It's possible that one or more of these could close out today if
we close down, especially the hi mid lo for ES. However, I've been
running a backtest since early last night, it still have a few hrs
to go and I want to complete that, so I can't what the open systems
are doing at the moment.
on a side note one of the things I'm testing is the new Bear
Long Bull strategy - but I'm testing it also on a bunch of intra
day strategies. I have a version for a 5 min, 15 min, and testing a
30 min here. I will test a 45 min, a 60 min, and maybe a 2 hr. My
thought is that I automate the strategy on all those time frames at
once - trades do not really seem to overlap. That's not
something that can be emailed out - it has to be automated to take
the trades in your account itself. I like the idea of
automating a strategy bot to just run and catch trades all day.
Again at first it cannot be for the website obviously, but
I'll test it and if it looks interesting maybe we can figure
something out, I have some ideas but no reason to go into that
now.
I'll let you know later when I can view those open systems to
see what may close out today
Posted by DigiNomad on 13th of Jan 2023 at 01:47 pm
"it has to be automated to take the trades in your account
itself. I like the idea of automating a strategy bot to just
run and catch trades all day"
Maybe automate a subscriber email notification (along with the
trade execution on your side). If the email followed a standard
template (kept the same format, subject line, trigger words, etc.,
then members could use the API's for their platforms to trigger a
trade on their side when an appropriate email arrives. The template
would have to be exactly the same every time....or the coding would
go from quite simple to difficult. The potential lag for
email wouldn't matter all that much for the longer time
frames.
I can almost picture a python solution that would accomplish
this....but I hear that ChatGPT can take plain language coding
problems and deliver working code these days
Posted by crossharry on 13th of Jan 2023 at 02:20 pm
I had a quick play with it over Xmas and it knows TradeStation's
EasyLanguage code. It produced a compiled/ working indicator,
albeit not quite what I asked for (in plain English). I haven't had
chance to work on the code again.
I use Option Alpha for automated option trades. But it's
definitely a work in progress and not altogether that useful for
this type of trading (yet). But certainly has the potential
to be in the future.
Tradestation makes auto trading difficult. You have to turn off
confirmations... for all trades not just the strategy last I knew.
Best to use a separate computer or setup. They also make that
difficult. Any better autotrade broakers recommended?
yes in Tradestation it's a pain when trying to
automate multiple strategies on the same instrument- for
example let's say you have 10 ES charts and you you try and
automate a separate strategy on each one of them - it doesn't like
it because Tradestation probabably assumes that you would ever only
run one strategy on one instrument at a given time - you can force
it by turning off various things, but it's kind of wonky. The
problem is the same instrument - it has no problem running multiple
strategies as long as each strategy is on a different
instrument.
I would love to try and get it working in Trading View as it
might be better suited to running multiple strategies on the same
instrument, though I us IB there and IB logs out once a day and
with the the strategies running 23 hrs a day, there are trades that
occur overnight such as 2 am etc and you clearly don't want IB auto
logging out
I would need to connect Trading View to Tradestation instead,
and then I don't have much capital in TS so I would have to add.
Again, that's just logistics issues can be solved, the first step
is getting some of these in a form first that I would be
comfortable enough to turn them on as bots and allow them to run
while I'm away, playing golf, sleeping etc LOL
there's also a program developed by a French guy that basically
runs in the background and daily resets the auto shutoff time
the problem is that through Trading View you are not running the
IB TWS program, it's Trading View connected to IB, and that appears
to lose connection.
that program I discussed only works on the TWS program - you
have to figure out a way to do this in Trading View, because you
are not using the IB software
I am thinking you could run the systems in indicators and
use global vars to pass commands to strategy. Only problem is TS
also doesn't do well with adding and subtracting from
positions.
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reversion to mean systems that are short
Posted by matt on 13th of Jan 2023 at 09:37 am
It's possible that one or more of these could close out today if we close down, especially the hi mid lo for ES. However, I've been running a backtest since early last night, it still have a few hrs to go and I want to complete that, so I can't what the open systems are doing at the moment.
on a side note one of the things I'm testing is the new Bear Long Bull strategy - but I'm testing it also on a bunch of intra day strategies. I have a version for a 5 min, 15 min, and testing a 30 min here. I will test a 45 min, a 60 min, and maybe a 2 hr. My thought is that I automate the strategy on all those time frames at once - trades do not really seem to overlap. That's not something that can be emailed out - it has to be automated to take the trades in your account itself. I like the idea of automating a strategy bot to just run and catch trades all day. Again at first it cannot be for the website obviously, but I'll test it and if it looks interesting maybe we can figure something out, I have some ideas but no reason to go into that now.
I'll let you know later when I can view those open systems to see what may close out today
"it has to be automated
Posted by DigiNomad on 13th of Jan 2023 at 01:47 pm
"it has to be automated to take the trades in your account itself. I like the idea of automating a strategy bot to just run and catch trades all day"
Maybe automate a subscriber email notification (along with the trade execution on your side). If the email followed a standard template (kept the same format, subject line, trigger words, etc., then members could use the API's for their platforms to trigger a trade on their side when an appropriate email arrives. The template would have to be exactly the same every time....or the coding would go from quite simple to difficult. The potential lag for email wouldn't matter all that much for the longer time frames.
I can almost picture a python solution that would accomplish this....but I hear that ChatGPT can take plain language coding problems and deliver working code these days
I had a quick play
Posted by crossharry on 13th of Jan 2023 at 02:20 pm
I had a quick play with it over Xmas and it knows TradeStation's EasyLanguage code. It produced a compiled/ working indicator, albeit not quite what I asked for (in plain English). I haven't had chance to work on the code again.
I use Option Alpha for
Posted by pep8261 on 13th of Jan 2023 at 02:09 pm
I use Option Alpha for automated option trades. But it's definitely a work in progress and not altogether that useful for this type of trading (yet). But certainly has the potential to be in the future.
wow that sounds very exciting
Posted by kevindeng0727 on 13th of Jan 2023 at 09:58 am
wow that sounds very exciting Matt. I think for traders in front of the screen all day, a dashboard will be a great idea.
Minervini even has an app for his clients to receive notifications.
Tradestation makes auto trading difficult.
Posted by jroger on 13th of Jan 2023 at 09:44 am
Tradestation makes auto trading difficult. You have to turn off confirmations... for all trades not just the strategy last I knew. Best to use a separate computer or setup. They also make that difficult. Any better autotrade broakers recommended?
yes in Tradestation it's a
Posted by matt on 13th of Jan 2023 at 09:50 am
yes in Tradestation it's a pain when trying to automate multiple strategies on the same instrument- for example let's say you have 10 ES charts and you you try and automate a separate strategy on each one of them - it doesn't like it because Tradestation probabably assumes that you would ever only run one strategy on one instrument at a given time - you can force it by turning off various things, but it's kind of wonky. The problem is the same instrument - it has no problem running multiple strategies as long as each strategy is on a different instrument.
I would love to try and get it working in Trading View as it might be better suited to running multiple strategies on the same instrument, though I us IB there and IB logs out once a day and with the the strategies running 23 hrs a day, there are trades that occur overnight such as 2 am etc and you clearly don't want IB auto logging out
I would need to connect Trading View to Tradestation instead, and then I don't have much capital in TS so I would have to add. Again, that's just logistics issues can be solved, the first step is getting some of these in a form first that I would be comfortable enough to turn them on as bots and allow them to run while I'm away, playing golf, sleeping etc LOL
You may not be able
Posted by jhbernstein on 13th of Jan 2023 at 11:05 am
You may not be able to keep IB from logging you out automatically, but you can have it log you in automatically. Maybe that would work for you.
https://ibkrguides.com/tws/usersguidebook/configuretws/auto_restart_info.htm
For what it's worth, TWS sometimes goes 3 or 4 days for me before logging me out.
ibkrguides.com
Information about Auto Restart
there's also a program developed
Posted by matt on 13th of Jan 2023 at 11:09 am
there's also a program developed by a French guy that basically runs in the background and daily resets the auto shutoff time
the problem is that through Trading View you are not running the IB TWS program, it's Trading View connected to IB, and that appears to lose connection.
that program I discussed only works on the TWS program - you have to figure out a way to do this in Trading View, because you are not using the IB software
I am thinking you could
Posted by jroger on 13th of Jan 2023 at 10:03 am
I am thinking you could run the systems in indicators and use global vars to pass commands to strategy. Only problem is TS also doesn't do well with adding and subtracting from positions.