closed price bar below or above the white line.

6. For a visual alert, auto add yellow color to the two price bars that are two(2) bars within a 9 EMA cross long or short.


I think I made it more confusing. Sorry.
At this time, there are no other changes in chart settings or trading rules other than this additional info.