Something new I've been working on

[Dustin]

Last Friday morning was choppy. Tough to say if it failed because it generated a lot of signals, but some of them were pretty good winners.

The middle of the day Friday was actually quite good.

 

[maxinger]

Nice 'bar code' charts.

A green background means uptrend.
How about a white background?


Do you identify a zone where the market is trendless / moving choppily
and as such, it is a no-no trading session.

 

[RedDuke]

it's backtesting is flawed and has been all these years - tradestation and others all fail - the only way to get honest results is to handicap the system, otherwise all results from all platforms are unrealistically slanted to the profitability side.

giving all users a false sense of accomplishment , is et not flooded with eager arm chair traders who have all found the holy grail and then come back here to share their grief of failure.

thru the years we have all seen literally thousands of these hopeful's come here loaded for bear and yet leave grazing on grass.

I am not talking about Ninja prebuilt backtest. Ninja uses c# and this gives unlimited opportunities to code your own back test, and this is what we did.

I coded it very efficient. A single run on 12 years of data takes no longer than 15 seconds.

 

[RedDuke]

Last Friday morning was choppy. Tough to say if it failed because it generated a lot of signals, but some of them were pretty good winners.View attachment 328142

The middle of the day Friday was actually quite good.
View attachment 328143

I thought you said system only trades first 2 hours after open ?

 

[Dustin]

I thought you said system only trades first 2 hours after open ?

It can trade whatever the user wants, I’m interested in the first 2 hours.

 

[hilmy83]

It uses Orderflow+ tools which don’t work for backtesting.

It looks like a simple bar cross over. If you actually did program it like that without the "orderflow stuff", it would probably be 95% match, if not exactly 1 to 1.

 

[Dustin]

It looks like a simple bar cross over. If you actually did program it like that without the "orderflow stuff", it would probably be 95% match, if not exactly 1 to 1.

I have ma’s right on there so you can see where they don’t line up.

 

[hilmy83]

Maybe something like this you can just easily backtest.

 

[hilmy83]

I've been working on this trading concept for about a year with the goal of complete auto futures trading. The full trading version is still ironing out kinks but this version that paints the signals is fully functional. For now, I'm only interested in long NQ trades for the first 2 hours of the trading day.

Just going to start by posting some charts.

View attachment 328131

 

[Dustin]

You all please feel free to keep posting stuff, happy to learn anything I can.

A little more background, this program is analyzing 3 correlated instruments to generate signals. In this case I’m using NQ ES and YM. So while this resembles ma systems there’s a lot more to it. The signals are also customizable in terms of aggressiveness for entry and exit.

Whether or not there’s value remains to be seen, this is a work in progress.