Indeed. But that makes the challenge of finding a suitable strategy even harder! Now we can't even filter on good performance. Any slightly profitable random strategy could potentially be a good candidate for our portfolio Sorry, I don't ...

Survivorship Bias

Twenty is very ambitious, but I am sure if we keep generating millions of random strategies we will eventually find one at that level. With such a recovery factor that strategy will have an extremely beautiful equity curve over the test period, but ...

Survivorship Bias

Of course not. Otherwise none of us would be in the game. That is not quite what I meant, but indeed if you generate millions of garbage strategies, some of them will look very good. Yes, that is exactly my point. How useful are the above mentioned ...

Survivorship Bias

I think you missed the point of the article. When you start with millions of strategies, regardless how agressively you filter out "bad" strategies, you will still end up with several "good looking" strategies even if these don't have an actual ...

Survivorship Bias

Read “Trading Systems” by Urban Jaekle and Emilio Tomasini during my holidays. They seem to dislike the Kelly Criterion and suggest in section 8.3 to track the Moving Average over the last 30 equity points. When equity crosses down the MA(30) stop ...

Portfolio risk allocation/abandoning losing strategies

You might find this thread interesting: url

Correlated Currency Divergence Strategy

Why would it repaint? With each incoming tick it will decide whether it is still part of the current bar, or whether a new bar must be opened. Once a new bar is opened it will not go back. I don't think an ATR-based Renko chart needs to repaint. The ...

Renko Trading Discussion

This reminds me of this post made by @alphaomega: url That is a very valid point. So perhaps Renko charts should be based on some percentage of the ADR? That way, the chart of each symbol will get approximately the same amount of "detail" each day ...

Renko Trading Discussion

My own automated strategies use indicator inputs based on the M5, M15 and H1 timeframes (combined with pure price action). Sometimes I use multiple TFs in the same strategy, so I always make the timeframe an input parameter. This also prevents human ...

Timeframe for Automated Trading

Another member reactivated this thread, which moved it back to the top of the forum lists. Sorry for responding to an ancient thread. The most robust method when working with data with occasional "outliers" is to work with median values, instead of ...

Obsolete and inefficient concepts which we take for granted

If something seems too good to be true, it probably is. Do you think the big institutions hiring hundreds of PhD's would not have something similar if consistently making 3% per day were possible?

Good or Fake EA

1. Click the "Search" field at the upper right of the FF website 2. Type "gann square mq4" Done.

Gann Square of 9 MT4 EA

I could not resist making this post. Not because I want to say "Told you so!", because it is painful to see someone lose $10,000, but as a warning to others reading this thread who might have believed the strong opinion of @gepards. He has been ...

Forex markets seems to have changed

Good that you are thinking outside the box! :-) Typically Renko bars are used to abstract away the underlying price action to present the user a simplified view on the market. Indeed, as you suspect, there are some details lost about what happens ...

Renko Trading Discussion

I don't know if @gazgaz2000 was joking, but I am certainly assuming he is exaggerating because like @dave illustrated, with these statistics you can retire in a year. I really wish @gazgaz2000 all the best and hope for him this is true. In that case ...

Have I found something useful, or is this time wasting?

With that winrate at that RR you don't need to improve anything and only need to worry about what island you are going to buy ;-) Have you considered hiring a coder to create an EA for you? Of course, that is only possible if you have strict ...

Have I found something useful, or is this time wasting?

Yes, indeed. You must also consider the losses while backtesting. Use all historical data to backtest your strategy without filtering unpleasant date ranges. That way you will see if your profits exceed the losses. Your backtest will include those ...

Have I found something useful, or is this time wasting?

Indeed! Your EA should survive many years of price action without filtering out any date range. You can not predict when the market goes crazy (if you could, you would use that knowledge to become very rich). Therefore, always use many years of data ...

Have I found something useful, or is this time wasting?