OEC/Tradestation EasyLanguage Strategy

Quote from adamm2:

Anyone interested in the EasyLanguage Strategy I use with OpenECry's Platform? This is a 100% mechanical or automated system used to trade that I coded myself. It is proprietary as the formula is mine, I didn't use any type of indicator/moving average/other junk that already exists. As you can see winning trade percents are always around 90% no matter what time period is used. The system is almost always in a trade as can see from the pictures.
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I'm curious about OpenECry. Does it support EasyLanguage?
 
Quote from Loki45:

What about real live trading? I wrote lots of codes that make tons of money in backtesting and flop in live trading.
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Did you test them with a demo account before using a live one? Were the results the same as the back test or were they similar to the live account?

Which back test settings were closest to the real results?

I am guessing you want to turn intrabar order generation off, and turn entry signals to no limits (needed for me to trade short and long), and then for pyramiding use one entry for each signal.
 
Quote from adamm2:

Anyone interested in the EasyLanguage Strategy I use with OpenECry's Platform? This is a 100% mechanical or automated system used to trade that I coded myself. It is proprietary as the formula is mine, I didn't use any type of indicator/moving average/other junk that already exists. As you can see winning trade percents are always around 90% no matter what time period is used. The system is almost always in a trade as can see from the pictures.
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Under Strategy Properties>General>Back-testing resolution you need to turn on "use Look-Inside-Bar Backtesting since you have signals intrabar. Use 1 tick or 1 minute for resolution.

Let us know how your system does. :D
 
Quote from adamm2:

Platform is 100% free no matter how much you trade.
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I'm reading their web site, and it seems like I still need to have a copy of tradestation. How are you running your EL strategies? If I open an account with these guys, do I have to maintain an account with TradeStation?

I think TradeStation is great, but I don't like their platform fee. I'd really just want to pay TS around $20 a month with no brokerage connectivity at all, but I put the minimum 5k in. Most of my losses in that account are just the platform fee, although I've a few shitty trades of my own.

But then my frustration comes from this:

If I have less than 25k in the account, I can only make 3 trades a week. At that point, it becomes harder to cut my losses because many times, the trade will slip back against me a few pennies and then go off $4-$5 dollars. Other times, it really goes against me. I'd like to have the luxury of re-entering on momentum trades, but don't want to subject all my money to their fees should I get occupied with my day job during a given month.
 
If anyone wants help with OEC strategies using EasyLanguage or anything else with the platform, I am in a ventrilo chat room. I am also open to discussing my strategies in progress:

IP:texas.ventriloservers.biz
Port: 3898
Password: september

I will be willing to help.
 
Quote from garchbrooks:

I'm reading their web site, and it seems like I still need to have a copy of tradestation. How are you running your EL strategies? If I open an account with these guys, do I have to maintain an account with TradeStation?

I think TradeStation is great, but I don't like their platform fee. I'd really just want to pay TS around $20 a month with no brokerage connectivity at all, but I put the minimum 5k in. Most of my losses in that account are just the platform fee, although I've a few shitty trades of my own.

But then my frustration comes from this:

If I have less than 25k in the account, I can only make 3 trades a week. At that point, it becomes harder to cut my losses because many times, the trade will slip back against me a few pennies and then go off $4-$5 dollars. Other times, it really goes against me. I'd like to have the luxury of re-entering on momentum trades, but don't want to subject all my money to their fees should I get occupied with my day job during a given month.
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Sorry to hear about your frustration, but OEC offers their trading platform for free and they have their own EL compiler, back testing engine and automated strategy software built into the platform (much like TS). This means you do not need any part of TS to utilize any of the above functions... I think their goal is to emulate TS as much as possible without any of their ridiculous fees per data feed/historical data!

Last time I checked, commission was $2.44 per side with OEC and that's it.

http://www.openecry.com/rates/rates.cfm
 
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