Despair wrote:

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.

//Quit the robot if things are going bad
Totalrisk= 50 //numbers of pips to be lost for quit the program
Q=MAX(Q,(STRATEGYPROFIT/pipvalue/n))
R=Q-STRATEGYPROFIT/pipvalue/n
IF R > totalrisk THEN
QUIT
ENDIF

IF STRATEGYPROFIT < (-1*totalrisk) THEN
QUIT
ENDIF

Cool tool thanks for sharing

and 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.

verdi55 wrote:

Vonasi wrote:

I 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?

I 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.

I’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

I personally suppose that trading is against some law of nature, such as the second law of thermodynamics , which says that there is no gain without work.