there's a turn that is better than 10:30...............2 year backtest. ........ES..........porgie thinks he is right.......but no one else does......even brother has quit me........he like 25 trades today and i say 10 failed..........60%..........1 tick or 2 above coin flip............porgie system failed him bigtime....or vice versa?.....my confidence is gone...yes, gone straight up.....he real traded i paper traded...........any suggestions about what to do with my computer? i am through forever.........maybe.........at least until monday morning next week........no one else likes me but you guys.........porgie sad tonight........family says porgie never make it......friends laughing.......old boss won't hire porgie and his system to come back......he say porgie quit him and is not too sharp.....porgie not a rocket scientist.. ......trading......someone give me some pointers please........what next........selling watermelons.......maybe coolweb will hire me to help with his billion dollar a year business......i could be his bodyguard, with his mouth, i am sure he needs one........or two.........
YM Traders
- Thread starter volente_00
- Start date
If you don't mind, try running it on a 2 point stop and a 2 point profit target.
And if you can, make the entry at 10:20 et.
Hello volente:
The performance is not good comparatively if you go with profit of 2 and stop loss of 2 and at 10:20 ET.
Here are the results for the contracts starting from 2003 march to 2006 March, A total of 13 contracts.
-24,-42,10,-2,27,2,24,4,-6,0,-8,34,8
I also ran the same 2 point profit and 2 point stop loss at 10:30 ET. Here are the results
12,2,10,18,18,-10,16,0,12,6,10,50,38
for 2.5 point profit and 4 point stop at 10:20 ET
-38.5,-16.5,27,-9,35.5,-8.75,23,-11.5,-15.25,23,-24.75,43.5, 29
for 2.5 point profit and 4 point stop at 10:30 ET
-19,-10,25.75,11.25,8.5,-18.5, 10.5,19.25,28,1,3.5,70.25,49
You can see the pattern. This reversal seems to be working very well during the recent times. Moreover, the 10:30 ET trades beat the 10:20 trades. Also, I think it is better to go with 4 point stop loss rather than 2 and increase the profit to 2.5.
The performance is not good comparatively if you go with profit of 2 and stop loss of 2 and at 10:20 ET.
Here are the results for the contracts starting from 2003 march to 2006 March, A total of 13 contracts.
-24,-42,10,-2,27,2,24,4,-6,0,-8,34,8
I also ran the same 2 point profit and 2 point stop loss at 10:30 ET. Here are the results
12,2,10,18,18,-10,16,0,12,6,10,50,38
for 2.5 point profit and 4 point stop at 10:20 ET
-38.5,-16.5,27,-9,35.5,-8.75,23,-11.5,-15.25,23,-24.75,43.5, 29
for 2.5 point profit and 4 point stop at 10:30 ET
-19,-10,25.75,11.25,8.5,-18.5, 10.5,19.25,28,1,3.5,70.25,49
You can see the pattern. This reversal seems to be working very well during the recent times. Moreover, the 10:30 ET trades beat the 10:20 trades. Also, I think it is better to go with 4 point stop loss rather than 2 and increase the profit to 2.5.
Please note that ALL these calculations are done by combining reversal with a standard deviation calculation. Here are the results without standard deviation calculation,
2.5,4,10:30ET
-19 -10 25.25 19.75 11 -29.5 1 22.75 27.5 10 -6 41.5 41
2.5,4, 10:20ET
-38.5 -14 28 11 43 -8.25 25.25 -1.5 -19.75 24 -27.75 33 7
2,2,10:20 ET
-24 -40 8 2 35 6 40 16 -4 8 -6 31 -6
2,2,10:30ET
12 2 8 22 30 -14 14 -1 6 14 12 34 34
As you can see here, the addition of extra conditions improves the reversal system. The numbers are lesser than that posted in the previous post.
2.5,4,10:30ET
-19 -10 25.25 19.75 11 -29.5 1 22.75 27.5 10 -6 41.5 41
2.5,4, 10:20ET
-38.5 -14 28 11 43 -8.25 25.25 -1.5 -19.75 24 -27.75 33 7
2,2,10:20 ET
-24 -40 8 2 35 6 40 16 -4 8 -6 31 -6
2,2,10:30ET
12 2 8 22 30 -14 14 -1 6 14 12 34 34
As you can see here, the addition of extra conditions improves the reversal system. The numbers are lesser than that posted in the previous post.
Thanks monarc.
Quote from Learner:
Make this automated you will be the 1st name on forbe 's richest list in no time. Go ahead! Do it!ha
How do you know I am not already on it ?
Hello all:
Please find attached a result of my statistical studies on ES. Results are interesting. The green line is the indicator developed by me and the blue line is the ES price series.
Visually, I can quickly take the trades based on the crossovers. If it crosses from below, I go SHORT. If it crosses from above, I go LONG.
I could NOT find a technical indicator that matches my indicator calculations. Very interesting result indeed.
Comments please.
Please find attached a result of my statistical studies on ES. Results are interesting. The green line is the indicator developed by me and the blue line is the ES price series.
Visually, I can quickly take the trades based on the crossovers. If it crosses from below, I go SHORT. If it crosses from above, I go LONG.
I could NOT find a technical indicator that matches my indicator calculations. Very interesting result indeed.
Comments please.