some say the there is no point using data from 20 years ago. I believe the more data the better. If I can find a strategy that made money steadily for 20 years it tells me its worth to explore. You can easily find a strategy that made money for 7 years but failed for other 13 years.
Keep in mind you should always have some separated portion of data (like last 2 or 3 years) that is used to evaluate historical performance trend. If the strategy continues to perform in a similar fashion it is again a very good clue it could continue performing in following years …
every user could use different workflow – some of thems using WFM only as a robustnest check, so they are not using optimised parameters for the future, some of them does…etc. etc.
for me its a question of your workflow and your experience – how do you set the WFM, how do you evaluate it and what you will do with the info provided from WFM
there is nothing like “best way”
You want to be a profitable algotrader? We started using StrateQuant software in early 2016. For now we have a very big knowhow for building EAs for every possible types of markets. We share this knowhow, apps, tools and also all final strategies with real traders. If you want to join us, fill in the FORM. 1500+ final SQX strategies for members running on demo accounts to verify the edge DEMO ACCS. We provide also strategies for indices - DAX, DOW JONES, NASDAQ, SP, UK, because we have realtick data from our brokers.
You must be logged in to reply to this topic.