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Forums>StrategyQuant>General Discussion>SQX feature for snowrolling / adding to winning positions.

  • #260540 |
    Customer
    109 Posts

    I have seen some success with the turtles-style pyramiding for trending markets, and I’d like to explore ways to do this in SQX.

    IE: Once price breaks out of a range, buy and add to the position as it trends in the favourable direction, with tighter stop losses, up to a certain multiple of the original lot size.

    I see there is an option in SQX for max lot size at any given time, which can give you some kind of pyramiding when you enable multiple orders. This seems like a workaround, not an elegant solution.

    Are there any plans to add configurable pyramiding positioning?

    Thanks as always for the great work.

    #260541
    Customer
    109 Posts

    For anyone interested, here’s some reading on the topic:

    https://sites.google.com/site/prof7bit/snowball

    #260542
    Customer
    3 Posts

    I’m curious about this as well

    #260635
    Customer
    256 Posts

    You could do this via strategy template.

    #260654
    Customer
    109 Posts

    I did not know this.

    Will investigate further, thanks!

    #260692
    Participant
    86 Posts

    so no adding new position with locked trailing profits from running trade?

     

    #260701
    Customer
    19 Posts

    Hi K

    I did a fair bit of work on the Snowball on FF    but ultimately agreed with PipMeUp and concluded that the concentration of trades during trending environments was less efficient than a single trade at the outcome of a trend.

    Rich B

    #260702
    Customer
    109 Posts

    Not surprised you had dabbled in this :-)

    Great read. Thanks for sharing.

    I wonder if, with the right strategy and the right settings, we could achieve  trade pyramiding strategy that works.

    I’ll mess around with it in the coming weeks and report back.

    • This reply was modified 10 months ago by kasinath.
    #260704
    Customer
    19 Posts

    Cheers K

    But if you read between the lines, that is what we are doing with diversification. We take a diversified approach to addressing a multiplicity of different possible trend trajectories…..and not investing all our effort in a pyramiding approach along the same trend trajectory.

    Definitely have a mess around with it. It is a beauty to see in action on a long smooth trend….but it has a kick in the guts when addressing less well behaved trends.

    Snowball Anti-Martingale

     

    Rich B

    #260705
    Customer
    109 Posts

    So true .. so true..

    Thanks for that reminder actually. Better to ‘scale up’ using different trajectories.

    Will keep that in mind as I play around with it. It should be worthwhile still, if only for the learning experience.

    Thanks!

     

    #261353
    Participant
    86 Posts

    add to a trend on pull back

     

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