O (1), Please share these "never ending supply of stuff to test and program". He trades price action (support, resistance, patterns, etc.) only, and no indicators. He would like to experiment with indicators but outside his comfort zone for now. He and I are in the same boat, so now we right ideas that can programmed and auto backtested. We still learning, just like you.
I think I found the perfect solution: Hallelujah! Thanks again everyone for being so helpful. And a special thanks to @HobbyTrading for the inspiration. Regards, RS
how do you define price action (support, resistance, patterns, etc)? Test the validity and reliability of your definitions. Did you define it the way you meant to the first time.. probably not. So, try again.. and again. Then before you are done with that, you should have another bunch of questions that popped up to test too. Before long .. it seems never-ending. Maybe that's what you are scared of and.. it's not that you/he does not have any ideas to test?
Please do not discourage anybody simply because your friend is "DONE" with it. Nobody said creating a successfully trading system is easy. Heck, trading is not easy for that matter. But then nothing worth doing is easy. Great or impossible things are achieved by people who didn't know that it was impossible. Also, you would not know if a trading idea is successful unless you backtest it for years, for which you need to learn programming. Again, its not very easy but then what is. Napolean said "Victory belongs to the most persevering"
Great post, I've thought several of the things that you wrote as I've been reading this thread. Chicken and the egg reference came to mind.
Yeah, exactly on that chicken-egg thing. I believe finding a trading idea is a matter of thinking hundreds of ideas and coding them and testing each of them to find out if it works or does not. It may take 6 months or even a year. @RosyScenario : My advice to you is - dont get engulfed too much in learning c#. Instead, focus on going through Ninja's help guide and examples and just try doing stuff in their platform. That is fastest/practical path. Along that you would get hang of the C# syntax. Going through a simple C programming learning material would help too. I would suggest learning C instead of C#. C# supports C syntax and is just glorified/advanced C. You can do 99% of things you need to code strategy by just using some simple C