I agree with PZ, I just have Noxa few days a go then I try to make some trading strategy, I used one of indicator,i.e. Qphase, implemente it into forex pair EURUSD 15m chart. Compare with other indicators, Noxa give the fastest result with few data (I use 6 days for optimization and paper trade within last 2 days), it requires less than 20 minutes to give the result. I am still testing the result with out of data.
One problem is to find the filter,for the signal, since the buy/sell signal sometimes occurred nearby as you can see on the chart (March, 10th 10:00 12:00) . For the moment I use stochastic indicator to confirm the signal. Any body can give advice to give filter for this signal and it may included as part of trading strategy?
I see there is parameter missing in my trading strategy rule,i.e. "Adj. Close", you use this while I use "Close" instead. Can you advise how to get this parameter? are they different?
Thanks for your prompt advise.
I would like to know more detail how you modify the parameter to remove false signal, as you state:
"I simply played a bit with the parameters and quickly narrowed down a setting that gives signals very good at spotting breakouts"
I try to use full optimization to find best parameter, but still they resulting some noise/false signal.
I think you are Noxa Master
This is correct. After reading about Singular Spectrum Analysis I realized how powerful the concept was. Instead of measuring the market as most indicators do, SSA first looks at the fundamental cycles through the variance they account for in the data and then uses them to reconstruct the cyclic components with no lag. When the fit is good, the cycle is usually very resilient. As a matter of fact I was able to find cycles that last several years on EOD data. On the DIA for examples a few cycles keep working even during the subprime mortgage crisis :cheesy:.
As for setting up the parameters, I would say that each instrument requires a specific approach. To me it will be quite challenging or even impossible to write down a process that applies to any timescale and trading strategy. I personally prefer to keep my mind as opened as possible so that I can adjust to changes in market regimes...
Is it possible for you try to find the parameter tuning for data file that I attached (EUR/USD.zip). It is 1m forex data file, mean time I try it by myself.