NQ Fully Automated Trading System

Illini Trader said:
This makes no sense to me. If you are using a good platform with good tick by tick feeds from a good data source there should be no slippage at all either in simulation mode or in historical chart replay. Sierra Charts and CQG would do the trick. 40 Ticks? that is 10 full NQ points!!

Bottom line is that your system may be way better than you think it is if you are starting with a 10 point deficit on each trade.
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There will always be 1 tick of slippage if he using market orders (I think he is).

I traded NQ using a fully-automated system for several months in 2018. The slippage would be anywhere from -10 to +10 ticks (market moving for or against me after the entry condition was met). However, the average slippage turned out to be just 1 tick, which was the spread 99% of the time.
 
shatteredx said:
There will always be 1 tick of slippage if he using market orders (I think he is).

I traded NQ using a fully-automated system for several months in 2018. The slippage would be anywhere from -10 to +10 ticks (market moving for or against me after the entry condition was met). However, the average slippage turned out to be just 1 tick, which was the spread 99% of the time.
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With Sierra Charts you will not even get that 1 tick spread slippage because the simulator sells to the bid and buys the ask. Most demo accounts give you the last price traded and thus you will have the 1 tick slippage but not with SC. I have carefully monitored it with live trading and sim trading and it is spot on.
 
Illini Trader said:
This makes no sense to me. If you are using a good platform with good tick by tick feeds from a good data source there should be no slippage at all either in simulation mode or in historical chart replay. Sierra Charts and CQG would do the trick. 40 Ticks? that is 10 full NQ points!!

Bottom line is that your system may be way better than you think it is if you are starting with a 10 point deficit on each trade.
More...
No slippage, no reality. :wtf:

40 ticks slippage, more of the same.
 
Illini Trader said:
This makes no sense to me. If you are using a good platform with good tick by tick feeds from a good data source there should be no slippage at all either in simulation mode or in historical chart replay.. 40 Ticks? that is 10 full NQ points!!
Bottom line is that your system may be way better than you think it is if you are starting with a 10 point deficit on each trade.
More...

The 40 ticks slippage estimate seems to be for the full sized NQ but according to the OP 'Slippage is thru the roof running micro contracts', so god knows what the slippage number must be for MNQ then :confused:, 100 ticks???
 
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Millionaire said:
The 40 ticks slippage estimate seems to be for the full sized NQ but according to the OP 'Slippage is thru the roof running micro contracts', so god knows what the slippage number must be for MNQ then :confused:, 100 ticks???
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Like someone said earlier there is high volume on the Micro contracts and it is true. I have traded MNQ while having the entry box on my NQ chart and I get the same fill I would expect from NQ. So any slippage would be about the same on MNQ as NQ. If you are having much slippage you are using the wrong vendors.
 
Illini Trader said:
This makes no sense to me. If you are using a good platform with good tick by tick feeds from a good data source there should be no slippage at all either in simulation mode or in historical chart replay. Sierra Charts and CQG would do the trick. 40 Ticks? that is 10 full NQ points!!

Bottom line is that your system may be way better than you think it is if you are starting with a 10 point deficit on each trade.
More...

I find it's better to over allow for slippage. what some folks might not realize, as you near contract roll over, which start's this Thursday slippage becomes much worse. I have found over the years it's better to over estimate your slippage when designing trading systems with futures.
 
Rickshaw Man said:
I find it's better to over allow for slippage. what some folks might not realize, as you near contract roll over, which start's this Thursday slippage becomes much worse. I have found over the years it's better to over estimate your slippage when designing trading systems with futures.
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Time to go live?
 
Rickshaw Man said:
I've always felt the number of trades over the amount of time was critical to system success. I will keep monitoring it. No big hurry. I will say, it underperforms in a range-bound environment.
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This is true to some extent. But at the same time your system might just be performing well during a specific market environment.
 
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