I posted this a while ago but finally have the statistics now
and they are pretty good!
First off
here's a comparison chartshowing the ES system vs the SPY system from present back to
Mar 2015. You see the same things going back further back in time
where the ES system catches trades that the SPY does not and vice
versa, for simplicity I'm only showing a year back. Even
though both system uses the same basic code and are related
instruments, they don't do the same trades because the instruments
are different prices and thus so are the indicators.
This chart example shows times where the ES system is in a trade
but the SPY system is not (like recently for example).
anyway I got the idea, what would happen if one took the ES
system trades in SPY when the SPY system would normally be flat.
For example from the image you can see that the ES system
went long in April while the SPY system was flat, or most recently
the SPY system was flat while the ES system went long a couple
weeks ago. What would happen if you simply took a trade in
SPY during this time when the SPY system was flat but the ES system
was in a trade?
So I finally have the statistics, my programmer automated where
the trade data for both systems are thrown into a database and
whenever the SPY system is flat and the ES system does a trade, you
take the ES system trade buy instead go long or short SPY for the
respective dates - so that you account for this.
Here's an imageshowing the yearly gains and yearly average of the SPY Pro
system only and the version where you would also take SPY trades
from the ES system when SPY was currently flat but ES was
not.
As you can see, quite a bit of difference here, doing this made
about another $100K or 13%, observe the yearly percentage gains:
There's quite an increase here, and the average yearly gain
goes up to about 40% (39.7%).
Now before you ask me, well Matt why don't you do this for
the website? Well for one, the ES system is a separate thing
not part of the website. However one main issue is that the
ES system trades occur at 5 pm EST, which is 1 hr after the cash
market closes at 4 pm EST. Now it shouldn't be an issue at
all, simple do the trade in the after hrs market, however I have so
many guys who want the signal before the cash market close or right
at it since they can't do trades in after hrs etc. Or maybe I
would make this a premium version.
They are both excellent systems Matt, and I would love if you
were able to share the ES trades with the members in the same way
as you do with the Spy Pro (which I trade), especially seeing how
it improves the annuals gains having the two systems
combined.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
SPY Pro system with ES system added trades comparison
Posted by matt on 15th of Aug 2016 at 10:19 am
I posted this a while ago but finally have the statistics now and they are pretty good!
First off here's a comparison chart showing the ES system vs the SPY system from present back to Mar 2015. You see the same things going back further back in time where the ES system catches trades that the SPY does not and vice versa, for simplicity I'm only showing a year back. Even though both system uses the same basic code and are related instruments, they don't do the same trades because the instruments are different prices and thus so are the indicators.
This chart example shows times where the ES system is in a trade but the SPY system is not (like recently for example).
anyway I got the idea, what would happen if one took the ES system trades in SPY when the SPY system would normally be flat. For example from the image you can see that the ES system went long in April while the SPY system was flat, or most recently the SPY system was flat while the ES system went long a couple weeks ago. What would happen if you simply took a trade in SPY during this time when the SPY system was flat but the ES system was in a trade?
So I finally have the statistics, my programmer automated where the trade data for both systems are thrown into a database and whenever the SPY system is flat and the ES system does a trade, you take the ES system trade buy instead go long or short SPY for the respective dates - so that you account for this.
Here's an image showing the yearly gains and yearly average of the SPY Pro system only and the version where you would also take SPY trades from the ES system when SPY was currently flat but ES was not.
As you can see, quite a bit of difference here, doing this made about another $100K or 13%, observe the yearly percentage gains: There's quite an increase here, and the average yearly gain goes up to about 40% (39.7%).
Here's a link to the normal SPY Pro system stats, see annual gains
Here's a link to the SPY Pro system with added ES system trades , see annual gains
----
Now before you ask me, well Matt why don't you do this for the website? Well for one, the ES system is a separate thing not part of the website. However one main issue is that the ES system trades occur at 5 pm EST, which is 1 hr after the cash market closes at 4 pm EST. Now it shouldn't be an issue at all, simple do the trade in the after hrs market, however I have so many guys who want the signal before the cash market close or right at it since they can't do trades in after hrs etc. Or maybe I would make this a premium version.
anyway I thought it was fun to share the stats
They are both excellent systems
Posted by peterjennings71 on 16th of Aug 2016 at 02:48 am
They are both excellent systems Matt, and I would love if you were able to share the ES trades with the members in the same way as you do with the Spy Pro (which I trade), especially seeing how it improves the annuals gains having the two systems combined.