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Steve Mayo

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Subject : RE: Conditional Experiments
Posted : 5/8/2014 2:54 PM
Post #30446 - In reply to #30444

Good points, Jim.

In Mark's thread here and the one he challenged me to do (that's sadly not getting anywhere near the same attention! LOL) I think we have both been clear that we are simply exploring what's possible, and having a little fun challenging each other while we wait for Port Switcher....these experiments are not intended to be used for actual trading (yet?). We're just excited about the new condition and hard entry/exit filters for strat building....because these are the building blocks for the forthcoming PortSwitcher as well!

Adding to Jim's point, before I would actually trade this not only would I first test it over lots of different timeframes, I would also do a whole bunch of metrics to see how robust this "system" really is. What's the standard deviation and how much does it change in different markets? What's the distribution of the daily returns? How many wins and losses in a row and is that consistent with what should be expected given the hit rate? Are the individual strats and the overall system generating enough trades to be statistically sound? If I change a setting such as the sorting (or switch-out a strat or 2), do I get comparable results? How many symbols are actually being traded versus how many are in the trading pool? etc., etc.

There's some fantastically talented people using OV that know much more about such stuff than me...but if I can find the time, I'll try to show how to do some of this in a future post. Meanwhile, I'm certain Nirvana is working hard to build some of those things into the next release.
Deleting message 30446 : RE: Conditional Experiments


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