Powered by Jitbit Asp.Net Forum free trial version.
home recent topics recent posts search faq  

MicroTrends NinjaTrader Forum



register | lost password   open id
Messages in this topic - RSS

Home » NinjaTrader 6.5 Strategies » Licensed NinjaTrader Strategies » MT2 » MT2 - MT2 Trading and Settings » Am I doing something wrong?

Ask questions about settings and post your settings and ideas
04/01/2010 13:24:45

Tom Leeson
Tom Leeson
Administrator
Posts: 662
I do not recommend settings or investment advice
I would not have said tihs is one of my best one - there is no such thing; only settings you find to suit your psychology and mindset - your rection to drawdown etc.
I provided settings to try as you did not want to find your own.
Those settings are contrasting in how they trade and have had some good figures in the past from the optimiser - they may or mayeb good to use for you - i wouldnt know i dont know how you trade.
You need to analyse on a monthly basis not daily not weekly.
You need to run on the simulator for 1 month to 2 months to test a setting
The MT2 is a robot for which I can help find settings for you to trade it
MicroTrends does not issue them or investment advice to trade live with
The MT2 is provided so you all the programming is already completed
You need to backtest the settings on larger periods of historical data
There are other settings in the online database which you can learn how to appraise and become a mechanical trader.
I am performing backtesting over longer periods of data and continue to build up a the database of settings so there will be more robust settings stored there.

We do not offer a service where you subscribe and do nothing in return –you need to proactively trade and backtest.
The idea with the MT2 is you learn to trade with it not us tell you.

My philosophy is that every trader should learn to trader for themselves
and become independent as a mechanical trader or discretionary.
We can assist on that but we do not trade for you.
NinjaTrader offers free courses on how to backtest and optimise, all you ahve to do if you are serious about trading is learn how to do that, procuure the data and perform the backtesting.
WE do not know what settings will suit you - losses are a natural part of trading:
You may be better off with a blackbox robot service which is operated by a find manager– currently we do not offer them.

--
MicroTrends tom
0 permalink
04/01/2010 13:20:05

Tom Leeson
Tom Leeson
Administrator
Posts: 662
I zeroed in on the 6B, 89 tick, ID 595 strategy. However I am afraid to pull the trigger because I loaded the 12-09 contract from ZEN data (my broker Myrus, uses them). The performance result from my chart for the period Sept 1st - December 15th shows a gross loss of - $1431.17 with 155 trades (the commissions and slippage would be an additional $1500 loss on top). The max drawdown shows $5802.32.




That is a pretty scary result. Now I am afraid to go live with this one, and I thought it was one of your best ones.



Do you get the same results with this strategy as I, or am I doing something wrong?

--
MicroTrends tom
0 permalink




Powered by AspNetForum 7.0.1.0 © 2006-2011 Jitbit Software