Hi Klaus, I second that motion. My first impression is that Eugene has created a pretty robust and extensible framework. I will be adding these extensions once I am more familiar with it. But first, I would like to modify the web interface.
Keith On Jun 4, 7:58 am, Klaus <[email protected]> wrote: > Hi, > > the idea that is coming up here, seems to be very interesting: having > portfolios from multiple instruments. > I believe this would be a great addition. > Let's suppose you have to strategies on different instruments: > but you want to trade only one: if there would be portfolio management > in jbooktrader, you > could take the first signal and ignore the second by the other > strategy, if it arrives, while you are in > the market. - Or if we add some sort of reliability indicator to the > strategies, you could allocate money to the > different strategies based on the expected quality of the signals. > This would be very interesting. > > Also one could have multiple strategies on the same asset. The > portfolio could trade a multiple of those, but > at most 3 (e.g.,). So, a portfolio could add across strategies money > and risk management. Something which > can at this point not be done with jbooktrader. > But I am afraid, this would mean a VERY significant extension and > modification of the software... > > Klaus > > On 3 Jun., 19:45, Keith <[email protected]> wrote: > > > > > Thanks Eugene for the quick solutions, I will test them out and get > > back to you. > > > I remember trying out button Trader a few years ago and using their > > great intuitive interface against ES for for setting profit targets > > and stop losses against a tick chart - it would be very nice if we > > could somehow emulate and automate that gui. > > > Keith > > > On Jun 2, 4:54 pm, Eugene Kononov <[email protected]> wrote: > > > > For those who are anxious to try the "classic" strategies, I am attaching > > > two sample strategies, LossStopper and ProfitTaker. The first one uses a 7 > > > point stop. The second one uses a 5 point profit target. These are > > > optimizable parameters, so feel free to experiment. Trailing stop can be > > > done in a similar fashion. > > > > On Wed, Jun 2, 2010 at 2:26 PM, ShaggsTheStud > > > <[email protected]>wrote: > > > > > On Tue, Jun 1, 2010 at 9:19 PM, Keith <[email protected]> wrote: > > > > >> Unless we are trading a single strategy per instrument at a time, we > > > >> will need a risk management strategy for the whole portfolio at risk. > > > > >> Besides the performance manager, I recommend we have a risk manager > > > >> object to look at all open positions, monitor profit and stop loss > > > >> targets with the ability to close any strategy instantly. TWS has a > > > >> function to close all positions, this could be one of the methods of > > > >> the risk manager. > > > > > The concept is interesting. Honestly I don't know how many people here > > > > believe they will be trading multiple strategies at the same time any > > > > time > > > > soon - especially more than two, unless we have a really good strategy > > > > developer lurking in the shadows with a big account balance. > > > > > Just tossing out an idea here to think about - maybe this could be > > > > implemented in an external program, through a basic interface to JBT > > > > which > > > > would include a basic "pull the plug" command, and an interface that > > > > provides basic information about present positions and past trade > > > > performance. The reason this might be nice is that it could reduce > > > > clutter > > > > in the codebase, and could be integrated into a larger portfolio > > > > management > > > > system if the user wanted to. > > > > > -- > > > > You received this message because you are subscribed to the Google > > > > Groups > > > > "JBookTrader" group. > > > > To post to this group, send email to [email protected]. > > > > To unsubscribe from this group, send email to > > > > [email protected]<jbooktrader%2bunsubscr...@googlegr > > > > oups.com> > > > > . > > > > For more options, visit this group at > > > >http://groups.google.com/group/jbooktrader?hl=en. > > > > LossStopper.java > > > 2KViewDownload > > > > ProfitTaker.java > > > 2KViewDownload -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
