Friday, February 06, 2009

Add a Service: Who to Bring into the Fold

At the San Diego meetings I pitched that Trade-Ideas could add a partner's service that would appear as an additional alert offering within Trade-Ideas PRO.

This got a positive reception and now it's something I want to pursue.

However as partnerships go, some partners start and stop themselves, so in an effort to keep the ball rolling, I have an idea.

Why not make it an open question and ask what other service or services you'd like to see as an alert through Trade-Ideas?

Taking names.

9 comments:

Anonymous said...

WhatTheTrading @TradeIdeas I vote for adding e-mini futures to your service
about 7 hours ago from TweetDeck in reply to TradeIdeas

Anonymous said...

What about creating a marketplace for settings, ie. I have a setup backtested to 80% win rate with good gain/loss $ and am willing to sell that setup.

thanks

D TradeIdeas said...

It's a good ideas - and we have plenty of places where such a forum could be held (e.g., our support forum, Twitter, etc.). Problem is that a strategy with great results one week, could move out of favor the next with a market change. That's why its important to constantly tweak the strategies or create new ones while backtesting to see (or not see) where the advantage lies.

If you've found something that is consistently good, we can bring some attention to your efforts here on the blog and in the places I mentioned above (you could even start your blog as well). Let me know what you think!

open_source_trader said...

These might be "partner specific problems" (aka E*trade Pro), but if I wanted to limited the time of day particular alerts appear, say alerts that signal @ market open. I know the back testing with OddsMaker allows the user to select when alerts trigger trades in its settings correct? However, being able to limit how often alerts appear in the same security would be nice.

Also, don't know if this is related to alerts, but since the trading robot isn't out for E*trade, I believe the best way to enter orders automatically is through Excel, perhaps a function to send signals to "Excel" would work.

*I'm also playing with this myself with the developer resources... I guess I'm just curious if there has been any work on that (-;

D TradeIdeas said...

You are correct about the use of The OddsMaker to determine when during the market certain trading advantages exist given a strategy (that's the point of our recent blog post SHORT – Lunch Time Fade Strategy)

With regard to limiting the amount of times a alert triggers for a particular stock, try our Min/Max Count Filters, defined here: http://www.trade-ideas.com/Help.html#WSF_MinCount

Anonymous said...

I have oddsmaker results going back to october of 2007. I would test the settup every 2 weeks. It has ranged from 78% to 84% with 99% casino rate and consistant win/loss 2.5 to 1. I have hedge fund interest. Will let you know what happens.

D TradeIdeas said...

It's great to hear someone prospecting for gold and finding ti with our tools. Ride it for all its worth - it sounds like a strategy that weathers the changing markets well.

Anonymous said...

Please add the NY barometric pressure alert. When the barometric pressure runs up or down the market gets more volatile. This indicator blows away stupid bollinger bands and opening range breakouts that always go the opposite way you decide to play them that day.

thanks

D TradeIdeas said...

Funny. I'd like to see how good that indicator is! Thanks