Forum Replies Created
Hey Notch, thanks for the input. So you guys are kind of bursting my bubble here. I was trading with fixed risk of account for the last 3 years (2 of them manual). You guys use a fixed amount on each of your strategies? Can you elaborate on the logic? Ilya
Sorry for the delay; I completely misread the post earlier trying to do to many things at once. I actually thought the topic was about the inclusion of money management in optimization. In which case I would have written: Using anything other than a fixed amount introduces unfavorable bias in the optimization. The bias leads to the optimization favoring successful trades earlier in the data when, some would argue, the ideal is the introduction of a favorable bias in the other direction akin to an exponential element.
But to address the original topic: the money management approach is going to be driven by what one hopes to achieve with a particular portfolio; there’s certainly no “one glove fits all” where money management is concerned; I use fix money amount when scalping, I use ATR SL/PT and fixed % risk with large multi-symbol portfolios, I use balance per lot with grids and fixed % risk of account balance with fixed % risk of the square root of cumulative profits for others. This is driven by the trader’s risk preference and can’t be prescribed to experienced traders without a knowledge of the trader’s risk/return indifference curves; doing so would simply be nonsense akin to recommending a 50 indicator manual trading system to a color blind information overload sufferer.
Hi, here is my best Portfolio on demoaccount. If you want you can install this on demo or realaccount. I attached the mq4 stratgies this Posting. I attached a Analysis of this strategies too. please install this strategies on demo/real accounts. We can compare the results and search the best broker for this. I will be happy for Response
I generally agree with you about the secrecy thing.
Like most things, there are special cases. For example say there is a Econometrics Professor with salary of 250,000. Since genetic builder came out (was that 2010?) they have spend 50% of their leisure time building a body of SQ intellectual property including SQ modelling concepts that haven’t even occurred to us. I would certainly understand this Professor being secretive about their discoveries because the investment in time (years) is significant; to give all that work to a person who has been using the software for a year or two for altruistic reasons is unlikely and many would view that as understandable. Consequently, there will always be an inverse correlation between the investment in SQ research time and the researcher’s willingness to be open; this assumes we SQ users are a representative sample of the general population. No doubt many will disagree but the Free-Rider problem isn’t new and even the best academic minds haven’t arrived at a perfect solution although Nash’s Game Theory is arguably the best of a bad bunch.
Its just a wasting of time to try to explain you something. Better go to work on cooperation with B118
Explanations from folk who go around in cycles trying to solve the same problem for years on end will always be a waste of time. Jeez, folk still debating the merits of a 10 vs 100 strategy portfolio…smh…it must be too difficult to read anything by Markovich or his modern contemporaries. :)
Green pips to you.
Reality: 1. Opening multiple threads on exactly the same topic falls under the definition of spam. “verb: send the same message indiscriminately to (a large number of Internet users).” 2. The last time I logged on and filled the form the cost was $400 pa. $400 X 100 = $40,000 pa. Has something changed? So the stuff about openness and bugs is moot in the context of the above. The above points are/were facts so to call facts nonsense and outside-reality based on an emotional spasm is certainly Trumpseque.
I’ve visited Discord. It’s a good initiative, well done; it’s just unfortunate most long time SQ users are still wrestling with the same model development issues from 2014. That’s an eye opener for sure.
1. Opening multiple threads on exactly the same topic falls under the definition of spam. “verb: send the same message indiscriminately to (a large number of Internet users).”
2. The last time I logged on and filled the form the cost was $400 pa. $400 X 100 = $40,000 pa. Has something changed?
So the stuff about openness and bugs is moot in the context of the above. The above points are/were facts so to call facts nonsense and outside-reality based on an emotional spasm is certainly Trumpseque.
We need to be able to import custom indicator data. If I was developing in SQX, it will be a lot easier if I can import custom indy data to compare against the data generated by coded snippets. There are simply too many high value reasons for allowing this import functionality.
Many of the issues with custom indy file import are over come by simply allowing the import of the data along side the OHLCV. It is very simple to build into SQX and Mark has already stated this in a post made over 6 month ago.
Some of us haven’t the time to trouble shoot the SQX snippet editor not knowing if a bug is due to SQX or the coder’s code. At least if the file import was made available one could still follow legacy workflows and also experiment with the editor. The only thing not including this very simple legacy functionality has done is to prevent a number of veteran SQ users from being able to make the switch from SQ3 to SQX, meaning their vast experience cannot be transferred to SQX then passed onto the community. This is called a lose lose situation.
– always use MM in BT which you will be trading – if ATR SL is in strategy it could lead to another diff. Using %risk or risk in money need bigger capital. Using %risk is the worse MM i think, because the open positions will raise in the time where the strategy will be profiting. But after profits come loosers and you will be trading biggest positions
I think the best practice is to use MM with fixed amount per trade, you can easily scale up, but most importantly you can compare all different strategies with each other.
Good work people!!! Open source, FREE collaboration makes me smile. Normally in this game those who are successfully making decent money from their models aren’t concerned about recovering a couple of 100 bucks per annum from community services provided. Why would they be when they have many income generating models?
- This reply was modified 3 weeks, 6 days ago by notch.
Anyway, I also dont want to be the negative distractor here. Everybody can decide on his own if the subscription fee is worth it or not. And if you start to build up such group of people then you make the rules and can ask or not for any fees or conditions. Do you guys think it is possible to create a group of SQX real enthusiasts (without fees) that is living just from contributing, sharing strategies and where only active members are part of this group? Has somebody any experience which free platform/software would be the best to run and administrate the group? I think I am not the only one who has a dedicated server, but if there is some interest, I can install such software on my linux server and this will be also a part of my contribution.
I have no experience with group admin’ software however I believe the strategy model database found at the link below will be a massive help to your endeavours:
- This reply was modified 1 month, 2 weeks ago by notch.
If you are getting value from the paid service then good for you, it is a fee well spent.
I imagine 30 to 100 members @ $400 dollars a pop ($12,000 to $40,000) should be more than enough to cover the VPS expenses and is clearly in the community spirit. We could probably hire 4 part-time or 2 full-time members of staff for that amount.
Anyway, onto other topics of discussion. I really do not want to be the negative distractor.
Perhaps we have the
How to automatically test 800 strategies every month? Tell me pls. How to compare these tests automatically with their historical values? You wanna do it one by one Ilya? Try to ask the programmer what would what be the price for this solution.It is funny how quickly somebody can judge something without any informations ;)
Clonex my old buddy!!
Maybe the folks that are judging have the information ;)
Jeez, I should create a little YouTube video of how to use TestCommander quickly then I could charge $800 per year!!! Hmmmm, nah…far too busy.
Anyway, the link solves the 800 model mt4 testing problem etc. It’s a weekend job to get it up and running.
Take care all and watch your dollars, especially the $400 type. ;)
$400 fee for what? For stuff that costs $30 to $40.
It looks like a money grab, pure and simple. Which is ironic since you’d think a person claiming to be a strategy building wiz would get more value from altruism than a few dollars from the needy; after all the models should be earning a nice pile of returns.
If folks can’t make their own tradable strategies yet, I suggest you use the $400 to buy 5 to 10 back-tested and live account forward tested strategies from mql5.com.
- This reply was modified 1 month, 2 weeks ago by notch.