Algorithmic Intraday Swing Trading - futures io
futures io futures trading



Algorithmic Intraday Swing Trading


Discussion in Trading Journals

Updated
    1. trending_up 1,142 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Search this Thread
 

Algorithmic Intraday Swing Trading

(login for full post details)
  #1 (permalink)
Frankfurt am Main, Germany
 
Experience: Intermediate
Platform: Sino
Trading: FGBL, FESX
 
Ludi's Avatar
 
Posts: 2 since Dec 2014
Thanks: 0 given, 0 received

Hi there,

I've been lurking around on this forum for a few weeks. But now it's time to say hello to everyone. I'm a long time software engineer and a intermediate trader, doing some trading in my free time, and I want to move on and want to make a living from trading.

As most of the people out there, in the beginning, I thought "It can't be that hard to write a program, that makes some automated trades to get lots of $$$ without any work." But I was wrong. After losing lots of money by simply doing stupid things (now I know, how stupid and naive I was back then). Well I read a lots of books, lots of internet sites, and now I'm here

During that time, I developed over the last years a software on my own, which helps me to develop, backtest and live trade my strategies (well, I'm a OS X user and there was no usefull software available).



By reading the title, you can see, how and what I want to trade. Currently, I would like to trade (automated) the Bund Future (FGBL) and Euro Stoxx 50 (FESX), intraday, using swing trading (for me, swing trading means, that after every new high follows a new low, as you can see in the screenshot), using maybe 5, 10 or 30 minute bars. And I want to trade as "naked" as possible.

What do think? Is this sane or insane? Currently, I haven't developed a strategy yet or thought about filters to get ride of the bad trades, so I don't know, if this idea is usefull or not, I want to hear some thoughs about this from the users here, if it is a good idea or a dead end.

Follow me on Twitter Started this thread Reply With Quote

Journal Challenge February 2021 results (so far):
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(169 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(116 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(31 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #3 (permalink)
Madrid - Spain
 
Experience: Advanced
Platform: Own (more or less)
Trading: S&P500, FDAX, €/$, CL, etc.
 
Wikmar's Avatar
 
Posts: 136 since May 2014
Thanks: 1,611 given, 106 received


Hi.

Well, if you want thoughts, IMO you're still poorly defined the project.

Start trying systems from usual indicators. Play a bit with them at all levels (parameters, backtesting, etc). Next, look for better ideas from what develop a system; maybe from some indicators/systems shared here in futures.io (formerly BMT)F. Again, play with them (simulated).

And unless you have a strong impression of having found "something", go thinking that must invent something to base and develop your algorithmic technique.

Regards.

Home people force
https://wikmar.wordpress.com/
Reply With Quote
 
(login for full post details)
  #4 (permalink)
Frankfurt am Main, Germany
 
Experience: Intermediate
Platform: Sino
Trading: FGBL, FESX
 
Ludi's Avatar
 
Posts: 2 since Dec 2014
Thanks: 0 given, 0 received

Hi Wikmar,

thanks for the answer. And you're absolutly right, I poorly defined, what I want to achieve. I just want to get some input from others, who may have done the same thing in the past.

Trading in so short time frames (e.g. 5 minutes) produces lots of noise and signals. So, I guess the first question would be, if there are any indicators, which are more robust on such short timeframes.

Follow me on Twitter Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
Madrid - Spain
 
Experience: Advanced
Platform: Own (more or less)
Trading: S&P500, FDAX, €/$, CL, etc.
 
Wikmar's Avatar
 
Posts: 136 since May 2014
Thanks: 1,611 given, 106 received


Ludi View Post
Hi Wikmar,

thanks for the answer. And you're absolutly right, I poorly defined, what I want to achieve. I just want to get some input from others, who may have done the same thing in the past.

Trading in so short time frames (e.g. 5 minutes) produces lots of noise and signals. So, I guess the first question would be, if there are any indicators, which are more robust on such short timeframes.

You are nearly asking for the Holy Grail. We are so much people looking for an approximation.

Probably you know indicators, generally speaking, indicates late (those that indicate something, because many just give noise).

The way of this approximation I said, is a whole World.

Attempting to take you some steps forward, I would recomend you two things:

* Study the world of the averages. See special developments (Kauffman, Hull, etc),... see its drawbacks and... develop your one!.

* Study this thread, take ideas from it even though some things are not comfortable for you (i.e.: the type of bars used or whatever else):


Done, but I strongly recomend the process I said in the other post; try, play, with all the rest of indicators and its combinations (MACD, CCI, etc, etc). And be aware about other very important component; the volume (another whole World).

And don't forget share your findings with friends

Home people force
https://wikmar.wordpress.com/
Reply With Quote


futures io Trading Community Trading Journals > Algorithmic Intraday Swing Trading


Last Updated on February 1, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1500 prizes from Topstep!

February
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only
     



Copyright © 2021 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