Hey TOS, I have been following your channel for a while. I am not a member but I do appreciate your break down for various topics. Is it possible you can break down how you place your option orders? I know it seems basic but I was wondering do you use things such as stop limits, do you place to orders (one for 1st target and the second for the 2nd target), and so on
it looks like basically you waited for it to retest opening print. Also in this example your stop is at the LOD. i dont think you need ORB to take that same trade if you just play opening print unless I'm misunderstanding?
Hi Prabeesh - Agreed; Unfortunately, 30 days is the limit inside of TOS on a 1-min chart. If you'd like to run a longer backtest (ie. 2 yrs) for far more data, you can do so within our ORB platform. Here's a demo in TSLA: ruclips.net/video/EewBmdKDTy4/видео.html
Thanks for your useful sharing and detailed explanation of the the ORB strategy!
Hey TOS, I have been following your channel for a while. I am not a member but I do appreciate your break down for various topics. Is it possible you can break down how you place your option orders? I know it seems basic but I was wondering do you use things such as stop limits, do you place to orders (one for 1st target and the second for the 2nd target), and so on
it looks like basically you waited for it to retest opening print. Also in this example your stop is at the LOD. i dont think you need ORB to take that same trade if you just play opening print unless I'm misunderstanding?
Can you explain your reasoning a little further please? Ive been trying to research this strategy a ton and any help is appreciated!
Thanks for the tester and the video! But, if you increase the stop to full range and your take profit is at 1/2 range, isn't your reward/ risk 1/ 2 ?
Hi Nuevo - The risk to reward is skewed in your favor (1:2) when using the half-range pullback entry.
Ok, thanks, got it!
Still no trials or coupons?
Hi Bob - The only discount we're currently running is the bundle promotion: www.tosindicators.com/volatility-box/pricing
Do you have it for NT8?
Hi Jorge - not yet! But working on a solution for you.
30days is too little a sample size to come up with a strategy
Hi Prabeesh - Agreed; Unfortunately, 30 days is the limit inside of TOS on a 1-min chart. If you'd like to run a longer backtest (ie. 2 yrs) for far more data, you can do so within our ORB platform. Here's a demo in TSLA: ruclips.net/video/EewBmdKDTy4/видео.html
or just take the first 15 min range