Index futures automation

Discussion in 'Journals' started by hilmy83, Jul 3, 2022.

Can a fully automated trading strategy work in the long run?

  1. YES!

    56 vote(s)
    66.7%
  2. Hell naw.

    15 vote(s)
    17.9%
  3. I don't know, I got my own trading to worry about.

    13 vote(s)
    15.5%
  1. newwurldmn

    newwurldmn

    #321     Apr 25, 2023
    NoahA likes this.
  2. hilmy83

    hilmy83

    Real. Except I'm running on 20k account. the 10k im posting is just for modeling purposes. But i still use the same gross/net cost from my real account.
     
    #322     Apr 25, 2023
    newwurldmn likes this.
  3. hilmy83

    hilmy83

    #323     Apr 26, 2023
  4. hilmy83

    hilmy83

    #324     Apr 27, 2023
  5. hilmy83

    hilmy83

    Converted the algo to run on QT as well. Currently in test mode. It's amazing to be able to find these devs

    upload_2023-4-27_20-36-32.png
     
    #325     Apr 27, 2023
  6. hilmy83

    hilmy83

    I need an ORB trading mentor. Someone who does this for a living that can take my trading to the next level.

    I feel like there are certain things about this trading style that I need to learn.

    Who amongst ET that does this particular style for a living I wonder.
     
    #326     Apr 28, 2023
  7. hilmy83

    hilmy83

    I feel like my strategy is operating in the realm of "fear" rather than making profit. Very small gains and b/e as quickly as possible.

    When there are huge range days, I should be at least taking 50% of that move.

    Then again, maybe that's the trade off. You either capture the large moves with higher count of losing trades, or just scalp peanuts and be more consistent.
     
    #327     Apr 28, 2023
  8. rb7

    rb7

    IMO, you should be proud of your results so far.
    The more you want to make, the more risk you will take. There is no miracle way to do it.
    Doing 5%/month with no (or few!) losing days is very good.
    You should not think about what you have left on the table, because you can never take everything. If you are able to take a small piece of it, day after day, you're on business.

    If I'd be you, I'd start ramping up the number of contract and switch to the minis instead of micros (if I'm not mistaken you're trading micros).

    You're doing good. Convince yourself of your success.
     
    #328     Apr 28, 2023
    Laissez Faire, NoahA and hilmy83 like this.
  9. Pica550

    Pica550

    Maybe it’s time to run it on mini instead of micro, btw how you like QT? I’m currently run a moving average algo on it. I like it better than MT5.
     
    #329     Apr 28, 2023
    hilmy83 likes this.
  10. hilmy83

    hilmy83

    It's good if I had 6 fig account. But I understand what you're saying.

    Yes, I do trade the micro. 2 contracts for every 5k. Based on backtesting, that's the ideal size to trade this without blowing up since I do reverse quite a bit. Based on my calculation, I need a min 50k to trade the mini safely. It'll be like 2 years before i trade the mini again :banghead:

    So far I really like the platform. It has a backtest market replay and simulator to test the algo. . Plus a whole of more indicators that are built in, especially the volume based indicators.

    MT5 is more forex centric platform to me. Maybe in about couple of weeks, I'll make the full transition once I fully test my QT bot, especially in live. God I dread the live testing sometimes cause I'm scared of it might do lol
     
    Last edited: Apr 28, 2023
    #330     Apr 28, 2023