Yep ... if you have MS-Excel, there is a free add-on called YASAI which is a MC engine. The attached spreadsheet can be a starting point for you.
1 idea ... how about you put some skin in the game? You match your prospect's $100 with $100 of your own pocket ... this solves the immediate...
MC sim = MonteCarlo sim
Your rules seem defined clearly enough to allow you to program that and backtest it. Since it is 1 trade / day, you should use at least 2 years...
I have never seen a system indicate anything re. future drawdowns. But I know one can use the trade distribution out of backtesting (or much...
I have 2 IQ.feeds ... I find them very reliable. There is a cost to that though, you could give a try to Ninja/Zenfire (although I have heard...
I use IQ.feed, my understanding is that every transaction comes in with its timestamp (to the second), so there is no dependency on the computer...
On that note ... "Evidence-Based Technical Analysis" by Aronson is a must read - at least if you want to understand how to make the difference...
When evaluating filters, I actually look at the performance figures for the inverse filter (that is, only the trades candidate to be filtered in...
In "Enhancing Trader Performance", Brett N. Steenbarger argues that most psychological problems in trading are rooted in insufficient preparation...
Taking 200 cars average per trade, your 2-days backtesting is about $1,400 / car for 97 trades, ie. $15 average per trade, before comms & slippage...
You should make a little reality-check - just for yourself ... $119.34 comms for 97 trades seems a little off - even trading 1 ES under ECMP....
If you do the maths ... with a win% of 50%, the odds of a losing streak of 7 losers in a row are about 1% ... assuming an average 10 trades per...
I wanted to thank you all for your constructive feedback ... at this time I have busied myself reviewing the differences between timeframes (V180...
I just have reliable tick data for CL, so this is all that I can test with. The system is designed to run on volume-bar charts, I just tested...
Exactly! You have nothing to say on the topic of interest, so shut-up - there is nothing wrong for you to stay out of this thread, you have...
Wow, you really helped ... I like your remake of the EMG classic "mechanical systems will always fail - they just fail"
Thanks, it is nice to know I am not the only one to see & trade this pattern. You'd be surprised with what I can do in automation ... and...
What's obvious is that you are lacking anything pertinent to say on the topic of interest. Why don't you keep quiet then?
The problem is A) you are making grand statements without giving any explanation to support these statements and B) you discuss anything except...
Separate names with a comma.