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OmniTrader Upgrade Forums Plug-ins for OmniTrader RocketTrade Method		Last Activity 9/18/2024 6:18 AM 31 replies, 10961 viewings

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bjmtigers

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Posts: 25

Joined: 1/6/2004
Location: Tampa,FL

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Subject : RE: RocketTrade Method
Posted : 4/6/2021 3:22 PM
Post #48027 - In reply to #47823

Barry C.,
Is there a way to have the HRS_Diff (14,3,SPY) value as a column in the focus list?

Thanks
Barry

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Barry Cohen

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Joined: 1/19/2004

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Subject : RE: RocketTrade Method
Posted : 4/6/2021 3:46 PM
Post #48028 - In reply to #48027

Yes, just add an indicator column (right-click the Focus List headers where you want it) & select HRS_Difference.

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bjmtigers

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Posts: 25

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Location: Tampa,FL

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Subject : RE: RocketTrade Method
Posted : 4/7/2021 3:16 PM
Post #48029 - In reply to #47823

Barry,
Not sure what was happening with HRS Breakout, but it seems to be working OK now. Another question. For the HRS Trend strategy, the Accumulation Trend filter is optimized "OPT1". Does this optimization change the signals once they are fired or is it completely mechanical?

Thanks,
Barry

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Barry Cohen

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Subject : RE: RocketTrade Method
Posted : 4/7/2021 4:03 PM
Post #48032 - In reply to #48029

Optimization is not enabled in HRS Trend. The Filter you refer to is not enabled for optimization (that would require the Optimize column also enabled on the top left of the Filter block form), so the parameter uses the Default column, which is set to 3. Yes HRS Trend is mechanical.

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gary

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Posts: 16

Joined: 12/13/2003
Location: Houston, TX

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Subject : RE: RocketTrade Method
Posted : 4/7/2021 8:45 PM
Post #48035 - In reply to #48032

"The HRS Trend method is mechanical"

That is interesting. I thought none of the rocketrade methods were mechanical. The demos I recall required manual inspection to decide on a buy or sell. Making them mechanical was stated to be a future goal and one difficult to achieve.

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Barry Cohen

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Subject : RE: RocketTrade Method
Posted : 4/8/2021 10:14 AM
Post #48036 - In reply to #48035

Yes the strategies are all mechanical, as in the strategies have no optimization or change signals in any way. But Ed teaches that discretion is still recommended for the RocketTrade method & not to trade solely on the signals.

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rwjh333

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Posts: 1

Joined: 5/5/2021

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Subject : RE: RocketTrade Method
Posted : 5/8/2021 10:14 AM
Post #48154 - In reply to #47823

Hello, I am new to RocketTrade. I've been using the scanner every day but it seems like no good candidates for the past month. Anyone has success finding a real Rocket lately?

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