Recent content by Niove

actually I was not angling for anything.. I thought the answer to my pseudo dilemma would be obvious but it seems its not. So let me offer an example and see if you 'd give me the same answer you did before: You have 360,000 euros as capital. In a fair game of roulette (one without a zero but...

also to the op, this reminds me of a clasic dilemma: Assuming both have the same expected value which strategy would you choose, the one with small frequent profits and big rare losses or the one with big rare profits and small frequent losses?

lies!

The quick reply is that you should be looking at expected returns, which would be the product of your win ratio times your gain per trade. This should obviously be positive and high enough to cover commissions and slippage. 70% win rate on its own means nothing. How much are you making? if its...

=)

You will find tradestation the best entry level platform to automated trading. I 'd go through the trouble of opening an account as it will cost you a lot less than taking up on an educational package.

what instruments you trade? what are your commissions?

also.. when u make a strategy out of it and run it I want to compare results with mine :)

oo.. how do you set up tick and time series on the same chart in TS? =)

Right.. so I finally found the will to code and test this. Bottom line is that with reasonable commission and slippage assumptions in the long run you end up either breaking even (YM, NQ) or losing some $$$ (ES, YG, E7). Having said that, its a good algorithm for people who want to learn how to...

38 contacts * $2 = $76 in commissions. Any slippage assumptions? This is the next thing I am set to test on live but you should count $5 for every tick of slippage per contract, per side... assuming 1 tick slippage per contract, per side that adds up to $190, assuming 1 tick per contract one...

This is what I need to mess around with. Its pretty straight forward. I just did not have the will to code after work the past couple of days. For now I have a simple move stop loss to break even after a profit target is reached strategy.

I have automated the more complex method in tradestation's easylanguage and backtested different instruments, parameters, timeframes. Seems to work well. If you take into account commissions it still holds. If you take into account slippage most instruments don't cut it. YM and NQ still seem to...