Yes, I remember working with a trader a few years ago who trades NQ-YM
pairs successfully - he found a nice profitable correlation between
this pair.

On Jun 6, 5:17 pm, nonlinear5 <[email protected]> wrote:
> > I was first interested in pairs trading - so I wrote some code to do that,
> > but due to my lack of java experience it performed terribly.  I may try
> > again at some point.   (BTW, eugene took a stab at something similiar for
> > arbitrage purposes, but didn't find any suitable trades once he started
> > testing it).
>
> I've never released JArbitrager, but different people keep asking
> about it. I'm going to give a presentation about it to the local
> traders group this month in Raleigh, NC.  Anyway, here it 
> is:http://code.google.com/p/jarbitrager/downloads/detail?name=JArbitrage...
>
> The folks familiar with JBT will recognize the structure of
> JArbitrager. Some things needed to be changed to accommodate the
> spirit of pair trading, but otherwise, it's very similar to JBT. As
> Shaggs mentioned, I gave up on it pretty quickly, as it became evident
> to me from forward testing that there is nothing to squeeze out of
> pairs such as SPY-ES, DIA-YM, and ES-YM. But it's possible that I have
> missed something, or perhaps the arbitrage should be tried on less
> liquid pairs.

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