My quest for the holy grail

Discussion in 'Trading' started by elliotwave, Dec 21, 2011.

  1. #21     Dec 21, 2011
  2. Mr_You

    Mr_You

    elliotwave,

    When I read your initial post, I (mis)read "patterns" as "chart patterns", for example: Head and Shoulders.

    My latest intraday automated strategy under development notes the trend direction and scalps for a fixed profit target. According to my imperfect backtesting it only became profitable on the ES after 06/11. More than likely I'll keep working with this strategy, test it in market replay and sim, and study how/which market conditions affect its performance. I may also see how it works with higher time frames.
     
    #22     Dec 27, 2011
  3. How's it going with that?
     
    #23     Dec 27, 2011
  4. So what are you guys using for backtesting?
     
    #24     Dec 27, 2011
  5. Assume the stock market is random.

    How would you trade it?
     
    #25     Dec 27, 2011
  6. I am certain that the market is perfectly organized to appear like perfectly random. The rest is easy.
     
    #26     Dec 27, 2011
  7. i wouldn't, lol
     
    #27     Dec 27, 2011
  8. ammo

    ammo

    just for fun,i can't program and watch these together,spx,djt,then aapl,xom,x,and bonds,eur/usd, can barely use computer so if this is a lot of work,don't bother but watching for s/r in spx using the eur,djt for confirmation ,noting s/r in all at the same time,seeing if it turns early on 1 or 2 and the rest follow,or if it breaks on 1 or 2 and the rest break,,works maybe 70% of the time
     
    #28     Dec 27, 2011
  9. i'll give it a shot
     
    #29     Dec 27, 2011
  10. Mr_You

    Mr_You

    #30     Dec 27, 2011