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Sia
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3 months ago
in I’m Not Perfect, But My Signals Are on StockRake
If you really believe in your signals, backtest them and automate them. Problem solved. Tradestation does this for cheap. Your indicator seems very much like a momentum indicator, which has its positives and negatives. I bet you can produce similar signals with a simple if MA(x) > MA(y) buy, else sell strategy.
2 replies
StockRake
I tried tradestation years ago. Was complicated for me at the time, but maybe now not so difficult.
These short term charts I haven't backtested, but all my longer term is backtested back to the 70s and the results are very good, I just have trouble acting on those signals in real time + positioning correctly for the change in signal.
An example might be:
Turn 1: Make 15%
Turn 2: Lose 10% <-- this loss throws off the next trade and so on.
Turn 3: Would have made 50%, but because of being thrown into a non-believer mode from the last trade.
Turn 4: Lose 4% (Have to accept the losses of any system, so lets assume this is going to be a loss due to the last trade being so good.)
Turn 5: Gain 25%, but maybe catching it late and only getting 10% of it.
I don't know if this makes sense or not.
These short term charts I haven't backtested, but all my longer term is backtested back to the 70s and the results are very good, I just have trouble acting on those signals in real time + positioning correctly for the change in signal.
An example might be:
Turn 1: Make 15%
Turn 2: Lose 10% <-- this loss throws off the next trade and so on.
Turn 3: Would have made 50%, but because of being thrown into a non-believer mode from the last trade.
Turn 4: Lose 4% (Have to accept the losses of any system, so lets assume this is going to be a loss due to the last trade being so good.)
Turn 5: Gain 25%, but maybe catching it late and only getting 10% of it.
I don't know if this makes sense or not.
A trend change will clean the slate.