Does Ninjatrader optimization really work? - NinjaTrader Programming | futures io social day trading
futures io futures trading


Does Ninjatrader optimization really work?
Updated: Views / Replies:5,070 / 28
Created: by elitetradernyc Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Does Ninjatrader optimization really work?

  #11 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


Big Mike View Post
Too bad no one listens. The OP probably hasn't even come back to this thread after posting. I noticed he hasn't Thanked a single post since he's been on the forum --- not a good sign that he is paying attention

Well, this often seems to be the destiny of people on a forum who are answering questions and trying to help others...

Reply With Quote
 
  #12 (permalink)
Elite Member
new york, ny
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: stocks, options
 
Posts: 80 since Nov 2012
Thanks: 6 given, 4 received

Got it thanks, I'm right here running some optimizations. Will try deleting the cache also and post some follow-ups. Theres definitely some buggy things going on here will let you know.

Reply With Quote
 
  #13 (permalink)
Elite Member
new york, ny
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: stocks, options
 
Posts: 80 since Nov 2012
Thanks: 6 given, 4 received


Does anyone have an optimizer that is "better" than the one in NT7? Could they share?

Reply With Quote
 
  #14 (permalink)
Elite Member
Ft. Lauderdale Florida
 
Futures Experience: Intermediate
Platform: Tradestation
 
Posts: 16 since Apr 2010
Thanks: 31 given, 3 received


elitetradernyc View Post
Does anyone have an optimizer that is "better" than the one in NT7? Could they share?

I believe BigMike mentions using the PH Genetic Optimizer in his Advanced NinjaTrader Strategy Video. Here PH Optimizer

Reply With Quote
 
  #15 (permalink)
Elite Member
new york, ny
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: stocks, options
 
Posts: 80 since Nov 2012
Thanks: 6 given, 4 received

Is this for NT7? Looks like an outdated thread.

Reply With Quote
 
  #16 (permalink)
Elite Member
Melbourne
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Forex
 
Posts: 104 since Apr 2012
Thanks: 78 given, 45 received


Big Mike View Post
I forgot to mention -- unless you have a solid track record of multi-year profits as a discretionary trader, stop spending time on automation.

Mike

Probably true in the general sense, but this is not the path that I have taken and I certainly hope I end up being the exception. I'm an inexperienced and honestly quite horrible discretionary trader - not so much due to lack of market knowledge (although I'm still learning every day) but due to heavy definciencies in the psychological side of trading.

My view when I started getting seriously interested in trading about a year ago was that I can either spend my time mastering the psychological aspects, or circumvent them to a large extent by pursuing automation. As a software engineer by trade, there was further apeal to choosing the automation route.

As of today, I'd say I'm highly competent with ninjatrader, know much about the pitfalls that are so easy to fall into in developing an automated strategy and have a decent but continually growing understanding of the forex market (which so far has been my sole focus). I'm not 'there' yet, but neither would I be if I had decided to focus my energies on the discretionary route.

Mike's advice is good and certainly one way of going about it, but you'll hear lots of differing opinions on this board and my approach is to take it all in, but ultimately pave your own path in the way that feels right to you. But always be honest with yourself!

Reply With Quote
The following user says Thank You to HitTheCity for this post:
 
  #17 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received


tornadoatc View Post
I believe BigMike mentions using the PH Genetic Optimizer in his Advanced NinjaTrader Strategy Video. Here PH Optimizer

No, that was only for NT 6.5 and it does not work reliably/accurately with NT7. The NT7 genetic optimizer is fine, just can't handle bools or enums, so use ints instead and be aware of how a genetic optimizer works and selects its best fit answer.

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.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #18 (permalink)
Elite Member
Amsterdam, The Netherlands
 
Futures Experience: Intermediate
Platform: Sierra, IRT, ToS, Ninja
Broker/Data: Stage 5
Favorite Futures: NQ
 
bob7123's Avatar
 
Posts: 586 since Oct 2011
Thanks: 109 given, 1,906 received


Big Mike View Post
I forgot to mention -- unless you have a solid track record of multi-year profits as a discretionary trader, stop spending time on automation.

Mike

Hi Mike,

This seems like a big one for me. I am not yet at your level of trading proficiency, but I was hoping that exploring automation could help.

Perhaps it is a chicken and egg issue, but to explain my thought process, I've been through the FT71 "4 webinars" and took his coin toss idea to heart. I figured I would go beyond just a coin toss and explore NT strategies as a way to better get a feel for trading statistics.

Also with my little friend BaBar crapping out elephant loads of tick data, I was even thinking of trying to use B/A data in some tests.

Do you think I'm headed in the right direction, or maybe I should modify my approach?

Your thoughts would be appreciated.

-Bob

Reply With Quote
 
  #19 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received


bob7123 View Post
Do you think I'm headed in the right direction, or maybe I should modify my approach?

Your thoughts would be appreciated.

-Bob

I feel that before you can create a successful automated strategy, you should be a good discretionary trader. There are exceptions to this rule, like firms hiring quants, but for most of us normal people you need to have a good understanding of how to be a profitable trader before you can automate that process.

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.

Reply With Quote
 
  #20 (permalink)
Elite Member
Amsterdam, The Netherlands
 
Futures Experience: Intermediate
Platform: Sierra, IRT, ToS, Ninja
Broker/Data: Stage 5
Favorite Futures: NQ
 
bob7123's Avatar
 
Posts: 586 since Oct 2011
Thanks: 109 given, 1,906 received



Big Mike View Post
I feel that before you can create a successful automated strategy, you should be a good discretionary trader. There are exceptions to this rule, like firms hiring quants, but for most of us normal people you need to have a good understanding of how to be a profitable trader before you can automate that process.

Mike

Me, normal??

I recall Denise Shull once saying that she reminds quants that they too cannot avoid subjective decisions which are susceptible to bias. They may avoid decisions on individual trades, but they usually have several models, and/or parameters for those models that need to be chosen based on varying market conditions.

I also recall in your [great] webinar that you said you looked back in your journal to a time before you were profitable and found setups that looked good, but it was only later that you learned how to properly execute trades in a profitable way.

So I guess you are saying there is no substitute for knowing what you are doing.

On Tuesday's AMA webinar, FT71 said that to build confidence, do homework, meaning become more familiar with the statistics of market behavior. And to paraphrase, stop treating the market like a cricket match.

So, I figure it canít hurt to wade in a bit on automation, with the limited goal of better understanding market dynamics from a statistical perspective. And most importantly not giving in to holy grail seeking behavior, which for me has taken on 100 disguises.

-Bob

Reply With Quote

Reply



futures io > > > > > Does Ninjatrader optimization really work?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
VIDEO: MultiCharts vs. NinjaTrader strategy backtesting and optimization Big Mike MultiCharts 53 June 12th, 2016 02:34 PM
New Optimization Types eleven NinjaTrader 10 July 5th, 2015 12:02 PM
optimization and GO gparkis NinjaTrader Programming 3 August 23rd, 2012 03:43 PM
optimization speed westsider NinjaTrader 3 January 20th, 2012 07:01 PM
Parallel optimization jjmmg NinjaTrader Programming 8 February 9th, 2011 01:01 PM


All times are GMT -4. The time now is 03:17 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-11 in 0.13 seconds with 19 queries on phoenix via your IP 54.226.172.30