developing automated system for ft100

total targets 89

first 74 targets all completed,stats to come and the target levels

Hi Diceman
I have no clue what you are setting up. Could you explain your thoughts pleaseß
Thanks

hi wolfsch,

i had over 12 months of recorded trades for this and i cant locate them as i moved house and have also been away in asia these past 3 months.so im recording these trades or i should say possibilites.ive been trading this manually for a couple of years ,using descresionary entries.the targets are based on price structure.

now what im trying to do is find a way in which to develop or have developed an ea .first i need to see other market conditions.i only have recorded here just under a 100 targets .a thousand trades should see a fairer set to work with.this are based on market cycles,24 hours,3 days 7 days,ect ect.

an example.im not really interested in the target im interested in the probability of of the price returning .ie at present the probabilty of price hitting target at a deviation of 20 pips is 50 %.30 pips is 75 %.but this sample size is to small .150 pips is the maximum deviation of price to have completed every target but market has yet to break range.im only interested in the ideal entry with a positive probabilty over a all market conditions.as ive said earlier in this thread im already trading this manually with sucsees ,but i know its capable of being automated.

i think it will become clearer as i post the results and there deviations

targets

ft1 11

t 50 10
t51 15
t52 42
t53 10
t54 12
t55 18
t56 16
t57 128
t58 14
t59 10
t60 21
t61 14
t62 10
t63 16
t64 108
t65 92
t66 78
t67 63
t68 10
t69 22
t70 17
t71 42
t72 28
t73 11
t74 14
t75 u/c 6856
t76 u/c 6875
t77 11
t78 11
t79 13
t80 12
t81 u/c 6824
t82 u/c 6810
t83 u/c 6795
t84 10
t85 10
t86 u/c 6846
t87 u/c 6781
t88 u/c 6768
t89 20
t90 u/c 6740
t91 24
t91 u/c 6692
t92 15
t93 13
t94 u/c 6699
t95 13
t96 15
t97 11
t98 u/c 6722

8 targets today,thus far 7 completed 1 open at 6688 target 112

one remaining unclosed trade 106 at 6661 was 2 pips from clearing,which is the last low all remaining open targets are above price 10 in total

Hi Diceman,

Are you looking to develop this EA with someone or are you just recording your trades here?

I'm really curious to know more about the gap theory. Could you give some hints/pointers?

Thank you!

sorry saver0,

ive typed two private msgs and both have gone to the that place in the sky.

ill try again tomorrow.

Great ... your system works also on Stock ....

Update

reference 358 trades


all top levels cleared at 6875.

8 targets below price,remain open

350 targets closed ,maximum drawdown 347 pips

around 20,000 pips on 350 targets gained ,

aprox present drawdown on 8 open targets 2600 pips

mediam line close around 1800 pips.

Price memory

structure of price

i now have 2 sample sizes of 1,000 trades,aprox 5 to 6 months,1st sample from last year and one from this year.

interestingly both sample group produced similar results,but this should not be surprising considering the market s efficiency .

i have found 3 ways in which 3 systems can be employed to trade these price returns.

regardless of what set of returns you consider one still needs to overcome the market efficiency .

example if you trade returns from 10 pips to 30 pips the return % is for the most part constant at 68 %,this shows the markets efficiency.50 % of those trades are 10 to 20 pips.
the market efficiency leads no edge,although ive used this information to trade system 1,but defeats my object of a automated system .1 element of discretionary tact is required and 14 plus hours of screen time required without the time to monitor you loose the edge.

system 2 uses this same information ,only trades the deviation .consider the the market efficiency is 68 % ,the deviation becomes inefficient and effects every set.system 2 trades thats ineficiency back to efficient market.this requires much less screen time and the edge lies with the simple fact that the market thrives to be efficient.

system 3,is a swing trading system.this requires keeping a log of all returns ,combed with the % efficient market returns ,the deviation after trends .ignoring black swan extremes,trades are placed against the trend for reversals albeit corrections or trend change.these increase with patience concidering the the % return from 10 to 100 pips is 89.6 %,this also can be traded with positive r/r

system 1 ,a positive edge via mm.and the r/r ratios,s
ststem 2 ,is r/r coupled with constant monitoring of the deviation over a period trdes.
system 3 patience,watch the deviations and r/r.

ive traded all 3 with positive outcome and each system has an edge of some sort.

ok

trading system 3,swing,100 pip maximum returns at 89 % .90 pips from lowest return target

reversed repeat 90 pip swing,89 %

versed swing ,repeat 90 pip swing re

yesterdays trade .system 2,deviation on 10 to 30 pip return,3 consecutive swings within the 100 pip range has an adverse effect on market efficiency in lower sets.although there were returns 80 pips below ,the deviation on the 20 to 30 pip set dropped to 63 % which 67 68 % being efficient.hence traded the 10 to 30 pip set.

trends take that efficient 68 % and the market becomes inefficient.this determines system 2 or 3

onl1 trade

todays trade system 2,10 to 30 pip deviation back to 68 %

safest trade was target at 22 level within the 10 to 30 pip set,although as you can see the highlighted values are all indicies strong buy,to hold but that would break the rules and effect the edge

trade t