Index Futures Trading System - Please comment :)

Discussion in 'Strategy Building' started by steve.k.tang, Apr 29, 2009.

  1. When the market opens, the first print will be both the high and the low for the session, so maybe you can code it as

    long if c = open + (ave range * .5)
    short if c = open - (ave range * .5)

    What am I missing?
     
    #11     Aug 4, 2009
  2. dozu888

    dozu888

    another piece of trash in the ET garbage pile.
     
    #12     Aug 4, 2009
  3. This is a good approach if you understand the limitations. Overcoming them is tricky. They can be overcome by a dual definition of trend with BO and fading system.
     
    #13     Aug 4, 2009
  4. How did this backtest? Are we on intrabar order calculation on daily bars for this?
     
    #14     Aug 4, 2009
  5. On the Day Low, are you referring to the current bar's low? or the current bar's high? If so, you'd need to wait at least a half hour to make use of this bit of code.
     
    #15     Aug 4, 2009
  6. Results are the only thing of use. Once you leave it out, there is nothing here to comment on. It is one more of a million various ideas floated by people, that almost always, does not really work.
     
    #16     Aug 5, 2009