Testing collective2

guest_trader_1 · Oct 17, 2022

Recently I started testing this company to see if it is worth developing something there. I came across this algo:

https://collective2.com/details-list/140372245

I downloaded the trades to see if I could make sense of them and to my surprise it is all over the place. Prices don't match with market data, timestamps are wrong and I can't see the profits that they are claiming to produce.

I developed a bit of a software with the light-weight charts library from TradingView and as an example I highlighted one trade to back my point.

The software is pretty simple, I click on the trade and it shows it on the chart. As you can see on this one, they are claiming to have made $784, the entry is clearly on top of the exit, so it should have been a loss.

They are many trades like this one, so I have no idea what is going on there.
Did anyone have better luck with other strategies? I am happy to try something else if this one is just an example and does not match a real strategy.

They clearly say on top of the page that "These are hypothetical performance results that have certain inherent limitations". Does that mean that is all fake and made up?

spooz · Oct 17, 2022

angrytrader said:
Recently I started testing this company to see if it is worth developing something there. I came across this algo:

https://collective2.com/details-list/140372245

I downloaded the trades to see if I could make sense of them and to my surprise it is all over the place. Prices don't match with market data, timestamps are wrong and I can't see the profits that they are claiming to produce.

I developed a bit of a software with the light-weight charts library from TradingView and as an example I highlighted one trade to back my point.

View attachment 297645

The software is pretty simple, I click on the trade and it shows it on the chart. As you can see on this one, they are claiming to have made $784, the entry is clearly on top of the exit, so it should have been a loss.

They are many trades like this one, so I have no idea what is going on there.
Did anyone have better luck with other strategies? I am happy to try something else if this one is just an example and does not match a real strategy.

They clearly say on top of the page that "These are hypothetical performance results that have certain inherent limitations". Does that mean that is all fake and made up?

Not necessarily. You just have to find a chart on which it works. People have been doing that in "How to Trade" books for decades. It's how you make money from the market without trading.

guest_trader_1 · Oct 17, 2022

spooz said:
Not necessarily. You just have to find a chart on which it works. People have been doing that in "How to Trade" books for decades. It's how you make money from the market without trading.

Read my post again.

hilmy83 · Oct 17, 2022

angrytrader said:
Recently I started testing this company to see if it is worth developing something there. I came across this algo:

https://collective2.com/details-list/140372245

I downloaded the trades to see if I could make sense of them and to my surprise it is all over the place. Prices don't match with market data, timestamps are wrong and I can't see the profits that they are claiming to produce.

I developed a bit of a software with the light-weight charts library from TradingView and as an example I highlighted one trade to back my point.

View attachment 297645

The software is pretty simple, I click on the trade and it shows it on the chart. As you can see on this one, they are claiming to have made $784, the entry is clearly on top of the exit, so it should have been a loss.

They are many trades like this one, so I have no idea what is going on there.
Did anyone have better luck with other strategies? I am happy to try something else if this one is just an example and does not match a real strategy.

They clearly say on top of the page that "These are hypothetical performance results that have certain inherent limitations". Does that mean that is all fake and made up?

entry is 12221.58 exit is 12265.56
9 contracts
spread is about 43.98 pts, at 9x.5 $/tick
that's about $791 profit. minus commission that C2 uses

guest_trader_1 · Oct 17, 2022

hilmy83 said:
entry is 12221.58 exit is 12265.56
9 contracts
spread is about 43.98 pts, at 9x.5 $/tick
that's about $791 profit. minus commission that C2 uses

have you checked the market data? match it with real market data

Bad_Badness · Oct 17, 2022

All sims in C2 are super-auto-magic fills. Best price after the fact. So yes. But that strat looks nightingale-ish. 9 contacts? I thought the max was 3. Overnight? Oh my!

You can search for C2 and see other comments I made. Summary is the position syncc engine is not very accurate and best for slow moving instruments that are swing trades.

wmwmw · Oct 17, 2022

angrytrader said:
have you checked the market data? match it with real market data

It is normal C2 trade fills are delayed.
In most cases it is broker's fault.
The print on C2 web is on right time, but subscriber's broker account get late fills. Then you will get an email telling you the fill on web is invalid, it needs to match whatever fill in subscriber's account.

spooz · Oct 17, 2022

angrytrader said:
Read my post again.

I was answering the question in the last sentence. The one with a ? at the end.

Snuskpelle · Oct 17, 2022

Was a while ago I spent any time on that site, but assuming no changes since I last checked:

C2 algos can either list "magic fills" (based on shitty simulation) or by actual fills from subscribers, subject to the algo publisher's discretion (and practically, whether there are any subscribers). The latter is time variant on market impact due to actual capital allocated to algorithm based on the subscribers. The order subscribers are filled is random. There are delays, not suitable for anything but high latency trading. If algo needs a market fill (for an adequately liquid instrument) a particular second (or possibly even minute) it's fudged.

schizo · Oct 17, 2022

angrytrader said:
Recently I started testing this company to see if it is worth developing something there. I came across this algo:

https://collective2.com/details-list/140372245

I downloaded the trades to see if I could make sense of them and to my surprise it is all over the place. Prices don't match with market data, timestamps are wrong and I can't see the profits that they are claiming to produce.

I developed a bit of a software with the light-weight charts library from TradingView and as an example I highlighted one trade to back my point.

View attachment 297645

The software is pretty simple, I click on the trade and it shows it on the chart. As you can see on this one, they are claiming to have made $784, the entry is clearly on top of the exit, so it should have been a loss.

They are many trades like this one, so I have no idea what is going on there.
Did anyone have better luck with other strategies? I am happy to try something else if this one is just an example and does not match a real strategy.

They clearly say on top of the page that "These are hypothetical performance results that have certain inherent limitations". Does that mean that is all fake and made up?

You're right. The prices on the chart don't line up with the timestamps on C2. But what timezone is that timestamp? Chicago time?