One thing I will be experimenting this year with is custom time
sessions. Right now the ES and SPY systems are of course
daily systems, SPY confirms trades at 4 pm EST, while ES confirms
trades at 5 pm. In Tradestation I can make custom time
sessions using a 1440 min chart, there are 1440 minutes in a day
therefore a 1440 min chart is basically the dame as a daily chart.
However with a 1440 min chart, I can create custom time
sessions. For example here's the ES exhaustion short, on a
normal daily bar it didn't trigger, however if I set a custom
session to close at 12:30 notice that the system would have entered
an exahuastion short last Friday, nice trade. Same thing for
SPY system, it would have shorted, whereas the standard time close
system would have missed.
I've also experimented with some intra day time frames like 2hr
views: here's an example where the breakout system would have
caught 3 nice trades in Jan on a 2hr time frame however the daily
missed it.
So again there's a LOT for me to experiment with this year that
could provide us with more opportunity and more trades, be patient
please, try to keep your emotion at bay
That would be a great addition, Matt! Gold, silver, bonds close
at 2:40pm and not at 5pm.
I have managed to optimize some of the your long systems for GC,
for example. I will share the settings when I have finished all of
them. GC trends like nothing else, it should be the easiest market
to trade with proper entry points. Your system logic works well on
GC with optimizations.
ES system is flat. Matt's ES systems are reversion to the mean.
For trending markets different systems are used.
Btw, I am getting a long entry on GC today for a trend-trade
reversion to the mean system. Swing systems that I know of, are
long GC above 1327. For a discretionary trade, one should be short.
My account is flat on GC, waiting for a higher low. FWIW.
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One thing I will be
A question about systems. Does anyone know or recommend a ...
Posted by matt on 30th of Jan 2018 at 11:36 am
One thing I will be experimenting this year with is custom time sessions. Right now the ES and SPY systems are of course daily systems, SPY confirms trades at 4 pm EST, while ES confirms trades at 5 pm. In Tradestation I can make custom time sessions using a 1440 min chart, there are 1440 minutes in a day therefore a 1440 min chart is basically the dame as a daily chart. However with a 1440 min chart, I can create custom time sessions. For example here's the ES exhaustion short, on a normal daily bar it didn't trigger, however if I set a custom session to close at 12:30 notice that the system would have entered an exahuastion short last Friday, nice trade. Same thing for SPY system, it would have shorted, whereas the standard time close system would have missed.
I've also experimented with some intra day time frames like 2hr views: here's an example where the breakout system would have caught 3 nice trades in Jan on a 2hr time frame however the daily missed it.
So again there's a LOT for me to experiment with this year that could provide us with more opportunity and more trades, be patient please, try to keep your emotion at bay
That would be a great
Posted by aragon on 30th of Jan 2018 at 12:13 pm
That would be a great addition, Matt! Gold, silver, bonds close at 2:40pm and not at 5pm.
I have managed to optimize some of the your long systems for GC, for example. I will share the settings when I have finished all of them. GC trends like nothing else, it should be the easiest market to trade with proper entry points. Your system logic works well on GC with optimizations.
Is es long or short
Posted by torvix on 30th of Jan 2018 at 12:06 pm
Is es long or short here?
ES system is flat. Matt's
Posted by aragon on 30th of Jan 2018 at 12:19 pm
ES system is flat. Matt's ES systems are reversion to the mean. For trending markets different systems are used.
Btw, I am getting a long entry on GC today for a trend-trade reversion to the mean system. Swing systems that I know of, are long GC above 1327. For a discretionary trade, one should be short. My account is flat on GC, waiting for a higher low. FWIW.