I've been a long time member with little time to post as often as i like, but i am forever grateful for the content and wonderful group of like minded members here on Futures.io.
After nearly a decade of trading equities and futures, part time and full time, I've decided to try and automate my futures trading. This is mainly due to family commitments, but I've always had a keen interest in mechanical trading systems, easy language, AFL, and all things systematic trading. I'm also an auction market theorist, fully converted.
I've had a couple of goes at hiring a coder to develop a signal based on an order flow observation/hypothesis. Initially though my attempts were always thwarted by instability in my previous platform. I've since switched to Sierra chart, found a great coder and I've not looked back.
Having spent allot of time and $$$ trying to develop an intra-day system, i'm aware of the pitfalls such as transaction costs, noise, etc.
I had some goals in mind for the system, some are very rigid and some are a little soft:
-An average trade over 55 USD
-A win rate near 50% +-5
-A profit Factor over 1.5
-Average number of trades per day