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Philosophers are poor. Greed is what you need.

I have used Multicharts and it is a good tool for beginners. Someone else mentioned Amibroker and that is also a good and affordable software with many capabilities bit it took me some time to learn. I tried Quantopian but this not an intuitive way of doing things for me at least and I had...

It is fundamentally an overbought market indicator. I think the Hurst indicator is better.

They are pushing funds to the stock market.

There is a guy that calculates probabilities with good success rate for short term and long term but the methods are quite elaborate. The short term method is based on price patterns that are tested on a group of securities and the long term on some measure of randomness. Note that probability...

Suppose a method is a winner 100% of the time. Would anyone look at any metric other than this fact?

There are no problems with probability theory. The theory is not about perfectly balanced coins. It is about topology of probability spaces. Just with its understanding by people. Shannon used it to beat the casinos because he understood it.

Yahoo symbol: ^GSPC

Best solution for those that do not know how to program is to use software that searches for trading systems based on defined criteria and generates code for Tradestation, Metatrader and other platforms. Google Strategy Quant, Price Action Lab, Genetic Builder and for deep pockets Trading System...

I use no more than 10:1 leverage for standard contracts. Anything beyond that is taking too much risk. I position trade with wide stops and my systems have performed well in the past 3 years but not as well as my stock systems so I am thinking that I am wasting resources on FX. It may be my...

It depends what kind of patterns you are talking about. Old chart patterns (h&S, wedges, triangles, candlesticks, etc.) do not work anymore because everyone can spot them and there are many free tools available for identifying them. Stock screener by Finviz for example. More importantly some...

Head and shoulders is for idiots.

Fact: 50% of trend-followers blow up when markets go choppy., 40% experience a large drawdown and only 10% can maintain reasonable performance. These are all people with many years of market experience.

Big corporations can keep key developers but small companies too often lose them and there is some discontinuity in development with new developers always trying to catch up and understand what the old ones did.

If you wait long enough the drawdown can be of any size.

But still you must employ an upper limit, like 2% - 5% max regardless.

Fancy name for a random permutation process.:) Why do you need to optimize? My rule is that all factors you listed should stay more or less unchanged as a function of system parameters, otherwise you are curve-fitting to specific market conditions.

Why don't you ask them? It would be interesting to know how many share their trading system development on public platforms. This will give an indication of market inefficiency.

I didn't come here to insult anyone. Just look at the S&P 500 chart. The last 4 years have been some of the best. If you have not made money it’s not because of low volume, lack of volatility or any other excuse you can think of. It’s because you must change your attitude and learn how to...

This is not the case according to data I have, You should not rely on the kind of sources you quoted, they are totally unreliable. You must take into account dark pools and the fact that part of the volume has moved to the technology sector. According to my data we are at 2006 levels after a...