Optimising – Curse or a Blessing??
Forums › ProRealTime English forum › General trading discussions › Optimising – Curse or a Blessing??
- This topic has 76 replies, 11 voices, and was last updated 6 years ago by GraHal.
-
-
04/17/2018 at 6:59 AM #6855404/17/2018 at 6:59 AM #68555
How often I reoptimize depends on the strategy. For strategies on daily bars i reoptimize maybe ever 6-8 months. If you have a WFA to begin with you can simply take the same intervalls that worked fine in the WFA. Well by far not all my strategies have survived. This would be amazing. But I’m in the tripple digits % for the year, so I can hardly complain.
Despair wrote:
Your procedure looks sound but I think running just 1-2 months on demo is not sufficient to judge the quality (if it is not a strategy trading very often, like several trades per day). I think it is more like 4-6 months evaluation that you need.
Why we have to test the code after so many testing? after a period of time the market conditions are compleaty different.
what I make is drawing all indicators involved in the trade, and write code for avoid certain scenarios. If I satisfied I trade in mini contracts with real money and study very carefully every trade. If I satisfied I activate the code in different markets.
i also add a switch int my code for exit, if it quits I start all the process again.
1234567891011//Quit the robot if things are going badTotalrisk= 50 //numbers of pips to be lost for quit the programQ=MAX(Q,(STRATEGYPROFIT/pipvalue/n))R=Q-STRATEGYPROFIT/pipvalue/nIF R > totalrisk THENQUITENDIFIF STRATEGYPROFIT < (-1*totalrisk) THENQUITENDIF04/17/2018 at 10:38 AM #68578I just added your Quit snippet to my database Leo.
18 Snippets logged now, please anybody if you see any snippets add them, edit is open for ALL on the link below.
https://docs.google.com/spreadsheets/d/1rgboqj7sVwsP9ZRhOduOefye48QMWC07jWVXCl-KJPU/edit?usp=sharing
1 user thanked author for this post.
04/17/2018 at 5:11 PM #6861604/17/2018 at 10:56 PM #68636I NEVER LOST, EITHER I WIN OR I LEARN
Well, this is a good principle. But it costs you money. And who would not have started trading, thinking : Wow, this is an easy way to make money, without work.
No, it is not.
04/17/2018 at 11:00 PM #68640and the question is always : WHAT do you learn ? Do you learn what does not work ? in most cases here, yes probably.
So, how do you learn what works ?
By studying chemistry, engineering, physics, mathematics. I only talk about the nerdy things, without human feeling or interaction.
04/17/2018 at 11:09 PM #68641I agree that multi time frame is very much another tool to help curve fit strategies but I personally can’t wait for it as it will make auto strategies easier to code
addiction
why are there no traders anonymous ? not yet ?
04/18/2018 at 7:03 AM #68642I agree that multi time frame is very much another tool to help curve fit strategies but I personally can’t wait for it as it will make auto strategies easier to code
addiction why are there no traders anonymous ? not yet ?
Sorry Verdi55 but I am not sure what you are exactly trying to say. Sometimes you can be a bit cryptic with your replies, Could you elaborate please?
04/18/2018 at 11:40 AM #68673why are there no traders anonymous ? not yet ?
For fun, I’ll guess an answer at Verdi’s cryptocity 🙂 …
You can’t post on here if you are anonymous, only as a member of the Community??
04/18/2018 at 1:10 PM #68680I think verdi55 means is that kind of meeting with people with the same addiction like you, like alcolism, etc. Verdi55 criptomessege to Vonasi was ” because you are looking forward to multiframe, which is a better way to curve fitting, you are a trader junkie”
and… about what I learn
yes, I learn how to loose money. The same way Edison learnt how not to do a light bulb or Wernher Von Braun learn how to crash rockets prototypes.
1 user thanked author for this post.
04/18/2018 at 1:31 PM #68683….then I have been misquoted. I wonder if Verdi55 is a politician as he has curt off my sentence so as to misquote me. The final bit was:as it will make auto strategies easier to code if for example you want to look at the monthly candles, weekly candles and daily candles and decide that today is a good day to enter but only once the markets have opened on the hourly chart to avoid large spread.
Far from being addicted and needing it as an extra drug I am suggesting that it will be a useful tool to improve our entry time to save on unnecessary trading costs. With these better tools we might yet be able to make a lightbulb or a rocket. I won’t suggest where to shove the rocket….. 🙂04/23/2018 at 9:19 PM #69026I’ve been a very successful trader for 10 years now and I’ve never optimised a method, strategy or idea – If I’ve had an idea I’ve simply manually tested it – my mantra is keep it as simple as possible, as long as you have a method that you know it’s expectancy and ratios you can skew the maths to move it in your favour and profit from – a few years back I spent a year trading a coin toss system which ended the year positive – which I’m willing to bet beat a lot of traders trying to trade
04/23/2018 at 11:29 PM #69031I agree that multi time frame is very much another tool to help curve fit strategies but I personally can’t wait for it as it will make auto strategies easier to code
addiction why are there no traders anonymous ? not yet ?
Sorry Verdi55 but I am not sure what you are exactly trying to say. Sometimes you can be a bit cryptic with your replies, Could you elaborate please?
Yes, I can, Have you ever made money with these methods ?
04/23/2018 at 11:32 PM #6903204/24/2018 at 10:24 AM #69058Yes, I can, Have you ever made money with these methods ?
Not sure which methods you are referring to exactly but I’ll guess you mean checking candles in multi time frames to improve probability of trading in the right direction. In automatic trading no as it is difficult (not impossible) to compare candles in different timeframes but I am absolutely certain that in manual trading I have using the theory. Buy on the dips is one example that springs to mind. When you buy at a good value price in a market that inherently wants to go up such as major indices then you have already increased the probability of being profitable. It is exactly why the big boys buy when the price is falling and sell when the price is rising. You will never beat an index buy and hold by only buying on rising prices – you have to buy when it is cheap and sell when it is expensive. Even if the method has not made me any money it will certainly have stopped me losing quite so much! 🙂
-
AuthorPosts
Find exclusive trading pro-tools on