I developed the concept of intermarket divergence approximately 20 years ago. It has proved to be a powerful concept since then. Reflecting back to 1995, I realized that the development process was interesting. I was developing many futures-based trading systems then. The problem with futures is that most backtests and systems are based on continuous contracts. Futures contracts do not last very long, however. The active period of a futures contract generally occurs close to expiration so its effective trading length may only be a few months. In order to test long-term trading systems for futures trading, traders use a method of stringing these contracts together to make a continuous series. They call this series a “continuous contract”. The tricky […]
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TradeStation Power Tip!
A Simple Method To Access Two Timeframes
This is a powerful technique that can increase the profitability of your trading system. Download this simple free guide on how to use two timeframes within your strategy code.