Jump to content

ASX200 Sun tsu ATM EA


Guest EA-trader

Recommended Posts

Guest EA-trader

I just put an EA on ASX, my first ASX ea, I will put it on forward test on demo , we will see the results.This weekend I will set up some EA strategies on ASX

 

This is separate thread to monitor EA results on ASX200.

 

I make sun zsu atmasx ea for sure , it will do everything like send automatic withdrawals instructions to IG..aud.jpg

Link to comment
Guest PandaFace

Closing is 7am but I think they have an action for 10 minutes? Maybe can confirm the times, then it’ll be plus 10 for uk conversion.

Link to comment

The ASX200 opens at 10am and closes at 4:00pm GMT+10 (Sydney).  

 

The SPI opens at 9:50am and closes at 4:30pm.  It re-opens at 5:10pm and closes at 7am the next day.   

 

IG's ASX200 is 24hours.  

 

Will be interesting - thanks for the demo.  

Link to comment
Guest PandaFace

Coool so that’s 1am to 7am UK at the moment when you take GMT and also BST which were now in. A 10am startlocal time? The stock brokers must love that rather than the early 8am start those in England have to contend with. I know where I’d be living if that was my job.

Link to comment
Guest EA-trader

Already noticed spread is 3 on ASX , on dow it is 2.4 , sp spread to to volatility is not good.Dow  moves 30 points in minute , asx has barely moved 5 points.

 

As a businessman , asx is for discretionary selective trades.It is also probably ilLiquid.I noticed this also with EAS.I will run EAS but early signs are no good.

Link to comment
Guest EA-trader

These are early days on observing this instrument. Once we learn the behaviour of the ASX , I can program the Eas to trade it's behavioural patterns.

 

The last two days , the prices got marked higher , but failed to go higher and if you bought higher on the breakouts, you would get chopped out.

 

On both days the EAS bought higher and got chopped out .It needs buying at the trend line or support and waiting  for days.This is first observation.

Link to comment
Guest EA-trader

Hi panda 

 

You can see everything on the charts, where the Eas bought is marked by arrows.Everything is automated, so I can't spend time manually.

 

You can see the red horizontal resistance lines and lue support lines on charts , you don't need text.You can see the price action on the charts, when EA bought.

Link to comment
Guest PandaFace

Nice thanks for the reply. However I’m sure others like me who don’t use this software and don’t know what these icons mean are also lost so a quick sentence makes it a lot easier to understand.

 

So you bid at the last two blue arrows? And they were both 4 minutes apart at 1:30 and 34 mins past? And trades are still open it looks like?

 

But why didn’t it buy offyhe yellow resistance bounce at the first white candle after that as well? Or did it just miss?

Link to comment
Guest EA-trader

Both trades closed at a loss, this normal in trend trading , 80% of trends opportunities become ranges and chop zones.This EA works  on candlesticks and price action confirmations ,it won't trade until it has a confirmation.

Link to comment
Guest EA-trader

The ASX200 opens at 10am and closes at 4:00pm GMT+10 (Sydney).  

 

There is no trading for the first hour , as it closes at 4 pm  , I close at 6 am    , start is 1 am  gmt.

 

Rest of day the spread is wide, I think.

Link to comment

Just to add - IG's ASX200 is open 24hours.  Yet their spread varies according to the opening of the underlying (real) ASX200 (XJO) and the SPI for the night session.  

 

So when the XJO is open, 10am till 4pm GMT+10, IG has a one point spread.  After 4pm until 4:30pm (GMT+10) their spread is two points - there is good liquidity still with the SPI but the XJO is closed so to speak (4:10pm exact closing time, off market auction I believe for those 10mins).

 

The SPI is closed for 40mins after 4:30pm, yet IG will still make the market, with a 5pt spread.  At 5:10pm GMT+10 the SPI will re-open (only the SPI of course) and it will trade right through the night until 7am GMT+10.  IG's spread during this session is 3pts.  

 

Then from 7am till 9:50am GMT+10, IG will make the market again, with a 5pt spread.  Narrows to 2pts for the 10mins between 9:50am and 10am GMT+10 as the SPI re-opens for the day, then back down to 1pt as the XJO re-opens 10am.

 

The SPI is the futures contract for the ASX index in case that's not understood.  

 

Edit: Typo.

Link to comment
Guest EA-trader

EAS did not trade today, volatility was 25 ticks from low to high, I mean points.  Nothing wrong with EAS, because they make money on DAX and DOW.

 

EAAUDBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.jpgeas  tsunsuaud.jpg

Link to comment
Guest PandaFace

Well no the actual math from your quote is 4% to 12% but that’s not how it works. You’re paying basis the index tho so it’s 1/5880 or 0.017% of that, and then when you take into account the actual futures spread I’m sure that also needs to be taken into account.

 

If you open a trade for a point spread and then let the trade move 2 points you can’t say you’re paying 50% spread and that’s astronomical. That’s just retarded trading.

Link to comment
Guest PandaFace

But also funny that your buy signal when it was near the yellow support trend on 17th at 4am ish which you said should have been a buy didn’t come through and it fell another 30 points.

Link to comment

 I'll give you points for honesty and having a go.  You're right, but that's why I relied on binaries to trade it.  

Seeing as we made it a week long experiment, I'll post a potential return on our $5000 tonight.  

 

I understand too your EA demo needed more time and over a year might give the 80% return you promise.  This week doesn't prove too much.  I hope the Hang Seng is a bit more lively.  

Link to comment
Guest EA-trader

I did a excel check,it showed 1.1 % dailyvolatility and Hang Send was 1.48 %, over many years.When  EA gets set up , it needs market to move, become lively and producing good runs.

 

Asx needs different type of grid EA for investing, i have them being made.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • How Merlin Is Addressing Bitcoin Scalability With A Unique Layer 2 Approach If you've been around the crypto world for a while, you're likely familiar with the limitations of Bitcoin's Layer 1 and its scalability issues. Over time, we've seen various innovative proposals like Wormhole's unique approach to address these limitations. In this context, Merlin Chain caught my attention. It's a project that aims to tackle Bitcoin's scalability challenges by offering a Layer 2 solution built on the ZK-Rollups model. This translates to faster and cheaper transactions while maintaining security through a decentralized oracle network with anti-fraud measures. Developed by the well-established Bitmap Tech team, Merlin Chain boasts a market cap exceeding $500 million. Their key objective has always been to empower existing Bitcoin assets by enabling them to interact seamlessly on the Layer 2 network. I believe backing from 20+ prominent VC firms like OKX Ventures and ViaBTC suggests confidence in Merlin Chain's future. MERL was launched as the first token on Bitget's pre-market trade platform and had a commendable price action. Is Merlin Chain's Layer 2 solution a long-term solution to this issue? Let's hear your candid opinions in the comments section below! Cheers! #Bitcoin #btc #halving #transactions #merlin #merl #bitget #web3 #wormhole
    • As the crypto sector undergoes transformation, Asia emerges as a formidable player alongside the established giants of the US and Europe. With significant investments and a growing user base, the region's potential for dominance is unmistakable. Leading this movement is Dubai, pioneering crypto adoption with its favorable regulations, attracting crypto exchanges focused on the region. A standout in this field is Bitget, Asia's largest web3 wallet provider, boasting a user base of over 19 million. Through regular events, Bitget cultivates community engagement, recognizing and rewarding the trust and loyalty of its users. One such event, the ongoing "Bitget Super Savings," offers over $20,000 worth of hot tokens across various categories, providing users with an opportunity to enrich their crypto portfolios. For those in South Asia, Bitget extends an invitation to participate in this ongoing event. Seize the chance to earn free hot tokens before the event concludes on April 26th. Good luck!
    • It is ideal that crypto currency exchanges as the admisnistrators of users’ funds should account to them from time to time through transparency reports that can be drafted atleast at the end of every quarter.  Platforms like Bitget have dropped theirs and their growth is pretty impressive. Both spot and derivative volume have grown exponentially. This is a testament to the fact that the team has been doing the good work. In Q1 of 2024, the CEX’s spot trading volume increased by a whopping 113% peaking about $160 billion and the futures trading volume was at about $1.4 trillion signalling a 146% increase.  In march, the platform witnessed the most remarkable growth thus far in the derivative market making it the 3rd largest derivative trading platform for the first time since december 2022.  The user base has also trumped up from the previous 20 million to 25 million users globally.  This demonstrates pure positive social sentiment and traction. In a similar vein, through the course of the previous quarter, the platform added about 186 new tokens, this has placed its number of tokens at 750+ tokens available and 820+ spot tokens.  Most of the listings were relatively very early and some investors made fortunes off it. The launchpool has also witnessed impressive growth, a total of 7 launchpools were done and this led to an increased demand for its native token $BGB. $Bgb has been on steroids since the last quarter, breaking ATHs and establishing new ones. Bitget applauds consistency and security, its Proof of reserve has also grown to about $612 million since March. With this type of security framework users confidence will be instilled to further use Bitget. Here's some proof of the above; https://twitter.com/TokenInsight/status/1767010819282526267
×
×
  • Create New...
us