Tag Archives: Dr Ernie Chan

Flag pennants webinar tomorrow and LIVE forex data with Dr Ernie Chan!

In the last few emails I have describe the next generation of trading patterns I am working on. These include flags, pennants, and wedges. As the original source code was from a very popular forex retail trading platform, I have managed to transcode the first set over to Python. There’s still a lot of the debugging to get it working which includes sourcing out the data while implementing the charts. Obviously, this is the hardest part of this project. I do believe these patterns will help gauge pricing direction when your chosen instrument decides to go into a random walk situation. This of course, makes trading very difficult to profit off of.

 

As a result, I’ve decided to do a live webinar/Meetup event around this topic. I want to have an open ended discussion with whomever shows up to get a better handle on the benefits of these patterns. I’ll do my best to introduce you to these topics no different then with my harmonic patterns presentation. These have harmonic patterns have been great for timing entries and valuing an instrument price.

 

As I really don’t want the world to know about this, I will not be making a public replay on this but will only make it publicly available during the live stream. This takes place tomorrow night on Monday at 7 PM Eastern standard time. This will also be live streamed on YouTube at my Quantlabs channel which is Youtube.com/quantlabs

 

The webinar login details are below.

 

Do note know that I will be keeping a very tight timeline on the replay which will only be available for my Quant Elite members which you could always get through my shopping cart at these links below:

3 Month Option found here http://quantlabs.net/academy/shopping-cart/

or Annual http://quantlabs.net/academy/shopping-cart/

 

 

This is with no difference of my harmonic pattern replay, I will only keep this available for all my members for about 24 hours after the live stream is finished. As you know, I really don’t need the world to know about these “trading secrets” that the professionals use. Once this replay vanishes, I will not making this available ever again.

 

As said, here are the webinar details below:

 

You are invited to a Zoom webinar.

When: May 14, 2018 7:00 PM Eastern Time (US and Canada)

Topic: Introducing my head-and-shoulders Flag Pennant and Wedge Techincal Indicator Webinar

 

Please click the link below to join the webinar:

https://zoom.us/j/659371996

 

 

Or iPhone one-tap :

US: +16465588656,,659371996# or +16699006833,,659371996#

Or Telephone:

Dial(for higher quality, dial a number based on your current location):

US: +1 646 558 8656 or +1 669 900 6833

Webinar ID: 659 371 996

International numbers available: https://zoom.us/u/cU19vOatu

 

 

Also, this is another reminder about the live event taking place in downtown Toronto on May 22. Here are those detail. You can only register with the meet up links below.

 

Details

Join us live in the heart of Toronto as we team up with professional quant traders Dr. Ernest Chan* and Bryan Downing* to bring you a FREE algorithmic trading event utilizing FXCM data and technology. Ernie Chan will present on how to use FXCM’s tick data combined with his Order Flow methodology to enhance your trading strategy and help predict where you should position yourself in the market to take advantage of future price action.

Where: Courtyard Marriott Downtown Toronto | 475 Yonge St, Toronto, ON M4Y 1X7, Canada
When: Tuesday, May 22 2018
Time: 6:00PM to 9:00PM
*Check in begins at 6. First talk will begin promptly at 6:15!

· Learn how alternative data can be used to improve your trading strategy
· Network with local quantitative traders in your area and hear from quant experts

· Discover FXCM’s REST API and learn about the product landscape.
· Gain exclusive access to FXCM’s premium data

Seating is limited, so register now!

*** Friedberg Direct is a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF), and all Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.

Accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary of the FXCM group of companies [collectively the “FXCM Group”]. Customers of Friedberg Direct may, in part, be serviced through subsidiaries of FXCM Group. The FXCM Group does not own or control any part of Friedberg Direct and is headquartered at 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom.

Trading forex/CFD’s on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Friedberg Direct, carefully consider your financial situation and experience level. Friedberg Direct may provide general commentary which is not intended as investment advice and must not be construed as such. Please seek advice from a separate financial advisor. Friedberg Direct assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Please read and understand the “Terms and Conditions” on Friedberg Direct’s website prior to taking further actions.

NOTE that this event is very close to being filled up as as we only have about 20 spots available left!

https://www.meetup.com/TOForexTraders/events/250588184/

https://www.meetup.com/quant-finance/events/250588027/

 

Thanks have a nice day

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dr Ernie Chan’s comparison of Python R Matlab for trading

Dr Ernie Chan’s comparison of Matlab R and Python for trading

If you are really confused about which prototyping language you should be using for your trading research, I would watch this video below. Dr. Ernie Chan did a 50 minute comparison of Matlab versus Python versus R.

Check out this presentation here

 

As for me, I have studied all of these as well in depth. I totally 150% agree with Dr. Ernie Chan on this. I would highly recommend you to watch it to see my point of view as well. One thing to note is, the powerful combination of the ability of Matlab now being able to call Python scripts directly. It is a very powerful combination indeed.

 

Have you seen my videos that I’ve used to exploit the potential of Simulink and it’s code generation for both ,C, C++, and even FPGA? Boy the future looks great.

 

All these videos are part of my Quant Elite membership that I talk about almost daily in these emails.

This is part of my “Algo Trading Course Series in Python.” where I do another presentation on US FED data on Tues May 17 at 8 PM E

DT!

 

See details here

 

If you are interested in joining, here are all the pricing options:

MONTHLY: $97/MONTH: Click here

6 BONUS MONTH FREE Annual: Click here

BIGGEST SAVINGS with 24 BONUS months: Click here

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dr Ernie Chan’s comparison of Matlab R and Python for trading

Dr Ernie Chan’s comparison of Matlab R and Python for trading

One word: AWESOME!!!

Thanks to one to my newsletter to subscribers for sending this

Join my FREE newsletter to see how we handle these languages for our automated trading

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dr Ernie Chan presents Beware of Low Frequency #Data

Dr Ernie Chan presents Beware of Low Frequency #Data

He’s back! Abstract: It is commonly believed that low frequency strategies require only low frequency data for backtesting. We will show that using low frequency data can lead to dangerously inflated backtest results even for low frequency strategies. Examples will be drawn from a closed end fund strategy, a long-short stock strategy, and a futures strategy.

Meetup: Dr Ernie Chan presents Beware of Low Frequency Data


Is Amazon AWS machine learning better than Microsoft Azure?

I personally think the offfering from Mathworks is much better and you get to keep it private

 

Is Amazon AWS machine learning better than Microsoft Azure?

ThinkOrSwim API acccess only for the .0001 %

I must say questions are still unanswered in supporting programming languages and it still to mysterious to me. I did however talk to someone who is a customer and they verified you need $25k for API access. They also will actively watch your Think or Swim account for breaking the Pattern Day Trading rule of automating otherwise you get investigated by FINRA. Also, you need $20k in an account to get around that PDT rule. America, the free-est country in the world. Haha my right, Obama regulated you poor US based traders to death in this automated trading world. See their answers here.

ThinkOrSwim API acccess only for the .0001 %

Thanks for reading

Bryan Downing

P.S. People are still asking about this from earlier in the week

Video and files download for Visual trading idea to C++ or FPGA HFT Meetup

File download sample: test model (Matlab 2014b with Visual Studio 2013 C++ project generated)

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Meetup: Dr Ernie Chan presents Beware of Low Frequency Data

Meetup: Dr Ernie Chan presents Beware of Low Frequency Data

He’s back! Abstract: It is commonly believed that low frequency strategies require only low frequency data for backtesting. We will show that using low frequency data can lead to dangerously inflated backtest results even for low frequency strategies. Examples will be drawn from a closed end fund strategy, a long-short stock strategy, and a futures strategy.

Join my FREE newsletter to learn more meetups

Login details posted!

 

Thursday, April 23, 2015

7:00 PM Eastern Standard Time

  1. Please join my meeting, April 23, 2015 at 7:00 PM Eastern Daylight Time.

https://global.gotomeeting.com/join/742927277

 

  1. Use your microphone and speakers (VoIP) – a headset is recommended. Or, call in using your telephone.

 

Dial +1 (408) 650-3112

Access Code: 742-927-277

Audio PIN: Shown after joining the meeting

 

Meeting ID: 742-927-277

 

GoToMeeting®

Online Meetings Made Easy®

 

Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.

 

Notes: I do anticipate this will fill up so it is best to get in early to guarantee your spot.

 

Dr Ernie Chan presents Beware of Low Frequency Data

Thursday, Apr 23, 2015, 7:00 PM

33 Members Went

Check out this Meetup →

Dr Ernie Chan presents Beware of Low Frequency Data

Thursday, Apr 23, 2015, 7:00 PM

GotoMeeting Webinar online
GotoMeeting Webinar online Toronto, ON

31 Researching Traders Went

He’s back! Abstract: It is commonly believed that low frequency strategies require only low frequency data for backtesting. We will show that using low frequency data can lead to dangerously inflated backtest results even for low frequency strategies. Examples will be drawn from a closed end fund strategy, a long-short stock strategy, and a futures…

Check out this Meetup →

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dr Ernie Chan on the scene for 2 of 3 forex trading algo indicators?

Dr Ernie Chan on the scene for 2 of 3 forex trading algo indicators?

Is there a Doctor in the House?

Having smarty pants around like this fine young doctor can really help my development in algorithms or at least hacked attempts. I was quite surprised on how fast I was able to power through these little algos within Matlab. It would take me a LOT LONGER to go through to understand with other secondary programming languages.

Join my FREE newsletter to find out what the fine doctor says about the health of these young newborn algos 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Welcome Alex B our HFT expert to the QuantLabs.net Advisory Team along with Dr Ernie Chan !

Welcome Alex B our HFT expert to the QuantLabs.net Advisory Team along with Dr Ernie Chan !

If you did not know, we got the Main Man Dr Ernie Chan but I just added a our new addition Alex B HFT Extranordinaire

Don’t worry we still got a bunch of ‘other’ highly successful 7 digit figures folks lurking in the background around here who are also helping out as well. They should never be thought of as forgotten. Everyone is highly valued around here! I never mentioned this but that also includes VPs of some the largest investment banks running their HFT shops.

I have known for a for few years, as  a local he will help out to get my operation up and running much quicker than by myself!

From me personally, he is all welcome!

Quick profile:

 

Alex has been working in the field of software development for more then 20 years. For last 10 years his main field has been real-time high-performing distributed trading solutions.  During his career Alex has been working with a wide variety of technologies/programming languages though he stays “focused” on C++.

 

In the past Alex had been working for several Canadian financial companies including Infnium Capital Corp., Manulife Financial, Bank Of America Merrill Lynch Canada.

Alex is an owner of AB2000 Software Corporation, a private company that develops low-cost high-performing trading software.  More information about the company can be found at www.low-latency.net.

A few notes:

Check his software out on our upcoming webinar on his HFT system from his company:

http://low-latency.net/

alex b AB_pic

Full demo of an HFT system

Tuesday, Feb 10, 2015, 7:00 PM

36 Members Went

Check out this Meetup →

http://www.meetup.com/R-Matlab-Users/

Full demo of an HFT system

Tuesday, Feb 10, 2015, 7:00 PM

GotoMeeting Webinar online
GotoMeeting Webinar online Toronto, ON

6 Members Went

Planned demo is an introduction of low-cost high-performing HFT trading platform developed by a Canadian company specifically for high-frequency high-volume algorithmic trading for stocks, FX and futures. The product is a complete solution that includes all components typically required for HFT trading – like FIX gateways, direct market data feed h…

Check out this Meetup →

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dr Ernie Chan Answers to rank or weight a long or short of out this market sector according to Yahoo Finance

Dr Ernie Chan Answers to rank or weight a long or short of out this market sector according to Yahoo Finance

Question was asked at:

http://quantlabs.net/blog/2015/01/how-would-rank-or-weight-a-long-or-short-of-out-this-market-sector-according-to-yahoo-finance/

His answer was:

Hi Bryan,
There are various methods of including a subset of predictive
variables for returns prediction.
You can try stepwise regression, which picks successively the most
predictive variable in a linear regression, and stops when an
additional variable does improve R^2.
You can also try a regression tree, with a similar principle.
Both are available from Matlab Statistics toolbox.
Hope this helps!
Best,
Ernie

We won’t know a priori which piece of information is important, and what weight it should have.

 

Join my FREE newsletter to learn more about trading analytics

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

ATT: Dr Ernie Chan LIVE course on Quantitative Momentum Strategies starts Dec 2

Registration link

http://quantlabs.net/academy/quantitative-momentum-strategies-dr-ernie-chan/

Maximum number of attendees: 6.
Total hours: 12.
Fee: $1,890.
Dates and times: December 2, 3, 4, 5:30-9:30 pm ET.
YouTube Preview Image

 Total hours: 12.

Course outline:

1. Causes of momentum

a. Persistence of futures roll returns.

b. Slow diffusion of news.

c. Forced sales and purchases by funds.

d. HFT market manipulation.

2. Tutorial to MATLAB

a. Quick survey of syntax.

b. Exercises: building some utilities useful for trading and plotting simple graphs.

c. Using toolboxes

3. Roll returns as driver of momentum

a. Backwardation vs. contango.

i. Exercise: Estimating spot and roll returns.

b. Time-series vs cross-sectional momentum.

c. Arbitrage between future and spot returns.

i. The case of VX-ES.

d. Statistical tests for time-series momentum.

e. Example futures time-series momentum strategy.

i. Indicators for TS momentum.

f. Example futures cross-sectional momentum strategy.

g. Example stock cross-sectional momentum strategy.

i. Indicators for CS momentum.

ii. News sentiment.

h. The phenomenon of “Momentum Crashes”.

i. The S&P DTI index.

4. Event-driven momentum

a. PEAD strategy.

i. The shortening of momentum horizon.

b. Other momentum-inducing events.

i. Research from Ravenpack on corporate events.

ii. Macro-economic events.

5. Forced sales and purchases due to funds

a. Hedge funds.

b. Mutual funds.

i. Example strategy using Pressure indicator.

c. Index funds.

d. Levered ETFs.

i. Example strategy.

6. High frequency momentum strategies

a. Ratio trade

b. Ticking.

c. Flipping.

d. Stop hunting.

e. Order flow.

7. Exit Strategies

8. Advantages and disadvantages of momentum strategies.

 

Registration link

http://quantlabs.net/academy/quantitative-momentum-strategies-dr-ernie-chan/

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!