newbie003, Well, I can say this. What ever you choose, trade sim for 200 trades to see if you are profitable before risking real money. P.S. I am not a profitable trader, yet. I study Al Brooks.
Depending on the periodicity (the time-frame you are trading in), I view an iteration? Usually around 30 trades. So yes ... a group of 30. And then a group, of another 30. Then, you compare those "groups" or iterations to one another. There's going to be some give and take. If you are running 45% accurate; you should be aiming for $1 risked to $1.50 reward on average over iterations. So in other words? You're not going to lose 1.00 each time you lose, and 1.50x each time you win. But that should be the average, over a few iterations. Hope that makes sense for you. I might stretch that out to a group of 40 trades being an iteration. Just depends on the process really, but that's just me nitpicking.
The system without the divergence formula, well over a year. With it, coming up on 5 months. Looking to hire a coder to help with fully automating it.
Just jumping in the fray here... completely agree about comparing "iterations". Further, if the trade sample size permits, creating iterations of every nth sample (or day, or whatever slice/nth) helps introduce an element of market environment randomness, which, if understood, provides further (human)confidence to the comparisons.
Thank you raVar Based on your experience and opinion, which strategy should I trade below? Alll 3 am forward testing. Daying trading CL, crude oil. One contract. Testing since July 2019 I am leaning toward strategy 2. Thank you, Strategy 1 Strategy 2 Strategy 3
do you have proof of that? otherwise it is quite presumptuous.....also amusing since you are part of that [elite!] forum