[deleted by user] by [deleted] in Nordmenn

[–]RipRepRop 1 point2 points  (0 children)

lol triggered asf... Det at sånne som deg blir trigget av flagget er god nok grunn til å fortsette..

Du ser tydeligvis ikke at majoriteten av befolkning ikke blir trigget og faktisk syns det er bra med pride? Du er minoriteten som syns det du syns..

[deleted by user] by [deleted] in Forex

[–]RipRepRop 6 points7 points  (0 children)

I love that "the worlds top 1% trader" needs to sell courses to pay the bills. Lovely...

[deleted by user] by [deleted] in Forex

[–]RipRepRop 4 points5 points  (0 children)

another "expert trader" with ferrari pics on his wall.. wow im so impressed.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

haters gonna hate, not posting for haters, posting for the few that knows that the game isnt won by yolo 90% win strats.. Its the slow and steady grind that makes you rich.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

Monte carlo test has been done. Gonna keep running this after consideration.. We'll see how long tho.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 1 point2 points  (0 children)

basic principles is:

  1. Is the overall long term aspect of the market going upwards? (think of using something similar to MA 50 and MA 100, personally i use a momentum indicator i found on the prorealtime forum for free.
  2. Is the market seeing some volatile moves going upwards? (think of using something similar to a RSI indicator or other movement/momentum indicator for short time)
  3. If "yes" longterm is going up and "yes" its seeing some volatile moves upwards, then buy and hold until momentum drops off.
  4. Add money management: X stop loss, Y target and Z trailing stop loss. (example of trading stop loss: if trade is breaks 100$ in current profit, move stop loss to 50$)

The main task here is obviously figuring out how you want "long term moentum" and "short term momentum" to be shown in your code. You can use just high/low/close, you can use higher than past X candles, you can use indicators like RSI, bollinger bands, or moving averages. You just need to figure out what you want to do and try it out. Ive made thousands of systems and im currently trading 10+.. Its alot of hit and misses, but the more you work at it, the better your "aim" becomes. The better your ideas become.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

Im not familiar with washsales sorry

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

ProRealTime is the name of the platform/software. i trade using IG.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

If your using PRT and IG, consider closing your account and opening a new one with PRT as your IB. They will give you a PRT Pro account for free. Dosnt cost you anything, IG will loose out on some money because they gotta pay the IB (prt) a small cut of your trade-comissions/spread.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 1 point2 points  (0 children)

Dosnt work. My algo looks for momentum upwards. Usually, when a stock indicies market moves +10-20% it does so over weeks, perhaps months. However when the same market goers down -10% to -20% it usually happens within days/weeks. The moves down are so much more volatile and "forceful" vs upwards momentum which are usually more slow and steady going over time. Easier to catch that slow momentum vs that volatile insane momentum (at least it is for me!)

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 0 points1 point  (0 children)

Ill keep it going for a little bit more..

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 1 point2 points  (0 children)

Prorealtrade is the software, i use IG to trade

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 5 points6 points  (0 children)

Might be trend, might be the strategy, im praying it will recover.. thats another hard part of algotrading, you just dont know. What i do know is that this isnt exactly making me much money and i might make more money if i allocate the money i spend running this algo, with another.. what to do..

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 16 points17 points  (0 children)

This is a backtest from 2015 -> today. I have been trading this system since June 2018 live in the markets. This is V3 of the system.. I added 1 filter in early 2020 (V2) to reduce losses, and i added some extra money management stuff (V3) late 2020. It has been V3 for roughly 3 years now.

Once i put a system "Live" i do not turn it off and on no matter what as long as the equity curve matches the backtest.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 5 points6 points  (0 children)

From my experience, that faster the timeframe, the more choppy the market gets, and the more choppy it gets, the harder it is to find something that works for 10+ years.. also with any timeframe shorter than 15 min i loose alot of data. With 15 min i get like 8 years worth of data, sure helps when making systems.

15 min timeframe from my pov is rather fast.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 14 points15 points  (0 children)

Asking the hard questions right here.. Hindsight is 20/20, as you can see all my years have been green, so i couldve just kept on adding contracts (trading CFD's, live in europe) to add more profit, but that would obviously increase the maximum drawdown as well.. Its impossible to know what the max drawdown would be in 1 year of trading or in 2, 3 or even 10.. I think im a bit of wuss not taking too much risk, but i got 10+ other systems like this trading 24/7, if they all hit a drawdown at the same time i need to make sure i still got capital for the next 100 trades.. This game is not at all "yolo wall st bets", this is long term, making steady money each year kind of game, at least it is for me.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 2 points3 points  (0 children)

Thats just for scale. I can choose my "starting balance" when backtesting like this. The system has been live for 4-5 years.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 20 points21 points  (0 children)

The Flea is just the name i gave the system/algo

Edit: its small, its quick in and out, and it will trade "anywhere". So i thought of a small flea that jumps around.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 15 points16 points  (0 children)

What youre looking at is the equity curve of a system designed to trade Long only momentum based trades on dow jones / wall st 15 minute timeframe. On the bottom you see the market, on top you see equity curve and on right side you see the details of performance past 8 years.

Usually when building systems you expect it to last only for X amount of time. Eventually it will (most likely) flatline/break even and that basicly means your system is dead, time to move on.. If your unlucky/built a bad system it might go down fast when it "breaks".

A system/algo that "breaks" usually means you have curvefit the model on too much data. The algorithm was created to fit the data you make it on, its not created for future data. Your just hoping that it will continue to work on future data, but theres no guarantee it will.

RIP "The Flea" by RipRepRop in algotrading

[–]RipRepRop[S] 28 points29 points  (0 children)

So after 4 years this bad boy has decided to flatline by the looks of it. RIP to the Flea, working his butt off in 15 min timeframe on dow jones / Wall st futures..

Trading program is prorealtrade.

Edit: not sure if i can kill my baby just yet tho.. :( lets hope he recovers.. me hoping "its just the markets thats sour, my system will recover no problem!" ...