This chapter´s content follows the previous chapter in which we explained what the Cluster Walk Forward analysis (CWFA) is. Let´s recall that in the ideal case we are looking for a CWFA where all 30 Walk Forward analyses (WFA) pass the defined test criteria. In such case, the overall results for the given WFA include a…
ПодробнееIn the previous chapter we addressed optimisation tests which are the essential tool for robustness testing. We spoke about the optimisation tests primarily in relation with the sophisticated software platform TradeStation. Another tool which I use very often in this platform and which I perceive as the platform´s major competitive advantage is the Cluster Walk…
ПодробнееI have met quite many traders lately who had very interesting ideas regarding building of automated trading systems (ATS) for algorithmic trading. Unfortunately, I often feel that many traders rely solely on the basic backtest result, as in the example of a trading system and its equity curve in Fig. 1. These days, there are…
ПодробнееWe will now focus on the EasyLanguage programming language (see Fig. 1) which is part of the TradeStation software platform. Even its name implies that it is a programming language for «non-programmers». Its biggest advantage is that if you know the basics of English and you are familiar with conditional functions in Microsoft Excel, you…
ПодробнееOpen a trading account with TradeStation under the most favourable conditions all around the world. Completely free trading account for 12 months (not including market data). Prestigious trading magazines often call TradeStation one of the best providers of brokerage services in the field of mediation forex, commodity, and equity transactions. Its biggest advantage is a…
ПодробнееWe have already explained that every backtest, whether automated or discretionary, is performed for the purpose of evaluation of trading systems´ performance. In this chapter we will introduce the basic tools for assessing a trading system´s performance. Our goal should always be to detect such trading systems the backtesting of which will then show stable…
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