For those, who didn't find the chat — discuss here: https://t.me/pqpathchat
Results of my experiment with 100% winrate strategies.
I had 99 strats with $200 budget per each, total budget was 99 * 200 = $19.800
After 1 month of simulation I have $3 profit with active strategies, but 10 strategies have lost their funds, so they lost $2000 in sum and the result of experiment is -$1997 (-10% if account's initial budget).
All the strats were backtested for 4+ years.
For me it looks like if you are trying to use only 100% winrate strats to raise your capital, you can be sure that you will lose your money. Some of them are being lucky yet (Psycho, Moonlight etc.), but in longterm even with many strats and diversification in different instruments it definitely won't work. Results of profitable strategies someday (or just from the start) will be erased with loosing ones.
I'm not going to forget this account, I will remove strats that have made huge mistakes and keep only profitable ones. I will take a look on them after 1 more month of work. After removing bad strategies, I have 26 strats with $1.5k total profit ($5200 their summary budget, so their result is 28%). So from my experiment, 76% of 100%-winrate strats performed like trash in first month.
I had 99 strats with $200 budget per each, total budget was 99 * 200 = $19.800
After 1 month of simulation I have $3 profit with active strategies, but 10 strategies have lost their funds, so they lost $2000 in sum and the result of experiment is -$1997 (-10% if account's initial budget).
All the strats were backtested for 4+ years.
For me it looks like if you are trying to use only 100% winrate strats to raise your capital, you can be sure that you will lose your money. Some of them are being lucky yet (Psycho, Moonlight etc.), but in longterm even with many strats and diversification in different instruments it definitely won't work. Results of profitable strategies someday (or just from the start) will be erased with loosing ones.
I'm not going to forget this account, I will remove strats that have made huge mistakes and keep only profitable ones. I will take a look on them after 1 more month of work. After removing bad strategies, I have 26 strats with $1.5k total profit ($5200 their summary budget, so their result is 28%). So from my experiment, 76% of 100%-winrate strats performed like trash in first month.
Hello guys, I wrote a huge post about using TP/SL in your strategy, that's the way I do it and maybe you'll like it or find something useful for you. https://telegra.ph/How-to-make-strategies-with-correct-Take-Profit-and-Stop-Loss-12-01
Discuss here: https://t.me/pqpathchat
Discuss here: https://t.me/pqpathchat
Telegraph
How to make strategies with correct Take Profit and Stop Loss
1) Choose the Instrument 2) Choose the timeframe. Which backtest duration is ok for you? <1 year — 1H or more frequent, >1 year & <4 years — 4H, >4 years — 4H, 1D 3) Analyze the volatility. Open a graph with chosen timeframe in TradingView, use the Measure…
Forwarded from Nik Iliev
Due to unforeseen technical circumstances, Take Profit & Stop Loss weren't triggered when they should have been, for some strategies, for a brief period of time, yesterday.
We apologise and have taken precautionary measures to reduce the chance of this happening again.
We apologise and have taken precautionary measures to reduce the chance of this happening again.
Merry Christmas and Happy New Year, my dear followers!
In just a few months we've grown from 0 to a community of 200+ smart and purposeful people (and 350+ blog readers).
Many thanks to ProQuant Team for all updates and opportunities, it was amazing year and I believe that next one will be much more profitable, and our profit will be much more consistent. Many mistakes have been done, many lessons have been learnt.
Have a nice holidays 🎉
In just a few months we've grown from 0 to a community of 200+ smart and purposeful people (and 350+ blog readers).
Many thanks to ProQuant Team for all updates and opportunities, it was amazing year and I believe that next one will be much more profitable, and our profit will be much more consistent. Many mistakes have been done, many lessons have been learnt.
Have a nice holidays 🎉
2020 has started with a revolution in ProQuant:
1. People became really active with making new strategies as they are going to be paid for real-money followers
2. People have finally started to make their Custom strategies, that provide perfect backtests and superb results
One of my new custom strategies has made 100% in 3 workdays. I believe that this year stable 100% monthly return can become our new reality.
1. People became really active with making new strategies as they are going to be paid for real-money followers
2. People have finally started to make their Custom strategies, that provide perfect backtests and superb results
One of my new custom strategies has made 100% in 3 workdays. I believe that this year stable 100% monthly return can become our new reality.
Have an idea, what do you guys think? https://community.proquant.com/t/multi-frequency-indicators/293
Discuss: https://t.me/pqpathchat
Discuss: https://t.me/pqpathchat
Hello again!
As you know, PQ is shutting down on 1st January. This app brought me to the big world of trading and I'm very thankful to PQ team for this amazing experience.
However, trading is much more than just simple entry/exit rules and PQ had realised it, but maybe too late. In the moment of QuantScript release I'd been learning programming of MQL5 robots for the few months and it was obvious to me that QuantScript is a lot, but not enough. QuantScript meant to be MQL/QuantConnect/Quantopian more simple alternative, but amount of opportunities that these platforms bring to you is much more than QS did.
I guess that's the reason QS didn't really interested professional algo-traders. And that's the reason why I wasn't spending as lot of time on PQ last months as I did before.
I guess that many PQ users are wondering which platform to choose to invest. I'm moving to MQL5 and I invite all of you to join me. I have an amazing robot which is 90% ready and I'm going to finish it in nearest weeks. It will have a huge level of diversification and many features, such as News trading, Support/Resistance trading, breakouts, many custom indicators, smart grids and much more.
Also, for the fans of Moonlight, I will write a copy of it in MQL5 and will make some new versions of it with features from my main robot.
All of this will be available for subscriptions, and you will also be able to buy my robot if you want. I'm going to share some more info about MQL5 as I have time.
Stay tuned.
As you know, PQ is shutting down on 1st January. This app brought me to the big world of trading and I'm very thankful to PQ team for this amazing experience.
However, trading is much more than just simple entry/exit rules and PQ had realised it, but maybe too late. In the moment of QuantScript release I'd been learning programming of MQL5 robots for the few months and it was obvious to me that QuantScript is a lot, but not enough. QuantScript meant to be MQL/QuantConnect/Quantopian more simple alternative, but amount of opportunities that these platforms bring to you is much more than QS did.
I guess that's the reason QS didn't really interested professional algo-traders. And that's the reason why I wasn't spending as lot of time on PQ last months as I did before.
I guess that many PQ users are wondering which platform to choose to invest. I'm moving to MQL5 and I invite all of you to join me. I have an amazing robot which is 90% ready and I'm going to finish it in nearest weeks. It will have a huge level of diversification and many features, such as News trading, Support/Resistance trading, breakouts, many custom indicators, smart grids and much more.
Also, for the fans of Moonlight, I will write a copy of it in MQL5 and will make some new versions of it with features from my main robot.
All of this will be available for subscriptions, and you will also be able to buy my robot if you want. I'm going to share some more info about MQL5 as I have time.
Stay tuned.
First Moonlight MQL5 Test.
Leverage 1:30; $1000 initial deposit; 5 years backtest; Trade size: Dynamic, 38%. Server latency: 50ms.
930% profit, profit factor 4.64 (fees included).
You can see that long drawdowns as you've seen in PQ. Going to optimize it...
Leverage 1:30; $1000 initial deposit; 5 years backtest; Trade size: Dynamic, 38%. Server latency: 50ms.
930% profit, profit factor 4.64 (fees included).
You can see that long drawdowns as you've seen in PQ. Going to optimize it...