Recent content by pauljherrera

Hi Rob, I am building an integration of pysystemtrade and IB (I know, I know, you are building it too... but I didn't have the patience). I am making some tests, and the only data that IB provides free of charge is Forex data. So, I have made some changes to the code in order to use it with...

So, it is impossible to implement the ewmac rule without having carry data? Is there a place where I can learn how to "build" the carry data file? Is there a way to only backtest FX assets that don´t have carry data?

Hi Rob, As the carry data is hard to pre-process exactly as you do it, I am trying to backtest your "staunch trader system" but only using the ewmac rule (with the variations). In order to do that, I am using a custom config file based on your futuresconfig.yaml and the data is being retrieved...

Hello @globalarbtrader. I've been doing some modifications to pysystemtrade in order to live trade. Right now, pysystemtrade is raising an error and I think you should know. I was trying to make a combined forecast using your futures 'pre_baked' system. I created an issue in Github...

If you have a trading robot, there's no problem. Once I tried to do that with manual trading and it took a lot of time! It didn't worth the effort. And of course, you have to trade over-leveraged so there's a lot of chance to blow the account (even with a very good trading strategy). If...

Support and resistance aren't very hard to code. In general, almost anything related to classical technical analysis is relatively easy to code.

Well, that's one of the hard realities of trading. Nothing last forever. That's why all profitable traders, hedge funds, etc, are constantly developing new systems. Nevertheless, there are statistical studies that say that some trading strategies last longer than others. For example, price...

How about this theory? On the high frequency and intraday field, the AI algorithms will consume all the edges. They are just faster and smarter. But for swing trading and long-term trading, there will always be trends, so there will always be opportunities for classical traders. So, nothing to...

This is a great question. If I backtested a strategy and it is profitable, why should I stop trading it? Here's the simpler answer. Because markets change, so eventually ALL profitable strategies will stop being profitable. So, how could I know if my strategy doesn't work anymore? There's a...

I'll try to help you, not with theory but with some graphical examples. Here's the out of sample profits of one of my trading strategies that's about to go live. It spans from 2009 to 2016 and it looks great! But if you isolate some years, months or weeks you can see that it had some very...

Use price for your main theory. Use volume just as a confirmation. As you should know, volume doesn't necessarily follow the trends. For example, in currency markets you can see huge trends in holidays such as December 24th when the volume is really low. That's because the trends are the...

As everything in trading, you have to test it first. There are traders making profits of this "volume size lecture" of the markets. But you need the past data of this volume, and this kind of level III tick-by-tick historical data is hard or expensive to find. Just can't jump to a conclusion...

I think you can be grateful that you are early and not late. That means you have a "good eye" for trades. All you need is some patience, and posting these proves that you are willing to be patient. Nevertheless, being myself an algorithmic trader, I don't quite understand why these problems...

I have to say the same thing as Xela, do it if you backtest it first. Never trade something you didn't test. And if it is "regular news", not spikes, there would be no problem to enter in the market if you tested it first.

Definitely no. The risk of slippage is too high. And "testing" is not going to solve it, because in such conditions is really hard to make a reliable test. There are people that are "news traders", but you need some technology to do it, and the non-institutional trader doesn't have it. You...