Trade another day through Systematic Trading | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Day, Another Chair, Another Day in the Office 203 replies

Systematic trading 1,576 replies

Nonparametric Association Measures in Systematic Trading 57 replies

A Systematic Approach to Markets 68 replies

Systematic Trading vs. Discretionary Trading 14 replies

Attachments: Trade another day through Systematic Trading
Exit Attachments

Trade another day through Systematic Trading

  • #121
  • May 13, 2019 10:55am May 13, 2019 10:55am
Quoting VEEFX
{quote} but then he also says traders with emotional discipline problems can't succeed in systemic trading. I would probably change this sentence to "emotional decision-making" problems. In systemic trading, most decisions should be on data-driven logic (price data, volume data, indicator-generated data, account related data, trade stats related data etc etc). I believe my execution problems (caused by lack of focus/distractions) will most likely go away with letting my algo do most of the just-in-time decisions. Atleast that is my hope. Most algos...
VEEFX, take a look of Alpha's posts, he has already posted strats with edge in the past.
  • #122
  • May 13, 2019 11:46am May 13, 2019 11:46am
Quoting DavidRP
{quote} VEEFX, take a look of Alpha's posts, he has already posted strats with edge in the past.
I understand bro. I am questioning his definition or understanding of raw edge versus mine. A raw edge should not decay within 3 months of running in live. To me, that is a shock I am still trying to overcome. Is that only in FX or will that happen to me in NQ also. If yes, I need to drop this shit and go manual and kiss Harold's feet to take me in as his student for life :-)
Staying in my lane...
  • #123
  • May 13, 2019 1:26pm May 13, 2019 1:26pm
Quoting VEEFX
{quote} I understand bro. I am questioning his definition or understanding of raw edge versus mine. A raw edge should not decay within 3 months of running in live. To me, that is a shock I am still trying to overcome. Is that only in FX or will that happen to me in NQ also. If yes, I need to drop this shit and go manual and kiss Harold's feet to take me in as his student for life :-)
lol

try the raw edge strat of open range breakout on usdjpy or dax.
  • #124
  • May 13, 2019 4:15pm May 13, 2019 4:15pm
Trades for ORB strategy today: 9 pips

Reminder; no SL, just enter on breakout, and exit on opposite signal, or at EOD (at NYT 16:30)

I welcome anyone who wants to create an EA for this; or improve the strategy with entry filters, exits, stops, etc.
Let's make this a project.

Vee, cancel your trip; do some hard work here.
Attached Image (click to enlarge)
Click to Enlarge Name: 20190513-221316.png Size: 122 KB
  • #125
  • May 13, 2019 10:06pm May 13, 2019 10:06pm
Quoting alphadude
Trades for ORB strategy today: 9 pips Reminder; no SL, just enter on breakout, and exit on opposite signal, or at EOD (at NYT 16:30) I welcome anyone who wants to create an EA for this; or improve the strategy with entry filters, exits, stops, etc. Let's make this a project. Vee, cancel your trip; do some hard work here. {image}
Can't do bro. Celebrating our daughter's graduation this weekend (double major in business and computer science with honors!). She won $10K from me to travel throughout Asia in June because of her immense accomplishments. I am now flat broke so bring it on bro. I will try any shit to make a few bucks or ticks lol

It takes less than 30 mins to develop a quick algo in Siera for this setup. Already tried it on NQ during first two hours of range breakout. Any such strategies can be quickly implemented and tested with my current design. plug and play baby!

I am not sure if I can trade UJ on CQG with my current data subscription.
Staying in my lane...
  • #126
  • May 13, 2019 10:22pm May 13, 2019 10:22pm
Quoting VEEFX
{quote} Can't do bro. Celebrating our daughter's graduation this weekend (double major in business and computer science with honors!). She won $10K from me to travel throughout Asia in June because of her immense accomplishments. I am now flat broke so bring it on bro. I will try any shit to make a few bucks or ticks lol It takes less than 30 mins to develop a quick algo in Siera for this setup. Already tried it on NQ during first two hours of range breakout. Any such strategies can be quickly implemented and tested with my current design. plug...
10k for a trip to Asia is too much. Food and guest houses in thailand are cheap.

ask ProfitFarmer, our resident expert on Asia.

avoid Japan and Hong Kong, they are bit more expensive
  • #127
  • May 13, 2019 10:39pm May 13, 2019 10:39pm
Quoting alphadude
{quote} 10k for a trip to Asia is too much. Food and guest houses in thailand are cheap. ask ProfitFarmer, our resident expert on Asia. avoid Japan and Hong Kong, they are bit more expensive
She is going to Singapore, Thailand, Philippines, Hong Kong (and Indonesia or Malaysia) for almost a month. Actually, she also got a pretty big tax refund so she is chipping in as well. This 10K was already her "piggy-bank" money the moment she got selected to this top rated school. She has earned it :-
Staying in my lane...
  • #128
  • May 13, 2019 10:42pm May 13, 2019 10:42pm
Quoting alphadude
Trades for ORB strategy today: 9 pips Reminder; no SL, just enter on breakout, and exit on opposite signal, or at EOD (at NYT 16:30) I welcome anyone who wants to create an EA for this; or improve the strategy with entry filters, exits, stops, etc. Let's make this a project. Vee, cancel your trip; do some hard work here. {image}
Here's the result on NQ... just eye-balling it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 50 KB
Click to Enlarge Name: Image2.png Size: 40 KB
Staying in my lane...
  • #129
  • May 13, 2019 10:47pm May 13, 2019 10:47pm
Quoting VEEFX
{quote} She is going to Singapore, Thailand, Philippines, Hong Kong (and Indonesia or Malaysia) for almost a month. Actually, she also got a pretty big tax refund so she is chipping in as well. This 10K was already her "piggy-bank" money the moment she got selected to this top rated school. She has earned it :-
i have been and *lived* many years in all these countries except phillipines. for a month you only need about 2k or 3k to live nicely as a tourist.

take back 7k and use it to trade forex
  • #130
  • May 13, 2019 10:48pm May 13, 2019 10:48pm
Quoting VEEFX
{quote} Here's the result on NQ... just eye-balling it. {image} {image}
for NQ or ES use 15min or 30min time range from NY open
  • #131
  • May 13, 2019 10:51pm May 13, 2019 10:51pm
Quoting alphadude
{quote} for NQ or ES use 15min or 30min time range from NY open
I was just going to say this.... first 30 breakout is far superior as I recall from my early day back in Jan.... time slicing the session is the first thing I tried as I am a huge back of breakouts. Be right back
Staying in my lane...
  • #132
  • May 13, 2019 10:53pm May 13, 2019 10:53pm
Quoting alphadude
{quote} i have been and *lived* many years in all these countries except phillipines. for a month you only need about 2k or 3k to live nicely as a tourist. take back 7k and use it to trade forex
Too late now. It's already her money as part of Father to daughter "motivation fund" to do well in school:-( With that said, I would love to pay off her student loan so let's get to work my friend! ORB it is lol
Staying in my lane...
  • #133
  • Edited May 14, 2019 1:19am May 13, 2019 10:59pm | Edited May 14, 2019 1:19am
So here's 30 mins ORB with NQ and exit either in 2 hours of open or at session close... far more winners. BUT try running this algo now for a longer range with SL on the opposite side of the range and it is a net loser (if I recall from my testing days). It does not meet my success criteria.

EDIT: Since Time is fractal, Price vs time is also fractal which makes BREAKOUTS also fractal in nature. Because of this DNA, I find Divergence from Mean a far superior approach to Reversion to Mean. Divergence as well as Reversion techniques are all fractal in nature as well. The only hard part is the manipulation of scale or distance in ticks to consistently squeeze ticks or pips from such a MTF/Fractal design. That is where the struggle is... and introduction of two scales each for TP and SL is what make this shit even more complex BUT I tend to believe there is some harmonic relationship between fractals and range/scale.... deep area of my ongoing research.

EDIT1: you gave me another idea to try out. I think it might work.... stay tuned! nice way to fuck up my vacation dude :-(
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 61 KB
Staying in my lane...
  • #134
  • May 14, 2019 4:17am May 14, 2019 4:17am
V, forget your success criteria for later.

if you get a positive edge, deploy the trading system version1, and improve it as you go.
  • #135
  • May 14, 2019 4:27am May 14, 2019 4:27am
Quoting alphadude
V, forget your success criteria for later. if you get a positive edge, deploy the trading system version1, and improve it as you go.
not at $5/tick dude.... but e-micro could be my transitory underlying to get my algo journey to the finish line.
Staying in my lane...
  • #136
  • May 14, 2019 10:33am May 14, 2019 10:33am
Quoting alphadude
V, forget your success criteria for later. if you get a positive edge, deploy the trading system version1, and improve it as you go.
you got something good here. I tried the SL to BE or it would have been a nice trade. The dot on the 5M candle is a timestop at 2 hour past open. When I get home, I will put the algo and backtest to see if it decays. I think it will
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
Staying in my lane...
  • #137
  • May 14, 2019 11:56am May 14, 2019 11:56am
Quoting VEEFX
{quote} you got something good here. I tried the SL to BE or it would have been a nice trade. The dot on the 5M candle is a timestop at 2 hour past open. When I get home, I will put the algo and backtest to see if it decays. I think it will {image}
good to see it working. backtest for at least 3 years
  • #138
  • May 15, 2019 3:54pm May 15, 2019 3:54pm
Quoting alphadude
{quote} good to see it working. backtest for at least 3 years
YTD 2019 - only one trade per day, 30 min NY ORB with 1) exit at opposing signal or timestop at 4pm ET.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 54 KB
Click to Enlarge Name: Image2.png Size: 15 KB
Staying in my lane...
  • #139
  • May 15, 2019 4:10pm May 15, 2019 4:10pm
Quoting VEEFX
{quote} YTD 2019 - only one trade per day, 30 min NY ORB with 1) exit at opposing signal or timestop at 4pm ET. {image} {image}
post the equity curve
  • #140
  • May 15, 2019 4:10pm May 15, 2019 4:10pm
https://oxfordstrat.com/trading-stra...hannel-filter/
https://oxfordstrat.com/trading-strategies/orbp-trend/
0 traders viewing now