Exactly ! The question is if ES does the same % move as SPX to the second ? From my very basic quick research - looks like they in sync up to 1-2sec
Highly variable I'd say. If I wanted to test that without risking money, I'd be watching the SPX chart with my finger on the mouse and the cursor on the buy or sell button. As soon as you see the point you want to act, click the mouse, immediately look at the ES DOM and write the price you "would" have filled. Same when closing out the position. Try that a few times and get a feel for the slippage. If that seems like it might work OK, I'd still try 1-lot trades on the MES and see if it works about the same.
Probably not. ES prices get posted to the DOM faster than SPX prices get posted to the tape. Try it with a 1-lot, then you'll know.
I do this exact same thing on the OZ market except it is daily timeframe. Using 1 second timeframe is just too tight to be able to trade that way. As others have pointed out the cash and futures aren't always in sync so imho a larger timeframe helps to mostly solve this problem.
dude, first of all "index $prem" is not constant and second of all, index is published with a lower frequency
Why can't you take that research a step further and test it yourself? Can you enter orders in one market based off adjacent market? Don't know. Give it a go and let us know if it works. If not, what problems did you have?
Why? I'm not looking to trade miliseconds, looking at 1s bars with trading range of 5-180 seconds... Looking to catch 0.07% moves, so whats the issue with market order ? (I suppose slippage will be below 0.01%...)
1] Because even with my TradingView Premium subscription, I only get enough 1second data/bars for 2 days. 2] Because I don't have time to go over millions of 1s bars...