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WARNING: MC 8.5 walk forward optimizer is FLAWED
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WARNING: MC 8.5 walk forward optimizer is FLAWED

  #31 (permalink)
Elite Member
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Thanks @treydog999 for informing us.

Since Multicharts team has said goodbye to BigMikeTrading, I've created a thread on MC Forum confronting them with a few questions.

MultiCharts: Trading Software for Automated Trading and Backtesting ? View topic - "MC 8.5 walk forward optimizer is FLAWED"

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  #32 (permalink)
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KhaosTrader View Post
Hi,

I am reading this thread as I was about to embark on some walk forward analysis, and now I am pretty concerned if its worth the effort on the MC platform.

Is Ninja any better?

I did a google search and found a product by codefortraders and another one called Diamond Backtsesting that is some sort of add in that does walk forward, would this be worth getting?

PS I have no affiliation of w/ CodeForTraders nor Diamond -- I am not even a customer of any of these companies, I surely am interested in a good backtesting solution, and if MC is flawed I would like to know which platform is good at backtesting and Walk Forward Analysis.

I do have a copy of AMIBroker but am having a lot of concern regarding using Tick Data with that platform. So to be frank I am pretty unsure what to do at this point in testing my strategies.

Any suggestions are appreciated.

I have never used ninja's WFO seriously. I have played with it though. That platform has its own set of problems and things that need to be taken into account. Maybe someone with more experience using it can tell you.

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  #33 (permalink)
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KhaosTrader View Post
I do have a copy of AMIBroker but am having a lot of concern regarding using Tick Data with that platform.

?

AB works fine with (bid/ask) tick data. And support for millisecond and microsecond resolution has been there for years before MC was even thinking about it. Now since version 5.68 it is also possible to import subsecond resolution via ASCII importer.


Last edited by badabingbadaboom; September 8th, 2013 at 03:45 PM.
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  #34 (permalink)
Banned: Previously banned user, now re-banned
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Why does MC offer Portfolio backtesting if it hasn't even offered portfolio trading for years? Also no proper multi-currency support in regards to portfolio backtesting for years. Isn't that stuff that should be thought of right from the start and that should be one of the things being available since version 1.0? So current state is pretty useless if you ask me and a waste of $1500.

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  #35 (permalink)
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badabingbadaboom View Post
Why does MC offer Portfolio backtesting if it hasn't even offered portfolio trading for years? Also no proper multi-currency support in regards to portfolio backtesting for years. Pretty useless if you ask me and a waste of $1500.

Hi,

Please confirm that you do work for Amibroker. And that you are also the same user that has been on futures.io (formerly BMT) before under different handles, and banned for rude behavior. It is against the terms and conditions of the site for a banned user to continue using the site in any fashion. It is also against the terms and conditions for a Vendor to attempt to disguise their true identity -- all vendors are required to notify us of their status prior to making any post on the forum, and failure to do so is a reason for (once again) permanent banning.

The user as "Letmein", as you know, has been banned for rude behavior, and also had multiple prior accounts also banned for rude behavior.

While I have no love lost for MultiCharts, I do not allow the violation of our terms and conditions to take place -- especially once you switch in to "attack" mode attacking a competitor.

Mike

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  #36 (permalink)
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Big Mike View Post
Hi,

Please confirm that you do work for Amibroker.

No, I don't. We can meet here where I live to show you proof. Just because I have been using a different software means I work for that software firm? Pretty strange logic.

What is the problem with my proper criticism in regards to this software??

BTW, I also own Neoticker. Does that mean I work for two firms?

I repeat I don't work for any software vendor. I'm a trader and software user!


Last edited by badabingbadaboom; September 8th, 2013 at 08:53 PM.
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  #37 (permalink)
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badabingbadaboom View Post
No, I don't. We can meet here were I live to show you proof. Just because I have been using a different software means I work for that software firm? Pretty strange logic.

What do you have against my proper critic against this software??

BTW, I also own Neoticker. Does that mean I work for two firms?

Fine, if you say so.

However, you are the user "Letmein" which was previously banned -- yes? I have known this for quite some time, but step in today once you start attacking other competitors.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #38 (permalink)
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Big Mike View Post
Fine, if you say so.

However, you are the user "Letmein" which was previously banned -- yes? I have known this for quite some time, but step in today once you start attacking other competitors.

Mike

I don't think I am.

And again for the record. I don't attack a software vendor I wrote about known problems!
Is the thread title also an attack because it mentions "forward optimizer is FLAWED"?


Big Mike View Post
Fine, if you say so.

Well I repeat again. We can meet here since you have accused me and not reverse. Do you want me to pay your flying ticket? There is also a lake here so we can go swimming afterwards.


Last edited by badabingbadaboom; September 8th, 2013 at 04:04 PM.
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  #39 (permalink)
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badabingbadaboom View Post
I don't think I am.

And again for the record. I don't attack a software vendor I wrote about known problems!

Fine. You should meet him then, he lives within a couple miles of you, and also posts the same stuff about Amibroker as you. Quite a coincidence.

I also noticed you/he whatever just joined Elite Trader, or at least registered a new handle there, and was also writing about Amibroker. I am just pointing out to you that unlike other forums, futures.io (formerly BMT) has a zero tolerance policy for "multi-nics". In addition, once you are banned - you are banned for life, and you are violating the terms of the site by continuing to use the site after you have been banned.

I work hard to make futures.io (formerly BMT) a unique forum and not allow the same type of behavior that exists on other sites to exist here. I am active on the site. I care about the content, and I care about enforcing the rules.

You can have the last word, I am moving on.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #40 (permalink)
Banned: Previously banned user, now re-banned
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Posts: 56 since Apr 2013
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badabingbadaboom View Post
Why does MC offer Portfolio backtesting if it hasn't even offered portfolio trading for years? Also no proper multi-currency support in regards to portfolio backtesting for years. Isn't that stuff that should be thought of right from the start and that should be one of the things being available since version 1.0? So current state is pretty useless if you ask me and a waste of $1500.

Here is my quote again.

So Big Mike, please tell me

Does MC offer portfolio trading?
Does MC offer proper multi-currency support?
Is my personal opinion that $1500 are a waste because of those sample reasons an attack? If so where is that rule mentioned?


Last edited by badabingbadaboom; September 8th, 2013 at 05:10 PM.
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