My simple thing

[bettamania]

Hi all,

Hope everyone is happy and healthy. Tonight I just had a time to toy around with my smoothing method. You can call this indicator smooth McD, Stochastic momentum or whichever you like .

I can see the potential of the second smoothing method that produce less noise noise than the first one

 

[Sean K]

Hi all,

Hope everyone is happy and healthy. Tonight I just had a time to toy around with my smoothing method. You can call this indicator smooth McD, Stochastic momentum or whichever you like .

I can see the potential of the second smoothing method that produce less noise noise than the first one

View attachment 193860

So, NAB buy or sell?

I guess you're saying BUY!

 

[bettamania]

Sean, this is not a buy or sell recommendation. In saying this, even on the Stock pick with my actual system that have buy and sell signal I always put a disclaimer. you can see some of my post that I displayed and they are part or were part of my portfolio.

The indicator aims to smooth a short sell system deployment that I have just recently coded.

You have a great weekend and don't think too much

 

[bettamania]

Today is my day off and I had a chance to look at this forum and scribble a bit of the thread. I guess there is nothing new in trading. One system is similar to each other. difference may be from the entry style and major ingredients

Fundamental : Trade the whole basket ASX (TLSE: Trade Long Short Equity)
Trade Type: Long Side Only (Short side is underdevelopment)
Timeframe : Complex Weekly ( Just a name nothing so difficult)
Status : In the market
Components
* Similar to Linear Regression Trend indicator with minimum excess
*Simplified Keltner with second degree smoothing
*Only trade a high turnover stock
* A bit of volatility
* Simple trail stop exit
* Trigger is " A new high" Similar to CAM from Barbara Star( that's why I was asking a few people regarding this thing) with a wild twist
* Entry Style: Semi BO (this is because of the component that construct the trigger)

TLWE v.3 EA - Backtest Report

Statistics | Charts | Trades | Formula | Settings | Symbols | Monte Carlo​

Statistics

	All trades	Long trades	Short trades
Initial capital	100000.00	100000.00	100000.00
Ending capital	26057526.58	26057526.58	100000.00
Net Profit	25957526.58	25957526.58	0.00
Net Profit %	25957.53%	25957.53%	0.00%
Exposure %	73.71%	73.71%	0.00%
Net Risk Adjusted Return %	35216.04%	35216.04%	-nan(ind)%
Annual Return %	18.27%	18.27%	0.00%
Risk Adjusted Return %	24.79%	24.79%	-nan(ind)%
Transaction costs	0.00	0.00	0.00
All trades	1661	1661 (100.00 %)	0 (0.00 %)
Avg. Profit/Loss	15627.65	15627.65	-nan(ind)
Avg. Profit/Loss %	7.07%	7.07%	-nan(ind)%
Avg. Bars Held	35.95	35.95	-nan(ind)
Winners	858 (51.66 %)	858 (51.66 %)	0 (0.00 %)
Total Profit	53975739.72	53975739.72	0.00
Avg. Profit	62908.79	62908.79	-nan(ind)
Avg. Profit %	22.58%	22.58%	-nan(ind)%
Avg. Bars Held	49.01	49.01	-nan(ind)
Max. Consecutive	12	12	0
Largest win	3402446.07	3402446.07	0.00
# bars in largest win	98	98	0
Losers	803 (48.34 %)	803 (48.34 %)	0 (0.00 %)
Total Loss	-28018213.13	-28018213.13	0.00
Avg. Loss	-34891.92	-34891.92	-nan(ind)
Avg. Loss %	-9.51%	-9.51%	-nan(ind)%
Avg. Bars Held	21.99	21.99	-nan(ind)
Max. Consecutive	14	14	0
Largest loss	-1167822.44	-1167822.44	0.00
# bars in largest loss	8	8	0
Max. trade drawdown	-1710825.87	-1710825.87	0.00
Max. trade % drawdown	-66.36	-66.36	0.00
Max. system drawdown	-3013443.17	-3013443.17	0.00
Max. system % drawdown	-39.09%	-39.09%	0.00%
Recovery Factor	8.61	8.61	-nan(ind)
CAR/MaxDD	0.47	0.47	-nan(ind)
RAR/MaxDD	0.63	0.63	-nan(ind)
Profit Factor	1.93	1.93	nan
Payoff Ratio	1.80	1.80	nan
Standard Error	2816678.46	2816678.46	0.00
Risk-Reward Ratio	0.21	0.21	-nan(ind)
Ulcer Index	9.99	9.99	0.00
Ulcer Performance Index	1.29	1.29	-inf
Sharpe Ratio of trades	0.59	0.59	0.00
K-Ratio	0.02	0.02	-nan(ind)

Key to look out in developing TS

1. thickness of the equity curve. this represents the frequency (fully invested funds or not) and the trading style ( swing or day trade). if the trade is frequent but the equity curve is flop then I would say a testing system only
2. ignore the 6 digit figure. Look at consecutive win loss and average win loss comparison. can I accept this?
3. put in indicator builder and have a feel for my own creation. See if the system is way too late or way too early in trade or signal appears at unwanted location. That's how I can avoid a curve fit system
4. Asset class Assumption. The more limitation the weaker my system

optimisation :? yes after reading a few articles I am keen to add my own custom ADX. We will see tonight

 

[qldfrog]

I assume profit are reinvested for duch a curve.was going to adk your backtest period..and the graph ended up loading..giving me the answer
Assume you use platinum Norgate or similar to include delisted codes,?

 

[bettamania]

Yes To All and it took me a while to create a custom list

 

[bettamania]

*the first DMI is the original version
*by the look at it second version DMI fail to met the requirement
*the third one is better. When PDI>MDI and ADX is bigger 30 and current >Yeterday?

Let me sink down a bit with a cup of coffee and we continue with this. hopefully the trigger lands at an ideal spot and timeframe so that our exposure is a lot less inside the market

Cheers

 

[DrBourse]

Hi @bettamania
Might I suggest that you have a browse through the @Skate Forum "Dump it Here"...
Skate has the knowledge that may help you..

A lot of us have tried to perfect a Trading System, most people have failed...

Suggestions from me would be - Do Not Smooth any Indicators - refer to the attached snapshot..


The next snapshot sets out my Rules for the "DMI Indicator (ADXR, D+ & D-)"....



Good luck with your experimenting..
There are probably other clues you may gain from my Forum "DrBourse TA Help for Beginners"....

Cheers...
DrB.

 

[bettamania]

Hi @bettamania
Might I suggest that you have a browse through the @Skate Forum "Dump it Here"...
Skate has the knowledge that may help you..

A lot of us have tried to perfect a Trading System, most people have failed...

Suggestions from me would be - Do Not Smooth any Indicators - refer to the attached snapshot..
View attachment 194254

The next snapshot sets out my Rules for the "DMI Indicator (ADXR, D+ & D-)"....
View attachment 194263
View attachment 194264

Good luck with your experimenting..
There are probably other clues you may gain from my Forum "DrBourse TA Help for Beginners"....

Cheers...
DrB.

First of all, thank you very much for your suggestion and mainly for ADX trigger point. This is a valuable input for me.

Secondly, as with Skate's stuff I need to put it aside his thing. As the name implied "dumpys". As with your post, I haven't got time to have a look, but I will.

Third, your smoothing method kinda reminds me of Perry Kaufman method that truly smooth the surface for the eye sight lokoing purpose only but eventually in reality his method has been creating a serious lag. nothing is wrong but I am not using that kind of smoothing method. While it is true not all TS is fit for "smooth" indicator, but I find my Trend Following Systems response greatly toward fast response indicator. The smoothness must be a quality quick and not a serious lag or an overshoot. Subsequestly, I will post my own dip buy and spike sell that I haven't activate for so many years. This part I will be discussing why it is so important to have a lag

Forth, Since you use CSL as a comparison I have made this clear what I meant by quality. Compare and Contrast ( just another exam style question )

Finally, Just out of interest Dr....? where and how did you get your doctorate degree? Just joking Mista I hope after this you won't hate me after this post.

 

[bettamania]

Commodity Channel Index CCI my version.
A quick analyse At 100 zone looks like a rare trigger for long signal and below 0 is a short.

 

[bettamania]

Following the recent finding from CCI we continue our journey for RSI. Below are period 14 RSIS



2 periods

 

[bettamania]

I stumble across an article regarding dip buy and spike sell today and manage to create 4 variations 2 dip buys and 2 spike sells. By the look at it this require some assistant from OBOS indicators

Dip buy 1



Dip Buy 2




Spike Sell 2



Spike Sell 1

 

[bettamania]

When Volume increasing indicator combined with reversal logic; this is what happen : a potential new system

 

[bettamania]

Not just a normal volume surge indicator. it is able to strain out the noise. Perfect for a low volatility , early up trend detection, and long term TS. The opposite is true for down trend short style

 

[bettamania]

Below are my understanding for Ehler's super smoother filter (the green color top part) pic no 2 is an original calculation

I hope everybody is good during this market correction. The best part during this period is ; there is not many talking heads crapping around bragging a mediocre stuff

Have a good night

Cheers

 

[divs4ever]

now over my lifetime i , i have picked up some interesting knowledge gems , including

if is stupid and it works ... it ain't stupid
in this case you could substitute the first 's' word for simple , and the gem still works fine

now since you are relying on a big volume spike as alert signal you might then investigate WHO is buying ( or selling )

folks seem to love BIG instos buying ( and HATE directors/founders selling ) however that can be over-simplistic , SOME instos ( openly ) admit to lending out the shares for extra profits ( usually to short-sellers ) so keeping an eye on a stocks 'short positions ' might give you an extra edge , and SOME directors sell to conservative thinking investors that will hold them tightly

tiny edges to be sure , but if you can reduce bad outcomes .... for instance if i see Norges buying into a company .. i now stand well back and WATCH ( closely ) are they lending shares , building a position because a take-over is in the wind ( and they sell a block-trade into the take-over ) or what

yeah you expect that out of MQG ( i hold ) but a sovereign wealth fund !?!?

 

[bettamania]

now over my lifetime i , i have picked up some interesting knowledge gems , including

if is stupid and it works ... it ain't stupid
in this case you could substitute the first 's' word for simple , and the gem still works fine

now since you are relying on a big volume spike as alert signal you might then investigate WHO is buying ( or selling )

folks seem to love BIG instos buying ( and HATE directors/founders selling ) however that can be over-simplistic , SOME instos ( openly ) admit to lending out the shares for extra profits ( usually to short-sellers ) so keeping an eye on a stocks 'short positions ' might give you an extra edge , and SOME directors sell to conservative thinking investors that will hold them tightly

tiny edges to be sure , but if you can reduce bad outcomes .... for instance if i see Norges buying into a company .. i now stand well back and WATCH ( closely ) are they lending shares , building a position because a take-over is in the wind ( and they sell a block-trade into the take-over ) or what

yeah you expect that out of MQG ( i hold ) but a sovereign wealth fund !?!?

divs4ever,​

those indicators that I post are the one I recently completed from my translation project. Still got abundant from my arsenal. Some I got them from e-book/pdf file, others from other trading platforms( this is the most head ache) the others are from my own creation. Hopefully if I don't get stuck on daily basis I will post one

 

[tech/a]

Been watching with interest.
Having traded (Still do) and developed a few systems, I commend you for getting involved.
I can see a lot of frustration and heartache developing a system around Oscillators.
particularly when looking at charts and seeing " Öh that worked/s perfectly".

I don't want to get involved dissecting bits and playing around but just want to point out
that I guarantee you won't be able to replicate your systems test results.

The best thing is for you to find out why as you go.
For heavens sake please forward test and paper trade for a while until you see what I mean.

 

[dyna]

you expect that out of MQG

So , you've noticed them at it , too Mr. Divs !
Whenever I see our little friends here , on a significant shareholder announcement , I tell myself " Ha , this won't last long "
Sure enough , they are out again in no time . Recently , it was only for a few days , then out ( at a loss ? ) . They are weird .

 

[bettamania]

Been watching with interest.
Having traded (Still do) and developed a few systems, I commend you for getting involved.
I can see a lot of frustration and heartache developing a system around Oscillators.
particularly when looking at charts and seeing " Öh that worked/s perfectly".

I don't want to get involved dissecting bits and playing around but just want to point out
that I guarantee you won't be able to replicate your systems test results.

The best thing is for you to find out why as you go.
For heavens sake please forward test and paper trade for a while until you see what I mean.

Indeed Tech, I will get involved with TS development. As a positive and a like minded person, whoever got trading system and wants to develop it as a community based system, they are welcome. If I "believe the system is making sense and not many limitations" I am more than happy to help out and in fact, I might throw a few of my indicators selection that align with that TS. But as a code ethic, whoever just come over and try to brag in front of me about syntax and platform then it is better to look away. that is the same way saying "show me yours and I hide mine? " . I am not keen with that; especially for those who just want to know my parameters or even my TS. My TS' had been traded many years ago and I stop it as I got a bit of obligations. Soon after finish my financial obligations , and with a mind set "the market is always be there"; I am back in the business

This is a forum where everybody can express their mind. Since I am just a "simple person" and I am aware that this forum is crowded by many experts; I welcome everyone who wish to decompile my system but from (what angle)?. Talking about the trade discrepancy, obviously with 3 of my systems for only 1/3 pool of funds so I can only do cherry picking but again that cherry picking result can be seen on my stock selection

And finally, I respect you as you share your system and I have taken your advise that's the reason I hold my horse on my short and mean reversal systems