Dislikedi was reading something very similar a few weeks ago .I will definately look at it perhaps looking for consistencies like frequency distribution, like the little tails on daily bars/04-00 bars.Disliked{quote} Billy, just throwing some ideas around. have you considered strategies like. 1. if DAX open gaps up, enter long and exit when Dax trading day closes. and vice versa if dax open gaps down, enter short and close the short at the end of the day. 2. If dax, goes up 1%, during the day, enter a reverse trade and vice versa. and when i mean trading the DAX Thanks for the input,IgnoredIgnored
just to give you a taste...
138% return over 3 months period with max intraday drawdown recorded at roughly at 4%.
i have yet to see how this algo copes when theres like a huge single day market crash.... but thats why i have the envelope as an exit strategy, so if on any 1 minute candle the prices closes outside of the enveloped range (extreme price action), it closes the whatever trade there is immediately on the next 1 minute candle open....
This strategy is basically a strategy that involves multiple low period indicators fighting each other to determine the direction, but i obviously cant share whats being used.
looking to see how this strategy runs overtime, but i also got another one thats running on S&P500
We live in a finite world with infinite possibilities.