Dump it Here

Richard Dale said:

Gringotts - could you advise the URL for this? I can't see it mentioned anywhere....

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MovingAverage said:

So quiet around here these days...I guess all the breakout traders are busy processing their sell orders?

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DaveTrade said:

Most markets are going down right now, this is one big advantage of trading options, you can trade long and short, just saying. I suppose a lot of long-only traders are in house keeping mode at the moment.

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MovingAverage said:

So quiet around here these days...I guess all the breakout traders are busy processing their sell orders?

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DaveTrade said:

@MovingAverage I created a template with these signals to have a look. Here is a chart of $SPX with these signals;

View attachment 153802

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DaveTrade said:

@MovingAverage I created a template with these signals to have a look. Here is a chart of $SPX with these signals;

View attachment 153802

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MovingAverage said:

Nice, thanks for that. Was planning to dump the ChatGPT code into AB (as is with no changes) and see how it performs with some backtesting across the all ords--will post up the results.

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Gringotts Bank said:

Can you ask it to add/subtract some rules that would increase profitbility?

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DaveTrade said:

@MovingAverage I haven't put the stop-loss on the chart because I'm not sure what it should be, your code was
param("Stop Loss %", 2.5, 0.5, 10, 0.5) but not sure how to read this.

Is the the Stop Loss 2.5% ? and What is the exit ?

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Captain_Chaza said:

Am I miss reading the charts
ie: Every trade was a loss?

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MovingAverage said:

Funny you should mention that.
I've been playing around with ChatGPT this arvo some more. The code I included above was a generally enquiry--I simply asked it to give me AFL code for an RSI swing based system and provided no other specific requirement. Howver, I gave it more specific requests such as:
a) the RSI swing system that only trades stocks with certain daily turnover;
b) the RSI swing system that would give me a specific sharp ratio;
c) the RSI swing system that had a specific drawdown;
d) the RSI swing system that on average generated 5% profit per trade;
e) the RSI swing system that had on average a 30% exposure rate;
f) the RSI swing system that provides 15% CAGR since 2018.
When I gave ChatGPT the more specific requests it actually generated refinements to the original AFL code it gave me originally (which I posted above). The refinements look pretty credible but need some work obviously. Not suggesting it is perfect out of the box code but it is not bad and as a starting point for someone familiar with AFL it seems like it could save you a little time. I'm in the middle of backtesting all the code it has given me to see how good it is. Will be posting results in next few days.

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DaveTrade said:

@MovingAverage be careful of only coding things that would be known before entering a trade or your backtest result will be useless. For instance if you code for 5% profit then the cart is before the horse because the profit made is not know until after the trade is complete, so you would need to code for factors may lead to profit.

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MovingAverage said:

I was more interested in seeing how ChatGPT would respond to the request. In response ChatGPT included a few lines of AFL that were a profit exit. Same way ChatGPT included a stop loss.
Not sure I follow your logic on "coding stuff before entering a trade". There is absolutely nothing wrong with exiting a position if your price target is hit and this will not make backtest test results useless. It is the same logic as a predefines stop loss--exit if stock price dips below $x. Profit exit is the same just in reverse--exit if stock price closes above $y. Coding this into AFL will not impact validity of backtests. Maybe I am misinterpreting your comments.

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MovingAverage said:

Funny you should mention that.
I've been playing around with ChatGPT this arvo some more. The code I included above was a generally enquiry--I simply asked it to give me AFL code for an RSI swing based system and provided no other specific requirement. Howver, I gave it more specific requests such as:
a) the RSI swing system that only trades stocks with certain daily turnover;
b) the RSI swing system that would give me a specific sharp ratio;
c) the RSI swing system that had a specific drawdown;
d) the RSI swing system that on average generated 5% profit per trade;
e) the RSI swing system that had on average a 30% exposure rate;
f) the RSI swing system that provides 15% CAGR since 2018.
When I gave ChatGPT the more specific requests it actually generated refinements to the original AFL code it gave me originally (which I posted above). The refinements look pretty credible but need some work obviously. Not suggesting it is perfect out of the box code but it is not bad and as a starting point for someone familiar with AFL it seems like it could save you a little time. I'm in the middle of backtesting all the code it has given me to see how good it is. Will be posting results in next few days.

Click to expand...

MovingAverage said:

I was more interested in seeing how ChatGPT would respond to the request. In response ChatGPT included a few lines of AFL that were a profit exit. Same way ChatGPT included a stop loss.
Not sure I follow your logic on "coding stuff before entering a trade". There is absolutely nothing wrong with exiting a position if your price target is hit and this will not make backtest test results useless. It is the same logic as a predefines stop loss--exit if stock price dips below $x. Profit exit is the same just in reverse--exit if stock price closes above $y. Coding this into AFL will not impact validity of backtests. Maybe I am misinterpreting your comments.

Click to expand...