Forex strategy feedback

VictoriaAlgo

Junior member
34 21
Hi all,

Trading, coding and designing trading strategies can be a very lonely experience with very little feedback, but we don't complain because we love it. Anyway, I am starting this thread, so I can discuss ideas and perhaps get a little feedback about my designs and trading.

Thank you for reading :)
 
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VictoriaAlgo

Junior member
34 21
Okay. Let me kick off. What do you think of the performance of this back-test? It is a strategy I have been working on for nearly 12 months, the question is...can it operating like that into the future? Yes, the relative drawdown is very high indeed, but we can just use less risk and a larger account size.

Feedback please.

EXAMPLE.png
 
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Rufus_Leakey

Active member
218 95
Okay. Let me kick off. What do you think of the performance of this back-test? It is a strategy I have been working on for nearly 12 months, the question is...can it operating like that into the future? Yes, the relative drawdown is very high indeed, but we can just use less risk and a larger account size.

Feedback please.

View attachment 294923

Going from $100 to $58,043,449.44 for the almost 15 years of the backtest is a compound annual growth rate of about 145.1 percent.

It's an ok return for Trade2Win (this isn't EliteTrader afterall:)), but not quite as good as

If you think it's realistic, try it with a small amount of real money.
 

tomorton

Legendary member
8,326 1,314


Its not possible to evaluate a strategy from the equity curve. For example the equity curve of a Martingale system could look superb, rising steadily and for a long period of time - until it crashes to zero in 10 easy trades. The flight records and 27-year operating career of the Concorde were both superb, until it crashed.

Its also obviously impossible to optimise a strategy without knowing its component elements.

On top of which, there's a general rule in finance that you should never put your money in something you cannot understand.

So you're showing us a stellar performance but excluding anyone from getting interested. Why?
 

CavaliereVerde

Experienced member
1,398 1,801
For every 10.000 backtests you can find in forums ... you can find ONE live trackrecord.
😁
Profit Factor 1.38 is possible but there is a relevant probability that the parameters are overoptimized.
Usually the higher the performance the lower the robustness.
A backtest out of the context doesnt' tell nothing about robustness.
Lenght and n. of trades is ok but we should know the number of parameters and the optimization method.

With a growing backtest you have 1% of what you need to beat the market.
You are still missing:
  1. patience
  2. risk tolerance
  3. persistence
 
Last edited:

VictoriaAlgo

Junior member
34 21
Its not possible to evaluate a strategy from the equity curve. For example the equity curve of a Martingale system could look superb, rising steadily and for a long period of time - until it crashes to zero in 10 easy trades. The flight records and 27-year operating career of the Concorde were both superb, until it crashed.

Its also obviously impossible to optimise a strategy without knowing its component elements.

On top of which, there's a general rule in finance that you should never put your money in something you cannot understand.

So you're showing us a stellar performance but excluding anyone from getting interested. Why?
True again. MGale is limited to a max of 2 open positions at a multiplier of 2 and min distance of 30 pip.
 

CavaliereVerde

Experienced member
1,398 1,801
That is the reason there are a lot of algo bloggers and algo teachers and very few algo traders.
Even if you develop a strategy with the most robust or sophisticated process there is no risk and endurance involved. They just talk.
The trader walks the talk.
The trader invests his time and his money in his strategy.
 
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VictoriaAlgo

Junior member
34 21
That is the reason there are a lot of algo bloggers and algo teachers and very few algo traders.
Even if you develop a strategy with the most robust or sophisticated process there is no risk and endurance involved. They just talk.
The trader walks the talk.
The trader invests his time and his money in his strategy.
I learnt it the hard way, and I am not there yet. My algos actually do very well; the failure has come from manual intervention!!! The other aspects of algotrading simply didn't occur to me, and I tell you, they were not mentioned in any of the books and copious research material I read. As far as I can remember, there in no mention of it in Robert Pardo's book, for example.
 
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counter_violent

Legendary member
11,226 2,993
Okay. Let me kick off. What do you think of the performance of this back-test? It is a strategy I have been working on for nearly 12 months, the question is...can it operating like that into the future? Yes, the relative drawdown is very high indeed, but we can just use less risk and a larger account size.

Feedback please.

View attachment 294923

So what kind of strategy is it? bearing in mind that there is nothing new under the sun. Nothing that thousands of others have not considered before.
 
 
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