Recent content by trader3cnd

This one on the same subject is also good: Trading Based on Classical Chart Patterns is Modern Alchemy | Price Action Lab Blog

IMO the farther OTM you sell the less the risk but not riskless.

How would you apply the t-test? Is your distribution of returns/trades normal?

Not true. Just set the time period when you load the chart. Amibroker is compatible with Metastock language, it is cheaper and IMO a lot better with backtesting although I always liked Metastock graphics.

PAL isn't a backtesting program.

Looks like some kind of curve fitting to me.

Nothing...nada, nichivo...

Don't agree. Backtesting isn't about system selection. It is about system rejection. Huge difference that is. Here is a link to a blog that explains this.

In addition to margin you must account for drawdown of your strategy. The formula is: Capital = margin per contract + max. expected drawdown. In case you do not cover any drawdown you will be liquidated by the broker.

For just bactesting Amibroker is a perfect tool.

AlDousHux: code without any comments? That's like a brothel without pr*stitutes.

IMO trading 10K is a waste of time. Even if you get to 3 sigma and you generate more than 100% for 3 years in a row, you will end up with 80K in your account, something that is highly unlikely given the failure rate statistics. You cannot use a 10K account to start a trading business, like a...

The market is not that big IMO. Some of the features you mentioned are interesting like the HFT backtesting but I don't know how you're going to do that and if it makes any sense at all to do it anyway. Kelly = utility function? What do you mean by that? I have some ideas for better...

NNs are too old to have any predictive value at this point. They have lost their edge, if any at all.

Amibroker. Cheap but good.