Rainy days for rainy markets… Dow Jones took a massive drop.
Archives for May 2022
After a very successful week of automated trading for the first time in a year, I have now started working on adapting the system to trade the major Futures; S&P 200 (Australia), S&P 500 (United-States), CHINA50 (China), DAX30 (Germany) , FTSE100 (United-Kingdom), CAC40 (France), HSI (China), US30 (United-States), NAS100 (United-States).
CHINA50 (China): The Hang Seng China 50 Index (“China 50 Index”) measures the overall performance of the 50 largest China companies (in terms of market capitalisation) listed on Hong Kong and / or mainland China stock exchanges.
DAX30 (Germany): The DAX is a German blue-chip stock market index that tracks the performance of the 40 largest companies trading on the Frankfurt Stock Exchange. The index was historically comprised of 30 companies but was expanded to 40 as of Sept. 3, 2021.
CAC40 (France): The CAC 40 is the French stock market index that tracks the 40 largest French stocks based on the Euronext Paris market capitalization.
HSI (China): The Hang Seng Index or HSI is a free-float market capitalization-weighted index of the sixty largest companies that trade on the Hong Kong Exchange (HKEx). The Hang Seng is the most widely quoted barometer for the Hong Kong economy and is often used as a market benchmark for Hong Kong investors.
US30 (United States): The stock market index was developed as a simple means of tracking U.S. stock market performance in an age when information flow was often limited. The combined stock price of these 30 large, publicly-traded companies determines the Dow Jones Industrial Average (DJIA).
NAS100 (United States): The Nasdaq 100 Index is a basket of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. The index includes companies from various industries except for the financial industry, like commercial and investment banks. These non-financial sectors include retail, biotechnology, industrial, technology, health care, and others.
With over 8 indices covering all major markets, I decided to go ahead and start with adapting the algorithm to trade the US30, or Dow Jones.
To be continued…
After almost a year hiatus, closing life chapters, starting new ones and aiming for new horizons, I have decided to re-deploy my algorithms on the forex market. Only this time, I am now combining both macroeconomics and technical analysis together to create one of my best performing quantitative trading system.
Over the years, I have adapted and optimized my algorithms to be compatible with most if not all pairs from all the G8 countries; Australia (AUD), Canada (CAD), United-States (USD), European Union (EUR), United Kingdom (GBP), Japan (JPY), Swiss (CHF) and New Zealand (NZD).