Is this a typical execution method? Or have HFT algos sniffed out this protocol and bankrupted suh attempts?. I mean, If I am long above 2400 and short below 2400 for the duration of a month, this portion of my algo will only execute when the market is at the 2400 level. I the market just happens to have a prolonged fluctuation through (continuously hurdling) that 2400 level and I am in and out of my 30 (X) contracts repeatedly, let's say 10 times in 2 minutes, will an HFT pickup on this pattern and then trade against my algo and artificially prolong this fluctuation until I am bankrupt? I.E. crossing back and forth over 2400 until my algo can't buy/sell anymore because my capital is depleted from commissions and tick losses on 30 contracts.
This is my main concern. The logic is simple, long above, short below. The level is selected by me and is not based on support, resistance or any other significant actor. It is simply where the market is when I decide to initiate the trade, usually at the beginning of the month. This is Why I don't fear the market naturally fluctuating over my level (i.e 2400) hundreds of times in one crossing/session because it's improbable, as modeled. However, I do worry about an HT latching onto this simple logic and then deciding to make 1/4 tick profit by ping-ponging my algo back and forth across my level continuously until my algo surrenders from lack of funds.
