SQ Newbie for Crypto Exclusive Strategies
3 replies
ferdajairo9
1 year ago #284394
<p class=”p1″>Hello all, just landing here for the first time.</p>
<p class=”p1″>I trade cryptos exclusively and I am looking forward to applying algo trading there.</p>
<p class=”p1″>I have watched the <span class=”s1″>Algo Trading Video Course</span> and then the <span class=”s1″>SQ MasterClass (Bundle)</span> several times.</p>
<p class=”p1″>Q1: I have a Mac Studio (2022) with an Apple M1 Max chip and 64 GB of memory and 10 cores (8 performance and 2 efficiency). According to your experience, is this computer considered one of the “powerful” computers suited to run the random generating of strategies? See the below the attached image with my Benchmark test for reference.</p>
Q2: I tried generating some strategies with the same exact settings that are used in the Video Course, but no strategies pass the filter and none are saved. I referred to this article as in the log all strategies are being dismissed due to “no trades” or “too many trades closing at the same bar”. I made sure the population isn’t too big (2nd image below), the filters aren’t too strict (3rd image below) and I toggled with the Stop Loss / Take Profit settings to make them bigger.
In trying to figure the problem out I toggled with the Stop Loss settings (4th image below), raising it higher every time, coming as far as 5000000 min pips and 20000000 max pips in the Fixed pips option for the Stop Loss size. But no results, it didn’t generate strategies either. I’m using H1.
I think that the problem has to do with the tick – pip concept in crypto. The exchange that I use to trade perpetual futures contracts, Bybit, considers every dollar in the position as one (1) contract, and their tick size for BTCUSDT, for example, is now 0.1. The data I have downloaded to SQ, however, comes from the exchange Binance, which uses a tick size of 0.1 as well for BTCUSDT. But of course, every coin has it’s own tick size, which I’m sure I’ll have to change manually in the Data Manager for later use of those coins in backtest.
I referred to this article, but it uses the CME exchange to trade and it functions totally different from how crypto exchanges work, which perpetual swaps are incredibly flexible with a minimum size of 1$.
I was unable to find posts about crypto in this Forum, it seems like I’ll be starting the discussion for this field as crypto is all I’ll be trading. So I’ll be coming here for help often, at least until I get it all sorted in the settings side. I’ll also be sharing my strategies and findings for those interested.
I’d appreciate any help finding out what isn’t working and why no strategies make it to the databank. Also, I’ll be happy to discuss these basic settings and strategies ideas with anyone who’s successfully using SQ to generate strategies.
Cheers
ferdajairo9
1 year ago #284427
Update: I have been able to generate some strategies with the use of templates, which automatically toggle the Building blocks and Cross checks and Ranking settings, while leaving the Money management, Trading options and Data settings intact. So I’ll work from here, those templates are very useful for newbies like myself.
tomas262
1 year ago #284458
FELIPE GOMES
1 month ago #288209
Hi! What templates you refering to?
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