Automated BuyZone

trading strategies and money management discussion, code, results

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vittorio
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Postby vittorio » Fri Dec 14, 2007 12:06 am

Bellow are the equity curves if you faded the gap waiting for a $.10 retracement on AAPL and RIMM and held out for a $.50 profit, closing at end of the day target not met.


A question , you do not use stop loss in T.S. simulation
and in realtime trading ?
Very danger !

In my opinion is possible automate TRO's buy zone but
no the results of Tro's discretionary trades.

Anyway, Ken thank for your effort.

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Ken_S
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Postby Ken_S » Fri Dec 14, 2007 2:07 am

Correction: Trading Goog, AAPL, GS
Need more symbols, but backtesting is very time consuming.

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Postby Ken_S » Fri Dec 14, 2007 2:33 am

Remember how is said RIMM didn't backtest well? I had the idea that if the stock moves a lot from the open, then maybe it will move just a little more. So I tested what where the chances of the price moving $1.00, entering the trade, then grabbing $.12. Alway fading the gap. Here are the results.
Attachments
rimm long buyzone.png
I can trade this!
rimm long buyzone.png (10.35 KiB) Viewed 430 times

Ken_S
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Postby Ken_S » Fri Dec 14, 2007 2:54 pm

all longs, 760 shares, +$131.
Traded Goog, Rimm(.65/.15 profit target), GS, and PG (this often fills the gap, so I just use an OPG order to get at the open price, no need to wait)
First $100+ day!!
The # shares traded are round trip numbers, so I entered 380 shares, and exited 380 shares.

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Postby Ken_S » Tue Dec 18, 2007 2:21 am

760 shares, $126
Forgot to submit Goog for the open, but got a buyzone trade out of it later.

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Ali Son
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Postby Ali Son » Tue Dec 18, 2007 9:57 am

Are you factoring trading costs and slippage. Most expereinced system writiers/traders I have seen say that such an equity curve is not feasible.

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Postby TheRumpledOne » Tue Dec 18, 2007 5:26 pm

Ken_S:

Looks like we have another "dairy farmer".

MOO!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

Ken_S
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Postby Ken_S » Tue Dec 18, 2007 5:47 pm

Ali,
Yes on commission, no on slippage. Its only 22 trades, so if you wait for the price to hit the profit target all day, eventually you will probably get a day when you never hit it and take a substantial loss. I've been using a 1.5% disaster stop loss which has not been hit since trading live.

Didn't trade today. Sick as a dog. I usually loose when I trade sick. Although looking at the charts, I would have been profitable across the board. Oh well.

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Postby BP » Wed Dec 19, 2007 11:29 am

congrats Ken...get better!!

BP

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Postby Ken_S » Thu Dec 20, 2007 6:19 pm

$60 yesterday, $100 today.
See that nice equity curve for Rimm above? Rimm didn't hit the price target on Tuesday. I closed out with a small loss, but if I held on to the end of the day(would have lost ~$250 or stuck with my 1.5% stop loss I would have lost about $160. I think the exit point is far more important than the buy point.

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