Are you one of those traders who mistrust a system or indicator if the last signal closes in profit, predicting a high probability of failure for the next signal? Perhaps Ghost Trader offers a solution. "The code for the Ghost Trader is designed more as a template than a complete trading strategy. Some trading strategies incorporate the success of the last trade signal in the calculation/determination of the next trade signal. We have tested several methodologies that only initiate new positions after a losing trade."
Advising the trader to disengage from actual trading after winning signals, and to simply paper trade till a losing trade is identified. Ghost Trader offers a core trading strategy that is "Based off of an exponential moving average and a RSI indicator." Ghost Trader's code keeps track of all trades, suggesting that it's easier to keep track of trades than historically backdate data. ... download the eBook to read more
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