Scalping_My Way with ACV
- Thread starter VSTscalper
- Start date
Been away for quite awhile - due to health problems mainly. Plus - worked to finish my newer Algos. Actually had them done quite awhile ago - but wanted to test them first - always trying to improve the Code.
Here are some snapshots - of what I call my "DirtyAI". I live in the Seattle area - East Side of Lake Washington - and between the Main Microsoft Campus - and a Google Campus. Believe it or not - there are some Programmers - from Microsoft and Google - that used to come to Trading Meetups - that I did at a local Starbucks - until Covid - but we may be starting the Meetups again. They make a lot of money - so it blew me away - when some were also Trading on the side. We even had some Meetups - at the Main Microsoft Campus in Redmond - which I doubt will happen anymore - mainly because of the Covid scare. A Microsoft Security Guard - would meet you at the door - take you to the Meetup Room - and when the Meetup was over - take you outside. Very strict on Security. Anyway - that was a chance for me to learn more about AI - and the potential. I do a lot of coding - and this changed the way I code - and started incorporating some of the things I learned. I call it my DirtyAI - because I thought what I had as far as Code - was good - but saw how I could improve the code - using what I learned from professional programmers - that work with AI.
Dirty Algos
1. Algos are Black Boxed
2. Absolutely - NO Backtesting - as there are NO Inputs
3. And absolutely - NOT - based on Indicators of any kind
4. Based on - mainly on what I call - True Price Action
5. Trade decision is based on looking at Multiple Markets - and other things
6. Works for Scalping and Scalp-Trend combination and Trend
7. Same Algo works on all instruments
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Here are some screen shots - all based on 10 day trading period
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Scalp Setup
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Trend Setup
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High - WinLoss Ratio - my Favorite Setup
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The follow snapshots show the same Algo - with Mixed Instruments and Mixed Intervals - again (NO Backtesting) - it is all about the Algo
Here are some snapshots - of what I call my "DirtyAI". I live in the Seattle area - East Side of Lake Washington - and between the Main Microsoft Campus - and a Google Campus. Believe it or not - there are some Programmers - from Microsoft and Google - that used to come to Trading Meetups - that I did at a local Starbucks - until Covid - but we may be starting the Meetups again. They make a lot of money - so it blew me away - when some were also Trading on the side. We even had some Meetups - at the Main Microsoft Campus in Redmond - which I doubt will happen anymore - mainly because of the Covid scare. A Microsoft Security Guard - would meet you at the door - take you to the Meetup Room - and when the Meetup was over - take you outside. Very strict on Security. Anyway - that was a chance for me to learn more about AI - and the potential. I do a lot of coding - and this changed the way I code - and started incorporating some of the things I learned. I call it my DirtyAI - because I thought what I had as far as Code - was good - but saw how I could improve the code - using what I learned from professional programmers - that work with AI.
Dirty Algos
1. Algos are Black Boxed
2. Absolutely - NO Backtesting - as there are NO Inputs
3. And absolutely - NOT - based on Indicators of any kind
4. Based on - mainly on what I call - True Price Action
5. Trade decision is based on looking at Multiple Markets - and other things
6. Works for Scalping and Scalp-Trend combination and Trend
7. Same Algo works on all instruments
----------------------------------
----------------------------------
Here are some screen shots - all based on 10 day trading period
----------------------------------
Scalp Setup
----------------------------------
Trend Setup
----------------------------------
High - WinLoss Ratio - my Favorite Setup
----------------------------------
The follow snapshots show the same Algo - with Mixed Instruments and Mixed Intervals - again (NO Backtesting) - it is all about the Algo
Last edited:
I forgot to add the snapshot of the "HighWinLossRatio". Please see the chart above - that says "High - WinLoss Ratio - my Favorite Setup".
As it says - this is my Favorite Setup. Although it has a much lower Winning Percentage - please look at the following.
1. Percent Profitable
2. Average Winning Trade
3. Average Losing Trade
4. Ratio AvgWin/AvgLoss
This is because there are a lot of BreakEven trades. While I want Winners - if I am going to Lose on a Trade - I would prefer - to BreakEven. Sure - there will be times - you get in a trade - and the Market - immediately goes against you - and you LOSE. But - the key to surviving - is NOT to let a Winning trade turn into a Loser. I hope what I am saying - helps some traders.
This goes back to my early trading - I would have a Winner going - and watch it come back against me - end up LOSING on the trade. I am sure - NO other traders have experienced that - LOL. I finally solved the problem - which was ME - I must have been thinking - I was smarter than the Market - and the Market - decided to teach me a Lesson. Whenever I code - one of the main things I consider - is Protecting Profit - once I am in a Profitable Trade. Once Price goes into Profit - "x" distance - put your Stop immediately - to BreakEven or better - but leave room for Price to RUN. Traders do NOT need MY Algo to do that - it is so simple to do.
I hope this helps some traders. This snapshot is for the ENQH24 above - see the "High - WinLoss Ratio - my Favorite Setup".
As it says - this is my Favorite Setup. Although it has a much lower Winning Percentage - please look at the following.
1. Percent Profitable
2. Average Winning Trade
3. Average Losing Trade
4. Ratio AvgWin/AvgLoss
This is because there are a lot of BreakEven trades. While I want Winners - if I am going to Lose on a Trade - I would prefer - to BreakEven. Sure - there will be times - you get in a trade - and the Market - immediately goes against you - and you LOSE. But - the key to surviving - is NOT to let a Winning trade turn into a Loser. I hope what I am saying - helps some traders.
This goes back to my early trading - I would have a Winner going - and watch it come back against me - end up LOSING on the trade. I am sure - NO other traders have experienced that - LOL. I finally solved the problem - which was ME - I must have been thinking - I was smarter than the Market - and the Market - decided to teach me a Lesson. Whenever I code - one of the main things I consider - is Protecting Profit - once I am in a Profitable Trade. Once Price goes into Profit - "x" distance - put your Stop immediately - to BreakEven or better - but leave room for Price to RUN. Traders do NOT need MY Algo to do that - it is so simple to do.
I hope this helps some traders. This snapshot is for the ENQH24 above - see the "High - WinLoss Ratio - my Favorite Setup".
"4. Based on - mainly on what I call - True Price Action"
Yet you are showing pseudo bars.
What is true about that is trade by trade price does not plot that way.
It is easy to make comments like you did - but I will keep this positive.
Say on Monday or Tuesday - next week - you are welcome to come into a Zoom Room or Skype - and WATCH - in REAL TIME. And - if you want - I will change some of the "Intervals" - just for you - you tell me what you want - and you will see - in Real Time. While I doubt if you will come into a room - that is my offer to you. Hell - it may totally fail when you come in - who knows - but I am willing to let you watch - in REAL TIME.
If you decide to come in a room - send me a Private Message - I will then send back a link for a Zoom Room. Or - send me your Skype Name - if you have one - but do it in a Private Message.
Actually - I may do the same - for other traders - but send a Private Message.
IMO positive is keeping it real. Minute tick or volume based bars are real. All others are pseudo, especially the "coded" ones.
We seem to differ on that.
I gave my opinion. Others, can take it for what its worth.
You are more than welcome to come into a Zoom Room. While I disagree on some of what you said - I have been trading with these Algos for a long time - and they work for me - and my clients. I don't trade as much now though - as I really don't need too - and my focus is on supporting my clients.
Based on what you said about different types of bars - I just put an Algo - on some various Tick charts. Personally - I believe a "Tick" chart - is for lack of a better word - the "purest" - as it is based on Transactions.
If you want to see the results - and talk (aka - Bullshitting) - let me know - and I will be nice - LOL. There are some in the forum - I would never even want to talk too.
Regardless - have a great day.
Most traders - including myself in my early trading days - added one or more Indicators to our Charts. We would start out with one indicator - then add another and another and another etc. - as we needed "more" information to Enter and/or Exit a trade. I am sure - many traders went out of business - because they had "too much" information on their charts and they often had "multiple" charts - just to make a decision on a trade. It happened to me - in my early trading days - and I almost went out of the "trading business" - more than once. The point is - most traders end up making things - way too complicated - and I was just as guilty of that when I started trading.
I encourage traders - to keep things as Simple as possible. My Motto is - "Discipline plus Simplicity equals Success" and I do as my Motto says.
The following snapshots show different setups - Scalp -- Scalp/Trend Combination -- Trend. I took these snapshots a few minutes before posting in my old thread.
Have a great day - I wish all traders much success.
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--NOT - based on Indicators
--IS - based on what I call - True Price Action
--NO - Back Testing and therefore - NO Curve Fitting
Scalp
Scalp/Trend Combination
Trend - with High-Win/Loss Ratio - my Favorite Setup
I encourage traders - to keep things as Simple as possible. My Motto is - "Discipline plus Simplicity equals Success" and I do as my Motto says.
The following snapshots show different setups - Scalp -- Scalp/Trend Combination -- Trend. I took these snapshots a few minutes before posting in my old thread.
Have a great day - I wish all traders much success.
------------------------------------------------
------------------------------------------------
--NOT - based on Indicators
--IS - based on what I call - True Price Action
--NO - Back Testing and therefore - NO Curve Fitting
Scalp
Scalp/Trend Combination
Trend - with High-Win/Loss Ratio - my Favorite Setup
Hello VSTscalper,
Why not trade these algos you built with live real money? Even if just use the micros.
I never said I didn't trade my Algos. I DO - trade my Algos - when I have time. Once in awhile - I will trade the Micros - but I prefer trading the Minis. I will say - the Micros are great - for Testing Code.
I have Clients - that use my Algos - so - I really do not need to trade. The important thing for me - is to support my Clients.