Recent content by LazyLightnin

Interesting. I've had that same thought because I do have pairs set up with multiple instances between a single stock. I may consider this approach further.

Hi Walt, When I upgraded to the latest release of PTF my correlation charts had a huge dip in them right at that point. I installed the software and cleaned the database per your post on the subject and my charts look completely different as compared to the screen shots I took at the time a...

Hi Walt, Thanks for sharing your experiences. Impressive start. It's funny, but when I first started I had broad sectors and ran correlation and the pairs worked great. Now that I have switched to industry specific they don't seem to work as well. Also, I didn't use the high...

Agreed. I've noticed the same thing. I've made the best profits on short length trades and I've closed trades early that showed a decent profit without waiting for an exit signal. I have yet to regret doing that as the longer the trade went after I booked the profit, the less the profit...

Jonny, What are you finding are your typical holding times right now? I did 8% total net return in 2 months which I felt was pretty good. For the first 1-1/2 months the trades were very short and showing good profit. Usually only green on one side. Some pairs were held only a day. I...

Hi Mike, I have Amibroker also. I thought about using it for finding pairs as well and noticed there was a recent thread on the user group about pair trading. But I must say that I have never gotten good enough with the program to feel confident and I would need a lot of help programming...

Somebody else on this thread mentioned the stochastic and said that was their observation. I was just repeating it. The people who produce the program and others look for RSI divergence. What I did when I found this thread was start right at the beginning and read through it. When I found...

Hi Chief, Not butting in but when you download the trial version I think they send you a spreadsheet with all the industry groups. Make pairs out of each of the industry groups. Johnny a while back listed exactly how he did it and seems like a good way. Are you having problems getting...

Hi Ivan, I'd be interested in what you find. Looking back through charts RS divergence does seem to work quite well. Too bad it wasn't an automated function to detect it. Hopefully as time goes on they get more buyers of the program it will become more robust. Someone else posted here...

I'm new to this too, so take this with a grain of salt. In theory a larger Std. Dev. should produce better results, but you have to look harder at why the spread has gotten so large. Make sure it isn't news or earnings related and possibly check the volume during this time to see if maybe...

I've also noticed that sometimes looking at in trade pairs and waiting for a first minor reversal back towards the mean is a good time to jump. These sometimes revert to mean within one to three days. Right now I'm also seeing a lot of ratio charts trending and you are playing against the...

Hi Johnny, Have you noticed that sometimes the ratio appears to be clearly away from the average line and yet no signals are generated? Also, have you looked at all at high or low RSI as a condition when a signal is generated? Seems like some good moves come from that but often the...

Thanks Johnny. I have everything over a 90 correlation in the pilot right now. I will start eliminating them as I go to trim the fat.

Hi Johnny, I downloaded pairtradefinder and went through their list of industries and back tested them. There are just too many stocks, even ones that correlate well. Do you have any advice on a cutoff for correlation, like 90%+, 95%+, etc., and any experience with which industries seem...

Hi Johnny, I guess I'm asking how loose or tight you have your groupings. Do you separate stocks into 5-10-20 groups? I mean something like basic materials has a bunch of sectors. Do you lump them all into one group or subdivide them? It seems that general category is too broad, and even...