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Spread Tr@ding Tools


tick

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Hi Tick

 

Thank you so much for all the indicators you shared with us.

 

I like clubbing but not sure if that spread thing is any good- do you think it can give an edge ?

 

The tool main pro is showing when the spread is distant from its mean.

It also remove the tedious execution/trade management for multiple instruments.

The 2nd example video shows it looks for spreads and ranks them too.

Other than that would need testing the extra features, but the previous ones are already great value.

 

With spreads, basic strategy is reversion to the mean. Because the instruments are highly correlated.

You look for when the spread curve is overextended in relation to its mean.

Then directionlessly long/short the pair. Then wait for the spread curve to get close-r to its mean.

 

 

Example 2:

https://ibb.co/LzsfT1H

 

1st leg curve (NQ) is close to 2nd leg curve (ES).

Spread curve(7744) is (still) distant enough from its mean (7720).

Spread curve is above its mean.

 

Trade plan:

Short the faster instrument (NQ) vs long the slower instrument (ES).

Entry: 7744 (Spread Curve)

Exit: 7720 (Spread Curve).

 

 

Example 1:

https://ibb.co/TmbQSTR

 

1st leg curve (CL) is distant to 2nd leg curve (RB).

Spread curve(-14.54) is (still) distant enough from its mean (-14.8).

Spread curve is above its mean.

 

Trade plan:

Short the upper curve instrument (CL) vs long the lower curve instrument (RB).

Entry: -14.54 (Spread Curve)

Exit: -14.74 (Spread Curve, the closer to the mean the better).

 

 

Spreads pros:

Directionless.

Less Margin.

Less risk.

 

Spreads Cons:

Risk: Don't know when the spread will get closer to it's mean. Can only guess the extended sweet spot distance to its mean.

More commissions.

 

Very basic understanding everyone should get of spread above. More should be available from the SpreadProfessor Futures Spread Trading Course.

 

Also sums the basic concepts:

https://clubbingbuy.com/threads/spre...-2#post-326628

Edited by tick
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I have the spread tool mentioned above and although it does its job of sending orders, I think it is very limited when it comes to choosing assets. Maybe the code can be modified for other assets, I don't know but I think it greatly limits the operation.

 

The course, however, seems very complete, thanks for mentioning it.

 

Beyond trading futures on intraday charts, spreads are a very good and profitable option but they require a learning period like everything in life...

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I have the spread tool mentioned above and although it does its job of sending orders, I think it is very limited when it comes to choosing assets. Maybe the code can be modified for other assets, I don't know but I think it greatly limits the operation.

 

The course, however, seems very complete, thanks for mentioning it.

 

Beyond trading futures on intraday charts, spreads are a very good and profitable option but they require a learning period like everything in life...

 

 

Thanks for the experience feedback.

Do you have the latest one with 12 default instruments?

 

It should not be too hard to add new instruments in the code it we can get them in an enum / dropdown.

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Could you get the

 

Added Trailing Stop, Bid Ask Spread Width for entry, XML update

 

** Update 5/8/2023

 

h@@ps://hftalgo.gumroad.com/l/jrnlr

 

It should mean less code to update with the latest one.

 

Yes is this:

 

** Update 11/14/2022

 

Added Trailing Stop, Bid Ask Spread Width for entry, XML update

 

 

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*--*-*

 

 

** Update 5/8/2023

 

Easier to Install, updated Readme

 

https://www.sendspace.com/file/xba95z

Edited by Mestor
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Yes is this:

 

** Update 11/14/2022

 

Added Trailing Stop, Bid Ask Spread Width for entry, XML update

 

 

*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*--*-*

 

 

** Update 5/8/2023

 

Easier to Install, updated Readme

 

https://www.sendspace.com/file/xba95z

 

 

 

Good, can you check the code for "enum"?

should look like this

https://www.w3schools.com/cs/cs_enums.php

 

if not there, look for "instrument"

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Good, can you check the code for "enum"?

should look like this

https://www.w3schools.com/cs/cs_enums.php

 

if not there, look for "instrument"

 

I don't know if you mean a drop-down list...

 

I don't understand much about C# code but it seems to me that here are buttons (1,2,3) that make a call to the .xml file (link1) and that file is the one that contains the instruments

 

https://www.sendspace.com/file/jugop8

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I don't know if you mean a drop-down list...

 

I don't understand much about C# code but it seems to me that here are buttons (1,2,3) that make a call to the .xml file (link1) and that file is the one that contains the instruments

 

https://www.sendspace.com/file/jugop8

 

++++++++

 

Good. From the middle screenshot looks like there's a specific .cs template script per instruments pair (SpreadTraderNQES.cs,

SpreadTraderNQYM.cs,SpreadeTraderESYM.cs, etc. for the 9 remaining instruments pair).

Are those or similar .cs template script files present in the project?

The right side screenshot looks like just for alerts.

 

Moreover are the Leg1: and Leg2: fileds read only or can they be entered custom instruments values/have you tried custom values in these and checked if they get charted in NT?

If read only, and there's indeed custom template for each instrument pair that'd be more work.

Would either need changing the script to an enum/dropdown model if possible/more convenient, or adding custom new scripts for new instruments pair one by one.

 

Did you get any user guide with the project? Any instructions about updating the instruments expiration (NQ 02-23 etc.)?

 

 

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++++++++

 

Good. From the middle screenshot looks like there's a specific .cs template script per instruments pair (SpreadTraderNQES.cs,

SpreadTraderNQYM.cs,SpreadeTraderESYM.cs, etc. for the 9 remaining instruments pair).

Are those or similar .cs template script files present in the project?

The right side screenshot looks like just for alerts.

 

Moreover are the Leg1: and Leg2: fileds read only or can they be entered custom instruments values/have you tried custom values in these and checked if they get charted in NT?

If read only, and there's indeed custom template for each instrument pair that'd be more work.

Would either need changing the script to an enum/dropdown model if possible/more convenient, or adding custom new scripts for new instruments pair one by one.

 

Did you get any user guide with the project? Any instructions about updating the instruments expiration (NQ 02-23 etc.)?

 

 

There is a very basic pdf that details each button and content but without going in depth into how and where to make the modifications, it is more of a basic user guide

 

The tool works well and does its job of sending the spread to NT8. It's not perfect and sometimes you need to restart like most...

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There is a very basic pdf that details each button and content but without going in depth into how and where to make the modifications, it is more of a basic user guide

 

The tool works well and does its job of sending the spread to NT8. It's not perfect and sometimes you need to restart like most...

 

 

 

 

++++++++

 

ok.

Does the chart plot the curves when you change symbols and expiry dates in the Leg1 and leg2 fields?

 

For example

Leg1: ZN 03-24

Leg2: ZN 06-24

like this

https://ibb.co/R7v3GSg

 

If it plots the curves, do trades execute when you place some?

For example with

Leg1: ZN 03-24

Leg2: ZN 06-24

 

 

 

 

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