I am new to OPG orders and have read every post on this thread. I am using a 'new' version of some available software that is rather complex and seems like it is somewhat in a Bata testing phase, but that's OK as my trades at this point are small for information.
Offer: I am a stickler for statistics. If you all will give me a list of what information would best be collected to be able to review a larger (with time) data sample I will write a MS Access table, being superior to Excel, to collect this information and give anybody that wants a copy, gratis. Perhaps every quarter we can pool this info into one table and then process it to optimize this strategy even further.
I have heard some very reliable people say this strategy is on its way out due to volatility/market/exchange changes but know another gentleman that makes a very nice living from this strategy alone.
I'm a struggling pairs trader that was taught this strategy from a course I am currently enrolled in. I'm hoping to get some bread and butter out of this until my slow bleed in pairs is over. Even then, in the long run, I intend to use this strategy as a compoundable facet in the context of pairs trading. I believe if properly utilized in a pairs context it will easily add another probability set and at the very least offer additional choices.
Thanks to all that have posted in this thread!!
Best regards,
Gaddock