Feedback for robots
Feedback for robots
01 Nov 2013, 02:45
I would really appreciate it if you guys could take a quick look at a couple of my robots and give me some feedback. Maybe you could spot something I might have missed. Thanks in advance.
The benchmark settings which I use to test all my robots are:
Account Size: 1000
Account Type: EUR
Volume: 1.0 lot
Spread: 1.0 pip fixed
Commissions: 0
Prices from: 1/1/2013 – current date
Replies
virtuesoft
01 Nov 2013, 09:56
Very good. Particularly your first robot. A drawdown of just 6% for that kind of return is excellent. Both robots have a smooth equity curve. It would be good to see how they have performed over the full backtesting period.
@virtuesoft
Cerunnos
01 Nov 2013, 11:17
Great work! From such a drawdown I still dream - my currently stands at just over 10%. Maybe you should use realistic commissions and because of your low number of trades 2 years of backtesting would be no disadvantage. Can you tell us something more about your highly successful trading system? Which indicators do you use?
@Cerunnos
supafly
01 Nov 2013, 13:02
Wisek – Does such a thing even exist? The market is very dynamic and you need to re-adapt to it, not the other way round. I’m guessing only a quant might achieve what you are saying. I have only displayed the results I am getting with recent market conditions.
Kate – Can you give me some numbers to work with? I have used a 1000 euro capital with a fixed 1.0 lot per position, intentionally making the robot risky, to see if I can make a substantial return with a very small start-up. In doing so, I focused on keeping a low maximum draw down, a high win to lose ratio and low consecutive losses while being as profitable as possible. Therefore if I decide to use a larger capital with the same trading volume and parameters the overall risk will be significantly lower. For example, in reference to the 2000% return you mentioned, if I use a capital of 10,000 euros, the max drawdown is only 3% with a profit of 20,000, totalling 30,000. I am also currently using these robots to trade live since all the live testing has been consistent.
Virtuesoft – Thank you. The robots do not perform that well if I put any dates before the 1/12/2012. I believe these robots will soon reach their expiration date. Just got to keep finding an edge!
Cerunnos – Thank you aswell. There is a good reason why I don’t use commissions in the back testing but even if I did, it would only have a minor effect on the profits and not on the trades since they are not scalping systems. As I mentioned before, I have lived tested and it remained consistent, that included commissions (65 euros per million) and normal spreads. I use NO indicators, oscillators or any tools. My strategies are based purely on price analysis since that doesn’t lag!
@supafly
algoforce
01 Nov 2013, 13:52
Re
Can you try with commission or higher spreads to compensate a little for slippage, yes?
@algoforce
Cerunnos
01 Nov 2013, 14:14
I am also of the opinion that there should exist only a few "miracle machines" that make constant profits over several years without changing the settings. My current live-robot has almost 30 parameters and because of the market dynamics I'll have to change the settings after a few months ..
@Cerunnos
Hyperloop
01 Nov 2013, 22:18
You're trading 1.0 standard lots with $1000 initial balance. I would say that's a little bit over-leverage.
In order to run something like this, you would definitely need leverage greater than 100:1. Floating loss must also be factored when it comes to managing your margin.
@Hyperloop
Hyperloop
01 Nov 2013, 22:19
RE:
Cerunnos said:
I am also of the opinion that there should exist only a few "miracle machines" that make constant profits over several years without changing the settings. My current live-robot has almost 30 parameters and because of the market dynamics I'll have to change the settings after a few months ..
If it's not too much to ask, how do you go about knowing when to change these settings? Not to mention to what?
@Hyperloop
Cerunnos
01 Nov 2013, 22:46
RE: RE:
Hyperloop said:
Cerunnos said:
I am also of the opinion that there should exist only a few "miracle machines" that make constant profits over several years without changing the settings. My current live-robot has almost 30 parameters and because of the market dynamics I'll have to change the settings after a few months ..
If it's not too much to ask, how do you go about knowing when to change these settings? Not to mention to what?
If the backtesting results for a shorter period with adapted settings are much better than in comparison to the live robot. Then in my view it's time for a change ... Or not?
@Cerunnos
supafly
03 Nov 2013, 21:08
RE: RE: RE: Beautiful
Good point! I cant really go in detail though...
Kate said:
supafly said:
I do not use any indicators, oscillators or any tools, only price analysis.
What kind of price analysis? Actually indicators and oscillators are also price analysis tools.
@supafly
ampalermo@gmail.com
28 May 2016, 18:32
Impressive
Hi. The results are very impressive.
Could you please let me know what robot are you talking about? There aren't any references about in in the thread.
@ampalermo@gmail.com
ampalermo@gmail.com
28 May 2016, 21:45
RE: RE: Impressive
Ok, thanks.
ampalermo@gmail.com said:
Hi. The results are very impressive.
Could you please let me know what robot are you talking about? There aren't any references about in in the thread.
I think everybody on this forum creates their own robots.
@ampalermo@gmail.com
derekszyszka
15 Oct 2016, 18:52
Can you share a copy of this code? I would be interested in doing some of my own tests.
@derekszyszka
cfatienza2
16 Oct 2016, 12:02
Yup code has to be share so everyone can do backtesting and can give more inputs and feedback.
@cfatienza2
wisek
01 Nov 2013, 08:06
1 year is nothing. Please show results for at least 2.5 years.
@wisek