How do you use WFO in Multicharts? It seems to be quite confusing with Multicharts WFO results. What do you do with the results?
BTW, I use a tool because I believe in it. If I don't believe in a tool then I don't use it. This is my personal opinion. As for Andrea, he does not use it but he is planning to teach it. I have a problem with this!
I do believe in WFO but I came across several PhDs who do not believe in WFO. This is why I am confused. One of the PhDs claims that WFO is the pinnacle of curve fitting.
I would suggest before you use WFO any further, you approach these multiple people, and find out their reasoning.
If you don't, and you still decide to use WF, there will be times WF doesn't work, and the voices of the doubters will fill your head with bad thoughts - at precisely the wrong time.
Ultimately, WF or no WF, you need to be as close to 100% confident in your process as you can, or you will not succeed in the long run.
Don't listen to me say "WF is good" - listen and try to understand those who say "WF is bad" and then weigh all the evidence, and make a decision if you want it as part of your development process. You'll be a much stronger trader/developer as a result, no matter if you use WF or not.
The following 4 users say Thank You to kevinkdog for this post:
Finally got around to watching the video of the "Stratergy Factory - Watch Me Develop a Trading Strategy" webinar that you did last month when I was on vacation. It was truely excellent. Having read your book and done your class, I think I had a good understanding of your method but watching you put it all into practice wrapped everything up perfectly for me. Now all I need to do, is put it into practice!
The following 3 users say Thank You to SMCJB for this post:
hi Kevin, i have read your book and it was excellent!
i was wondering where i could find the recording of the above mentioned video (Strategy factory - watch me develop a trading strategy)? is that a public video like the others?