Trading System Ideas

azouz110

Newbie
7 0
I started this thread to share with you some trading system ideas.

My first technique would be to use intercorrelation between sector ETFs to create a sentiment indicator to predict movement of the S&P 500.

Market Sector Correlations as Sentiment Measure - Seeking Alpha

The idea is to take several sector ETFs, calculate the intercorrelation between these ETFs, take the absolute value of each correlation then average the result.

Here is a ready to use indicator you can use in QuantShare:
Sentiment Measure Using ETF Sector Correlations
 

azouz110

Newbie
7 0
Like any sentiment indicator, there are several ways to trade this.
But I am going to post only ideas and techniques here. I am not going to explain how to trade each one.
 

Babyblush

Active member
132 4
How about developing a trading system just with the price action alone without much usage of the indicators.
 

ZoomPips

Newbie
5 0
What would be the best components to use in a trading system? Direct price action and patterns or priced derived indicators? Would be interested in responses. Has anyone ever tried building statistics into trading system like statistics on the average retracements after a move of x percent?
 

NVP

Legendary member
37,535 1,988
Like any sentiment indicator, there are several ways to trade this.
But I am going to post only ideas and techniques here. I am not going to explain how to trade each one.

great ..........my idea is to trade forex .........but I cant go into any further detail here..........:cool:

N
 
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The Leopard

Experienced member
1,877 1,020
Here's a good system.

Trade only liquid instruments traded on proper exchanges. ES on CME is ideal.

Buy (or sell, as the case may be) pullbacks. Trade only in the direction of the trend. Do not under any circumstances attempt to trade reversals.

Cut losses quickly. Trail winners up with generous room. Where still in, just close at the end of regular trading hours.

Take only those opportunities that seem to be the strongest. It is impossible (and useless) to put a number on this, but in general on average you can probably expect a couple of trades a week. The point is, a small number of trades each month is normal and to be welcomed.

Work on increasing the number of contracts you trade.

That's it.
 
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numbertea

Well-known member
257 9
I trade ES reversals, I win, I lose, but it works for me. Look at all possibly viable trading systems, find one that inspires you and improve it so that it works for you. That is the best system you will ever find.

Cheers
 
 
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