First of all you need to know what you are trying to achieve. Without knowing that is like heading off on a long trip without a map.
Are you trying to build a mean reverting, trend following, breakout or other type of strategy.
Is it intraday, end of day or even end of week or month?
Short time on the market or longer hold?
Based on price action or oscillating indicators or a bit of each?
After a while you will find what suits you – but only after a few thousand failed attempts. If you have not yet got 1000 strategies that you already created that do not work then you are nowhere near ready to go live with real money!
If I ever run out of ideas to test then I just hit Google and search out other peoples blogs and webpages and see what they are trying out. Coding someone else’s idea is a good challenge and very educational and you have the benefit that they have already tested it for you so you know whether it is worth continuing with from their report.
