Frosty's trading bot goes live part 2

Discussion in 'Automated Trading' started by frostengine, Jun 18, 2007.

  1. well to be fair. 30 is a large sample size. for say.... estimating the average planet radius in our solar system. :D
     
    #201     Jul 10, 2007
  2. It is a rather small sample size, but I can at least look to see if there is any glaring piece of information consistent between the losing days thus far. Here is a breakdown of everyday:

    6/18 +130.4
    6/19 -374.8
    6/20 -1200
    6/21 +320.4
    6/22 -199.2

    6/25 +150.8
    6/26 -539
    6/27 +35.6
    6/28 -369
    6/29 -1334

    7/2 +115 but on sim mode
    7/3 +70 but on sim mode
    7/5 +220.8
    7/6 +245

    7/9 +250
    7/10 -229


    Now I will go and look at charts from each of those days and see if anything stands out
     
    #202     Jul 10, 2007
  3. ... I'm talking about the same patterns the trading bot has had for at least a year's time, if not longer.

    I'm trying to get Frost to avoid those strong trend days where the bot enters a counter-trend postion and ends-up down a G (or more), as that kills the performance and can never get it out of the break-even stage.

    But thanks for your worthless input.

    Good trading,

    JJ
     
    #203     Jul 10, 2007
  4. Forget statistics and why not look at those two days where you lost $1,334 (6/29) and $1,200 (6/20). Those two are the reason you are down so much and are way bigger than your other days, both profits and gains. I think you need to focus on just those TWO days tonight and see why your model is letting you take such major losses.

    if you do not have any real answer then tell the computer to shut down after -$500 and you would have saved yourself $1,500 .
     
    #204     Jul 10, 2007
  5. Wouldn't a moving avg crossover bot do better than this?
     
    #205     Jul 10, 2007
  6. moving avg crossover bots make money? i implemented a quick version and found it lost money over a years worth of eur/usd data.
     
    #206     Jul 10, 2007
  7. I have yet to see any strategy based purely on moving average crossovers be even remotely close to profitable.
     
    #207     Jul 10, 2007
  8. Maybe you should have stated that a bit more clearly.
     
    #208     Jul 10, 2007
  9. Frosty;

    As I hinted at prior... the "glaring" piece of info is that the money value of a loss is 1.5x to 6x the average money value of a win. THIS ASPECT OF THE BOT MUST BE REFACTORED. REGARDLESS OF ANY OTHER CHANGES TO THE BOT STRATEGY. PERIOD.

    All the best,
    Osorico :)
     
    #209     Jul 10, 2007
  10. BJL

    BJL

    maybe you should upgrade the bot's intelligence :p
     
    #210     Jul 10, 2007