ESdataAlgo update

Trading and Markets
1

Just a quick update. ESdataAlgo will start earning TOS certification next week. I’m funding a separate account to keep it apart.

Disclosure: It will be used on a 5k account with $500 day trading margin as i’m comfortable with the risk/drawdown of the system.

Also converted a manually traded system to YMstrategy on March 28th. The reason i put it here to give an idea on the system with loose parameters, which can have 10% drawdown on a very bad day but also produce good winners at the same time. ESDataAlgo is currently on a tighter parameter till it builds up more equity.

2 Likes
2

looking good so far. TOS will be a plus. keep it up, i might sub when my other subscription runs out. dont want to have to monitor too many active strategy at once.

3

Is there a reason why sometimes the algo trades 2 es, does the algo add to a losing position?

4

Looks very good! I’ll watch and maybe join.

5

It will add up to 3 positions on what it determines to be intraday pullbacks.