Complete Overview of Strategies in TS
Fully supports Auto-Trading? Yes indeed. Build your own strategies in TS and use them to analyze your trading setups. Advanced performance reports give you a full suite of tools from which to optimize your trading setup. Did I mention optimization? Yes, TS provides unique tools used to set the min/max of any parameter, automatically optimizing your setup to the most profitable settings. In TS Strategy Guide, we review all the elements of strategies in TS. Stay tuned for more. Future videos will cover this topic in greater detail.
Theoretical Orders
Just write a few lines of code and TS will plot your theoretical buys and sells right on the chart. Learn how to customize the settings impacting how theoretical orders are entered on the chart. It even provides a “look-inside-bar” option to drill down into a lower time frame to increase precision of theoretical orders.
Performance Reports
Included reports are performance summary, trade analysis, trade list, performance graphs and more. While report window is open, update the details by simply changing the ticker symbol or time frame. You can easily export all the report details to Excel for further analysis.
Custom Strategy Included
With this video, we are providing a custom strategy originally published with the Thinkorswim Strategy Guide video. In this video you will see how the strategy plots signals on the chart., I review the source code, for those wishing to write there own strategies. The strategy code we provide is for education purposes only and is NOT intended to be traded on a live account. Use at your own risk.
How do I get it?
On GitHub: https://github.com/ht-tradestation/strat-guide
Git-what? Don’t worry, just watch the video installation instructions and everything will fall right into place.
How to install:
Follow the instructions on GitHub (explained in detail in the video)
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
Hi Pete, So I started with your Thinkorswim video and after spending 2 days, just came across to end of a video where you said for fully automated trading, I should consider TS and not Thinkorswim. So I started thinkerswim but seems like you have lot more tutorial and strategies for thinkorswim compare to TS. Would you please let me know which video I should watch to find out how I can fully automate trading based on a strategy in TS ? Or do you have any video which is similar strategy you shared in this vodeo ( https://www.youtube.com/watch?v=XZRpOMAbTOg&ab_channel=Hahn-Tech%2CLLC ) but for TS ?
TradeStation provides exceptional training material on this topic. Which is why I haven’t bothered to publish much of my own material. Here are the resources I provide to clients who hire me to build them a custom automated trading system on TradeStation. Everything is covered in these two video resources, provided directly by TradeStation themselves:
TradeStation Chart Analysis and Strategy Trading:
https://www.tradestation.com/learn/using-tradestation/tradestation-desktop/courses/chart-analysis-and-strategy-trading/
TradeStation Master Classes:
Open this webpage… https://www.tradestation.com/learn/master-class/ –> then…
Scroll down to: “Strategy Elements” section
View the video named “Adopt a Real-World Position”
Sorry newbie here. I am using TradeStation 10 and was wondering is there an indicator to show the entry, profit targets and stops to show as dots on a chart? Do I have to use the ATR strategy indicators and customise the inputs?
I don’t have anything like this TradeStation and I am not aware of any such thing is available. I built one for Thinkorswim but it only works with chart strategies. Can’t do the same thing on TradeStation because on the platform chart strategies are not permitted to plot anything on the chart except for the theoretical buys and sells.