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Shark Indicators (www.sharkindicators.com) / Shark Bloodhound


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Shark Indicators (www.sharkindicators.com) / Shark Bloodhound

  #101 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
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Broker: NinjaTrader Brokerage - Philip Capital
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derek98201 View Post
Thanks for the heads up!! Did you have a chance to backtest with the strategy packs? If so, how was the profit factor? I am still new to trading.

I guess I will save the money for blackbird then as PilotTrader said it is a game-changer for him with his screenshots.

Nope. Just read through the materials that they send with it. Several PDF files of strategies and what they are based on. Added indicators to my charts to match what was in the manuals and wasn't impressed with the results.

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  #102 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
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derek98201 View Post
Are the extras worth it? I am getting bloodhound but not sure if I should spend extra $300 for the extras.

Advanced Strategy Packs:
Breakout Legends Pack
Reversal Kings Pack
Trend Riders Pack

When Sharkindicators folks had this on sale, I purchased these packs mainly to further my knowledge of using Bloodhound. IMO, it was worth it since I was able to understand and see how some of the solvers I have not used in the past actually worked in action.

Si provided workspace templates for these packs as a daily time frame. I tried various other time frames and was able to get profitable backtest results on one or two of these packs using uniRenko bars. (Yes, I know, one has to code exits properly to get the uniRenkos to backtest properly). Not yet to the point where I would trade with real money yet though, still tweaking.

Just my 2 cents on these strategy packs...

Blue skies,
PilotTrader

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  #103 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
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Hi,

this morning i've watched some intro-videos to get familier with bloodhound. But i've haven't seen anything about backtesting the created strategies? Is it not possible to backtest the new created systems with the common NT backtest + optimizing engine?

Is there really only one result value (-1 to 1) from the system? I would need additional values for stop- and target levels and so on.

Thanks,
Koepisch

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  #104 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
Posts: 569 since Nov 2011
Thanks Given: 440
Thanks Received: 518

In fact, there is no selled winning system in the world. But i don't meant any "ready" systems, i don't know the the company is selling any systems too.

My question targets the development process of strategies with Bloodhound. It seems that you can't produce full backtestable NT strategies as the result of the buildung process. You can only visualize your signal locations. That is, what i've seen so far.


iq200 View Post
If the systems produced accurate back tests, Sean Kozak would be a billionaire and wouldn’t be selling magic indicators and magic systems to the public.


Sent from my iPhone using futures.io


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  #105 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 157 since Aug 2014
Thanks Given: 106
Thanks Received: 355


Koepisch View Post
Hi,

this morning i've watched some intro-videos to get familier with bloodhound. But i've haven't seen anything about backtesting the created strategies? Is it not possible to backtest the new created systems with the common NT backtest + optimizing engine?

Is there really only one result value (-1 to 1) from the system? I would need additional values for stop- and target levels and so on.

Thanks,
Koepisch

Hi Koepisch,

Back testing is accomplished using NT Strategy Performance feature and/or doing Market Replay. I use both methods. You will not be able to optimize using NT Strategy Analyzer's Optimize feature however. To optimize, one will have to manually change Bloodhound solver parameter values via trial and error. That's how I do it at least.

As far as targets and stops are concerned, these are accomplished using Blackbird. One can also use Blackbird to trail stops, among other neat features.

Hope this helps.

Blue skies,
PilotTrader



P.S. Best way to figure out if Bloodhound and Blackbird will work for you would be to take the SharkIndicator 30-day free trial offer, IMO.

P.S. BTW, Bloodhound comes with a strategy called 'SiRaven'. With SiRaven, you will be able to backtest your Bloodhound templates where you can set entry parameters (i.e. market entry, limit, etc.) and specify fixed stops & targets, and limited Stop Loss trail. However, IMO, serious traders would really need to get Blackbird functionality to be able to trade optimally.

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  #106 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
Posts: 569 since Nov 2011
Thanks Given: 440
Thanks Received: 518

Thanks PilotTrader, for help me with that question. I think i don't give them a chance, because it's not fully integrated. It doesn't make sense to me to release 2 products to get one thing done.


PilotTrader View Post
Hi Koepisch,

Back testing is accomplished using NT Strategy Performance feature and/or doing Market Replay. I use both methods. You will not be able to optimize using NT Strategy Analyzer's Optimize feature however. To optimize, one will have to manually change Bloodhound solver parameter values via trial and error. That's how I do it at least.

As far as targets and stops are concerned, these are accomplished using Blackbird. One can also use Blackbird to trail stops, among other neat features.

Hope this helps.

Blue skies,
PilotTrader



P.S. Best way to figure out if Bloodhound and Blackbird will work for you would be to take the SharkIndicator 30-day free trial offer, IMO.

P.S. BTW, Bloodhound comes with a strategy called 'SiRaven'. With SiRaven, you will be able to backtest your Bloodhound templates where you can set entry parameters (i.e. market entry, limit, etc.) and specify fixed stops & targets, and limited Stop Loss trail. However, IMO, serious traders would really need to get Blackbird functionality to be able to trade optimally.


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  #107 (permalink)
 gdstuart 
Hammonton NJ
 
Experience: Beginner
Platform: NinjaTrader
Broker: NT Continuum
Trading: Indexes (Indices?)
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Koepisch View Post
Thanks PilotTrader, for help me with that question. I think i don't give them a chance, because it's not fully integrated. It doesn't make sense to me to release 2 products to get one thing done.

You misunderstand the products. They are entirely different functionally...Bloodhound allows you to create "solvers" based on indicators, and code sophisticated logic between indicators to enable your strategy of entering and exiting trades. This is all accomplished within a visual programming interface. Blackbird does all of the trade management functions once you are ready to put on a trade. Very different capabilities. Watching the Shark webinars hosted by NinjaTrader will clarify those differences for you. They are fully integrated with one another.

Geoff

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  #108 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
Posts: 569 since Nov 2011
Thanks Given: 440
Thanks Received: 518

Thanks Geoff, i've get it now. It's still not my product, because my system development is more complex. So i also need the trade management parameter in an early stage.


gdstuart View Post
You misunderstand the products. They are entirely different functionally...Bloodhound allows you to create "solvers" based on indicators, and code sophisticated logic between indicators to enable your strategy of entering and exiting trades. This is all accomplished within a visual programming interface. Blackbird does all of the trade management functions once you are ready to put on a trade. Very different capabilities. Watching the Shark webinars hosted by NinjaTrader will clarify those differences for you. They are fully integrated with one another.

Geoff


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  #109 (permalink)
 
KahunaDog's Avatar
 KahunaDog 
Hawaii at the beach
 
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Any more updates or input?

I'm leaning to pick up Bloodhound and Blackbird this year... hopefully on Holiday sale.

Fall Seven Get Up Eight
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  #110 (permalink)
 
tradevelopers's Avatar
 tradevelopers   is a Vendor
 
Posts: 45 since Jan 2013
Thanks Given: 3
Thanks Received: 23


will be great if BH developer clarify more aspects about parameters and modification I will to do into my custom indicators to get full working into BH system we are interested really to migrate our algorithms to BH software but we need to know the guide to fix some indicators source code to get ready into BH there is no way clear for me yet if we need provide public methods to draw functions or classes to get the signal available to Bh or giet visible using other parameters into BH or source code im developer and i wanna know it before try it as solution.

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