Tams

That is unusual. Have you check to see at what time was the slip? Was it the opening bar? or at 9:30am when the stock market opens? I noticed your back test is from 2008. Bear in mind that there were some fast market actions during that time. Also bear in mind some of the daily trading ranges and intraday oscillations were wider than normal.

I am glad to hear that your system is producing profit, even with a 5 pt slippage. It seems this strategy has potential.

according to their news release, the new TS version is multi-threaded, but not yet multi-cored. The new multi-thread would make TS run a bit faster than the previous non-multi-thread version. I might be wrong, after all, multi-core is not new, they should have this done a long time ago. I know people have tested it side by side with MultiCharts, and it is still slower than MultiCharts. You can take a screen shot of the taskmanager, it will show you whether TS is running multi-core or not. Why would they want to do that ???? Tradestation has the better data management system of all the charting software on the market.

Yes, Nassim Taleb's book is a must read for all traders.

on the IB sim, were you using the papertrading account? or the demo system? The papertrading account is supposed to be a mirror image of the real account -- same data feed, same execution, only with fake money. the demo system is not real. It uses day-old data. It is good for testing codes, but not a sim account per se.

1st problem: Your ETD is too high. ie. your system is not efficient. You are giving back too much of what you have earned. 2. your average time in the market is only 3.1 min. It is not exactly a bad thing, but when you are only doing less than one trade per day, then your system is neither riding the market, nor scalping the market. ie. you are letting most of the profit potential passing you by. You can only make money if you are in the market, if you are standing on the side most of the time, then I would expect the system to be very diligent in scrutinizing trade opportunities, and the system would enter a trade only under high probability situations. When the system enters the market, the trade has better be good... ie have a high profit to loss ratio. But your stat is showing a scalper's win-loss record.

if you are trading with market orders, I afraid that 1 pt slippage is not enough. on the average, 5 pts is more realistic. This is HSI we are talking about. It is brutal when it comes to spreads. But once it moves, if you are on the right side, you don't care about the 5 pt spread, you are aiming for the big pay off.

MC pretty well started as a copy of TS, but have evolved. The charts within workspaces are the same. You can download a 30 days free trial to test out your indicators. You will find MC runs a bit faster, because it uses all the cores of a multi-core CPU, while TS is only multi-threaded.

which sim account you are using? If you are using IB's papertrading account, that's not too bad. Others are not as trustworthy; most sim accounts tend to give you a fill where no fill is possible in real life. You must check to make sure the trades went through the price, otherwise it should not count as a trade. If you are using stop loss orders, expect real life stops to have large slippage. HSI is thin, it is not kind to stop orders. If many occasions, when the market is thin enough, the insiders will go to grab your stops. You will not be able to see this in a backtest situation.

from this chart, you are not doing any better than 1:1 ie you are risking one dollar to make a one dollar profit. whenever you have a system that is so close in profit loss ratio, you are just working for the broker. At the end of the month, you will find you are paying more in commission than net profit. If you have a black swan event (look it up if you are not familiar with the term), you will wiped out a year's profit in one trade.

I am not sure if I would go live with these statistics. Heng Sang is a big mover, you will need capital. Draw down is the norm in an auto-trade system, especially HSI. If you can't handle the heat, try something else. If you look at the HSI daily chart, you will like the profit potential. The killer is in the detail... zoom in to the minute level and you will see the whip saw oscillations. You have to back away from the whip saw to make the long term big money. If you try to capture the whip saws, the whip saw will capture you.

you can import most of the Tradestation indicators into MultiCharts. "most" means not 100%. it is easier to import TS indicators into MC than the other way around, because MC has added a host of new keywords that are not available in TS. eg. sub-minute analysis keywords. some indicators might need minor adjustments. eg. if the indicator has multiple plots, MC would place plot1 at the lowest layer, while TS would place plot1 at the highest layer.

you did not see the next frame... the tiger had a nice meal after sex.

here are couple of examples which might help you to visualize the material... you can find the EasyLanguage code here: http://www.traderslaboratory.com/forums/trading-indicators/5949-shifted.html 72.41

. ...... a total waste of time .

. notice to all traders:

another idea month31 = jan or mar or may or jul or aug or oct or dec; if month31 = true and day = fri and date >= 29 then last.trading.day = true;

keep plugging, you are on the right track

there is no direct keyword for such a function; you have to build yourself a filter. eg. if month = jan and date = 29 and day = fri then last.trading.day = true;

people's imagination (fantasy) might go wild.

I think you have already answered your own question, you just have to accept the inevitable answer.

wahahahahah... you ruined everything.

not sure if I understand what you are asking.

I still don't get it. :rofl:

no because we are learned, and you are not.