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Searching for trading strategy help from Miami


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miamiflow1012
Miami, Fl
 
Posts: 11 since Apr 2017
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I have a strategy i tested by hand for 6 months on a daily basis with raw data from wsj and i would like to find some help from someone that wouldn't mind speaking to me or reviewing some of the documents of research i did.

My ultimate goal would be to figure out a way to set it up as a screener or backtest it on history of futures but i am not sure if it is possible!

My fear is someone telling me that my strategy or formula already has a name.

In short my formula:

I found that on certain futures contracts a gap of x between the close and open translates to either a trend in the same direction or opposite. The x depends which direction.

Please please i would love to get some feedback on this asap! Open to everything! Thanks


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  #2 (permalink)
 MacroNinja 
Buenos Aires Argentina
 
Experience: Advanced
Platform: NT, MT4, Sierra
Trading: S&P, Bonds, Crude, FX
Posts: 250 since Sep 2014
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Thanks Received: 257

Sounds like you're looking at a gap close strategy and need a few factors such as open interest, volume, etc to determine if it's 'gap and go' (i.e. trend continuation) or a gap close mean reversal before resuming the trend.

You may also need to get a better data source for your database unless you're simply looking at open/close prices.

I can probably spare 5-10 minutes to hop on Skype if you want to PM me to set up the call.


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Last Updated on April 9, 2017


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