Example Trading System

Quote from tradersaavy:

A backtest using YM with the rules for the system as they are but for different years.

Would like to see unfiltered and filtered 1999, 2000, 2001 results, etc.
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The YM contract ($5/point) started trading on April 5, 2002. For older data you could try the larger ($10/point) contract (Ticker symbol DJ). However, during RTH, the latter is a pit traded contract.
 
The example day trading system made a profit of $1,882.50 over the 5 contracts, before commissions last week. Good gains on Monday ($1,662.50) and Wednesday ($1,957.50) seeing us through.

EMD (made $800) and ER2 (made $750) were the best performing contracts over the week, whereas YM managed to lose $130.
 
Quote from ForrestGump:

The YM contract ($5/point) started trading on April 5, 2002. For older data you could try the larger ($10/point) contract (Ticker symbol DJ). However, during RTH, the latter is a pit traded contract.
More...

Or you can backtest it using DIA ( The ETF on dow Jones 30).It started trading in 1998..
 
It's a inspiring system indeed, but I have a question here.

Suppose the Opening range is 100-110, the long position is entered above 110, then if the price drops below 100, will you just close the original long position,or will you also reverse to establish a short position.
 
Joesan, thanks for your comments.

No, there is just one trade per day as it stands - the reversal didn't add anything in back testing.
 
The online trading system made a profit last week of $937.50 over the 5 contracts that we monitor, before commission costs. 11 winning trades out of 13 with the average winner being $87 and the average loser at $10. EMD (gained $330), YM (gained $245) and ER2 (gained $220) top performed whereas NQ (lost $20) was the worst performing contract.
 
Wed 14, Sep. Short trades on all 5 contracts gave us a profit of $965. Still not enough to offset losses of $325 on Monday and $1530 on Tuesday. The system doesn't trade Thursday so we just have Friday to see if we can pull a profit out of the week.
 
I'm curious:

The system results for YM in August do not show a trade on the 26th.

I see the opening bar of the day at a high of 10450 and then at approx 14:35 I see a tick at 10451 resulting in about a 48 point loss for the day.

Does anyone else show this ?
 
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