Simple System for Beginners

So if I remember, You are simply testing the NQ from 2 different times 12:00cst and 13:00cst and using the original rules and the cut-off time (14:45cst) and exit time(15:00cst)....Right?

Are you using the same factors to multiply with, that are used on the ER?

Michael B.


Quote from pierson:

Interesting, i went through by hand and backtested on the NQ July and August like i posted before and got July -23 and August +48 points respectively.

Today i took them and measured from 1:00 central and got July +40.5 and August -23 points.

Almost exactly the opposite but profitable regardless.....i know 2 months is a very small sample but i didn't have anymore time and i thought someone might find it interesting. Maybe trading both of these styles together might smooth out the equity curve. Who knows, i will need to find time to test much further back.

Pierson
More...
 
"Trade" for today:

Opening Price of day session 545.10
Long Signal = 1.0033*545.10 = 546.90 Stop
Short Signal = .9967*545.10 = 543.30 Stop

short at market 1300CST at 541.40

Exit short at BUY/Long stop 546.90

P/L -5.50

Per contract with commission $-555.00
 
Quote from AnomalyResearch:

"Trade" for today:

Opening Price of day session 545.10
Long Signal = 1.0033*545.10 = 546.90 Stop
Short Signal = .9967*545.10 = 543.30 Stop

short at market 1300CST at 541.40

Exit short at BUY/Long stop 546.90

P/L -5.50

Per contract with commission $-555.00
More...

I applaud you for avoiding the noise on this thread..

Look forward seeing how this plays out over time.

(Although tedious to wade through 13 or so pages for each of your posts :( )
 
Quote from AnomalyResearch:

"Trade" for today:

Opening Price of day session 545.10
Long Signal = 1.0033*545.10 = 546.90 Stop
Short Signal = .9967*545.10 = 543.30 Stop

short at market 1300CST at 541.40

Exit short at BUY/Long stop 546.90

P/L -5.50

Per contract with commission $-555.00
More...


He lives .... LOL

Seriously, thanks for this thread it's a fun one I hope you do well with it!
 
I'm using his original rules that he spelled out for the first test.

Then i am using what another poster said that he uses. He does the measurements from 1:00 number. So i take the 1:00 central price and do the *1.0033 and *.9967 for the second test.

Pierson
 
Ok, I decided to throw to gether a very quick and simple test on this idea, and the results are what I expect.

Here's the Tradestation code:
--------------------------------------------------
Input: Threshold(.33);
vars: lng(0), sht(0), opn(0);

if time = 1100 then opn = open;

lng = opn * (1+(threshold/100));
sht = opn * (1-(threshold/100));

if time >= 1100 and time < 1245 and marketposition = 0 then begin
buy next bar at lng stop;
sell short next bar at sht stop;
end;

if marketposition <> 0 then begin
sell next bar at sht stop;
buy to cover next bar at lng stop;

if time >= 1300 then begin
sell next bar at market;
buy to cover next bar at market;
end;
end;
------------------------------------------------
If you use $12.5 slippage and $5 commission per trade, you would've lost your rear in any contract (other than the Russell, which I did not test) over the last three years.

As a side note, I used intraday continuous futures for the tests.
 
Quote from ElectricSavant:

Is that the 13:15 cst open you are using? I guess you won't share the other tweaks right?

Michael B.
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Michael - My system takes trades based on conditions being met at 13:40.
 
Quote from HLB:

Anybody can explain me what a KISS means?
Is it "keep it simple, stupid" or
"keep it, simple stupid" or
"keep it, simple, stupid" or
"keep, it'simple stupid"

Sorry I'm not an English speaker :)
More...

KISS stands for "Keep it simple, Stupid!"
 
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