Learning profitable automated trading

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Old Mar 3, 2010, 12:57pm   #81
Joined Mar 2007
Re: Learning profitable automated trading

oildaytrader started this thread Last demo expired and started a new one
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Old Mar 10, 2010, 5:20am   #82
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Re: Learning profitable automated trading

oildaytrader started this thread This thread will also give new traders experience of losing .Here is a losing sequence and losses incurring.
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Old Mar 10, 2010, 9:34pm   #83
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Re: Learning profitable automated trading

oildaytrader started this thread Here are some experts to autotrade stocks on demo accounts only.Place the experts on stock charts for intraday trading on opening range breakout systems.

These are to experience auto trading on stocks.
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Old Mar 11, 2010, 7:48am   #84
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Re: Learning profitable automated trading

oildaytrader started this thread Here is an expert using rsi set ups .Interesting to read source codes.
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Old Mar 11, 2010, 6:14pm   #85
 
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Re: Learning profitable automated trading

ODT, are you trading any EAs live with any success? If so, what kind of backtest results (or forward tests even) satisfied you before you traded them? On how many markets?
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Old Mar 11, 2010, 9:27pm   #86
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Re: Learning profitable automated trading

oildaytrader started this thread
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Originally Posted by Adamus View Post
ODT, are you trading any EAs live with any success? If so, what kind of backtest results (or forward tests even) satisfied you before you traded them? On how many markets?
Adamus

I trade my first major system consisting of 11 expert advisors on live accounts.Success depends on market conditions, currency market has been choppy lately, given the market conditions the experts are still profitable.Expert advisors are highly profitable when the markets give a feast of large trending days.

Backtests should show low drawdowns and high profit per trade.Drawdowns should be 1/3 of three years profits and average profit per trade should be at least 7 pips.At least 6 months of forward tests on live accounts with micro lots are required.

The most promising market is forex , overnight closure , gaps and lack of sufficient data and time to develop, make it difficult to develop profitable experts for oil,commodities and indexes.It should be possible to make good experts for other markets.

Here is a link to codes for experts for those interested.

http://www.forexmt4.com/_MT4_Experts/

O D T
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Old Mar 12, 2010, 8:26am   #87
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Re: Learning profitable automated trading

oildaytrader started this thread The majority of automated systems purchased fail because market conditions change over time and traders become too reliant upon systems that they don't understand and as a result, are unable to objectively recognize and respond to these changes.The key is to develop your own automated systems and have them coded by a professional coder. The solution is to run a portfolio of automated trading systems.

More info on automated systems.

http://hubpages.com/hub/Forex-TSD-expert-advisor-scam
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Old Mar 13, 2010, 11:37am   #88
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Re: Learning profitable automated trading

oildaytrader started this thread In the link below is a moving average expert and codes.Moving average systems are lagging systems , they fail in choppy markets.There are more professional coders with better coding styles , which do not interfere with other experts on same platform.

Try backtesting moving average systems and learn something .

http://www.trade2win.com/boards/meta...ml#post1057518
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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, 7:38pm   #90
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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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