Recent content by mballagan

Stock Trading Techniques based on price patterns. Profitability and Systematic Trading. Both by Michael Harris.

I think it would be tough to recreate the complex data mining engine in the APS software. I am a programmer but still would struggle - I think you misunderstand what lies under the hood.

APS Version 8 I bought APS last year version 4.98 and spent a few months last year playing around with it but didnt tap its true potential. I can upgrade to version 8.0 but its an extra $500 and although retail sales will stop I will get 2 years email support and a 5 year license. Would you...

The competition was a virtual account of USD10,000 so I havent lost any real money this time but I am aiming to trade a live account next year. You are right its gambling and I learned my lesson. I will see if I can create profitable systems using APS patterns with data sampled properly...

Thanks for the link - useful info on number of bars required for statistically significant patterns. Will go back to the drawing board and test systems using proper risk management e.g 1% of trading capital on each trade.

The period was 02.01.2008- 18.09.2008 and contained 1105 4HR bars (I got the date period wrong in my last post). Looking at a weekly chart of EURAUD it had been trading in a range for the last 3 years I would have to go back to 2004 to catch a significant downtrend. It has moved very suddenly...

I ran an extended search on EURUSD 15 min data for the year 2007 (24542 bars) with a search range of 4000 and a target profit & stop of 25pips with a 70% profitable target. This gave 38 long patterns and 9 short patterns. A trading system was created based on these patterns as following: Buy if...

Sorry I got my numbers wrong - I had 65000 bars in a file that had a couple of years data in it. EURUSD 15 min for 2007 gives me 24542 bars using the Metatrader platform. Thanks for pointing that out. So would require a search range of just over 2000 bars to cover the last month of data.

Thanks, I read the help file and it makes more sense now. In a file containing one year of 15 minute forex data you have more than 60,000 bars so to ensure that the patterns you search for occur in the final month of the data a setting of 5000 for the search range would be required - 500 is...

I havent looked much at delayed patterns yet but as Alexander has mentioned wouldnt you be looking for signals given by the normal patterns followed by the delay patterns? I experimented with a 20 pip profit/stop loss on EURUSD 15 min data with 70% profitable trades. I used 2006 data and set...

Ron, Yes I initially extracted patterns using APS for 1 hour GBPUSD data, using one year of data then forward testing on 3 months. I was using the OR condiition on the patterns to enter a trade but as you have mentioned on a previous post this is not a good approach. I'm currently looking for 2...

Which forex markets are you looking at for the 15 min timeframe and whats the profit target/stop loss please?

I recently started using Neuroshell and the CSSA indicators. I ran a test using the same data as in your example and the same settings for the long/short entries#0. One year of backtesting, one year trading, no optimisation. The results are below. The back test period is mid 2006 - mid 2007...

Alex, thanks for the feedback. Do you look for a certain number of signals on the same bar such as number >= 3 for example, or wait a few bars for a signal in the same direction?

Thanks Ron will experiment with the AND method and see if I can get better results.