If 5 trades are allowed on one strategy and there are MOO exits and new MOO entries at the same time, the number of open trades could be above 5 for a few seconds.
So shouldn't you limit the number of open trades to 5 for the thresholds, but rather set the number of entry orders filled to 5 so that the symbol rotation works?
So shouldn't you limit the number of open trades to 5 for the thresholds, but rather set the number of entry orders filled to 5 so that the symbol rotation works?
Rename
Why would you use thresholds for a rotation strategy?
It's no rotation strategy. It's a "normal" limit Dip Buyer.
I tried to trade the knife juggler to test real money trading with limit entrys...
I tried to trade the knife juggler to test real money trading with limit entrys...
Sorry, I ran with the last thing I read, "so that the symbol rotation works".
The Knife Juggler doesn't have restrictions on the number of positions it can hold - it's only limited by Buying Power. What's your goal here?
The Knife Juggler doesn't have restrictions on the number of positions it can hold - it's only limited by Buying Power. What's your goal here?
I am running this knife j. system with 20% of equity. so there are 5 trades "allowed".
If you use market on open entrys & exits - sometimes the new entrys are executed a few seconds earlier then the exits.
So you leverage your account for seconds...and there are more than 5 open positions.
Now, if the threshold is set to 5 open positions, does that cause problems?
Could this lead to a trading stop taking effect (threshold) and no further orders being executed?
If you use market on open entrys & exits - sometimes the new entrys are executed a few seconds earlier then the exits.
So you leverage your account for seconds...and there are more than 5 open positions.
Now, if the threshold is set to 5 open positions, does that cause problems?
Could this lead to a trading stop taking effect (threshold) and no further orders being executed?
There are so many variables, you have to do what works for you. Is it cash or margin account? Are you really trading 20% of the buying power of the account for each position? Or is it just a 20% of some partial allocation of the account? Are there other positions that the strategy needs to ignore in the account? Does it really matter if you have more than 5 open positions for a short time?
A backtest has to make several assumptions, are you making the same ones? For example, if you exit at profit limit, that frees up a spot for another position - but the backtest isn't able to add another position for that day (bar).
A backtest has to make several assumptions, are you making the same ones? For example, if you exit at profit limit, that frees up a spot for another position - but the backtest isn't able to add another position for that day (bar).
In fact - you are right - there are many questions that would go beyond the scope of this discussion...
And by the way - thanks for the last paragraph. That would have been my next question, which is answered here.
Thanks for the great support!
And by the way - thanks for the last paragraph. That would have been my next question, which is answered here.
Thanks for the great support!
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