Manual WF to find the best parameters
- This topic has 2 replies, 2 voices, and was last updated 6 years ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
-
Hi All,
I found PRT WF does not work for me to find the best parameters set. Here’s my way…
- Extract all results from 500 sets of variables on IS (60%) and OOS (40%)
- VLOOKUP OOS with IS with same set variables to have compute overall Gain, Trades, Win Rate, etc..
- To eliminate bad sets of variable by excludes negative OOS Gain
- Shortlisted lines having consistent winning rate (e.g. > 55%) on each IS, OOS and IS+OOS separately
- Shortlisted lines having consistent overall average Gain with computation of “AvgGain (OOS)/AvgGain (IS)” must >-25% and < 25% (to avoid unwanted equity spike)
- Through step 3 to 5, lines should be reduce to only few lines and these variables should be good one (e.g. 20 lines)
- Finally, I will select one of them which generates the best OOS and its total trades (IS + OOS) must > than 50% of average trades (IS + OOS) from 20 shortlisted lines
I am more comfortable with the results vs build-in WF from PRT but its super tedious and heavy workload (if to validate each major forex pair + different time frame). My problem with build-in WF is that it’s only show the variables with Top Gain. In my opinion, consistent & steady variables are more realiable vs Top Gain.
Your feedback are welcome and I hope to learn something from your advice.
Br,
CKW
1 user thanked author for this post.
Viewing 3 posts - 1 through 3 (of 3 total)
Find exclusive trading pro-tools on 
Similar topics:
