KJ Trading Systems Kevin Davey - Ask Me Anything (AMA) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)
Updated: Views / Replies:53,138 / 339
Created: by Big Mike Attachments:12

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
 12  
 
Thread Tools Search this Thread
 

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

  #61 (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, 83,169 received

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

The thread is here:
https://futures.io/elite-circle/32507-webinar-test-success-w-kevin-davey.html

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
The following 3 users say Thank You to Big Mike for this post:
 
  #62 (permalink)
Elite Member
Charlotte, NC/USA
 
Futures Experience: Advanced
Platform: NT, TOS
Broker/Data: Mirus/ZF, AMP/CQG, TOS, MBT
Favorite Futures: Futures, Stocks, Bonds, Forex
 
Posts: 36 since May 2011
Thanks: 56 given, 9 received

Adjusting Strategies to Work in Forex (ticks vs. 1/100th of a penny pips)

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).


Reply With Quote
 
  #63 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,368 since Jul 2012
Thanks: 1,130 given, 4,340 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.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #64 (permalink)
Elite Member
McKinney, TX
 
Futures Experience: Intermediate
Platform: Think or Swim, NinjaTrade
Favorite Futures: The indexes, ES, YM, NQ & RTY
 
Posts: 152 since Aug 2012
Thanks: 213 given, 125 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?

Reply With Quote
 
  #65 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,368 since Jul 2012
Thanks: 1,130 given, 4,340 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...

https://futures.io/elite-automated-trading/7455-battle-bots-ninjatrader-tradesta...ment-205.html#post439154

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread

Last edited by kevinkdog; September 30th, 2014 at 04:12 PM. Reason: added link to Bot post
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #66 (permalink)
Trading Apprentice
rome - italy
 
Futures Experience: Beginner
Platform: Global Zen
Favorite Futures: futures
 
Posts: 12 since Oct 2014
Thanks: 0 given, 0 received

to Kevindog - Future DAX code

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 ?

Reply With Quote
 
  #67 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,368 since Jul 2012
Thanks: 1,130 given, 4,340 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.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #68 (permalink)
Trading Apprentice
rome - italy
 
Futures Experience: Beginner
Platform: Global Zen
Favorite Futures: futures
 
Posts: 12 since Oct 2014
Thanks: 0 given, 0 received

DAX

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.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



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

thank you

Reply With Quote
 
  #69 (permalink)
Elite Member
San Fransisco Ca
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: IB
Favorite Futures: 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).


Last edited by yeshe; December 20th, 2014 at 02:44 AM. Reason: picture did not work
Reply With Quote
 
  #70 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,368 since Jul 2012
Thanks: 1,130 given, 4,340 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!

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Designing an Algo Trading System from A-to-Z, code included (Kevin Davey) Big Mike Elite Automated Trading 82 April 21st, 2017 09:51 AM
Webinar: Developing a Rule Based Trading Algorithm - Kevin Davey Big Mike Elite Automated Trading 68 December 1st, 2013 09:05 PM
Market Profile Trading Academy / MissTrade's Matt Davio - Ask Me Anything (AMA) Big Mike Trading Reviews and Vendors 81 November 27th, 2013 06:04 PM
DeCarley Trading's Carley Garner (Senior Strategist/Broker) - Ask Me Anything (AMA) Big Mike Options on Futures 1 March 6th, 2013 07:00 PM
Your experience with Kevin Lowry-free range trading ? mjwfinc Trading Reviews and Vendors 3 August 16th, 2012 09:12 AM


All times are GMT -4. The time now is 07:16 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 2017-11-21 in 0.09 seconds with 19 queries on phoenix via your IP 54.224.102.26