$TRILLION STRATEGY

trading strategies and money management discussion, code, results

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Feb 22, 2007 5:03 pm

$TRILLION

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.

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Feb 22, 2007 5:08 pm

BP wrote:TRO,

So, just trying to understand the spreadsheet...if we are 70% of the time hitting our TP and we set the "moving against" or the SL at 15, then we see that we should bring in on average 19 pips profit a week? Is that right?

I guess my question is that it seems that we would be stopped out quite a bit with such a small stop loss....

I understand that you are hesitant to have us do what you do...but could you give an example, with this strategy, as to what you would set your SL at?

I am confused on this matter. Please help me....

Thanks,

BP



Sounds like you understand the spreadsheet.

Look at a 1 minute chart and tell me how many times you would have been stopped out this week had the entry triggered.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Feb 22, 2007 5:21 pm

vittorio wrote:Avery,

Thanks for keeping up with this tread ...

Sorry if i will boring you ...but for learning I would ask you two things:

1) Is possible to post your _SMAA_STATISTICS code for tradestation or the statistics that are the base of this very interesting method?

2) The strategy seems to be sensitive to the start time.
I read in another tread that the strategy works FINE on EurUsd for all the 2006 with the following custom SESSION HOURS SET UP (in exchange time zone):
Sun 2.58 pm Mon 2.58 pm
……..
Now instead we are trying with this Setup:
Sun 3.58 pm Mon 3.58 pm
……..
Is this change based on a statistics or is it a discretionary choice ?

Could you explain which' has been the criterion that has made you to select in the 2006 : start Time to the 2,58 pm ? (among other things a shining intuitions )
And now start Time to the 3,58 pm ?

Thanks again gentlemen
Vittorio
p.s. Sorry for my English


It's ok to ask as many questions as it takes to understand, HOWEVER, sometimes you can answer you own question with a GOOGLE search or 2.

The SMAA_STATISTICS indicators are in one of the MOTHERLODES for TradeStation. EVERYONE READING THIS SHOULD DOWNLOAD EVERY MOTHERLODE so you'll have all of my indicators.

The reasons I picked the time was:

1) When I started trading FOREX, GAIN was the broker I used and they shutdown their system at 4:48PM EST.

2) When I was coding the indicators, I made a mistake and enter the time which was 1 hour BEFORE the close.

3) If it is working, don't fix it...LOL!!

It's like fishing, you need to know when the fish are biting.

But Michal and I have been running statistics and it seems that during the most active times, the time doesn't matter. So if you are trading when both London and NY are active, you should be profitable.
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.

BP
rank: 50+ posts
rank: 50+ posts
Posts: 99
Joined: Tue Feb 06, 2007 12:58 pm
Reputation: 0
Location: Camp Hill, PA
Gender: Male

Just trying to learn...

Postby BP » Thu Feb 22, 2007 7:12 pm

TheRumpledOne wrote:
BP wrote:TRO,

So, just trying to understand the spreadsheet...if we are 70% of the time hitting our TP and we set the "moving against" or the SL at 15, then we see that we should bring in on average 19 pips profit a week? Is that right?

I guess my question is that it seems that we would be stopped out quite a bit with such a small stop loss....

I understand that you are hesitant to have us do what you do...but could you give an example, with this strategy, as to what you would set your SL at?

I am confused on this matter. Please help me....

Thanks,

BP


Sounds like you understand the spreadsheet.

Look at a 1 minute chart and tell me how many times you would have been stopped out this week had the entry triggered.


TRO....

Just trying to understand....did what you asked....I am using IBFX...it looks like the close on the 16th was 1.9499. The candle was red on the 16th, so I would have entered in a sell stop order at 1.9499. It looks like before it bottomed out, it would have it the sell stop order, then it went up to 1.9523, then it went on the downward slide.

So, that is one case where it went above the 15, even though it looks like it should have been fine....

But, maybe I am looking at it wrong, and maybe there are different rules for a friday close that I do not understand/know.

Would appreciate more learning here.

BP

BP
rank: 50+ posts
rank: 50+ posts
Posts: 99
Joined: Tue Feb 06, 2007 12:58 pm
Reputation: 0
Location: Camp Hill, PA
Gender: Male

Postby BP » Thu Feb 22, 2007 7:21 pm

TRO or others....

An additional question here....this data is from IBFX....

Let's take the 21st of February.....The 20th was a green candle....and the close was 1.9553, so for the 21st I would enter in a buy stop order at 1.9553....

the problem is that is what it closed at...7pm on IBFX....by the time it was 7:02pm EST....the price was above it....so I guess my question is, how do I enter in a buy stop order? Or am I just supposed to enter it right then without a buy stop?

Please let me know.

Thanks,

BP

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Feb 22, 2007 8:28 pm

BP:

Please post charts and annotate so we can see what you are talking about.
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.

BP
rank: 50+ posts
rank: 50+ posts
Posts: 99
Joined: Tue Feb 06, 2007 12:58 pm
Reputation: 0
Location: Camp Hill, PA
Gender: Male

The trade on the 19th

Postby BP » Thu Feb 22, 2007 9:22 pm

TheRumpledOne wrote:BP:

Please post charts and annotate so we can see what you are talking about.


TRO,

Here is the trade on the 19th. Friday ended with a bearish day, and closed at 1.9499 or 98. This sell stop would have been triggered around 8am GMT, but then it would have turned the other direction up to 23 pips, before coming back down.

This is just a question about the stop loss being only 15 pips...and is that reasonable.

Thanks,

BP

BP
rank: 50+ posts
rank: 50+ posts
Posts: 99
Joined: Tue Feb 06, 2007 12:58 pm
Reputation: 0
Location: Camp Hill, PA
Gender: Male

When do I get in?

Postby BP » Thu Feb 22, 2007 9:25 pm

TheRumpledOne wrote:BP:

Please post charts and annotate so we can see what you are talking about.


TRO,

This is a pic from the 21st...I just need to understand when I would enter? At the close...the price is already moving down, so I would not be able to enter at the close price....so please help me with this....

BP


User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Feb 22, 2007 11:47 pm

TRO_PrevCandleTBHL2




For all of you who were having a hard time installing the ELX.DLL, I made TRO_PrevCandleTBHL2 which doesn't use it.

ELD attached.

*** NOTE ***

USE THIS ON 1440 MINUTE CANDLES
Attachments
TRO_PREVCANDLETBHL2.ELD
(8.22 KiB) Downloaded 81 times
Last edited by TheRumpledOne on Fri Feb 23, 2007 12:02 am, edited 1 time in total.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: When do I get in?

Postby TheRumpledOne » Thu Feb 22, 2007 11:54 pm

BP wrote:
TheRumpledOne wrote:BP:

Please post charts and annotate so we can see what you are talking about.


TRO,

This is a pic from the 21st...I just need to understand when I would enter? At the close...the price is already moving down, so I would not be able to enter at the close price....so please help me with this....

BP


If I understand the chart, it looks like price is moving DOWN... no reason to go long when price moving down!!

Remember you want to trade in the direction of the current candle and I also look at the 60 minute candle...

Rule of thumb: NEVER TRADE AGAINST THE COLOR OF THE 60 MINUTE CANDLE.
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.

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


Return to “strategy trading & money management”