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. Perhaps that type of order (stop and reverse) is not supported.
    They may be trying to force you to place two orders: one to close the open position, the other to place a stop in the opposite direction. Of course that is more commissions for them.
     
    #41     Jul 27, 2022
  2. hilmy83

    hilmy83

    i've done it before through mt5. apparently this one time , the algo is cancelling it once it's opened.

    i'm thinking of routing my algo through a demo account and my live account just follow it through copy EA with market orders. it does introduce some ms lag, but it defnitely will rid of live market issues cause demo environment doesn't care about these technicalities
     
    #42     Jul 27, 2022
    shuraver likes this.
  3. hilmy83

    hilmy83

    I decided to redo the algo to work out step by step to what cause the order cancelling. I'm not too sold on the idea that it was live environment that caused it. And also not too thrilled about running the algo on a demo and receiving the trade signals that way.

    saw few errors since i started the journal like
    https://www.elitetrader.com/et/threads/index-futures-automation.368144/page-4#post-5641268

    https://www.elitetrader.com/et/threads/index-futures-automation.368144/page-4#post-5644151


    From the 1st post, I have indicated that I'm not a programmer, so I have to enlist a programmer service like before to help me out. I can identify block of code and understand kind of what it does, but certainly not comfortable to edit it on my own. First time around it took couple of months. But hopefully this time around is only couple of weeks to update the algo and test it out properly.

    Since this is the 2nd time I have gotten AMP's notification of bad trading practice, I'm not going to take a chance of just letting it run as usual.

    will be back soon
     
    Last edited: Jul 27, 2022
    #43     Jul 27, 2022
  4. Overnight

    Overnight

    #44     Jul 30, 2022
    hilmy83 likes this.
  5. Chunyat Chow....Chinese ?
    No mention was made regarding the orders being manually entered or via software.
     
    #45     Jul 31, 2022
  6. Overnight

    Overnight

    There have been notices sent in the past about the same actions being taken against folks who did not monitor their autotrade systems. I cannot remember how long ago, but I have seen them.
     
    #46     Jul 31, 2022
  7. hilmy83

    hilmy83

    As i'm going through the code, just realizing that filling policy for FDXS is different than the rest of the indices (no FOK). Not that i was using FOK (or maybe I was by default?), but this time, i explicity making the update to use only "return fill". Removing FDXS for now though, not liking how mt5 has a different custom start time for this market and volatiliyt is just weak.


    https://www.metatrader5.com/en/mobile-trading/android/help/trade/general_concept/fill_policy#:~:text=This execution policy means that,the market at the moment.

    1.jpg
    2.jpg



    Also added some alerts to notify by email when algo does stupid shit (like getting into order cancelling loop).

    3.jpg



    Anyway restarting the algo back up for August using new settings through a sub account. Made some adjustments to the tp/sl management too. lets see how this goes in round 2.

    3.jpg

    PS. never realized there was a reg/seg in statement. I was like wth is this until the dude explained it to me lol. it wasn't separated by eur/usd in the original account though..

    4.jpg

    https://support.ampglobal.com/hc/en...ations-1-20-Segregated-and-30-7-Secured-Funds
     
    Last edited: Aug 3, 2022
    #47     Aug 3, 2022
  8. hilmy83

    hilmy83

    i like how MES is missing data for 1 hour and fucked up my algo. Other indexes was fine.

    what a piece of shit platform. stay away from MT5 lol. fuck

    need to look into NT8

    Capture.JPG
     
    #48     Aug 4, 2022
  9. wmwmw

    wmwmw

    This missing thing did not happen to my MT5(AMP account).
     
    #49     Aug 4, 2022
  10. hilmy83

    hilmy83

    the fact that it happened on mine and it jsut doesn't "reload" data is very concerning. AMP dude was just like log off and on ..AMP never really cares about platform issues, it's not really their problem anyway
     
    #50     Aug 4, 2022