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Is this strategy a good one?
Started:December 9th, 2013 (02:10 AM) by sangam Views / Replies:3,391 / 47
Last Reply:October 17th, 2016 (09:39 AM) Attachments:2

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Is this strategy a good one?

Old December 10th, 2013, 01:06 AM   #11 (permalink)
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Thanks mike,

I have been following the webinars related to algorithmic trading since 2 years. I am familiar with the basics.

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Old December 10th, 2013, 01:07 AM   #12 (permalink)
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sangam View Post
Thanks mike,

I have been following the webinars related to algorithmic trading since 2 years. I am familiar with the basics.

OK... I was just going based on your post, where you skipped a lot of important factors, all of which are covered in the webinar.

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Old December 10th, 2013, 01:11 AM   #13 (permalink)
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Cloudy View Post
Have you run your strategy on real-time sim for a period of time , say two weeks? Or you could run it for a session each trading day, then tally up the results by the end of the week.

Estimating about $5.2 commission per trade, your strategy's gross profit made up for it well.

Thanks for the tip. I have implemented the commission in the back test. My strategy is still under development, but once I am finished, I shall definitely forward test it for a while before going live.

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Old December 10th, 2013, 01:36 AM   #14 (permalink)
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Why does it have to be "finished" to forward test it?

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Old December 10th, 2013, 02:01 AM   #15 (permalink)
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tgibbs View Post
Why does it have to be "finished" to forward test it?

Well for 2 reasons.

1. I edit the strategy as I continue to develop it further.
2. I would have to wait till January anyway to trade. I exclude contract ending and beginning periods as the market is unreliable as per my strategy.

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Old December 10th, 2013, 03:25 AM   #16 (permalink)
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sangam View Post
2. It uses 3 Indicators and predefined time intervals.

please elaborate on the 3 indicators you're using and what time intervals you're referring to. I don't mean to nitpick, I'm purely just just interested/curious.

Thank you,
Itchymoku

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Old December 10th, 2013, 03:45 AM   #17 (permalink)
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It's quite complex. I have altered the indicators to my liking. But essentially I am using the following 3:

1. Moving Averages (EMA) with ATR factors
2. Variation of RSI
3. HMA

The times I trade are different for each instrument. It really comes down to your preference. I am trading ES from market open to 11:50. Although I am going to incorporate a routine to exit strategy once I've hit my daily target.

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Old December 10th, 2013, 04:07 AM   #18 (permalink)
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sangam View Post
It's quite complex. I have altered the indicators to my liking. But essentially I am using the following 3:

1. Moving Averages (EMA) with ATR factors
2. Variation of RSI
3. HMA

The times I trade are different for each instrument. It really comes down to your preference. I am trading ES from market open to 11:50. Although I am going to incorporate a routine to exit strategy once I've hit my daily target.

thank you for your response, I wish you could add some pictures of your trades marked up with the decisions your system makes but I know this would be difficult or impossible to do.

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Old December 10th, 2013, 04:24 AM   #19 (permalink)
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Ill try and send you pictures of my setup at a later date. I am a student and have exams going on right now. pm me and Ill try and send it when I can.

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Old December 10th, 2013, 04:44 AM   #20 (permalink)
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sangam View Post
Ill try and send you pictures of my setup at a later date. I am a student and have exams going on right now. pm me and Ill try and send it when I can.

yeah man focus on school first and trading later. trading can wait, school can't.

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