do you mean the stop/limit price ranges under Building Blocks?

@@TradingTact yes maybe, im new to SQ and was just curious how easy/difficult it is to generate this automatically. But of course you wont need to give away your secrets ;)

thank you

thank you, i like it too

thank you, i hate fluff.

Hi, I have a playlist called 'StrategyQuant Guides'. You can access it here: kzfaq.info/get/bejne/ftmCorKBvNu8kok.html I have a few gold strategies, like this: kzfaq.info/get/bejne/ocpghKp93tfUlps.html

You can watch the playlist Wayne provided and also buy the book mentioned in this video. You can crosscheck the things mentioned in the book and on this channel to understand that there are things that doesn't change even 10 years apart. The book will set you up for the right trading mindset. That book is a very cost effective knowledge investment.

@@TradingTact Thank you

@@TradingTact Thank you

Interesting. You just used a block search for finding the Rbo Strats? Just bought sq 😮 tia

hello, I created the strategy using StrategyQuant's genetic algo, which determines the optimal conditions.

hello, no i use StrategyQuant to create it, and trade it on MT4.

I add in some code in Metaeditor that says if the total number of opening + pending trades > 6, then skip the entry conditions

@@TradingTact makes sense, thanks!

thank you

very interesting question. No I do not adjust them. After a large number of trades (100+), the bands level out and become almost parallel to the diagonal expectancy line. It looks like a y=sqrt(x) kind of graph.

yea he did!

havent tried creating one. I think swing trading works better for gold

thanks buddy

I have always used MT4. But I doubt MT5 will be any different. The current SQ version can test with swaps, which used to cause some small differences. I previously did a tick backtest comparison using SQ's engine and SQ tick data, vs. MT4 backtester with Tickstory tick data (also dukascopy), and results were similar.

@@TradingTact - Interesting, thanks for sharing. Although a subscriber, haven't been on SQx for a while due to this issue. Mind if I reach out if I have any additional difficulties? I'm MT5 creating Custom Symbols at this stage, but perhaps I need to convert to MT4.

@@55555davo You can ask questions here. I usually reserve email support for my customers.

@@TradingTact - Oh ok! What services do you offer? Have a site with more information?

Hi, Any good strategies for spot gold?

thank you

are you also using the dukascopy data from SQ? Are your trading options e.g. time filters, the same?

@@TradingTact Yes i use dukascopy 1M data. The only 'time' constraint i see in the video is not trading mondays. But maybe you do other constraints in settings that i am not aware of?

I extremely highly doubt it. Trading is a negative sum game because of transaction costs. If you have good risk management, you simply lose money slower.

@@TradingTact give it a try....the result may surprise us?

@@joomuatng6609 did you get this idea from Van Tharp? What strategy logic would you use to create the random entries?

@@TradingTact didn't read his book. I don't know how to write pine script to do the back testing nor any programming...wanted to see if by discipline risk to rewards itself has a certain edge in trading? reason is that many traders keep focus on the entry. there is focu but not much in risk management. if risk management in itself has a certain edge..then as a trader, especially beginner, should not stress too much on entry, especially when they are losses.

@@joomuatng6609 My opinion is that your entry is your edge against the house. You need it for long term profitability. Risk management is absolutely mandatory and is the only thing standing between you and a blown account. Because you will have losing trades along the way (some Martingale traders/gurus will disagree). So you need both to survive. And back to your question, if you can suggest the logic behind the random entries, I can code up a simple program and test it on a market of your choice.

thank you, your support matters

Great point. For forex, spreads typically widen within the 0000-0130 window. For a more reliable backtest, you should backtest using real spreads. In StrategyQuant, you can use the Real Tick-Real Spread option when selecting backtest precision.

welcome

M5 meaning it operates on the 5 minute timeframe? Within the 2 years, have you experienced different market regimes? And how many trades do you have (especially in the forward sample)?

@@TradingTact yup 5 minute TF, you got me there, i don't even know where to start with market regimes.. but the back and forward tests will be quite balanced with # of trades, depending on my ea it could be 150 - 2000 for each back and each forward. good equity curves, low DD, i automatically filter out <100 trades and >10% DD.

@@cheddarbob8741 if you have at least a few hundred trades per IS/OOS sample, which it seems you do, I'd just go ahead and test it on a SMALL live account. Sometimes that's the fastest way to learn. My 2 cents

there's no such functionality. If you want you'll have to test each segment manually and stitch them together.

@@TradingTact ok awesome thanks for the feedback, being that I like forex trading is there any platform or language you'd recommend?

welcome.

The error is backtest exception

@@mostafaravanshad482 was any reason given? You can take a screenshot and email me I'll try to help

I think you can try a simple fixed fractional approach. You can adjust the % capital to risk per trade until you get a max historical % drawdown (from your backtest) that you are comfortable with.

welcome

That's a novel concept. Do you mean the best parameters from the IS optimizations? If you tested the average parameter set over the entire OOS portion (OOS stitched together), I doubt it's a true OOS anymore, since you arrived at the 'best average' by already optimizing over that data. And this approach also means you lose the possible benefits of periodic reoptimizations. Personally I would rather loosely optimize over the entire data period, then do OOS over other timeframes or markets.

thanks

thank you, happy to contribute

thank you

yea it's a pretty good one

thanks

Why do you say they are overfit? Limit orders have their benefits e.g. positive slippage, but it's hard to simulate the depth of market when backtesting. For cases where your price hits the limit and bounces off, you may get phantom trades in your backtest that would never happen in a real market because the order wasn't filled. If you know how to backtest this reliably, please do share. I appreciate the discourse.

@@TradingTact When backtesting strategies that use Order Stop orders, I have noticed that a significant number of them are triggered by unusually large candlesticks. However, these large candlesticks often appear in response to important news events. As a result, I am unsure of how to avoid the impact of news events on backtests when using Order Stop strategies.

hello, I prefer a more graphical representation of how the performance has evolved over time. I use something similar to what Kevin Davey mentioned in his book 'Building winning algo systems'. Essentially, you plot your performance metric (profit or pips etc.) vs. trades. A diagonal line represents performance as per your long run historical average (average trade * # trades), while an upper and lower band represent +-2 standard deviations from the average trade. If your performance consistently falls below the lower band, it's best to remove it. Sorry if it's hard to digest. Perhaps I will do a video on this one day.

@@TradingTact i understand where your coming from!

I vaguely recall experiencing that error once. I think what I did was first create a separate folder (not the default folder they create for you) to install the MT4 files in, then create a shortcut there.

Ah, thanks, I wasn't expecting a reply, I'll try that, I want to do a fresh install but still be able to copy across existing Templates and Profiles.@@TradingTact

I think the easier way would be to go to trading options > limit time range, and select the hours during which trading will be allowed

@@TradingTact this way(in the trading options) would not take-out different hours like hours 0,8,12,18 and so on. in Algo wizard I was able to eliminate days like Monday and Friday. By doing Bar day of the week is not then mention the day.

@@user-th8ef6rg9h ok you can also eliminate hours using the 'current time' option. For example, IF current time <> 8, THEN...