Hello everyone, I'm fairly new to system development and although I've read some excellent posts on this board regarding system evaluation I don't feel I can "really" tell what is a tradeable or not-tradeable system. I have backtested a simple system in NT and was wondering if I could get your opinion on how good the system looks to you before I start testing it on a large amount of intraday data.
And here's the same system backtested with data from 01/01/2009 to 11/16/2009. Although it had a large single loss I'm not surprised by it.. happy to see the Profit/Factor and Avg Win/Loss in line with previous results.
Tomorrow will post live simulator trading results.
It looks good, but the live simulator trading results will show you the truth .
But the Sharpe ratio, on your the longest backtest, is not so great; so wait & see how it works in live, after few weeks.
Usually in trading, those who know don't talk, and those who talk don't know. (Al Brooks)
success requires no deodorant! (Sun Tzu)