Time conditioned trading

• 06/04/2021 at 2:51 PM #171151
  snucke

  this forum is for Prorealtime, i do not think CMC has the option of using it.

  it seems like you are fumbling in the dark here, the picture u sent earlier is not in prorealtime but IG´s own program of executing orders.

  and the strategy of buying contracts each hour? what is the edge of doing that on its own?

   

  

  snucke

  Participant

  Topics: 9

  Replies: 143

  Been thanked: 21 times
  06/04/2021 at 2:54 PM #171152
  hanshs

  It would be my way of not going all in on a position, eliminating random price. I get the “general price” in a given time.

  

  hanshs

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  06/04/2021 at 2:57 PM #171153
  hanshs

  This is my line of thought. Does it make sense?

  Is there any other strategy. Example price goes up, it reverses then you sell, it goes up again then you buy. I guess that could be one. Is there any resources on this, please?

  

  hanshs

  Participant

  Topics: 1

  Replies: 9

  Been thanked: 0 times
  06/04/2021 at 10:37 PM #171173
  jebus89

  Hello Hans. As mentioned above I also think your fumbling in the dark.

  I would suggest you google some of your most basic questions.

  As for your strategy “buying every hour” dosnt really sound like a strategy, and your reason for doing it is to “eliminate random price” but to me it sounds like youre getting 100% random prices by just buying every hour? When and how do you want to sell for example?

  Try going to youtube and find some prorealtime tutorials and try out some trading podcasts like “better system trader” that talks about strategies and what works and what dosnt. maybe that will put you on a more clear path.

  

  jebus89

  Participant

  Topics: 120

  Replies: 603

  Been thanked: 250 times
  06/05/2021 at 8:49 AM #171181
  GraHal

  robertogozzi wrote:

  this could be an alternative way:

  Easiest way to prove a theory / strategy is to backtest it, so if you backtest the code Roberto provided above but use Buy 1 Contract (not 100) then you will know if your strategy has any merit. If yes refine it, if No complete disaster then move on and find a new idea … all part of the fun!?

  Hang on, I’ll do it for you as it will take less time than typing above! 🙂  Roberto has done the hard work (as always) … I don’t know what we would do without him!!!  ^Y (thumbs up for Roberto! 🙂 )

  I’m feeling in a good mood … My St Johns Wort is working already! 🙂

  1 user thanked author for this post.

  robertogozzi

  

  GraHal

  Participant

  Topics: 222

  Replies: 9307

  Been thanked: 2462 times
  06/05/2021 at 9:17 AM #171184
  GraHal

  Haha … food for thought and discussion …. as long as DJI keeps going up overall, and as long as we can sleep at night when it trends down!?

  I reckon even I could sleep, as drawdowns would be out of winnings!  So starting this Algo at the bottom of a drawdown may be key to this strategy?

  Beats buy and hold by £25K ish.

  Spread = 5 in attached.

  

  GraHal

  Participant

  Topics: 222

  Replies: 9307

  Been thanked: 2462 times
• Author
  Posts