The thing about automation is it makes you explain your system to a computer. It's sort of like you think you really know something until you try to teach it to somebody.......
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My SPM + SCT child
- Thread starter frostengine
- Start date
The thing about automation is it makes you explain your system to a computer. It's sort of like you think you really know something until you try to teach it to somebody.......
Testing from 2001 till now on EURUSD is not profitable after slippage... but without slippage it is... I am new to forex, so perhaps the way the market moves is a little different...
Looks like the forex data I got is not very reliable.. Anyone know of a good free source to get historical forex data?
Add TDT to the mix and you will get rich. But not as rich as using TDT alone.
Quote from frostengine:
Looks like the forex data I got is not very reliable.. Anyone know of a good free source to get historical forex data?
If you want to back test forex, I'd highly recommend using data from your market maker, not some random data from the internet. Spreads will vary, prices will vary. What you see as a FX retail trader is a creation of who you trade through.
If you want to trade via OANDA, they will give you tick data for free if you have $1,000 in your account.
The equity curve looks great. Good luck trading.
Louis
Quote from frostengine:
Still struggling with the short side of the equation.. but have vastly improved the long side. Look at this PL chart for this long only, its amazing that is a LONG only strategy. Especially look at the last few months how its making money hand over fist in this bear market....
updated stats for long version of the strategy;
Profit: +$37,027
Trades: 432
Win% 58.1%
PF: 2.02
Sharp: .69
You will notice this strategy now takes FAR less trades, so I became concern that I may have curve fitted it, so to alleviate my fears I tested the strategy on ER2 and NQ
ER2 Results: +$33,580
NQ Results: +$10,701
Granted that does not prove its not curve fitted, however it does help a lot.
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2142589 width=800>
You're just CURVE-FITTING, because you keep massaging the results until it gives you the desired outcome. I'll bet money your 'system' falls apart in real-time trading.
<i>"but have vastly improved the long side. Look at this PL chart for this long only, its amazing that is a LONG only strategy."</i>
Do you know why that is so? There's a very simple technical reason for that. If you already know it, good. If not, you are still light-years away from writing functional system-bots that will walk forward successfully.
Yes, I know the answer to this question myself
Do you know why that is so? There's a very simple technical reason for that. If you already know it, good. If not, you are still light-years away from writing functional system-bots that will walk forward successfully.
Yes, I know the answer to this question myself
Quote from Fractals 'R Us:
The thing about automation is it makes you explain your system to a computer. It's sort of like you think you really know something until you try to teach it to somebody.......
I concur with that.
I've been designing an auto system for nearly 2 years and have found that it has made me see things which i never saw before only as a result of the fact that I have had to study extensively what was happening in order for me to code it.
When trying to code a strategy, it's amazing how difficult it is, but I find it makes one a aware of flaws in discretionary trading.