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[USER=45469]@CNHTractor[/USER] raised the name "Jim Berg" a skilled trader that went on to win the non-public Investor Journal trading competition in 2002 using his "Volatility based trading system".

Some get their "Noses out of joint"
When code is used that is attributed to another without public acknowledgement or recognition seems to upset some. My personal view differs because if the code is freely distributed on the internet it belongs to everyone. Sometimes code snippets lose importance when combined with others snippets that we all seem to collect & use over time.

In my case
I have used one line of "Jim Berg" code (the entry condition) - the rest of the code is freely available.

Volatility based trading system
A volatility-based trading system developed by Jim Berg helps identify volatility that we can use for our entry signal. Like most good trading systems it is not complicated but the stock must be in an uptrend. The strategy is designed to trade in the pre-auction & the signals are generated using the "Exploration Analysis"

The system
Jim Berg's system uses volatility, actually, he uses 2 times the Average True Range of the last (10) days for the entry signal. The (ATR) volatility identify where to enter the trades & hopefully make a reasonable amount of profit - well that's the plan at least.

The exit
I've used a vanilla envelope Moving Average exit that has been well tested & suitable for this style of trading.

No Index Filter
Also, I should point out this is a Daily Strategy that has no reliance on a "Buy or Index Filter" as it purely enters a position on volatility.

Upload
"Skate's Version of Jim Bergs Daily Volatility Strategy" is uploaded for educational purposes for ASF Members who have Amibroker & a reliable data source. I've used the new Norgate Updater (NDU) format for the data - you need to change the format (suffix) if it is different from your data supplier. "Pad & Align" in the settings need to be adjusted to format (suffix) of your data supplier as well.

Skate.

<blockquote data-quote="Skate" data-source="post: 1095127" data-attributes="member: 57364">[USER=45469]@CNHTractor[/USER] raised the name &quot;Jim Berg&quot; a skilled trader that went on to win the non-public Investor Journal trading competition in 2002 using his &quot;Volatility based trading system&quot;.Some get their &quot;Noses out of joint&quot; When code is used that is attributed to another without public acknowledgement or recognition seems to upset some. My personal view differs because if the code is freely distributed on the internet it belongs to everyone. Sometimes code snippets lose importance when combined with others snippets that we all seem to collect &amp; use over time.In my case I have used one line of &quot;Jim Berg&quot; code (the entry condition) - the rest of the code is freely available.Volatility based trading systemA volatility-based trading system developed by Jim Berg helps identify volatility that we can use for our entry signal. Like most good trading systems it is not complicated but the stock must be in an uptrend. The strategy is designed to trade in the pre-auction &amp; the signals are generated using the &quot;Exploration Analysis&quot;The systemJim Berg&#039;s system uses volatility, actually, he uses 2 times the Average True Range of the last (10) days for the entry signal. The (ATR) volatility identify where to enter the trades &amp; hopefully make a reasonable amount of profit - well that&#039;s the plan at least.The exit I&#039;ve used a vanilla envelope Moving Average exit that has been well tested &amp; suitable for this style of trading.No Index FilterAlso, I should point out this is a Daily Strategy that has no reliance on a &quot;Buy or Index Filter&quot; as it purely enters a position on volatility.Upload&quot;Skate&#039;s Version of Jim Bergs Daily Volatility Strategy&quot; is uploaded for educational purposes for ASF Members who have Amibroker &amp; a reliable data source. I&#039;ve used the new Norgate Updater (NDU) format for the data&nbsp; - you need to change the format (suffix) if it is different from your data supplier. &quot;Pad &amp; Align&quot; in the settings need to be adjusted to format (suffix) of your data supplier as well.Skate.</blockquote>

[QUOTE="Skate, post: 1095127, member: 57364"] [USER=45469]@CNHTractor[/USER] raised the name "Jim Berg" a skilled trader that went on to win the non-public Investor Journal trading competition in 2002 using his "Volatility based trading system". [B]Some get their "Noses out of joint" [/B] When code is used that is attributed to another without public acknowledgement or recognition seems to upset some. My personal view differs because if the code is freely distributed on the internet it belongs to everyone. Sometimes code snippets lose importance when combined with others snippets that we all seem to collect & use over time. [B]In my case [/B] I have used one line of "Jim Berg" code (the entry condition) - the rest of the code is freely available. [B]Volatility based trading system[/B] A volatility-based trading system developed by Jim Berg helps identify volatility that we can use for our entry signal. Like most good trading systems it is not complicated but the stock must be in an uptrend. The strategy is designed to trade in the pre-auction & the signals are generated using the "Exploration Analysis" [B]The system[/B] Jim Berg's system uses volatility, actually, he uses 2 times the Average True Range of the last (10) days for the entry signal. The (ATR) volatility identify where to enter the trades & hopefully make a reasonable amount of profit - well that's the plan at least. [B]The exit [/B] I've used a vanilla envelope Moving Average exit that has been well tested & suitable for this style of trading. [B]No Index Filter[/B] Also, I should point out this is a Daily Strategy that has no reliance on a "Buy or Index Filter" as it purely enters a position on volatility. [B]Upload[/B] "Skate's Version of Jim Bergs Daily Volatility Strategy" is uploaded for educational purposes for ASF Members who have Amibroker & a reliable data source. I've used the new Norgate Updater (NDU) format for the data - you need to change the format (suffix) if it is different from your data supplier. "Pad & Align" in the settings need to be adjusted to format (suffix) of your data supplier as well. Skate. [/QUOTE]

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