Implementing The Buy Zone in the Public Eye

trading strategies and money management discussion, code, results

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PebbleTrader
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Postby PebbleTrader » Wed Dec 08, 2010 10:00 pm

If you look at how often rat trades trigger, you might find it best to not take every trade.

This goes back to my first suggestion of being able to trade the strategy successfully manually. This might help you develop ideas for ways to limit over trading.
Life is just a journey

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kiwiautotrader
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Postby kiwiautotrader » Wed Dec 08, 2010 10:11 pm

Hi Pebble, thanks for advice. I will go away and do some research. Cheers for that.

As I mentioned earlier TRO is very prescriptive in his rules. I had simply been trying to get some positive results using the prescribed rules.

Cheers,

Aj

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PRELIMINARY RESULTS

Postby kiwiautotrader » Thu Dec 09, 2010 12:58 am

Trading for the day of 07/12/10

Trading Started at 0830.

One trade taken.
Attachments
129201015324PM1.txt
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EPIC DAY!!

Postby kiwiautotrader » Fri Dec 10, 2010 3:43 am

Ok, so here go my trade results for

08-12-2010, from 0:00 onwards.


*** -67 PIPS ***


I think there is room for refinment.........

See attached zip for individual trade details.

TRADE SUMMARY

Trade No.1 - 8/12/2010 12:45:42 a.m. P/L = 0 Pips
Trade No.2 - 8/12/2010 1:27:15 a.m. P/L = 0 Pips
Trade No.3 - 8/12/2010 1:30:06 a.m. P/L = 0 Pips
Trade No.4 - 8/12/2010 1:49:04 a.m. P/L = -10 Pips
Trade No.5 - 8/12/2010 2:01:40 a.m. P/L = -1 Pips
Trade No.6 - 8/12/2010 2:26:27 a.m. P/L = 0 Pips
Trade No.7 - 8/12/2010 2:46:29 a.m. P/L = -8 Pips
Trade No.8 - 8/12/2010 3:03:41 a.m. P/L = -8 Pips
Trade No.9 - 8/12/2010 3:20:34 a.m. P/L = -2 Pips
Trade No.10 - 8/12/2010 3:36:04 a.m. P/L = 0 Pips
Trade No.11 - 8/12/2010 3:45:20 a.m. P/L = 0 Pips
Trade No.12 - 8/12/2010 4:42:34 a.m. P/L = -1 Pips
Trade No.13 - 8/12/2010 4:56:32 a.m. P/L = -8 Pips
Trade No.14 - 8/12/2010 5:07:02 a.m. P/L = 0 Pips
Trade No.15 - 8/12/2010 5:25:49 a.m. P/L = 0 Pips
Trade No.16 - 8/12/2010 5:38:19 a.m. P/L = -1 Pips
Trade No.17 - 8/12/2010 6:15:32 a.m. P/L = -1 Pips
Trade No.18 - 8/12/2010 6:59:38 a.m. P/L = 0 Pips
Trade No.19 - 8/12/2010 7:31:00 a.m. P/L = 0 Pips
Trade No.20 - 8/12/2010 7:55:13 a.m. P/L = -1 Pips
Trade No.21 - 8/12/2010 8:10:35 a.m. P/L = -2 Pips
Trade No.22 - 8/12/2010 8:45:16 a.m. P/L = -1 Pips
Trade No.23 - 8/12/2010 9:01:27 a.m. P/L = 0 Pips
Trade No.24 - 8/12/2010 9:38:15 a.m. P/L = -9 Pips
Trade No.25 - 8/12/2010 9:50:59 a.m. P/L = -9 Pips
Trade No.26 - 8/12/2010 10:05:36 a.m. P/L = -1 Pips
Attachments
8-Dec-Trades.zip
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Postby kiwiautotrader » Fri Dec 10, 2010 4:30 am

Interesting.......I have added POTENTIAL to the summary sheet......

Oh my ....look how it changes things........

TRADE SUMMARY

Trade No.1 - 12/8/2010 12:45:42 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.2 - 12/8/2010 1:27:15 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.3 - 12/8/2010 1:30:06 AM **** Potential Pip Gain 3 ** Actual P/L = 0 Pips
Trade No.4 - 12/8/2010 1:49:04 AM **** Potential Pip Gain 1 ** Actual P/L = -10 Pips
Trade No.5 - 12/8/2010 2:01:40 AM **** Potential Pip Gain 4 ** Actual P/L = -1 Pips
Trade No.6 - 12/8/2010 2:26:27 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.7 - 12/8/2010 2:46:29 AM **** Potential Pip Gain 2 ** Actual P/L = -8 Pips
Trade No.8 - 12/8/2010 3:03:41 AM **** Potential Pip Gain 3 ** Actual P/L = -8 Pips
Trade No.9 - 12/8/2010 3:20:34 AM **** Potential Pip Gain 4 ** Actual P/L = -2 Pips
Trade No.10 - 12/8/2010 3:36:04 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.11 - 12/8/2010 3:45:20 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.12 - 12/8/2010 4:42:34 AM **** Potential Pip Gain 4 ** Actual P/L = -1 Pips
Trade No.13 - 12/8/2010 4:56:32 AM **** Potential Pip Gain 2 ** Actual P/L = -8 Pips
Trade No.14 - 12/8/2010 5:07:02 AM **** Potential Pip Gain 3 ** Actual P/L = 0 Pips
Trade No.15 - 12/8/2010 5:25:49 AM **** Potential Pip Gain 3 ** Actual P/L = 0 Pips
Trade No.16 - 12/8/2010 5:38:19 AM **** Potential Pip Gain 3 ** Actual P/L = -1 Pips
Trade No.17 - 12/8/2010 6:15:32 AM **** Potential Pip Gain 3 ** Actual P/L = -1 Pips
Trade No.18 - 12/8/2010 6:59:38 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.19 - 12/8/2010 7:31:00 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.20 - 12/8/2010 7:55:13 AM **** Potential Pip Gain 3 ** Actual P/L = -1 Pips
Trade No.21 - 12/8/2010 8:10:35 AM **** Potential Pip Gain 4 ** Actual P/L = -2 Pips
Trade No.22 - 12/8/2010 8:45:16 AM **** Potential Pip Gain 5 ** Actual P/L = -1 Pips
Trade No.23 - 12/8/2010 9:01:27 AM **** Potential Pip Gain 4 ** Actual P/L = 0 Pips
Trade No.24 - 12/8/2010 9:38:15 AM **** Potential Pip Gain 2 ** Actual P/L = -9 Pips
Trade No.25 - 12/8/2010 9:50:59 AM **** Potential Pip Gain 1 ** Actual P/L = -9 Pips
Trade No.26 - 12/8/2010 10:05:36 AM **** Potential Pip Gain 3 ** Actual P/L = -1 Pips

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Postby kiwiautotrader » Fri Dec 10, 2010 8:20 am

Personally.....this makes interesting reading for me....like today would have been a better day to go with the trend.

I see potential!

TRADE SUMMARY

Trade No.1 - 12/9/2010 12:23:13 AM **** Potential Pip Gain 8 **** Pip Risk For Potential Gain 0 ** Actual P/L = 3 Pips
Trade No.2 - 12/9/2010 1:17:36 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 7 ** Actual P/L = 0 Pips
Trade No.3 - 12/9/2010 1:19:25 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 2 ** Actual P/L = 0 Pips
Trade No.4 - 12/9/2010 1:43:19 AM **** Potential Pip Gain 0 **** Pip Risk For Potential Gain 4 ** Actual P/L = -8 Pips
Trade No.5 - 12/9/2010 1:55:33 AM **** Potential Pip Gain 3 **** Pip Risk For Potential Gain 2 ** Actual P/L = 0 Pips
Trade No.6 - 12/9/2010 2:20:56 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 1 ** Actual P/L = -9 Pips
Trade No.7 - 12/9/2010 2:59:36 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 5 ** Actual P/L = -8 Pips
Trade No.8 - 12/9/2010 3:05:59 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 3 ** Actual P/L = 0 Pips
Trade No.9 - 12/9/2010 3:15:15 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 0 ** Actual P/L = -1 Pips
Trade No.10 - 12/9/2010 3:32:27 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 1 ** Actual P/L = -8 Pips
Trade No.11 - 12/9/2010 3:45:47 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 6 ** Actual P/L = 0 Pips
Trade No.12 - 12/9/2010 4:21:05 AM **** Potential Pip Gain 3 **** Pip Risk For Potential Gain 5 ** Actual P/L = 0 Pips
Trade No.13 - 12/9/2010 8:41:59 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 4 ** Actual P/L = -1 Pips
Trade No.14 - 12/9/2010 8:56:17 AM **** Potential Pip Gain 1 **** Pip Risk For Potential Gain 6 ** Actual P/L = -9 Pips
Trade No.15 - 12/9/2010 9:22:01 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 1 ** Actual P/L = -9 Pips
Trade No.16 - 12/10/2010 12:29:06 AM **** Potential Pip Gain 5 **** Pip Risk For Potential Gain 1 ** Actual P/L = 0 Pips
Trade No.17 - 12/10/2010 12:59:06 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 0 ** Actual P/L = 0 Pips
Trade No.18 - 12/10/2010 1:02:54 AM **** Potential Pip Gain 3 **** Pip Risk For Potential Gain 1 ** Actual P/L = 0 Pips
Trade No.19 - 12/10/2010 1:30:38 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 2 ** Actual P/L = -8 Pips
Trade No.20 - 12/10/2010 1:30:50 AM **** Potential Pip Gain 4 **** Pip Risk For Potential Gain 2 ** Actual P/L = 0 Pips
Trade No.21 - 12/10/2010 1:42:38 AM **** Potential Pip Gain 1 **** Pip Risk For Potential Gain 3 ** Actual P/L = -8 Pips
Trade No.22 - 12/10/2010 2:10:10 AM **** Potential Pip Gain 3 **** Pip Risk For Potential Gain 1 ** Actual P/L = -2 Pips
Trade No.23 - 12/10/2010 2:26:14 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 0 ** Actual P/L = -9 Pips
Trade No.24 - 12/10/2010 2:41:18 AM **** Potential Pip Gain 3 **** Pip Risk For Potential Gain 2 ** Actual P/L = -2 Pips
Trade No.25 - 12/10/2010 2:47:52 AM **** Potential Pip Gain 2 **** Pip Risk For Potential Gain 7 ** Actual P/L = -9 Pips

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Postby kiwiautotrader » Fri Dec 10, 2010 8:23 am

Here are the trades to go with the last summary.
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09-10 Dec.zip
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pika
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Postby pika » Sat Dec 11, 2010 12:28 am

kiwiautotrader wrote: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?

Kiwiautotrader,
How about putting in a rule #1 to only trade if the daily ATR has reached at least 75% of the longer term daily average (e.g. ATR over 50 days)? This is one criterion that I use and will definitely reduce the number of trades.

I am also wondering if you can implement another program to test if the "one color" rat rule is necessary as I still cannot understand the principle behind this rule. Thank you.

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Postby tmanbone » Sat Dec 11, 2010 2:13 am

If the new day starts @ 12:00am, it will take a while for zones to separate. Are the early a.m. trades taken when price is in both the red and green rat zones? Thanks,
"The simplicity of the markets is it's greatest disguise"

T

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Postby kiwiautotrader » Sat Dec 11, 2010 2:15 am

Hi Pika,

I will definitely look into putting the ATR rule in as well as the rat direction rule.

The bottom line is I want to see i I can make this strategy work, to be honest my initial gut feeling is that I cant (or at least as prescribed).

There are plenty of people around with a lot more experience with this than me, so I will certainly incorperate any good ideas along the way to trying to achieve the goal.

In return, I can make the Autotrader available to anybody who cares to have a helping hand.

Thanks again ,

Aj.

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