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you have to put in your commission costs.....based on the last chart....you lost money until 2013.....so you would have abandon the system by then...7 years without making money....I would have dropped the system.....you have to add commissions to see if the strategy is really working.....and if there is anything in the strategy that refers to bar size or closing info....you will have a real problem running live.....have done these before....I learned by doing.....you mentioned you are using 15 mins bars...your buys are they by indicators or bar movement....will make a big difference....when you run live.....actually just run a day live and see what you get......it wont match your backtest.....if it does bottle it, sell it.....make your money thru sales......
I'm curious to hear your opinion on this:
Do you guys think that a profitable algo in 2006 should still be profitable today and v.v.?
How often are you updating your algos?
I too, got to the conclusion that over tweaking isn't the answer, after watching @kevinkdog videos yesterday (that Ohio lake house tho ), I was glad to see a confirmation there.
I'll enable commissions later today as the strategy is enabled and running now, I don't want to pause it during the day.
As I said before, read Kevin's book. From the book, make a list of all the potential things that you could be doing wrong in your design, testing, implementation..etc.
There is more than a dozen mistakes that you could be making, without even knowing.
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
And by the way, for the record, I get nothing when you buy the book (I am not Kevin lol), except of course, for the gratification of pointing someone the right way.
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Sounds like you are making good progress. Stay with it and wish you luck on real trading. And here is my feedback/suggestions.
You can control entry and exit by limit orders for back test. If you disable fill on touch, market has to move 1 tick more to get you in and out. This should be taken seriously because 1 tick for 1000 trades equals $12,500.00 in real dollar amount.
Have you look at every single trades? Take your time looking at them. One by one. It will help you understand your system better. And by doing that, your chances of giving in to emotions gets reduced.
Yeah..and commissions. Need to be in.
This one is an optional but it would be beneficial if you can answer to why is your trading system profitable?
), I was glad to see a confirmation there.
