Tuesday, 16 August 2011

First Sequence This Morning

The Algo Workshop info and video is in the TAB above this post.

The DAX chart below shows the trading sequence just after the futures opened. The ES was down in Asia and the DAX opened down and went lower.

As you can see, some of the trades were entered by Flo and others by me manually.

In configuring an algo, I start with my main objective. It can be: Most $ Won or Highest Win Rate, or Lowest Drawdown or Fewest Trades or any number of things.

Once I have decided on that, I configure the other bits of the trading logic to align with that particular main requirement.

As you can see in the picture, there were some great trades that I had filtered out of Flo as I had a certain requirement in mind when I configured her. However, it is very easy to add and remove and tune filters.

In fact, the starting point is to do everything in indicator format so I can decide which filters I want to use. My config will be different in hybrid to fully auto. I need to make my fully auto Flo much more robust than a hybrid model, as I won't be paying attention to the auto one.

We'll be dealing with all these aspects and more in the workshop. BTW, the new indicator, Tuggerah, that you see on the chart below is something I added to Flo for dynamic exits and discovered it is useful for entries too. The harder I work, the luckier I get.


  1. Hi Tom,

    interesting staff on your blog.
    can you share your past statistics using FLO, automated or/and manual execution?


  2. Anon 23:10, I will be doing a weekly post on auto/hybrid starting on Monday, with stats.