Implementing The Buy Zone in the Public Eye

trading strategies and money management discussion, code, results

Moderator: moderators

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Tue Dec 07, 2010 7:38 am

PROGRESS UPDATE :

Ok, well today was a good date.

I have got my Neoticker - MB link working fine.

I have also downloaded a weeks worth of historical tick data from IQFEED for testing to ensure the strategy is performing as expected.

As this stage I am just using USD/CAD to prove the theory. Today was a little slow going and I have a little bit more testing/bug fixing to go.

Other than that I am all on track to go live in the next day or so.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Tue Dec 07, 2010 7:48 pm

Thanks for that TMA,

I am a green Rat.

I will concentrate on the USD/CAD autotrader at the moment and will add additional pairs once i am satisfied all is going correctly.

Thanks again.

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Tue Dec 07, 2010 7:52 pm

PROGRESS UPDATE :

As discussed earlier, I am managing my exits via a playbook (as discussed in a TRO radio interview).

My exits are derived from TRO's suggested playbook in the DRT thread.

I have just finished coding my exit playbook and the rules are as follows :

MY PLAYS :

1) + 3 pips - move stop to break even

2) AT +5 pips, I will be ready to bail at +3 if price pulls back.

3) At +10 pips, I will enter a trailing stop of 4 or 5 pips.
4) At +15, I will cancel the trailing stop and enter a hard stop at +10.

5) at +20 I will Enter a hard stop at 15;

6) At +25, I will invoke a 5 point trailing stop til completion


Right, time for another break and time to breaka sweat at the gym!!

Seeya AJ

User avatar
trueblueTEX
rank: 500+ posts
rank: 500+ posts
Posts: 532
Joined: Mon Apr 12, 2010 4:38 pm
Reputation: 0
Gender: None specified

Postby trueblueTEX » Tue Dec 07, 2010 8:43 pm

What is "Neoticker"?

User avatar
eudamonia
rank: 500+ posts
rank: 500+ posts
Posts: 536
Joined: Thu Jun 15, 2006 9:50 pm
Reputation: 0
Location: Rocklin, CA
Real name: Edward Heming
Gender: Male
Contact:

Postby eudamonia » Tue Dec 07, 2010 11:15 pm

http://www.tickquest.com/

They are a trading platform similar to Ninjatrader, Metatrader, MultiCharts, etc. The foundation of the program is C#.
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
trueblueTEX
rank: 500+ posts
rank: 500+ posts
Posts: 532
Joined: Mon Apr 12, 2010 4:38 pm
Reputation: 0
Gender: None specified

Postby trueblueTEX » Wed Dec 08, 2010 2:39 am

Ah, thanks, Ed.

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Wed Dec 08, 2010 8:11 am

PROGRESS UPDATE :

To any one is interested.... :)

Another busy day with a shift at the Fire Station e.t.c so progress a little slow.

I have developed a "Completed Trade" template that will output for every trade the autotrader takes.

I have tried to relate it back directly to the rules that TRO has stated and provide as much information as possible so that people can look the trades up on their own charts should they desire.

Template to follow on next message.

Have a good day,

Aj.

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Wed Dec 08, 2010 8:12 am

Please note this template displayed is for demonstration purposes, it is not debugged and was created using historical data...


------------ KIWITRADE COMPLETED TRADE ---------------

DRAIN THE BANKS - LIKE A RAT


1) Price within 20 pips of the daily low - that is OPPORTUNITY
** Current Day Low - 1.0050 **
** ASK price at Opportunity Time - 1.0050 **
** Difference Between ASK and LOW - 0.0000 **

2) Red candle closes
** Red Candle Bar Time - 12/7/2010 1:45:00 AM **

3) Green candle closes - note the high price of the green candle.
** Green Candle Bar Time - 12/7/2010 1:50:00 AM **
** Green Candle High Value - 1.0048 **

4) Enter long at the green candles high price
** Actual Entry Obtained - 1.0048 **

5) STOP LOSS IS 10 PIPS
** Intital Stop Loss Set @ 1.0040 **

6) Take whatever profit you can.
** Pips Gain - WIN +65 **


--- STOP MOVES ---
Stop Price Shifted To : 1.00478 - Play No - 1"1) + 3 pips - move stop to break even"
Stop Price Shifted To : 1.00508 - Play No - 2"2) AT +5 pips, I will be ready to bail at +3 if price pulls back."
Stop Price Shifted To : 1.00578 - Play No - 4"4) At +15, I will cancel the trailing stop and enter a hard stop at +10."
Stop Price Shifted To : 1.00628 - Play No - 5"5) at +20 I will Enter a hard stop at 15;"
Stop Price Shifted To : 1.01158 - Play No - 6"6) At +25, I will invoke a 5 point trailing stop til completion"
------------------

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Wed Dec 08, 2010 3:52 pm

Nice template above.

Had you thought about how to keep your system from taking too many trades?
Life is just a journey

kiwiautotrader
rank: <50 posts
rank: <50 posts
Posts: 44
Joined: Fri Dec 03, 2010 7:07 pm
Reputation: 0
Gender: None specified

Postby kiwiautotrader » Wed Dec 08, 2010 7:14 pm

Hi Pebble,

No I had not thought about how to stop it taking too many trades.

At this stage I had simply intended on taking every trade available based on TRO's rules. In those rules he never mentions picking and choosing which trades to take, implying you take them all.

What are your thoughts? Is there a need to restrit the number of trades?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “strategy trading & money management”