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Right. Sell short at 1503, buy back at 1536. Pretty spectacular. :)

In other words, you are going to buy when the rally has run its course. :)

You forgot to use the words "guaranteed", "take it to the bank", and "accolades".

Indeed.

There is no such thing as "obvious" in the markets. As syswizard pointed out, the S&P is as likely to go up to 1530 from here as it is to go down to 1490. Now, that may be obvious, but it's useless, too.

JSystemTrader version 6.01 is now available: http://www.myjavaserver.com/~nonlinear/JSystemTrader/JSystemTrader.html A major addition in this release is the support for scaling in and out of positions. As everything else in JST, this works with backtesting, optimization, and actual trading...

Frost, here is what I think might be happening to your bot. You indicated that the bot makes about 3 round trips per day, and that you use market orders. This makes it 6 market orders per day. Your test period for which you posted your equity curve covers 11 months. That means there were...

Frost, here is a little twist around your original strategy that makes the drawdowns lower. Notations: S = strength of the shorter term trend (negative or positive depending on the trend direction) L = strength of the longer term trend (negative or positive depending on the trend...

I'd throw the net gain away as an optimization criteria and make profit factor a primary factor. Then, out of the top strategies, I'd pick the one with the lowest drawdown.

Haven't you said that already like 3 times?

I run my bot with a strategy that was derived from yours (entering and exiting when there is a large diversion between the short term and long term trends). Today, the bot is up $630. Just as yours, it's trading the ER2 contract, but off the 5 minute chart. Below is the performance chart for...

Yeah, but then you'd also have to code around PPI days, CPI days, GDP days, ISM days, Home Sales days, and maybe even Truck Sales days. Regarding the current drawdown of 2K, I'd note that it's larger than the largest one on the equity curve posted earlier as "currentmeth.png", so maybe...

"Automatic money" -- I like the concept.

Has your strategy changed a lot since your last run? Below is the ER2 chart for 6/20, which is the day your bot lost $1200. The dominant trend was down through the day, and since you indicated that the bot is "trend-following", I wonder where your entry/exit points were. Can you circle them on...

What's the significance of the double, triple, and quadruple dots in your post?

Here, I attached another pic with the necklines: More importantly, with the current H&S, you'd have to wait until NAZ falls to about 2540 for a "confirmation" (from the high of about 2630). By definition, you'd be selling low and buying high, which is exactly the opposite of what makes money...

Why not? All of them fit the definition: "In technical analysis, a common chart formation in which a share price reaches a peak and declines, rises above its former peak and again declines and rises again but not to the second peak and then again declines. The first and third peaks are...

Here, I circled a few on your chart:

I can see at least 6 instances of the "head & shoulders" on the chart you posted. And each time, we went higher. So much for the indicator: it's been wrong 6 out of 6 times. :)

I don't follow. You think the spread will widen?