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Friday 25 September 2009

HPT ATS Trade Statistics


I'm still working on my ATS. I plan on posting its results on my blog on a regular basis to give this blog more content and help me track its progress.
I have the ATS sending orders to an Interactive Brokers Simulated Account.
Today I took the same trade that the ATS fired and it worked.
I am still working on this ATS for trading NQ.

The ATS only signaled 1 trade today. A 2pt set stop and 3 pt target we're fixed in place. I manually adjusted the stop down and the stop was hit for 1.5pt profit. The trade statistics can be seen in the picture.

I think I will provide a full view of the ATS trade statistics for all the trades taken at the end of the trading week/month and put these results in an EXCEL/ GOOGLE Pivot table as shown below. Perhaps when I accumulate more statistics on the trading I will provide a chart of the P/L performance along with the corresponding trade statistics. I love Pivot tables.

HPT ATS TRADE STATISTICS

PIVOT TABLE

HPT ATS Trade Statistics


I'm still working on my ATS. I plan on posting its results on my blog on a regular basis to give this blog more content and help me track its progress.
I have the ATS sending orders to an Interactive Brokers Simulated Account.
Today I took the same trade that the ATS fired and it worked.
I am still working on this ATS for trading NQ.

The ATS only signaled 1 trade today. A 2pt set stop and 3 pt target we're fixed in place. I manually adjusted the stop down and the stop was hit for 1.5pt profit. The trade statistics can be seen in the picture.

I think I will provide a full view of the ATS trade statistics for all the trades taken at the end of the trading week/month and put these results in an EXCEL/ GOOGLE Pivot table as shown below. Perhaps when I accumulate more statistics on the trading I will provide a chart of the P/L performance along with the corresponding trade statistics. I love Pivot tables.

HPT ATS TRADE STATISTICS

PIVOT TABLE

Thursday 24 September 2009

How to Run Multiple Instances of QuoteTracker Trading Software

How to run two instances of QuoteTracker

Make a copy of the entire QuoteTracker folder, not just the stocks.exe file. (Ex. If your current folder for QT is "c:\program files\quotetracker" make a folder "c:\program files\quotetracker2" (or whatever)). Then copy the entire contents of the "c:\program files\quotetracker" folder (including sub-folders) into the "c:\program files\quotetracker2" folder.

After that, make a shortcut to the stocks.exe file in the new c:\program files\quotetracker2 folder. Your original shortcut should point to "c:\program files\quotetracker\stocks.exe" and the new shortcut should point to "c:\program files\quotetracker2\stocks.exe"

Both of these shortcuts now need the "allowdup" command line argument added to them in the Target box, so that they will look like this:
"c:\program files\quotetracker\stocks.exe" allowdup
"c:\program files\quotetracker2\stocks.exe" allowdup
(Note: allowdup is outside of the quotes and there is a space before it.)

After that final step, you can double click the 2 shortcuts and each will start a separate instance of QT.

For more answers to FAQ go to the QT forum.

How to Run Multiple Instances of QuoteTracker Trading Software

How to run two instances of QuoteTracker

Make a copy of the entire QuoteTracker folder, not just the stocks.exe file. (Ex. If your current folder for QT is "c:\program files\quotetracker" make a folder "c:\program files\quotetracker2" (or whatever)). Then copy the entire contents of the "c:\program files\quotetracker" folder (including sub-folders) into the "c:\program files\quotetracker2" folder.

After that, make a shortcut to the stocks.exe file in the new c:\program files\quotetracker2 folder. Your original shortcut should point to "c:\program files\quotetracker\stocks.exe" and the new shortcut should point to "c:\program files\quotetracker2\stocks.exe"

Both of these shortcuts now need the "allowdup" command line argument added to them in the Target box, so that they will look like this:
"c:\program files\quotetracker\stocks.exe" allowdup
"c:\program files\quotetracker2\stocks.exe" allowdup
(Note: allowdup is outside of the quotes and there is a space before it.)

After that final step, you can double click the 2 shortcuts and each will start a separate instance of QT.

For more answers to FAQ go to the QT forum.

Sunday 20 September 2009

A Sample Trading Plan

Jeff Quinto has a video on the CME website on how to setup a trading plan.
Here are the key topics Jeff suggests and my answers:

Which contract or stock will I trade?

I'm trading stocks and futures.

What time period will I trade?

I trade the first 3 hours of market open primarily, while liquidity is best.

What setups will I take?

I discretionary trade the automated signals I have created. I determine if the current market condition suites any trade signals my system generates and then I choose whether or not to take the trade.

What Risk parameters do I use?

I have a max daily stop loss in place in case I make too many bad trades.

What do I do after 3 losing trades?

I determine if I should stop trading based on if I'm feeling frustrated or if I should keep trading my signals until my daily max loss is reached.

What is my strategy for increasing or decreasing my trading size?

I trade 1-2 contracts for the initial position and only add to winners on clear trending trades (market internals heavily favor bulls/bears -ie TICK and NYSE A/D favor bulls/bears).

How many ticks or points am I trying to make per day?

I don't have a set target, I only take what I can get.

How many trades do I make per day?

I only make 3 to 5 trades per day on average. Most trading days only make 3 significant swings, so my primary goal is to be apart of the primary move or catch a reversal swing or continuation trade.

How long do I plan to hold winners or losers?

I hold winners as long as possible, scaling out as I see fit. I hold losers for as long as I need to as long as my stop is not hit.

How do I record my progress?

I keep a journal of my trades with trade statistics and a chart showing where I placed my trades.

Who do I call if my computer or internet has a problem?

I have stops in place for all my trades so I'm covered, however I can also access my account from my phone or call my broker.

A Sample Trading Plan

Jeff Quinto has a video on the CME website on how to setup a trading plan.
Here are the key topics Jeff suggests and my answers:

Which contract or stock will I trade?

I'm trading stocks and futures.

What time period will I trade?

I trade the first 3 hours of market open primarily, while liquidity is best.

What setups will I take?

I discretionary trade the automated signals I have created. I determine if the current market condition suites any trade signals my system generates and then I choose whether or not to take the trade.

What Risk parameters do I use?

I have a max daily stop loss in place in case I make too many bad trades.

What do I do after 3 losing trades?

I determine if I should stop trading based on if I'm feeling frustrated or if I should keep trading my signals until my daily max loss is reached.

What is my strategy for increasing or decreasing my trading size?

I trade 1-2 contracts for the initial position and only add to winners on clear trending trades (market internals heavily favor bulls/bears -ie TICK and NYSE A/D favor bulls/bears).

How many ticks or points am I trying to make per day?

I don't have a set target, I only take what I can get.

How many trades do I make per day?

I only make 3 to 5 trades per day on average. Most trading days only make 3 significant swings, so my primary goal is to be apart of the primary move or catch a reversal swing or continuation trade.

How long do I plan to hold winners or losers?

I hold winners as long as possible, scaling out as I see fit. I hold losers for as long as I need to as long as my stop is not hit.

How do I record my progress?

I keep a journal of my trades with trade statistics and a chart showing where I placed my trades.

Who do I call if my computer or internet has a problem?

I have stops in place for all my trades so I'm covered, however I can also access my account from my phone or call my broker.

Thursday 3 September 2009

QuoteTracker currency commodity bond stock futures chart layout



Gold is nearing 1000, JPY is the most bullish currency, the Canadian dollar and Peso are weakest currencies. Bond futures (ZN -10 yr bond future) has good correlation with JPY lately. ES and Crude correlation has also been good lately.

QuoteTracker currency commodity bond stock futures chart layout



Gold is nearing 1000, JPY is the most bullish currency, the Canadian dollar and Peso are weakest currencies. Bond futures (ZN -10 yr bond future) has good correlation with JPY lately. ES and Crude correlation has also been good lately.

Tuesday 1 September 2009

Market profile double distribution trend day

The Trading Library- Basics of Market Profile-
Today was a Double distribution trend day, characterized by two volume nodes and the session ending near its high/low.

Market profile double distribution trend day

The Trading Library- Basics of Market Profile-
Today was a Double distribution trend day, characterized by two volume nodes and the session ending near its high/low.