Broker data anomoly closing auto systems
- This topic has 33 replies, 5 voices, and was last updated 1 month ago by
.
-
So this will not help
Setting ‘weekend exclusion’ means that any trade open at Friday’s Close stays open over weekends.
Your comments in your last post are like you think ‘weekend exclusion’ means that all trades are closed at or before Friday Close?
1 user thanked author for this post.
How’s your DSP adventure going?
I see that you already have some systems running — great job!
What you’re experiencing now, I’ve been through three times myself over the past few weeks, and the cause was still the IG migration mess… it was a total disaster…
If you’re really serious about trading, you should forget about IG completely and trade with IB instead…
I’ve filed a complaint with both PRT and IG, but I don’t have much hope that anything will come of it…
1 user thanked author for this post.
How’s your DSP adventure going?
Hi JS. Myself and my family are forever indebted to you! I am lazy to get back and check in as they are still testing having completed 5 months now.
It worked, all those sleepless nights coding and testing. I came up with 4 useful signals that I wrote 6 or so systems with. Lo and behold my win rate has climbed, accuracy is outstanding on the signal only systems (as opposed to the full time DSP models). I no longer have fomo on anything because the full time models will always be exposed and generally on the right side however slow to lock in. In fact, they are like a flock of birds changing direction and has been an amazing regime filter for my manual trading. I haven’t yet made fast models with any accuracy. They are still slowbots but I run 14 algos meaning I’m trading multiple times a day/week. Half my profits are from this new generation and largely volatility/phase models being the two major components. I’m now consistently producing 10% per month return (auto only) but yet to have a true draw down. So far 50% return with 7.5% DD. They are outperforming so much I don’t day trade any where near as much as I used to so I actually have a life. I just do one VPOC open drive scalp each morning for income if I’m around but of course I am trying to automate that also.
How are yours going? Please tell.
The best thing I find is none of this silly stops getting taken business as per regular trades where your stop has to go somewhere! Holding costs aren’t too bad but I run the full time systems small because they can swing around a bit. If the market ever crashes we will print money with this style of system. When I turned on the Dow15 the first move was 2000pts. I couldn’t stop laughing. I am about to do my first compound so the next 6months will be interesting indeed.
I never performed an FFT. It sort of became obvious once I looked hard enough. I did reinvent the wheel on one occasion but that just helped deepen my understanding of the topic. So now I know 1%!…and it is enough!
I saw you had some issues with the broker also. It’s frustrating isn’t it? I don’t expect much either but they asked for exact prices/times to investigate this morning so that is something.
1 user thanked author for this post.
hi coincatcha,
good to hear from you again, and good to heear that you are catching so many coins (gold nuggets?) – and more than earlier 😀 now with your new methods.
you and now also JS telling that you experience very strange “price” moves tells me that probably the unprecedented mess triggered by IG beginning of september is not yet fully solved. myself I stopped all algos running on cfds first day right after I realized – due to things happening on my account and based on reports of other folks here in forum – what kind of horrific chaos is taking place. and I did not restart any of them since then – seeing how little the provider takes care about solving the issue and communicate the progress, and how much troubles they obviously have to solve all that. poor responses by IG and unfortunatelly by PRT towards their clients have very long history, and I am with IG since 15+ years, and with PRT approx since they introduced automated trading tools… and I somehow don’t have much hope that it will improve significantly any time soon. by now I have a “reason” for that lack of hope, I would say it’s kind of “conspiracy” theory (or simply business/investment decision logic): why would one care a lot about the clients, if one knows that within 3 months 75% and within 1 year 95% of them will be gone anyway – not making money, or losing all their capital, due to poor trading, not due to mess brokers create some times.
trading futures with IB/PRT since ~ two years I still have rather little experience with this combination of service providers. on one side it’s due to lack of issues 😀 for which I would need help desk support. on other hand one serious issue – on PRT side – I in fact have had last summer and I have to say PRTs response in that case was not very impressive but somewhat better, more serious and more proactive than whatever I experienced during many years with IG/PRT.
cheers
justisan
2 users thanked author for this post.
If you’re really serious about trading, you should forget about IG completely and trade with IB instead…
Sensei, every time we speak I have work to do!
I will educate myself on why I should change broker. I have no attachment to IG but don’t really know why I should change. It will introduce exchange fees from USD to AUD. I am sadly not large enough yet to qualify for a pro account.
I will read up on the forum but maybe was put off by something Peter said a few years back.
Please don’t ask me the sound of one hand clapping, I hear monks get stuck on that for up to 8yrs!
1 user thanked author for this post.
Hi Coincatcha,
Great to hear that things are going so well — and of course, you’ve got no one but yourself to thank for it, after all those sleepless nights coding and testing…
The numbers — 50% return with a 7.5% drawdown — look fantastic for a breakout/trend system…
You’re right, using the stop loss differently is one of the major advantages of such a system (I still use an emergency stop of 3% myself)…
Indeed, the first months of compounding positions are always exciting…
My own system is also performing well; of course, I’m still improving it every day…
My biggest breakthrough so far has been applying the z-score to the data…
The “z” stands for Zahl (German for “number”), and in statistics it’s used to compare different data sets…
The idea behind it is that each dataset has a mean and a standard deviation, so when you apply the formula ((Close – Average) / Standard Deviation), you obtain a scaled, dimensionless number — a normalized value…
Essentially, you’re normalizing or scaling the data, but the main advantage is that your system becomes adaptive — it adjusts itself to the average and the volatility of the current data. It works beautifully…
Of course, the system behaves like a typical breakout/trend model with a low win rate and a relatively high drawdown (16%), but it’s still the best one I’ve built so far…
At this point, it has become quite simple — it really comes down to three key steps:
-
Decomposing the data
-
Normalizing/making the data adaptive
-
Using thresholds to interpret the data
If you know even 1% about digital signal processing, it helps 100% when designing algos…
As for brokers, I now trade exclusively with IB, and what a relief it is to be done with all the IG nonsense…
My performance is also much better with IB…
Great hearing from you again, and best of luck going forward!
1 user thanked author for this post.
-
Find exclusive trading pro-tools on 
