Something new I've been working on

Discussion in 'Journals' started by Dustin, Nov 22, 2023.

  1. Dustin

    Dustin

    It uses Orderflow+ tools which don’t work for backtesting.
     
    #11     Nov 22, 2023
  2. s trader

    s trader

    You did not actually answer my question. How can i get this to be trading buddy. I want to still make my trades but the bull bear zones suggestion is very helpful. I think i see something similar on youtube in Tradingview.
     
    #12     Nov 22, 2023
  3. RedDuke

    RedDuke

    got it. It can be coded with market replay. But you need data.
     
    #13     Nov 22, 2023
  4. Dustin

    Dustin

    Sorry you are correct. This is a custom tool I had built, 99% sure nobody else has anything like it. You can easily create simple trend following systems in NT that will look similar but this is much more complex in the background.
     
    #14     Nov 22, 2023
  5. Dustin

    Dustin

    Market replay freezes when I run this, too much data.
     
    #15     Nov 22, 2023
  6. s trader

    s trader

    Thanks for replying. If you make an indicator like this for 15$/month i'll subscribe.
     
    #16     Nov 22, 2023
  7. Overnight

    Overnight

    That looks like NT7? Make sure every indicator in your charts has the setting "Calculate on Bar Close=True".
     
    #17     Nov 22, 2023
  8. MarkBrown

    MarkBrown

    show a non trending day without big moves and it will fail
     
    #18     Nov 22, 2023
    zghorner and SimpleMeLike like this.
  9. MarkBrown

    MarkBrown

    it's backtesting is flawed and has been all these years - tradestation and others all fail - the only way to get honest results is to handicap the system, otherwise all results from all platforms are unrealistically slanted to the profitability side.

    giving all users a false sense of accomplishment , is et not flooded with eager arm chair traders who have all found the holy grail and then come back here to share their grief of failure.

    thru the years we have all seen literally thousands of these hopeful's come here loaded for bear and yet leave grazing on grass.
     
    #19     Nov 22, 2023
    beginner66, zghorner and SimpleMeLike like this.
  10. Dustin

    Dustin

    You're saying a trend following system will fail on a choppy day? That is some insight! Of course that is true, but the goal is losing small.

    I'm looking for a choppy day and will post.
     
    #20     Nov 22, 2023