ProRealAlgos? Real or fake

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Viewing 15 posts - 91 through 105 (of 227 total)
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  • 02/23/2021 at 10:40 AM #162410
    zilliq

    No EUR/USD 1 mn if I remember but it doesn’t change a lot

    The stop loss is the strategy (you can read the code) is very important so with a little loss you can lose many gains

    If you see the picture of prorealalgos you can see the average loss is 4 times the average win, who is very big (Ok win/loss is high, but as we all know the past is the past, and not the future)

    That’s just my opinion

    02/23/2021 at 1:15 PM #162431
    snucke

    what are you even trying to say zilliq ?

    everyone who sees the results of the strategy understands that it has big losses and smal gains

    02/23/2021 at 2:36 PM #162441
    Monobrow
    zilliq wrote:

    If you see the picture of prorealalgos you can see the average loss is 4 times the average win

    4x and a 90% win rate?

     

    where do I send my money 😬

    02/23/2021 at 6:52 PM #162471
    zilliq
    snucke wrote:

    what are you even trying to say zilliq ?

    everyone who sees the results of the strategy understands that it has big losses and smal gains

    Hi

    Exactly what you say

    rare big loss and frequent small gains

    Average loss = 4* average gain according to the picture of Prorealalgos

    03/04/2021 at 2:57 PM #163133
    jmf125

    Quick question to the forum, at the end of the day has anyone enrolled and purchased one or all algos ?

    I just registered for the next trial starting in April. The algos have a very big loss/win ratio and the back test does not always reflect the figures listed on the web site.

    However, these guys are trying to be as transparent as possible it seems, and provide far more info than most other algos being sold on the market.

    03/04/2021 at 3:05 PM #163134
    jmf125

    I guess you did not take the plunge.  Did you keep monitoring after that ?

    03/04/2021 at 4:55 PM #163137
    zilliq

    Yes they are more transparent than most of website but, in my opinion, we haven’t all answers and elements to conclude

    Notably, there is a very big stoploss. So you can have many winning trades but with only a few you can lose all

    I use these algo on forex (yes I know it’s not exactly the same thing), BUT i see that it works well with some pairs and very bad with others

    Have a nice day

    03/04/2021 at 6:03 PM #163143
    Mattias

    Completely agree, I think they are transparent. I took the trial, but did not get the same results as they (partly my fault). I have not bought any algos, and I have no intention doing it either. Way too big risk. And I believe Zilliq has posted a question or two they have not replied to (yet).

    1 user thanked author for this post.
    avatar Bossebus
    03/05/2021 at 10:15 AM #163180
    jmf125
    GraHal wrote:

    All my Trial PRA+ Algos traded … see attached.

    Hi Grahal,

     

    Are you still following these algos or have you abandonned ?

    03/05/2021 at 10:27 AM #163183
    Vonasi
    ProRealAlgos wrote:

    I see that the position sizes differ from what we recommend. We recommend using factorized position sizes i.e. to set position size so that the risk is equally divided by the algos. I will use the same example as I did earlier in the thread: Running 1 contract on DOW at ~30000 is a 15 times bigger position size than running 1 contract on OMX at ~2000

    I’m not a ProRealAlgos user or even tester but it does seem clear from what they have previously said that position sizing is very important when running their algos on different instruments to even out the risk/diversification. If anyone is not doing this and/or not using the algos on the correct instrument or time frame then how can they be in a position to compare or comment on the results?

    03/05/2021 at 10:35 AM #163184
    zilliq

    Hi Vonasi

    I understand that diversification was used by them, but it doesn’t change the fact that each algo must be profitable after weeks or months

    Diversification is only another way to fit curve

    As I said I test on forex, on different pairs. Some works very well, some others not

    And as i previusly said, I don’t say they are bad algos, no (And thanks for you work Guys), but, we need some other datas to conclude, and personnaly I’m afraid by the very big stop loss (And so a very High win/loss ratio as usual)

    Have a nice day

    03/05/2021 at 10:48 AM #163186
    GraHal
    jmf125 wrote:

    Are you still following these algos or have you abandonned ?

    Yes I will be taking up the next Trial and I will ensure I run position size as per the PRTA code.

    I had (incorrectly) changed (position size) through force of habit … as when folk on here try to elevate returns on for example on DJI at Price 30,000 .

    The PRTA Algos factorized position sizes is the correct way to go on, for example, OMX at Price 2,000.

    03/05/2021 at 11:12 AM #163190
    Vonasi
    zilliq wrote:

    personnaly I’m afraid by the very big stop loss (And so a very High win/loss ratio as usual)

    …and as has previously been explained the win size/loss size ratio is completely irrelevant. What is relevant is that in a large sample of trades a strategy wins at least one penny more than it loses because then it can be classified as a winning strategy. It matters not one bit if it does this by winning 10% of all trades or by winning 90% of all trades.

    It seems that a strategy that has a high win rate and the occasional big loss is not your cup of tea…. so I would suggest looking for a strategy that wins 50% and loses 50% and all the wins and losses are the virtually the same size. Perhaps coin tossing?

    zilliq wrote:

    Diversification is only another way to fit curve

    Diversification is not curve fitting it is simply a way to spread risk and not put too many eggs in one basket and in a strategy that has lots of small wins and the odd big loss it is very important to reduce position size on instruments that are expensive to buy a piece of because otherwise one big loss on them could wipe out all your tiny wins on all your other strategies running on other cheaper instruments.

    Curve fitted diversification would be increasing position size on expensive instruments just because they did well in a back test just to make an equity curve look better.

    03/05/2021 at 11:27 AM #163193
    jmf125
    GraHal wrote:
    jmf125 wrote:

    Are you still following these algos or have you abandonned ?

    Yes I will be taking up the next Trial and I will ensure I run position size as per the PRTA code.

    I had (incorrectly) changed (position size) through force of habit … as when folk on here try to elevate returns on for example on DJI at Price 30,000 .

    The PRTA Algos factorized position sizes is the correct way to go on, for example, OMX at Price 2,000.

    I have also registered for the next trial, and I am currently reviewing the algos. I think it is worth an evaluation, some of algos seem pretty good and specially in conjunction of each others.
    I am  currently looking at correlation of the algos, and so far it does not look too bad. But of course all in the past. And yes some have a big ratio loss/win.

    03/05/2021 at 5:19 PM #163221
    Nicolas

    Creating a strategy in the aim to win at the end is already curve fitting, just sayin’ 😆

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