Thank you for your reply, @Skate. I appreciate your commitment to fostering a respectful and inclusive environment where everyone feels comfortable sharing their views. Your emphasis on diverse learning experiences and respecting different perspectives is undoubtedly one of the strengths of this...
It’s great to see active discussions like this unfolding here on the forum. I want to take a moment to acknowledge @Richard Dale ’s contributions to this thread.
The goal of forums like this is to foster informed and challenging discussions, where alternate views can be shared freely and...
I am trying to set a pyramiding in based on liquidity. This is an extract of the code
Liq = EMA( C * V, 10 );
CV = 500000; // Volume
Liqfactor = Liq > CV; // Liquidity filter
LowLiq = Liq <= 1000000;
MedLiq = Liq > 1000000 AND Liq <= 5000000;
NormalLiq = Liq >...
Hi @Skate, very true. Just plugged the code in - and it has heaps of errors. When it is pointed out in ChatGPT it changes but still wrong.
It still has a way to go. I just thought it was an interesting exercise, as I had seen ChatGPT being discussed in another thread.
Hi, I've seen some discussion on the value of AI. I put a question into chatgpt and this is the code generated
// Get user-defined value for watchlist filter
FilterValue = GetOption("FilterValue", 70);
// Get list of symbols in watchlist
WatchlistName = "My Watchlist"...
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@Skate, I'd be wanting to trade the "Flying Pelican"
Why? - the CAR/MDD of 3.08 is the highest. On other metrics the annual return of 53% is great and the MDD of 17.3% is well within my comfort zone.
I will be interested in hearing other opinions :)
btw, all of the other strategies I'd be...
Given that the risk free rate of return is no where near 5, then i guess the Sharpe ratio showing on Amibroker backtest reports are not accurate.
Interesting topic:)
The GTFOH filter I’ve used on this system operates at 2 levels.
A yellow flag ⚠️ is raised if the Index Gann Trend is negative.
The GTFOH filter ? is then triggered if there is sell signal on the symbol using the Jim Berg codes, whilst the Index yellow flag is waving. The sell trigger...
I have run a test on one of my systems this morning, unfortunately it hasn't added value to my "GTFOH" filter. When I have time I will run it though some of my other systems,
This concept brings to mind an article by Marcus Padley "The Collins Class Rule". This article refers to a daily movement in the US market, but is in line with your thinking " corrections start fast and then trend and you had to have an unemotional mechanical strategy that pulled you out early...
Hi, if you can get your weekly system limiting to a 8% drawdown, you are laughing.
The "risk profile" is the key to any trader to understand
From my experience a 20 to 25% drawdown would not be deemed unacceptable [although painful]. I see from your original posting that you had been able to...
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