TRO BUY ZONE - KEEP IT SIMPLE

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 24, 2008 12:46 am

You need to run the stats for the emini.

Look at Buy Zone emini threads.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby smartquant » Wed Dec 24, 2008 1:05 am

I appreciate your input, TRO.

I'll search the forum for "Buy Zone emini" threads.

Thanks again.

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Postby smartquant » Sat Dec 27, 2008 5:47 pm

I've taken a look around for emini threads and will continue to search.

I'm interested in finding out how to run the statistics.

I've been looking at different buy zones for a few days and decided to take the plunge yesterday.

I made 2 trades in the ES and ended up netting 2 full points for the day.

I look forward to seeing what the next trading day will bring.

Thanks again for making this available.

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Postby t44florida » Fri Jan 02, 2009 12:46 am

Trying to post TS chart image of S&P emini with buyzone applied. Can someone that understands buyzone comment on which bar you can enter and what result would have been. BTY I have changed settings from .2 to 2 for the S&P. Is this too much?
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buyzone.JPG
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Postby TheRumpledOne » Fri Jan 02, 2009 12:49 am

You have to run the stats for what you are trading...

I don't know if 2 is too big or not.

From the chart, the BUY ZONE looks profitable.
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Postby t44florida » Fri Jan 02, 2009 1:58 am

Tro -by stats you mean profit/loss per each trade, on daily basis, weekly basis, etc.? Also If memory serves me from reading past post- entry is a red candle as it crosses the first red buy zone line (vice-versa if long) correct? On given chart- first zone broken is short. Would trader then take next long as price reverses back through blue buy zone (and green candle)? Looked at buy zone many times but never clear about rules.

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Postby TheRumpledOne » Fri Jan 02, 2009 3:07 am

NO.

By stats, I mean you have to find the sweetspot... if price moves X in one direction then chances are it will move Y in the same direction.

If AAPL moves 0.10 from the open chances are it will 0.50 in the same direction.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby smartquant » Fri Jan 02, 2009 9:25 pm

I'm interested in learning how to "run the stats".

The Emini chart looks interesting. Would love to know how to find the "sweet spot" for the Emini S&P.

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Postby TheRumpledOne » Sat Jan 03, 2009 2:20 am

You have to test different pairs until you find an X/Y pair where if X occurs then Y occurs at least 75% of the time.
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Postby smartquant » Sat Jan 03, 2009 2:33 pm

Re:"You have to test different pairs until you find an X/Y pair where if X occurs then Y occurs at least 75% of the time."

I see, the concept certain makes sense to me as knowing the statistics will put the odds in my favor.

Do you recommend a way to run the stats?

Thanks again for your input.

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