[GlenPeake]

You can load/send your orders into BasketTrader and then shutdown you PC/Laptop…. orders will be processed normally.

If you’re using Multi-Day MR systems and you have SELL orders that need to be processed before any new BUY orders can be sent, as you’re using a CASH Account (No Margin etc)…. Then I set a “GoodAfterTime” in the BasketTrader template……. e.g. 09:30:30 US/Eastern

This way any SELL orders will be processed on market open (this will then free up cash in the cash account) and new buy orders will be sent at the GoodAfterTime 09:30:30 US/Eastern etc….just after the market has open and the SELLs have been processed etc.

Let me know if you need more details on this one…

[GlenPeake]

FWIW;

I’m still trading as normal….. no adjustments to any positions. Still trading MR systems and placing orders everyday… Was basically 100% long in most of my multi-day MR systems since late last week, so some DD there….. SELL order’s being placed tonight in MR’s, as the system has generated SELL signals etc and placing BUY orders for new setups in MR’s as per normal.
 

[GlenPeake]

JULY 2024

ASX
WTT +5.32%
ASX100 RTN -0.95%
XSO RTN 0%
ASX LSS +8.70%

US
MR#1 -3.50%
MR#2 -5.22%
MR#3 -0.45%
MR#4 -3.92%
MR#5 +6.53%

NDX100 RTN -11.18%
R1000 RTN -5.57%

US LSS -0.14%

Monthly Total Account: +1.93%

---

I’ve been working on a ‘Pattern Recognition Alert Dashboard’ for the ASX, for the primary use of detecting low risk candlestick setups based on Real Time Intra-Day data for my ASX LSS (LeTour Swing System)….. e.g. with the capability of detecting candlestick patterns/setups in Real Time using 5min, 15min, 30min or 1hour candlesticks.

I was reviewing a product called Iguana Spark https://sparktrader.com/, which has ASX Real Time Data and an RTD plugin for Excel to ‘send’ Real Time ASX ‘tick’ data to Excel, from there my intention was to create the ‘Pattern Recognition Logic’ and thereafter, the Real Time Alert/Dashboard.

Spoke to Nick who suggested reaching out to Scott Lindsay @ XL Automation (Share Trade Tracker) Excel consultants, to see what they could offer. Spoke to Scott and sent him a Detailed Design document approx. 9 pages on what I was looking for….. Scott wasn’t confident that it was possible and couldn’t guarantee a solution, but offered a pay as you go hourly rate, Research/Development ‘best effort’.

…..so I did a little more research and found an alternate solution using TradingView…… TradingView doesn’t have the capability ‘out of the box’ to scan/screen for CUSTOM candlestick patterns…….the built-in Screener is fairly restrictive in that regard……..However, you can ‘code’ around it and create a ‘custom’ scanner capability (required some coding, similar coding language to AMIBROKER)

Pleased to say, that I’ve got a prototype going and I’ve been testing it for the past 2 days and so far, it looks the goods. Provides alerts in Real Time based on ‘any’ intraday candlestick time frame on the ASX, can bulk scan multiple symbols, up to a max of 40 symbols defined by the user….. This solution will also work on the US markets as well, which the alternate SPARK/EXCEL solution would not have been able to cater for.

[GlenPeake]

[GlenPeake]

Yeah….thanks for the updates/feedback……

I kind of figured I wouldn’t be alone in noticing this ‘blip’ on the ‘market radar’….

[GlenPeake]

Just when the month starts off positively and most systems are well into the positive % return and you’re on the cusp of new equity highs…… Mr Market decides to come along and slap you across the face……..

In a nutshell, the slap came from NDX100/R1000 RTN and Mean Reversion trades/positions…. not a single green (US) position overnight across all systems….can’t remember the last time that happened.

Oh well, seen it before and we continue onto the #Next1000Trades

[GlenPeake]

JUNE 2024

ASX
WTT -2.95%
ASX100 RTN +1.50%
XSO RTN -7.75%
ASX LSS +0.58%

US
MR#1 +2.15%
MR#2 +6.24%
MR#3 +8.48%
MR#4 +3.70%
MR#5 +1.68%

NDX100 RTN +7.49%
R1000 RTN +0.16%

US LSS +1.31%

Monthly Total Account: +0.41%

[GlenPeake]

My MR’s picked GME again this week, entry circa $23.50 for a multi-day hold….. will be sold on next OPEN.

Currently circa +30% gain….. I didn’t even bother looking at the tickers prior to placing the orders.

(Fair enough to cull the orders on the Short side, I’d probably do the same, or manually reduce the position size)….

I just close the eyes and keep pushing buttons.

[GlenPeake]

Sean Murphy post=14766 userid=5450 wrote:

This is a big outcome from me starting the mentor program Glen. I may not be a whiz at strategy building, but the bones are there!
 

I would argue you’re ahead of 99% of the other punters out there…… Strategy Whiz or not….

[GlenPeake]

Thanks Scott…. just chipping away at the #Next1000Trades

[GlenPeake]

Congratz on the month and good luck with the self managed strategies….. I’m certain they’re in good hands!

Nice to see you’re also holding $CU6.au….. It’s been on a cracking trend…. I’m also holding it in WTT and LSS

[GlenPeake]

Hey Terry….. Thanks for the update. Unlucky on the short side by the sounds of it….

One thing that goes through my head in relation to backtesting a system and trading a system….. (I’m going to borrow a line from the movie The Matrix here).

“…..There’s a difference between knowing the path and walking the path…..”

Knowing the path  = is running a backtest(s)…. over the past 20 years and seeing all the ‘small bumps’ and the up trending equity curve.
Walking the path = is trading the system day in day out…. through all the (emotional) swings and roundabouts.

Probably not overly helpful at the end of bumpy month, I know…. but it came to mind after reading your thoughts and just thought I’d share it, as it’s something that goes through my mind during bumpy trading periods.

[GlenPeake]

Thanks Nick!

Hopefully we see the market kick higher after this small correction and start the wave-(iii) of 3, as Scott and Pete have been talking about on the nightly videos.

A combination of my Index Dashboard and their comments around Type A Bearish divergence on the Indexes, resulted in me being cautious at the start of May for the LeTour Swing Systems etc….

[GlenPeake]

MAY 2024

ASX
WTT +6.10%
ASX100 RTN 0%
XSO RTN 0%
ASX LSS +22.26%

US
MR#1 +13.42%
MR#2 +10.03%
MR#3 +9.32%
MR#4 +12.30%
MR#5 +1.29%

NDX100 RTN +9.85%
R1000 RTN +8.86%

US LSS -3.05%

Monthly Total Account: +8.15%

---

$AZS left the portfolio on the back of the Scheme offer @ $3.70… have re-balanced these proceeds into the WTT positions…. so should start to see some movement in the % again…
https://x.com/LeTourTrader/status/1786336732314829068

The ASX LSS system performance primarily came from the move in $CU6. Limited number of trades this month as the Index Filter has been RED
A nice catch on $VUL here:
https://x.com/LeTourTrader/status/1791683365382259033

Similar story in US LSS system, Limited number of trades in the earlier part of month as Index Filter has been RED. Was up 2-3% a couple of days ago, but got caught in the sell down these past 2 days.

A nice analysis of my trade in $ARM here:
https://x.com/LeTourTrader/status/1795680525669282116

A nice trade in $AMC
https://x.com/LeTourTrader/status/1790613496826306815

MR system performance…. fairly consistent across the board. Traded $GME multiple times on the LONG side, for a NET Positive result.
The pick of the MR trades in $GME here:
https://x.com/LeTourTrader/status/1795675369087107424

 

[GlenPeake]

A have some Long orders for my MR systems for $GME tonight…. LIMIT price in the mid $20’s…..

I’ll let the system do it’s thing and then see if they get filled…..

[Author]

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