Non forex strategies

Has anyone had any success using SQ for non forex strategies, such as metals, indices (e.g. FTSE100) or other more exotic things offered by brokers?

I’m going to start looking at UK100, US30, NDQ100 etc.

Perhaps they a more predictable and profitable things to trade?

I guess the answer is no then :rolleyes:

I tried on Australian index, but SQ doesn’t generated any strategies. Anyway, SQ data downloader doesnt provide indices data, and TickStory doesn’t have those in which I was interested in. 

I tried on Australian index, but SQ doesn’t generated any strategies. Anyway, SQ data downloader doesnt provide indices data, and TickStory doesn’t have those in which I was interested in. 

Hi,

TickStory Lite (which is what I use to download data) has S&P/ASX200 index.  I’m working on non-forex strategies at the moment.

Mike

I tried US30 before. I downloaded M1 data from Dukascopy, Alpari, and FXCM. However, it was really hard to generate good strategies even in all TFs and I thought it was not productive compared to currency pairs. Having said that, I want to try S&P500 and crude oil next  B)

Anyone try indexes, commodities or metals?  Any success?

I current have a few emini strategies incubating. They aren’t live yet, so I can not say I have money to show from SQ, but put them in incubation on IB last week, and each of the strategies is a few trades in now. Results are (more or less) in line with what I expected from SQ, except for 1 of them, which I might take down. That was a nice surprise, since I had a ton of concerns, from data, to modeled slippage, spread, etc..etc..etc..etc…I’m sure I don’t need to tell you about the list of concerns! 🙂

BUT, still not live with real money. Although on an IB paper account, with RT feed, so it’s as close to real as I get without actually being on my real account, but same conditions – machine, broker, data, etc.

Right now, I’m just doing ES, but from here, I go to YM, the FDAX, CL, etc….I never really got in to Forex, so probably not Forex. Maybe I go to some ETFs like QQQ, SPY, etc..etc.. etc, once I get more comfortable with the whole automated trading thing…who knows. I just wanted to start out with something to learn automation, and the ES was a good place to start.

As someone further up the thread pointed out, for non-Forex, you have to address data first, but that’s not really such a hurdle. I mean, almost any RT data provider let’s you pull at least “a few” years of back data. My vanilla Kinetick subscription gave me back to early 2000s, and it wasn’t to hard to buy the data from there back to eminis starting. Confidence, in that data, is another thing, ofc….eheh. 

So, non-Forex, not real $ (yet) but closing in on it (hopefully). I guess I go from incubation to real money in a ~2 months or so (advice seems to be ~3 months minimum, at least 30+ trades to study incubation results), assuming they keep doing ok (with more strategies coming through every week).

S&P very easy to find long-only strategies on. If you buy S&P each time it has 3 consecutive down days and sell on the next open that ur in profit, its like 90% win ratio. Incredibly simple no-brainer strategies absolutely kick ass in it. Its very dumb/easy happy-herd-mentality market (except this summer/fall/winter collapse coming 😉 ). You could flip a coin and buy on heads each open and exit at close and its a winning strategy in S&P500. Its been proven. For the above reasons, its also why it crashes so brutally hard.

Symmetrical and non-symmetrical FX strategies (especially intraday) is one of, if not THE hardest market to build on.

Commodities and ETFs tend to have the best patterns.

S&P very easy to find long-only strategies on. If you buy S&P each time it has 3 consecutive down days and sell on the next open that ur in profit, its like 90% win ratio. Incredibly simple no-brainer strategies absolutely kick ass in it. Its very dumb/easy happy-herd-mentality market (except this summer/fall/winter collapse coming 😉 ). You could flip a coin and buy on heads each open and exit at close and its a winning strategy in S&P500. Its been proven. For the above reasons, its also why it crashes so brutally hard.

Symmetrical and non-symmetrical FX strategies (especially intraday) is one of, if not THE hardest market to build on.

Commodities and ETFs tend to have the best patterns.

….have you been in my account??  😉

The long only, buy and hold, “investor” side of me (401k, etc.) is so cashed up, and praying for total collapse (although, that’s not buy and hold, but you know what I mean – the part that has a time frame longer than what’d you’d usefully put on a tick chart). I keep hoping for 2008 again….I thought the last 3 weeks the big one was finally coming (again), but alas.

The “trader” part of me is so…meh, who cares. The best quote I ever heard from a trader type when asked “where will the market go next” on something like CNBC (I forget exactly where, but something like that), was “I don’t know, and I don’t really care if it goes up or down”. Pretty much sums it up.

Not sure if you really want another 2008, because this time it might be worse and the money you gain with your short trades during such a crash might be worth absolutely nothing anymore after the crash since the whole system could collapse. You might rather need to hunt your own food after such a crash and protect yourself from anarchy, so go and rather learn that if you think another 2008 will happen again and be careful with these wishes……. 🙂

Not gona discuss in detail what I think is gona happen but definitely 25-30% decline by mid2017 in S&P then probably more bailouts I’ll say (which will ultimately just delay and compound the underlying real problems, there needs to be massive global deleveraging, not central banks pumping equity bubbles). Every major US Bank is now going short and recommending gold as well as many major US hedge funds doing the same… Central banks now buying 14% annual gold supply (highest since 1960s) vs avg 4% last decade. The largest buyer of equities the last 18 months has been companies buying their own stocks back and even that has declined this past quarter. And technicals are confirming lower peaks and lower lows in S&P. A crash or bear market  is coming, does that mean 2008? No (maybe). But a decline, and equities notoriously don’t decline gracefully. USDJPY has already been signalling this.

Get your guns ready. jk 😀

Not gona discuss in detail what I think is gona happen but definitely 25-30% decline by mid2017 in S&P then probably more bailouts I’ll say (which will ultimately just delay and compound the underlying real problems, there needs to be massive global deleveraging, not central banks pumping equity bubbles). Every major US Bank is now going short and recommending gold as well as many major US hedge funds doing the same… Central banks now buying 14% annual gold supply (highest since 1960s) vs avg 4% last decade. The largest buyer of equities the last 18 months has been companies buying their own stocks back and even that has declined this past quarter. And technicals are confirming lower peaks and lower lows in S&P. A crash or bear market  is coming, does that mean 2008? No (maybe). But a decline, and equities notoriously don’t decline gracefully. USDJPY has already been signalling this.

Get your guns ready. jk 😀

Not sure if you really want another 2008, because this time it might be worse and the money you gain with your short trades during such a crash might be worth absolutely nothing anymore after the crash since the whole system could collapse. You might rather need to hunt your own food after such a crash and protect yourself from anarchy, so go and rather learn that if you think another 2008 will happen again and be careful with these wishes……. 🙂

ahaha…remember, it’s not about how many guns you have…ultimately, it’s about your ammunition supply (and water)! 🙂

I think it’ll be a process of markets ratcheting down, as the FOMC tries to figure out how to turn off the money tap and slowly push interest rates up. Then people with mega cheap borrowed money to pay for a lifestyle they suddenly realize they can’t really afford, or invest as much as they thought they could in long only, or buy and hold will cause the unwinding, as they take money out of markets. Not sudden shocks and crashes etc (but we always get a few of them anyway, but in this specific case).

BUT, anywhoo, that’s not really about SQ, taking the thread way off topic, not trading or related stuff, and I for sure am not an economist. So, I’m gonna go get me some more ammunition and coffee (to drink, not as in CME coffee 🙂 🙂

I vaguely think it was Van Tharp who did it in one of his books. If not, then Larry Williams in “Long Term Secrets to Short Term Trading”. But I am pretty sure it was Van Tharp and Tom Basso because they were one of the early people to publicize random-entry tests. They’re most noted for the “random entry/ATR trailing stop system” that outperforms in basically all markets over the very long term, daily timeframe obviously. Check out “Trade your way to Financial Freedom”, pretty sure its in there.

If you have TradeStation Kevn Davey has code on his websites and books that allows you to do “random entry” and you can even code it and test it yourself.

ahaha…remember, it’s not about how many guns you have…ultimately, it’s about your ammunition supply (and water)! 🙂

 

I think it’ll be a process of markets ratcheting down, as the FOMC tries to figure out how to turn off the money tap and slowly push interest rates up. Then people with mega cheap borrowed money to pay for a lifestyle they suddenly realize they can’t really afford, or invest as much as they thought they could in long only, or buy and hold will cause the unwinding, as they take money out of markets. Not sudden shocks and crashes etc (but we always get a few of them anyway, but in this specific case).

 

BUT, anywhoo, that’s not really about SQ, taking the thread way off topic, not trading or related stuff, and I for sure am not an economist. So, I’m gonna go get me some more ammunition and coffee (to drink, not as in CME coffee 🙂 🙂

Stumble upon this thread, interesting to see the discussion leads to Total Financial Collapse. seems like you guys are preppers…  😀

Just share with you my personal humble view from this part of the world, I think the big CRASH will for sure happens, may not be soon, but perhaps our next generation will have to face it.

Why I say that? because of the law of cause and effect. Imagine someone owes the bank huge sums of money and the interest is pilling up faster than he can clear them, every month he goes somewhere to borrow some money (think “print money”) to pay off part of the interest… and his debt  snowball. The system is faulty since the day it was unpeg from gold… “One cannot get something out of nothing” and get away with it. Karma will catch up… 

The whole system is rotten, basically kicking the can down the road. The CRASH will be a hard reality but the world has to go through it and to “RESET” the system. 

When the TFC comes, our money with our broker account may get stuck and we may not be able to withdraw… so “spread the risks…”

One of my portfolio is physical gold  🙂

Good read

http://www.businessinsider.com/are-there-any-currencies-backed-by-gold-2012-3?IR=T&r=US&IR=T

You can run but, you cannot hide…

Make hay while the sun shines …

Make money while the system is still working – CMKCMK  😉

Okay okay!, I know I am also digressing too much…  :wacko:

Hi Cujo,

 

Does IB stand for InteractiveBroker?

Yes.

I took one of the strategies down earlier today, in prep for Sunday (futures) open as I think I made an error when doing walk forward and the results were bad when I re-ran it. Actually, I’m sure I’m making tons of errors, so probably more accurate to say I found an error even so obvious I could see I made a mistake.

I have 6 strategies now incubating live – 2 sets of the same strategy, 1 of them walk forward optimised, with 30 day IS vs 30 OOS, so May would be the OOS vs same strategy not optimised…just to see how they go.

Anyway, yep IB is Interactive Brokers, on NinjaTrader. IB’s paper account is better than NT simulation, but you need to have a funded account to use it (I think).

Thank you.  I have a funded IB account but no way to deploy my SQ algos on TWS.  I’ll look into NinjaTrader. 

SQ, NT and IB work pretty well. My only quibble is SQ is great for NT 7, non-existent for NT8. There is a script kicking around on the NT forums to convert NT7 scripts to NT8, but it’s not 100%, and SQ/NT7 works well anyway.

To run NT7 with TWS, you can’t keep NT logged in all the time (not a problem with discretionary, but maybe one for you if you pure algo trade). You need to use the IB Gateway (which NT8 works well with, but not NT7). For NT7 and IB Gateway, you need something like IBGW4NT7, without TWS. But it works fine, and there’s a few ways to do this.

Practically…for NT8, the biggest differences (for me) are the silly little things like tabbed charts (you can get them in NT7 with the Rainbow plug in, I think, haven’t tried it though), greater depth on the Dynamic DOM in NT8, that sort of thing…and easy, virtually plug and play SQ strategies. I can go from SQ databank to running it in NT7 on my VPS in a few moments…not so with NT8.