Category Archives: Automated System

My thoughts and goals on automated trading a year later

In 2008, I spent a few good months developing strategies in TradeStation full-time for the index futures.  Now after a full year of break in development, I am starting to devote more and more time in quantitative finance research again. In hindsight, the biggest shortcoming with my previous strategies is that they are not discriminating enough.  [...]
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4 automated trading development platforms for beginner to advanced traders

Over the weekend, I’ve dug into a few more automated trading development platforms.  There are certainly many out there.  This condensed comparison is based on my own experience, online research, or reading through their documentation.  I only included the ones which I find to be the best for each different level of independent developers.  We’ll [...]
Also posted in Quantitative Finance | 1 Comment

Departed TradeStation and going the Ninja Trader path

I have worked with TradeStation for a few months earlier this year.  During that time, I worked for a few hours every single day on developing automated strategies and day trading on it.  I thought TS was very good for use as a day trading platform.  Particularly now that I’m using ThinkOrSwim, I feel the [...]
Also posted in Quantitative Finance | Tagged EasyLanguage | 2 Comments

Automatic trading medium and long terms

By now, it’s obvious that day trading is too dynamic for a simple system to cope with because of the noise. Yet, not all hopes are lost. Swing and long term trading poses a viable alternative. In the 135 min. ER2 example above, the Stochastic and CCI signals I’ve been using seem [...]
Also posted in Futures | Tagged er2 | Leave a comment

2MA w/ ADX and disappointing realization

Another day, another strategy. For the past couple of days, I’ve been working on the 2MA cross with ADX confirmation strategy for ER2H08 1200 sh/bar. Basically, an HMA(Low, crossing over EMA(Low, 24) as the trigger. Condition2 is that the current high is highest of past 3 bars. Condition3 is current [...]
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3EMA High Low Close crossover long strategy

Based on yesterday’s trading strategy, I developed my own 3EMA crossover strategy. Instead of only using the Close data. The high and low are also used. Here’s the idea. Condition1 = EmaLow crosses above EmaMedClose and EmaMedClose > EmaSlowClose; Condition2 = EmaMedClose crosses above EmaSlowClose and EmaLow > EmaSlowClose; Buy if Condition1 OR Condition2 is [...]
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3-MA crossovers, claimed 1.84 profit factor

Saw a forum post on TS claiming 1.84 proft factor. The concept seems interesting. Here is the code for later study. Here is the link to the post. [ IntraBarOrderGeneration = False ] Inputs: EMAFastLength(4), EMAMedLength(5), EMASlowLength(22), ValidBars(2); Variables: EMAFast(0), EMAMed(0), EMASlow(0), BuyHighAmt(0), LSetUp(False), LSetCount(0); { Calculation Section } EMAFast = XAverage(Close,EMAFastLength); EMAMed = XAverage(Close,EMAMedLength); EMASlow = XAverage(Close,EMASlowLength); { Define Entry SetUp Conditions } If EMAFast crosses above EMAMed and EMAMed [...]
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Bollinger with multi-MACD system

This system for ZGG08 uses a Bollinger upper band breakout as the first condition. Other conditions are data1 MACD (positive fast slope) and data2 MACD (fast above slow) for bullish trend confirmation. It is used on a 5 min and a 45 min chart. The long position is covered on 45 min MACD [...]
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