Search results

Excellent advice, thank you guys for your help. I'm trying to line up some intraday historical as we speak. The type of market I'm most concerned about is a flat market since the conditions I've been testing under have been extremely volatile. I tested on the Dow 30 today. I actually...

What's the best way to use it? Forecasting tool?

Okay, that's the plan then - I'll test on a few equities over a longer time period and see what happens. I'll keep you updated. user8 - I'm using Investor R/T for backtesting/system building purposes because it's very simple to use without an extensive programming background.

Okay, so it appears I've found an edge (I think)... maybe the experienced guys can help me out here. Backtesting results for my intraday system (no overnight holds) came back good - depending on what group of equities I'm testing and how tight my stops are I'm running from between 45-52% win...

Sorry guys, I think MGJ was the only one who got the jist of what I was saying - I wasn't testing a trading system here, only entries with random exits (my bad for not explaining properly). I will update shortly in another thread where I'm at with backtesting the entire system. -Kris

Can you elaborate on this a bit...? I'm thinking to unwind a position and get out at your stop your gonna have to hit... ie I'm long and the market is tanking I'm not going to put out an offer at my stop... I wouldn't get hit... I'm gonna punch the offer... that makes more sense to me... am...

RT, does the scaling out with targets increase your win rate? What kind of winning percentage are you able to achieve for intraday?

Investor R/T www.linnsoft.com

Excellent post - this is exactly what I'm talking about and that is exactly the book I dragged 55% from. Since I'm relatively new to this could you comment more on better methods of testing and developing strategies?

I've been backtesting intraday strategies, running through various entries with random exits. I've read that 55% is a good number to shoot for for winning percentage on entry, unfortunately I can only get to 50% so far. I can get a higher percentage if I make the entry criteria quite strict...

Just to clarify - are we talking .07 cents round trip or .07 cents each way? I'm assuming round trip, ie .035 slippage to buy and .035 slippage to sell or vice versa... is this correct?

Slippage is a real reality check. I revisited an intraday system I've been working on, and at first glance this sucker looks like I'd be doing over 100% a year based on capital required... but because it's making so many trades, once you factor in slippage I'm looking at a break even...

Thank you, great info - I find your answers very helpful.

Out of curiousity, how many years did it take you guys to formulate the idea, build the system, automate and run it?

Am I right in assuming that most automated systems are punching in and out of positions (removing liquidity)? For those of you who run automated intraday systems that trade a high frequency of trades, what kind of slippage should be factored in (assuming trading high volume equities > 5 mil/day...

Your fees look pretty reasonable from the chart posted. I have one very simple 1 min system that has backtested profitable but would need prop firm type fees and execution (ie $0.25/100 shares for removing liquidity)... and I not sure how a guy gets this kind of deal... Again, great work on...

Tight Face did you backtest extensively before implementing your system?

I'm assuming you backtested your strategy before implementing it?

Well that makes this a short thread lol :O That's awesome, well done. Inspiration to continue. Any others?

That being said... is there a way to scan for MMID's?