Hi, Does anybody here trade a mechanical system on intraday timeframes? If so, what markets do you trade? What timeframes? eg. 1min, 5min, 15min, etc And what returns are you pulling per annum? What is win% and profit factor? And how about average trade length? # trades per week? Just curious, thanks for any responses. I trade usually longerterm mechanical systems but thinking about experimenting with shorter time frames to decrease market exposure and increase trade frequency. Thanks. Regards, Nizar.
I trade my own self-developed system on the SPY. Intraday, 5-min timeframe. For the last seven years - average 56% per annum, lowest year 15%, highest year 186%. Percent win is 56% for longs and 61% for shorts, profit factor 1.87 and average trade length is 4 hours. 3-5 trades per week. The system is tracked by collective2.com. PM me if you want more details. Mike
Yeah, I do. Among other systems. Multiple systems on multiple markets on multiple time frames for diversification purposes. But I'm just a small time trader... Sometimes I can't allow a system to trade on a particular market as the other systems on other markets have used up [my margin requirement / buying power + comfort zone]. One of the disadvantages of being a small time trader. Check out a few I posted at my blog: http://gnomesden.wordpress.com/2007/10/06/trading-system/ While you're there, you might as well check out a few other things I've posted there as well.
Mike, Thanks for your thoughts. I think there is great potential in intraday trading. Though I was thinking 5-10 trades per trade. 3-5 trades a week is not much for an intraday system. But hey 56%pa is nothing to scoff at. Kuran, Thanks. I have bookmarked your blog for later reference. Nizar.
I use the feltontrading.com method for three primary reasons - 1) I can use this method on several products which I trade (ER2, ES, NQ, YM, and DAX). 2) I can trade this method on a variety of time frames suited for my own style. 3) I can scalp or short term position trade.
i use intraday sistem which i created myself. He based on 30- min.There are 3-5 tades per week. Average winning per month is 10% with leverage 1:2. I trade this sistem on future on russian exchange RTS
test on 2 years and 2 months. 2 opt parametrs for long and 4 opt parametrs for short. I trade a russian index RTS.