Patrick,
commenting after a long time i have looked around lot of different things. 4% model seems pretty good when markets are trending and it realy looks good now. my only dislike it will get chopped in 2003-2004 atmosphere. how do we over come that.
1. have you considered to trade within mtr signal. say your signal is long and you look out for some revarsal bar or some other setup do go short after u are long for some time. how are you using macd and rsi along with 4 percent model.
2. look at this blogspot he has some goos system i am thing in those term
http://cobrasmarketview.blogspot.com
3. so if you are long u look for reversal to go further long in stagere manner approach. i am still working on this code.
also any thought on jim berg trading style - Need to also do it in excel. Here is the amibroker code for ATR usage
EntrySignal = C > ( LLV( L, 20 ) + 2 * ATR( 10 ) );
ExitSignal = C < ( HHV( H, 20 ) - (2 * ATR( 10 )) );
Color = IIf( EntrySignal, colorBlue, IIf( ExitSignal, colorOrange, colorGrey50 ));
TrailStop = HHV( C - 2 * ATR(10), 15 );
//TrailStopforShort = LLV( C - 2 * ATR(10), 15 );
ProfitTaker = EMA( H, 13 ) + 2 * ATR(10);
/* plot price chart and stops */
Plot( TrailStop, "TrailStop", colorBrown, styleThick | styleLine );
Plot( ProfitTaker, "ProfitTaker", colorBrown, styleThick | styleLine );
//Plot( C, "Close", colorBrown, styleThick | styleLine );
/* plot color ribbon */
Plot( 1, " ", Color, styleArea | styleOwnScale | styleNoLabel, -0.1, 50 );