Learning profitable automated trading

This is a discussion on Learning profitable automated trading within the General Trading Chat forums, part of the Reception category; Start designing your own trading system and testing it. Moving averages and breakout systems will always be lagging. In other ...

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Old Mar 13, 2010, 11:57am   #89
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread Start designing your own trading system and testing it.

Moving averages and breakout systems will always be lagging. In other words, they can never hit the exact top or bottom of a trend. This inevitably results in a forfeiture of potential profits, which can sometimes be significant.

http://www.investopedia.com/universi...ingsytems2.asp

http://www.investopedia.com/universi...ms/default.asp

Trading system coding introduction

http://www.investopedia.com/university/systemcoding/

Analysing back tests

Sortino ratio, sharpe ratio and other ratios

http://en.wikipedia.org/wiki/Sortino_ratio

http://en.wikipedia.org/wiki/Sharpe_ratio

Analyzing Backtest Results in Metatrader Strategy Tester

http://thetrademachine.com/blog/2009...rategy-tester/

http://alansforexblog.com/2010/02/10...rategy-tester/
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Old Mar 20, 2010, 6:38pm   #90
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread Here is an update on automated currency programs. The programs went on live account on 21 st December 2009 with £ 6,500 and have produced £1532.51 profit in 3 months. The automated programs were trading $1 per pip with real money.

The annualized actual return is calculated as £1532 *4 quarters , equivalent to £ 6,120 annually over the required capital of £20,000 .This is equivalent to 30 % per annum actual return. The return would have been higher and in the region of 40 %, except I closed some trades earlier and manually. Returns would normally be higher in favorable market conditions

My automated programs can make around $20 m a year in risk free income for a $300m currency fund .Bill Lipshultz A currency fund manager makes about $15 m a year in risk free income from fund management fees. Over 10 years they can generate $200 m in risk free income.This is why we must keep these programs a secret.

The above is the first major system consisting of 11 trading systems , it was improved last autumn and restarted on live accounts. The second major system consisting of 25 trading systems is under re-testing and will be ready to go on live accounts at beginning of June. The third major system consisting of 18 trading systems will be ready to go on live accounts in beginning of may. The combination of 50 systems makes the automated trading systems more robust.
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Old Mar 23, 2010, 2:42am   #91
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread Hi guys

This is my last trading statement on automated demo account.I trade live accounts and need to spend my time to concentrate on live automated systems.
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Old Mar 26, 2010, 2:18pm   #92
Joined Feb 2009
Re: Learning profitable automated trading

Quote:
Originally Posted by oildaytrader View Post
Hi guys

This is my last trading statement on automated demo account.I trade live accounts and need to spend my time to concentrate on live automated systems.
This doesn't look like a profitable strategy. It just looks like you got lucky!
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Old Mar 26, 2010, 2:29pm   #93
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
Quote:
Originally Posted by cedricthefrog View Post
This doesn't look like a profitable strategy. It just looks like you got lucky!
The demo version is entertainment version and learning/experiencing automated trading.It wasn't meant to be a profitable system .
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Old Mar 26, 2010, 3:30pm   #94
Joined Oct 2006
Re: Learning profitable automated trading

not being a programmer myself, what does one need to look at getting the EA programmed? I will appreciate some guidance if anyone has sucessfully programmed an ea
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Old Mar 26, 2010, 3:45pm   #95
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread
Quote:
Originally Posted by Marwan2010 View Post
not being a programmer myself, what does one need to look at getting the EA programmed? I will appreciate some guidance if anyone has sucessfully programmed an ea
Need a few good strategies /systems (a set of rules i.e stop, entry,exit,b/e,filters for entry etc for machine to follow) , a good programmer , back testing data preferably over many years and loads of free time .

O D T
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Old Mar 27, 2010, 6:46am   #96
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread My portfolio of automated systems consists of 10 swing strategies using stochastics, cci,macd ,momentum , price and other variations .Indicators work and we have used them cleverly in this package of systems.There are 10 breakout strategies and trending strategies catering for different market conditions.It includes 10 ranging market strategies.In addition there are zupconite versions of Zupconite pro strategy using the above 30 strategies.All together there are approximately 55 systems trading simultaneously .

This trading systems portfolio is probably as sophisticated as complex systems used by banks for order routing.There are so many variations with complex tweaks and turns, most learners would get confused trying to understand my system.
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