having some issues with Tradestation so will send out after the
close
- SPY breakout system is stopping out (nice timely exit on ES
breakout yesterday)
- SPY DVDS short holding
- MES DVDS short holding
New systems:
- SPY - Trend/Pullback taking 1st entry (10K SPY ETF or$5K if
doing 1/2 size)
- MES - Trend/Pullback taking 1st entry (2 MESM23 contracts
or 1 contact if doing 1/2 size or SH ETF in place of futures)
side note: because the Trend/Pullback is entering on both SPY
and ES, if one wanted to reduce risk you could consider entering
1/2 position on each
shows you the charts - the SPY breakout close out, the open DVDS
shorts, and the new longs from the Trend/Pullback (on ES that
doesn't show up until 5 pm
LOL thanks, but if you think that's good, I had back tested one
of the trailing stops used by the breakout system, the PSAR the
other day and come up with a slightly better result that would have
had the ES breakout out about a week earlier for a bi higher
prices, stats overall area bit better higher PF, not just
that one trade so going forward I'll probably use that setting
image shows you the ES breakout on left and the one with the
adjusted stop on the right
having some issues with Tradestation
SPY and ES systems possible trades
Posted by matt on 25th of Apr 2023 at 04:02 pm
having some issues with Tradestation so will send out after the close
- SPY breakout system is stopping out (nice timely exit on ES breakout yesterday)
- SPY DVDS short holding
- MES DVDS short holding
New systems:
- SPY - Trend/Pullback taking 1st entry (10K SPY ETF or$5K if doing 1/2 size)
- MES - Trend/Pullback taking 1st entry (2 MESM23 contracts or 1 contact if doing 1/2 size or SH ETF in place of futures)
side note: because the Trend/Pullback is entering on both SPY and ES, if one wanted to reduce risk you could consider entering 1/2 position on each
Hey Matt, I think there's
Posted by greggone on 25th of Apr 2023 at 07:42 pm
Hey Matt, I think there's a typo here.. for the MES new entry I think you mean SPY not SH for those trading the ETF's... ;)
yep on that table I
Posted by matt on 25th of Apr 2023 at 07:52 pm
yep on that table I had SH by mistake. On the Trade tables history it was correct
shows you the charts -
Posted by matt on 25th of Apr 2023 at 04:26 pm
shows you the charts - the SPY breakout close out, the open DVDS shorts, and the new longs from the Trend/Pullback (on ES that doesn't show up until 5 pm
Posted by matt on 25th of Apr 2023 at 05:15 pm
Matt's exit condition on the
Posted by junkie on 25th of Apr 2023 at 04:08 pm
Matt's exit condition on the ES breakout system was superb. It was the best short entry for catching today's drop. I am still marveled by it :-)
LOL thanks, but if you
Posted by matt on 25th of Apr 2023 at 04:24 pm
LOL thanks, but if you think that's good, I had back tested one of the trailing stops used by the breakout system, the PSAR the other day and come up with a slightly better result that would have had the ES breakout out about a week earlier for a bi higher prices, stats overall area bit better higher PF, not just that one trade so going forward I'll probably use that setting
image shows you the ES breakout on left and the one with the adjusted stop on the right
Indeed Junkie, I couldn't agree
Posted by isplat on 25th of Apr 2023 at 04:12 pm
Indeed Junkie, I couldn't agree more. Thank you Matt, and thank you BPT for the best trading service ever!