dax systems

[jimmy1]

Hi
Does anyone trade the dax on an automated system ?
Ive been running a cci system which fairs well but has big draw downs thus i do not find it stable for small accounts... do any of you have ideas that take small pieces out the dax with smaller draw downs?
cheers
jimmy1 :idea:

 

[twiggytwo]

Dax system

Hi jimmy1,
I dont know of an auto system for the Dax but I can tell you that last week after Thursdays close 24th March,
the Indicator I use for trading the Dow gave a Bullish signal for the Dax I do not trade the Dax so the best of luck with it ,
this is not trading advice to anyone
regards

 

[ddunne82]

Jimmy,

I tried to create an automated breakout system for the eurostoxx 50 but found that the daily range was just too tight to make it worthwhile. However, the issue i have with the european the indices and an automated breakout strategy is that in a large number of days, the european day often breaks into 2 - the morning (acts independant) and the afternoon (follows the US). I am currently working on a breakout for the dax from 08.00 to 13.00 (GMT). This negates all major US economic data releases which often happen at 13.30 and any turnound from across the pond.

I am only working with statistics and dont have the programming know how on how to test it so once i have completed the stats part of the research, i'll post it and let you programming whizz kids free and see if i'm onto anything.

By the way, i am testing the dax futures front month - not cash.

David

 

[jimmy1]

im working on a model on the dax but it uses the whole trading day i have not realy broken it down into 2 parts, do you use tradestation? or are your stochs all manual?

 

[cd173]

Hi David

I got a similar system set up for backtesting on IRT. I've got data from about mid Sept 04 onwards for the stoxx.

Drop me a pm if you'd like me to test it for you.

Cheers
Chris

 

[ddunne82]

Jimmy,

I do it all manually as i have absolutely zero idea with programming! Just use basic excel and access and that gives me a heads up as to whether what i am testing has any statistical significance. If it doesnt, then say hello to mr bin!

David

 

[ddunne82]

Jimmy,

Just finished the basics for the dax and the data (jan 04 to jun 04) indicates that the breakout range with the most potential is the 80 min range (8.00 - 9.20) with a close on 13.00. If you could test this and then we can discuss other improvements such as stops/trend direction definition if the initial results prove positive. There is a natural stop already created at the opposite end of the range but perhaps some kind of trailing stop might be an idea.

Let us know how you get on.

David

 

[oildaytrader]

Did u guys ever finish this system?

 

[oildaytrader]

some free automated systems on dax posted here

http://www.trade2win.com/boards/gen...08-learning-profitable-automated-trading.html