NexusFi: Find Your Edge


Home Menu

 





WARNING: MC 8.5 walk forward optimizer is FLAWED


Discussion in MultiCharts

Updated
      Top Posters
    1. looks_one treydog999 with 16 posts (30 thanks)
    2. looks_two badabingbadaboom with 6 posts (1 thanks)
    3. looks_3 Big Mike with 3 posts (1 thanks)
    4. looks_4 teyano with 3 posts (0 thanks)
      Best Posters
    1. looks_one swz168 with 2 thanks per post
    2. looks_two treydog999 with 1.9 thanks per post
    3. looks_3 quantarb with 0.7 thanks per post
    4. looks_4 Big Mike with 0.3 thanks per post
    1. trending_up 15,543 views
    2. thumb_up 38 thanks given
    3. group 12 followers
    1. forum 46 posts
    2. attach_file 0 attachments




 
Search this Thread

WARNING: MC 8.5 walk forward optimizer is FLAWED

  #31 (permalink)
 swz168 
Nuremberg, Germany
 
Experience: None
Platform: MultiCharts
Trading: Fx
Posts: 49 since Jun 2010
Thanks Given: 32
Thanks Received: 59

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 [AUTOLINK]Backtesting[/AUTOLINK] ? View topic - "MC 8.5 walk forward optimizer is FLAWED"

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Exit Strategy
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #32 (permalink)
 
treydog999's Avatar
 treydog999 
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
Posts: 897 since Jul 2012
Thanks Given: 291
Thanks Received: 1,039


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.

Started this thread Reply With Quote
  #33 (permalink)
 badabingbadaboom 
London/UK
 
Posts: 56 since Apr 2013



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.

Reply With Quote
  #34 (permalink)
 badabingbadaboom 
London/UK
 
Posts: 56 since Apr 2013

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.

Reply With Quote
  #35 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


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

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #36 (permalink)
 badabingbadaboom 
London/UK
 
Posts: 56 since Apr 2013


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!

Reply With Quote
  #37 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


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

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #38 (permalink)
 badabingbadaboom 
London/UK
 
Posts: 56 since Apr 2013


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.

Reply With Quote
  #39 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


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

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #40 (permalink)
 badabingbadaboom 
London/UK
 
Posts: 56 since Apr 2013



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?

Reply With Quote




Last Updated on March 9, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts