KJ Trading Systems Kevin Davey - Ask Me Anything (AMA) - futures io
futures io futures trading



KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)


Discussion in Trading Reviews and Vendors

Updated by justmg
      Top Posters
    1. looks_one kevinkdog with 180 posts (404 thanks)
    2. looks_two SMCJB with 23 posts (39 thanks)
    3. looks_3 Mabi with 17 posts (10 thanks)
    4. looks_4 bluefightingcat with 16 posts (9 thanks)
      Best Posters
    1. looks_one grausch with 2.8 thanks per post
    2. looks_two kevinkdog with 2.2 thanks per post
    3. looks_3 SMCJB with 1.7 thanks per post
    4. looks_4 Big Mike with 1.4 thanks per post
    1. trending_up 93,818 views
    2. thumb_up 632 thanks given
    3. group 111 followers
    1. forum 433 replies
    2. attach_file 15 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 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)

Closed Thread
 
Search this Thread
 

KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)

(login for full post details)
  #61 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 48,896 since Jun 2009
Thanks: 31,580 given, 94,512 received

@kevinkdog is presenting a webinar on futures.io (formerly BMT) "Test For Success" on Wednesday @ 4:30 PM Eastern.

The thread is here:


Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal
The following 3 users say Thank You to Big Mike for this post:

Can you help answer these questions
from other members on futures io?
TOS script help - crossover with alerts - help please?
Traders Hideout
Scan by comparing SMAs within 5 mins
ThinkOrSwim
How to place an order where the stop loss price changes when a price is touched
TradeStation
Two Data Series in Ninjatrader 7 for Order confirmation
NinjaTrader
TOS script
ThinkOrSwim
 
 
(login for full post details)
  #62 (permalink)
Charlotte, NC/USA
 
Experience: Advanced
Platform: NT, TOS
Broker: Mirus/ZF, AMP/CQG, TOS, MBT
Trading: Futures, Stocks, Bonds, Forex
 
Posts: 36 since May 2011
Thanks: 56 given, 9 received

Hi @kevinkdog

I was wondering if you could chime in on this?

I was seeking those who have good experience with this to chime in when able. If one has a successful automated strategy for the futures market (such as CL, ES, 6E, etc), what are some of the parameter/settings adjustments to the strategy one would consider when applying to the FOREX market?

If they strategy runs OK on FOREX market but not nearly as good as with the futures market what are some best practices or considerations to be made to convert the strategy to do equally well or better in the FOREX market. Of course, I have been working on several parameters to make the adjustment as well...what are you thoughts?

The futures market ticks in 10 whole cent increments or quarter cent increments or similar. The FOREX market ticks in pips which are a HUGE difference than 10 full cent moves or quarter cent moves. The pip is 1/100th of just 1 cent (penny). So, I would image part of the adjustment would have to take this into consideration (among perhaps some other variables/settings). I think this is a big one. Of course the FOREX is volatile but very liquid.

There are fundamental differences where strategies should work as good, the same, or better (but some knowledgeable adjustments need to be made in order for them to be effective in FOREX in my opinion).


 
(login for full post details)
  #63 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,773 since Jul 2012
Thanks: 1,424 given, 5,339 received



birdoggg View Post
I was seeking those who have good experience with this to chime in when able. If one has a successful automated strategy for the futures market (such as CL, ES, 6E, etc), what are some of the parameter/settings adjustments to the strategy one would consider when applying to the FOREX market?

Thanks for the question. The answer depends on the strategy itself. If you used parameters such as average true range to help get you stops and targets, you might not need to rewrite code, but rather just change the parameter values for different markets.

My experience is that a strategy that works good in CL or ES doesn;t necessarily work well with Forex. They might though. Even a Euro futures strategy might not work well in a EURUSD forex strategy.



birdoggg View Post

If they strategy runs OK on FOREX market but not nearly as good as with the futures market what are some best practices or considerations to be made to convert the strategy to do equally well or better in the FOREX market. Of course, I have been working on several parameters to make the adjustment as well...what are you thoughts?

It depends on the strategy, and what is specifically in it. I would first look at profits and stops, and how they are called out in the strategy. I'd probably adjust them first.

Follow me on Twitter
The following user says Thank You to kevinkdog for this post:
 
(login for full post details)
  #64 (permalink)
McKinney, TX
 
Experience: Intermediate
Platform: Think or Swim, NinjaTrade
Trading: The indexes, ES, YM, NQ & RTY
 
Posts: 165 since Aug 2012
Thanks: 215 given, 151 received

@kevinkdog I saw your comments in BOT about the Volume Spike strategy. So I downloaded it, and started converting it into Ninja. I'm not familiar with Tradestation, so I wanted to check my understanding of the TS code.

Here are the assumptions I'm making based on what I see.
1. as far as when you can enter trades, you can enter at any time of the day
2. VP_High and VP_Low are not used
3. the trades only closes on the time exit
4. based on rule 3, you would only have 1 trade max per day. After the time exit, a new trade could be place which won't close until the next time exit

Does this sound correct?

 
(login for full post details)
  #65 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,773 since Jul 2012
Thanks: 1,424 given, 5,339 received


dynoweb View Post
@kevinkdog I saw your comments in BOT about the Volume Spike strategy. So I downloaded it, and started converting it into Ninja. I'm not familiar with Tradestation, so I wanted to check my understanding of the TS code.

Here are the assumptions I'm making based on what I see.
1. as far as when you can enter trades, you can enter at any time of the day
2. VP_High and VP_Low are not used
3. the trades only closes on the time exit
4. based on rule 3, you would only have 1 trade max per day. After the time exit, a new trade could be place which won't close until the next time exit

Does this sound correct?

I'm going to move this to Bot thread...


Follow me on Twitter
The following user says Thank You to kevinkdog for this post:
 
(login for full post details)
  #66 (permalink)
rome - italy
 
 
Posts: 12 since Oct 2014
Thanks: 0 given, 0 received

Hi Kevin,

I've received your code

if close crosses above average(close,10) buy next bar at XXXX limit;
if close crosses below average(close,10) sellshort next bar at XXXX limit;

where XXXX is your limit price you want to enter at


It's enough to work ?

I've to ask you also how can I connect my code to my Platform, I use Global Zen; is it necessary another program to interface it or ?

 
(login for full post details)
  #67 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,773 since Jul 2012
Thanks: 1,424 given, 5,339 received


Giox View Post
Hi Kevin,

I've received your code

if close crosses above average(close,10) buy next bar at XXXX limit;
if close crosses below average(close,10) sellshort next bar at XXXX limit;

where XXXX is your limit price you want to enter at


It's enough to work ?

I've to ask you also how can I connect my code to my Platform, I use Global Zen; is it necessary another program to interface it or ?


Sorry, I have no idea about how to connect to your platform. Also, I don't know if the code will do what you want it to, but it is the best I could do from your requirements (limit order entered after moving average cross). It should give you the basics though, so you can modify it to do exactly what you want.

Follow me on Twitter
 
(login for full post details)
  #68 (permalink)
rome - italy
 
 
Posts: 12 since Oct 2014
Thanks: 0 given, 0 received

My idea is to go long or short when moving average change color or direction or when the two averages line crosses, setting stop loss some tick away from entry in the market, and try all on my Platform.




you can see my image to understand what I nedd to codify.

thank you

 
(login for full post details)
  #69 (permalink)
San Fransisco Ca
 
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Trading: forex
 
Posts: 17 since Jan 2014
Thanks: 5 given, 1 received

Hello Kevin,

I am a big fan of your book and studying it in detail.

I programmed the euronight strategy in NT and trade it in the simulator

What happened with the euroday and night strategy?
I noticed you did not update for november and december?

Results are still not going as expected even now the volatility is slowly catching up (euro night strategy):

http://screencast.com/t/PmxTXLkzIRj9


Did you toss the strategy?
Did the wfo have to many optimization?

Eagerly trying to learn from your experiences, (even when a strategy does not go as expected, actually even better, because learning is always better when things don't go as expected).

Thank you so much for sharing all your knowledge

Deeply appreciate it

yeshe

Ps can't find a working link to your recent webinar (17 december).

 
(login for full post details)
  #70 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,773 since Jul 2012
Thanks: 1,424 given, 5,339 received



yeshe View Post
Hello Kevin,

I am a big fan of your book and studying it in detail.

I programmed the euronight strategy in NT and trade it in the simulator

What happened with the euroday and night strategy?
I noticed you did not update for november and december?

Results are still not going as expected even now the volatility is slowly catching up (euro night strategy):

2014-12-19_2155 - yeshe2's library


Did you toss the strategy?
Did the wfo have to many optimization?

Eagerly trying to learn from your experiences, (even when a strategy does not go as expected, actually even better, because learning is always better when things don't go as expected).

Thank you so much for sharing all your knowledge

Deeply appreciate it

yeshe

Ps can't find a working link to your recent webinar (17 december).


Thanks for the kind words. I did stop live trading the strategy, although I am still tracking it.

I will post an end of year update after Dec 31. I missed Nov review.

Last time I looked, the strategy was still barely trading, even with increased volatility, which I think is the major reason it started underperforming. I don't believe it was an optimization issue, but I can't discount that entirely.



Big Mike postponed all December webinars. We hope to do it in January sometime.

THANKS!

Follow me on Twitter

Closed Thread

futures io Trading Community Trading Reviews and Vendors > KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)


July 5, 2019


Upcoming Webinars and Events
 

Every journal equals ten meals for the hungry

Now
     



Copyright © 2020 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