pretty much just a consolidation day, SPX up 3 1/2 and is
sitting right around the R1 pivot.
otherwise my experimental 5 min ES system has bee trading this
chop pretty well, and Friday was good too, here's a chart. It
uses the same code as the RSI 2 daily strategies from the
'Tradestation Systems' section of the website however it only day
trades and does not hold positions overnight (does about 3 - 8
trades per day), It's pretty good, however it's not perfect, still
a few things I want to add to it and has the occasional bad day.
Still, however members who have the 'Tradestation Systems,
this 5 min system is given to them, as well as others
jen12- looks like
it does about 10 - 15 points, and as high as 40 points at times,
HOWEVER that is not with one contract, it scales into trades with a
maximum position of 4 contacts. today for example it did 5 total
trades, the first position and the last position held 3 contracts
at once before closing out, two of the trades only 1 contacts, and
one trade had 2. total gain was $775.
pretty much just a consolidation
Posted by matt on 11th of Mar 2013 at 02:25 pm
pretty much just a consolidation day, SPX up 3 1/2 and is sitting right around the R1 pivot.
otherwise my experimental 5 min ES system has bee trading this chop pretty well, and Friday was good too, here's a chart. It uses the same code as the RSI 2 daily strategies from the 'Tradestation Systems' section of the website however it only day trades and does not hold positions overnight (does about 3 - 8 trades per day), It's pretty good, however it's not perfect, still a few things I want to add to it and has the occasional bad day. Still, however members who have the 'Tradestation Systems, this 5 min system is given to them, as well as others
system did another trade the
Posted by matt on 11th of Mar 2013 at 04:07 pm
system did another trade the last hr, so that's 5 total for the day
how many pts does the ES system get a day?
Posted by jen12 on 11th of Mar 2013 at 05:16 pm
jen12- looks like it does about
Posted by matt on 11th of Mar 2013 at 10:22 pm
jen12- looks like it does about 10 - 15 points, and as high as 40 points at times, HOWEVER that is not with one contract, it scales into trades with a maximum position of 4 contacts. today for example it did 5 total trades, the first position and the last position held 3 contracts at once before closing out, two of the trades only 1 contacts, and one trade had 2. total gain was $775.
What do you consider a
Posted by pinguin on 11th of Mar 2013 at 04:34 pm
What do you consider a day on the /ES? Do you go from SPX open to SPX close? Or use the cash market open and the futures close?