30/34 system

dpg2020 · May 19, 2003

Does anyone have any experience with this system. It's a swing mechanical system for trading the eminis based upon following the 34 day ema and the 30 minute bars. Please help.

maggandre · May 19, 2003

No experience. Here is some info:

http://enthios.com/trading/30_34.htm

vanilla2 · May 19, 2003

I just coded this in EL, and according to the rules listed in the link above, I'm not seeing results anywhere close to those posted in the excel sheet. Maybe I've got some aspect of the strategy incorrect. Can you duplicate those results?

Jordan · May 19, 2003

I just read the enthios link and my interpretation of the method is that it uses a 34 period ema on a 30 minute chart, NOT a 34 day ema. I didn't look at the spreadsheet so maybe it is defined there as a 34 dema. My bad if it is...

PetaDollar · May 19, 2003

Quote from vanilla2:

I just coded this in EL, and according to the rules listed in the link above, I'm not seeing results anywhere close to those posted in the excel sheet. Maybe I've got some aspect of the strategy incorrect. Can you duplicate those results?

Off the cuff i'll say the strategy needs a profit target plus a stops to breakeven point or trailing stop to be profitible. I trade SMAs and have always found this to be a necessary ingredient to those strategies.

vanilla2 · May 20, 2003

Actually, my stops look like they're malfunctioning, maybe it's better than I thought.

MarathonTrading · May 20, 2003

http://www.geocities.com/liberyone/3034/3034.htm

man · May 20, 2003

I think you got that wrong. 30 34 is size of jeans, not a trading system ...

prox · May 20, 2003

I believe it backtested around 33% wins with a 2.5 to 1 ratio ..

33% wins is pretty tough to trade, you really have to believe in the system.