Learning - Page 2 of 2

Max profit and loss each day in a trading strategy

10/10/2016 / Wing

8 Comments

Max profit and loss each day in a trading strategy

Resetting each day the daily target profit and maximum allowed loss.

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Category Learning

Breakeven code for your automated trading strategy

09/21/2016 / Nicolas

23 Comments

Breakeven code for your automated trading strategy

Since it is also a common request on forums, you’ll find below some examples of breakeven function to be included in any automated trading strategy.

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Category Learning

Build a simple indicators dashboard with prorealtime v10.3

08/23/2016 / Nicolas

19 Comments

Build a simple indicators dashboard with prorealtime v10.3

Recently on forum, someone ask me how to build a dashboard with multiple indicators informations. While it is not possible with version 10.2, the new graphical instructions of the new prorealtime version 10.3 can build an informative dashboard with any useful information you can imagine. Let’s see how to build a simple one in this blog article.

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Category Learning

Signal filtering and smoothing functions

08/01/2016 / Nicolas

4 Comments

Signal filtering and smoothing functions

This article deals with some functions that be can used to filter signals of any kind. Each individual code snippet present in this blog post would operate as data smoothing or filtering in your own indicators or automated strategies development. (more…)

Category Learning

Trailing stop with the Max Favorable Excursion (MFE)

06/07/2016 / Nicolas

38 Comments

Trailing stop with the Max Favorable Excursion (MFE)

I already posted an article about a complete trailing stop function in the blog a short time ago. This time I’ll make it with a different logic with the help of the MFE , the Max Favorable Excursion.

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Category Learning

Money Management ProRealTime Code

05/18/2016 / Adolfo

30 Comments

I’m sharing this small code part, in order to add it to any automated trading strategy in ProOrder. (more…)

Category Learning

Create stoploss with indicator informations in ProOrder

04/18/2016 / Nicolas

21 Comments

Create stoploss with indicator informations in ProOrder

I have a lot of questions on forums about how can we set a stoploss with values from an indicator or any other kind of points distance below or above orders computed by multiple of ATR. It is very easy to do it in ProOrder, and in this short article I will explain how to use conditional request to set a stoploss dynamically and accordingly to it.

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Category Learning

Debugging in ProBacktest with GRAPH instruction

01/06/2016 / Nicolas

7 Comments

Debugging in ProBacktest with GRAPH instruction

While developing with ProBacktest, or any other programming languages, it is always necessary to have a clue of what are the variables values at specific times. Since ProRealTime don’t embed any developer’s logs of any kind, a new instruction have come in the recent 10.2 version of the software, it is called “GRAPH”. This instruction is only available for the ProBacktest module. I’m gonna show how it works in this article.

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Category Blog Learning

Different kinds of Trailing Stop in ProOrder

01/02/2016 / Nicolas

27 Comments

Different kinds of Trailing Stop in ProOrder

Managing stop loss and risk with opened positions in an automated strategy is primordial. While we secure profit, we also limiting risk of bad win/loss ratio in a long run, with the help of “moving stop loss” aka trailing stop.

The ProOrder language embed different kinds of trailing stop and i describe them all in this article.

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Category Learning

How to create your own new technical indicator with normalized values

11/21/2015 / Nicolas

0 Comments

How to create your own new technical indicator with normalized values

In this article i’m gonna deliver you an how-to simple normalized oscillator creation method that can be adjusted by any values you wanna be parsed by the indicator itself.

Read boundaries indicator information while trading can be quiet effective, specially on momentum one to get informations about great momentum period or exhausted one. Bounded mean reverting informations like Stochastic indicator are not so effective as it relies on price centring process that need constant adjustment to the price moves. So let’s focus on momentum indicator here.

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Category Blog Learning

Practical use of martingale code in automated trading

10/31/2015 / Nicolas

18 Comments

Practical use of martingale code in automated trading

When it comes to automated trading, we often read that no automated strategy can be as good as a manual trading system managed by a smart trader with many years of trading knowledge behind him. That is true, and not true. Because every path lead to Rome, you know, there is not a single path to follow in trading ; while some people make a living with averaging down, some others loose everything with their bad stoplosses price levels.

Of course, i will not say that martingale money management is the way to get better and consistent profit, but it can give us an hedge on medium performance’s trading strategies that underperform some time.

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Category Blog Learning

Avoid equity curve fitting with ProBacktest trading strategy optimisation

10/22/2015 / Nicolas

1 Comment

Avoid equity curve fitting with ProBacktest trading strategy optimisation

Optimisation of a strategy is a major part of automated trading development. Despite its simplicity with the ease of use of ProBacktest optimisation module, there are a lot of traps where algorithmic traders almost always falls.

Optimising already made strategies can seriously lead to equity curve fitting phenomena. How to avoid this and take advantage of it, this is what this article is all about.

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Category Blog Learning