That should read "(or fourth or fifth)"

On Wed, Aug 1, 2012 at 9:56 AM, Judson Wilson <[email protected]> wrote:
> You would have to re-write a few sections of code, but it is not hard.
> I have messed with this before, but I was just dabbling.
>
> I would recommend adding it as a third (or fourth or fight0 parameter
> to the backtest files, and then go from there.
>
> Also of interest may be the 'book size', which is the total number of
> bids and asks. I'm not sure how it pertains to the strategies you
> mention, but I believe there is value in there, and this would be a
> good time to add it as well if you are interested.
>
> On Tue, Jul 31, 2012 at 11:42 PM, Lawrence Perepolkin
> <[email protected]> wrote:
>> Has anyone created a strategy that uses a statistic measuring the difference
>> of bid and ask? I want to develop a mean reverting strategy that would use
>> this.  I believe when the bid ask spread expands the market is experiencing
>> and increase in volatility. The strategy I am thinking of would use a option
>> straddle or strangle to protect against large moves up and down and then
>> implement at strategy in BookTrader to buy lower lows and sell higher highs
>> in a tight range. In trend less time periods this works quite well.  For
>> example, after hours ES is mostly trend less, and one can make some money
>> buying lower lows and selling higher highs. High volume trend less days are
>> also quite profitable.  On potentially  high volatility  time periods,
>> earnings and Fed announcements, use option straddles/straggles no need for
>> an ATS, on trend less days use and ATS for mean reversion trading about 100
>> buy sell cycles a day.  Has anyone considered this? Your thoughts?
>>
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