Example Trading System

Discussion in 'Strategy Building' started by sidinuk, Jan 17, 2005.

  1. The YM contract ($5/point) started trading on April 5, 2002. For older data you could try the larger ($10/point) contract (Ticker symbol DJ). However, during RTH, the latter is a pit traded contract.
     
    #301     Sep 4, 2005
  2. sidinuk

    sidinuk

    Thanks very much for your comments, resurrector!
     
    #302     Sep 5, 2005
  3. sidinuk

    sidinuk

    The example day trading system made a profit of $1,882.50 over the 5 contracts, before commissions last week. Good gains on Monday ($1,662.50) and Wednesday ($1,957.50) seeing us through.

    EMD (made $800) and ER2 (made $750) were the best performing contracts over the week, whereas YM managed to lose $130.
     
    #303     Sep 6, 2005
  4. dbs119

    dbs119

    Or you can backtest it using DIA ( The ETF on dow Jones 30).It started trading in 1998..
     
    #304     Sep 7, 2005
  5. joesan

    joesan

    It's a inspiring system indeed, but I have a question here.

    Suppose the Opening range is 100-110, the long position is entered above 110, then if the price drops below 100, will you just close the original long position,or will you also reverse to establish a short position.
     
    #305     Sep 12, 2005
  6. sidinuk

    sidinuk

    Joesan, thanks for your comments.

    No, there is just one trade per day as it stands - the reversal didn't add anything in back testing.
     
    #306     Sep 12, 2005
  7. sidinuk

    sidinuk

    The online trading system made a profit last week of $937.50 over the 5 contracts that we monitor, before commission costs. 11 winning trades out of 13 with the average winner being $87 and the average loser at $10. EMD (gained $330), YM (gained $245) and ER2 (gained $220) top performed whereas NQ (lost $20) was the worst performing contract.
     
    #307     Sep 13, 2005
  8. sidinuk

    sidinuk

    Wed 14, Sep. Short trades on all 5 contracts gave us a profit of $965. Still not enough to offset losses of $325 on Monday and $1530 on Tuesday. The system doesn't trade Thursday so we just have Friday to see if we can pull a profit out of the week.
     
    #308     Sep 15, 2005
  9. I'm curious:

    The system results for YM in August do not show a trade on the 26th.

    I see the opening bar of the day at a high of 10450 and then at approx 14:35 I see a tick at 10451 resulting in about a 48 point loss for the day.

    Does anyone else show this ?
     
    #309     Sep 15, 2005
  10. sidinuk

    sidinuk

    tradersaavy, my data shows a high at 14.27 of 10450. A bit close for comfort!
     
    #310     Sep 16, 2005