Chartist Beginner’s Guide To Building Trading Systems

[systemsbeginner]

Hi guys,

Am a client of Nick Radge's Chartist and am happy with it. Fairly recently he's put out a trading course called Beginner's Guide to Building Trading Systems. It utilises the Realtest system and Norgate Data.

Wondering whether anyone has taken it and found it useful? Is it extensive enough that you could build a system yourself after taking the course?

​

 

[Sean K]

Hi guys,

Am a client of Nick Radge's Chartist and am happy with it. Fairly recently he's put out a trading course called Beginner's Guide to Building Trading Systems. It utilises the Realtest system and Norgate Data.

Wondering whether anyone has taken it and found it useful? Is it extensive enough that you could build a system yourself after taking the course?

​

There's a few members here who know Radge and have done his courses so you will probably get a decent response. One of the best things you can do is invest in education for your trading and investing future. Plus, it should be a tax deduction. Under 300 bucks doesn't look expensive compared to some other courses out there, depending on the content. I haven't done it.

There's plenty of books out there covering the same sort of material that you could also buy. It just depends how best you learn.

@tech/a would probably give a decent testimonial here.

 

[tech/a]

Hi @systemsbeginner

I've known Nick for 30 years and over the years we have become good friends.

Nick is very much like me don't suffer fools easily, call a spade a spade, and don't sweat small stuff.
On a professional level, Nick is one of the real educators. He knows how to cut through the Puffery which many offer up as useful
while extracting money on a hope and prayer. Nick tells it as it is. You'll get a good grounding.

Once you have something developed you'll find yourself endlessly looking at ways to break out a new method and with AI now around its even more exciting.
A basic background in charting is a real plus as you will then understand the terminology and ideas that you can explore.

Techtrader is in Nick's book "Ünholy Grails'" which I designed in 2002/3 and ran live on the Chartist for 7 years.
I still use a hybrid of the original today and a blend with the 20/20 system also in his book.
I think it's still available online ---someone here may have a hard copy you could buy but I know Nick Doesnt have any copies left (I've asked!).

Enjoy the journey you will learn a great deal that you currently won't know you'll learn which will keep you well in life itself.

Cheers Tech

 

[maxtoday]

Hi @systemsbeginner

I've known Nick for 30 years and over the years we have become good friends.

Nick is very much like me don't suffer fools easily, call a spade a spade, and don't sweat small stuff.
On a professional level, Nick is one of the real educators. He knows how to cut through the Puffery which many offer up as useful
while extracting money on a hope and prayer. Nick tells it as it is. You'll get a good grounding.

Once you have something developed you'll find yourself endlessly looking at ways to break out a new method and with AI now around its even more exciting.
A basic background in charting is a real plus as you will then understand the terminology and ideas that you can explore.

Techtrader is in Nick's book "Ünholy Grails'" which I designed in 2002/3 and ran live on the Chartist for 7 years.
I still use a hybrid of the original today and a blend with the 20/20 system also in his book.
I think it's still available online ---someone here may have a hard copy you could buy but I know Nick Doesnt have any copies left (I've asked!).

Enjoy the journey you will learn a great deal that you currently won't know you'll learn which will keep you well in life itself.

Cheers Tech

I've got the unholy grails book right next to me...

 

[tech/a]

Techtrader from memory is pages 107-112 ish----

 

[maxtoday]

Techtrader from memory is pages 107-112 ish----

I havent read the book yet, still going through other books to get to this one..

 

[dyna]

I havent read the book yet, still going through other books to get to this one..

Here's my 2 cents worth.
I've just re-read my tattered old copy of " Unholy Grails "
Unable to get past the gobbledygook of other books.
Highly recommend it.

 

[tech/a]

How to trade and/or invest profitably --- without the Bullsh*t

Its Nearly Feb and the world is trying to vaccinate in a global pandemic--- 2021 AUSTRALIA DAY. I've been trading 30 years ---In that time I've had countless people contact me wanting to know the "Holy Grail" The "Secret Sauce". I've traded Both Systematically eg "Techtrader" as seen in Radges...

www.aussiestockforums.com

I've noticed over the years many Experts professing to know "The Secret" For a few $1000 we will unlock the complexity (Read make this as complicated as possible) AND if you don't get it then take our master class for $5000 and you'll be so confused youll give up!

Those experts are now gone! You don't even see posts by the followers anymore.
Guppy (Retired admittedly)
Safety in the markets
Tradeguider (although I do like this software and have used it.)

There are countless more.
There are no secrets I've posted on this before. See above.

 

[peter2]

Replying to the OP @systemsbeginner, yes, you'll be able to code a simple trend following or mean reversion system using Realtest after going through the course.

If you want to code something more intricate then you'll be able to get that assistance through the Realtest forum.

 

[Chipp]

If you want to learn to make a system , read a couple books on systems building ( Howard Bandy , Ernie Chan , Kevin Davey ) Find the language you are comfortable with and that does what you require . How difficult is this language to learn , what are the resources to learn said language ( what forums/documentation/ video turorials are available ) . This really is one the hardest things you will ever do to be honest . Doing a Radge course probably not what id be doing , i dont think he is actually that advanced or transperant from what ive seen . The only person likely making any money from that course will be Radge IMO . If the guy selling systems is training you to build systems i see a conflict of interest tbh , i think you end up paying him twice myself . If you have zero coding experience and have never used Excel in anger you probably arent cut out for this tbh . Reality sucks i know , to become a proficient coder capable of writing robust algos will take as long if not longer than learning to be a surgeon . How do i know , ive been down this road . And in the end learning to code is the easy part , turning chart patterns into maths is a very neccessary skill as well . if you try and use most generic chart indicators and filters all you will do in the end is prove how flawed and ineffective macd and rsi type things are leave alone the subjective rewriting junk thats out there . Dont get me started on curve fitting , Radge possibly will . Sorry if i have put you of but it's sort of what im trying to do . Save your money unless you are willing to invest years and suffer massive heartbreak . Good luck nevertheless


Edit ... Go and have a play in trading view , have a look at the pinescript , check out some avaiable code , see if you can get a handle on it . there is heaps of code you can look at , it will cost nothing or very little and give you an idea of what you are up against , i found PS language fairly easy to get a handle on but i could code before i ever looked

 

[Chipp]

Better system trader can be a decent place to learn ins and outs trading systems/coding with a lot of resources reccomended and linked . Hopefully it is still around , i think you would find it useful

looks like its still active https://bettersystemtrader.com/

 

[tech/a]

And in the end learning to code is the easy part , turning chart patterns into maths is a very neccessary skill as well . if you try and use most generic chart indicators and filters all you will do in the end is prove how flawed and ineffective macd and rsi type things are leave alone the subjective rewriting junk thats out there

Rings very true.

And in the end learning to code is the easy part , turning chart patterns into maths is a very neccessary skill as well .

Which in turn is limited by the language being used.
You need something like Python-- C++ but the language will end
up being the limiting factor with most off the shelf products.

 

[georgie23]

Hi guys,

Am a client of Nick Radge's Chartist and am happy with it. Fairly recently he's put out a trading course called Beginner's Guide to Building Trading Systems. It utilises the Realtest system and Norgate Data.

Wondering whether anyone has taken it and found it useful? Is it extensive enough that you could build a system yourself after taking the course?

​

I will give my feedback as someone who has done the course.

Probably my overall summary is that it’s a great beginner course - minimal outlay in costs for course but you will need to commit to Norgate and Realtest (but you will probably need some program and data feed anyway)

It ran through some approaches and used some simple examples to get you understanding what trading systems using real test would be like

Does it make you ready to trade at end of it - No

If you have a very good understanding and just want to transition to Realtest then probably will help and you are already ahead

As a novice who hasn’t written systems it’s a good intro but you will need to go away and spend the time to understand and refine what you are doing.

For me I have struggled with the time
I go through phases of having time to dedicate and get three steps forward and then life gets in the way and end up two steps back.

I suspect the plan is to try to get you to buy ready made systems or spend some time with further tutoring or mentoring which will probably get you to a much better place albeit at a further cost which is not unreasonable

Either spend the time to learn it or pay someone to teach you - I have come to that conclusion - it’s the same as most things in life

 

[tech/a]

Personally I came to the conclusion to hire an expert in Python
From there I learnt that their knowledge and speed in working with me was 20x as fast as me fluffing around learning as I go that I stuffed up the logic which caused massive wasting of time.

With genius next to me I could sort out what I was trying to achieve in minutes while massaging code with my practical T/ A knowledge

I am blown away with what these guys can write in minutes , it would take me days!!

Worth the $$ s and learnt heaps and have a cashe of code for a myriad of situation's
A few grand was well spent and genius is hooked! He was really keen to see the results.

Now I get a heap of free stuff as I help him with his T / A ideas And a few of his mates.