Accumulating position size in TS2000i - Traders Hideout | futures io social day trading
futures io futures trading


Accumulating position size in TS2000i
Updated: Views / Replies:1,319 / 4
Created: by SkylineR34 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Accumulating position size in TS2000i

  #1 (permalink)
Just starting out...
Norway
 
Futures Experience: Intermediate
Platform: Tradestation
Favorite Futures: futures, forex
 
Posts: 2 since Jul 2010
Thanks: 1 given, 0 received

Accumulating position size in TS2000i

Hi Guys!

This is my first post here, and it will be interesting to see what it generates;-)

My problem is how to accumulate position size from several models, within one summation model....

Let me explain. I trade several different markets, and have several models in each market. Instead of filling my screen up with many small charts that make it very messy, I am trying to show many models within each chart. I do this by using the "IncludeSignal" function in my "summation model" if you will.

What I am trying to do is to reduce the position size if one model triggers against the others. If one uses simple Buy and sell orders, such a signal will zero out the previous orders if they are in the other direction and insert a position the opposite way. One way around this is of course to use orders like " Buy ("buy RSI") 1 contract from order ("Sell RSI") at next bar on open" to link the order to any given model. The problem then is what to do in the beginning, when one model has triggered and it is time for the next one to trigger. Then there is no reference trade to refer to, and the trade might reverse the trade from the previous model if it is in the other direction... This way I will get a "biazed" position size when all the models have triggered, and the total portfolio will be skewed either long or short.

I am not sure if I am able to explain my problem in a proper way, but any response will be greatly appreciatet!


Last edited by LukeGeniol; October 26th, 2010 at 05:38 PM. Reason: corrected 200i in the title
Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


to the forum

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #4 (permalink)
Elite Member
Elverum, Norway
 
Futures Experience: Intermediate
Platform: Multicharts, Ninja Trader
Broker/Data: Optimus futures / Rithmic
Favorite Futures: NQ
 
Posts: 7 since Dec 2009
Thanks: 5 given, 1 received

Answer
This post has been selected as an answer to the original posters question Answer

Not sure if this is what you are looking for, but I used something called Market System Analyser some years ago when I was using TS 2000i. If I remeber correctly, it was also possible to analyse multiple strategies in the software together so you could see how it performed when you ran multiple strategies at the same time.
It also had some code so you could make TS make the decissions of possision size automaticly.

The website is: Adaptrade Software/Products

Reply With Quote
 
  #5 (permalink)
Just starting out...
Norway
 
Futures Experience: Intermediate
Platform: Tradestation
Favorite Futures: futures, forex
 
Posts: 2 since Jul 2010
Thanks: 1 given, 0 received

Thank you for your input. I believe this is one way to solve the problem. The difference here is that this system uses volatility and your degree of risk aversion in addition to portfolio size to adjust position. This makes sense of course, and is something I use as well, but I also use a weighting of the position according to how many models that has triggered. As long as one has a diviersified group of models, I believe this is reasonable for signal strengt.

As far as I can see, the software does not directy solve this last issue. I may be wrong of course....

Any more thoughts on accumulating position size using multiple models is greatly appreciated.

Reply With Quote

Reply



futures io > > > Accumulating position size in TS2000i

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Contract Rollover: Adopt Real World Position and manage per previous position entry RM99 EasyLanguage Programming 3 May 30th, 2012 07:55 AM
Ask Size, Bid Size, Delta zury Investor/RT 2 May 9th, 2011 09:09 AM
Position sizing codes ptcm EasyLanguage Programming 2 January 2nd, 2011 04:24 PM
putting bid size and ask size on the Market Analyzer trivto57 NinjaTrader Programming 4 June 4th, 2010 08:00 AM
Bid size, Ask size emini_Holy_Grail Traders Hideout 3 April 2nd, 2010 08:25 PM


All times are GMT -4. The time now is 05:58 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.09 seconds with 27 queries on phoenix via your IP 54.167.44.32