No, but for sure you will get more signals

It is included in the analysis, and will show up in the data. If i buy at 4am and sell at 11pm every Wednesday, it will include all gaps that happen when future close for 45 minutes and will show up in performance metrics.

Lookback: if you are trading today, how far back you want to look for a pivot? is it over the past week, month, 40 bars, etc. Window: if you have a pivot happen today, how many bars in the future you want to look for the other conditions (open above pivot high, etc.)?

Hello Ali, you surprised us again. How should we act to specify lookback and window conditions in the Strategy quant x Wizard template?

I think that these conditions can be done in the EnterAtStop section The Bars Valid section is for window?

you are on the right track, you will need variables to track. Projects like this one, require a good development environment which is something that SQX is not built for. It will be very hard to know if the code is doing what it is supposed to do.

​@@StatOasis It seems that you have wider capabilities in the multichart environment to develop such complex cases, and you have a closer interaction with the logic and performance of strategies. I have heard from you many times that simplicity is better. But can you tell where the complexity can be logical?

😂😂

My pleasure

Amen!

I can't disagree 😊

In my newsletter Go.StatOasis.com/algotrader i show the continuous correlation between VIX & SPX and from that you can see clearly its not below -0.5 all the time, meaning similar strategies will produce different equity curves, and thats whats important as you need to diversify your portfolio.

even when both instruments are highly correlated, strategies will not behave exactly the same, average trade will be different, DD, filters, average bars in trade (strategy exposure) etc. So you will get diversification from trading the vix.

thank you

But you pay taxes on any trading/investing returns

Glad it helped!

i don't think so

You can, but you will risk not getting filled, since we are trading a pattern, we want to be in the market when it happens

@@StatOasis yess. Makes sense Thanks a lot!

Thank you Eric 🙏

Much appreciated!

You are talking about robustness testing. Its not a single test, instead its a workflow (multiple steps). In Go.StatOasis.com/atm i have a full module out of 5 about robustness.

@@StatOasis thank you so much

To get started, you can check out my detailed videos or get the book by Toby Crabel. If you’re looking for more personalized guidance, Feel free to reach out to me via email.

@@StatOasis thank you Ali. I’ll get the email.

can you provide me with an email in this chat?

♊️

U need different data for MT as they stamp the open while TS stamp the close

Glad you liked it!

No it wont

@@StatOasis how realistic is the outcome then. I can spent my dollars only once. Trades will overlap I assume. 🤔

Spend your dollars on learning how to build strategies like these

@@StatOasisit was a simple question. i know you want my money but hey if you have a channel than at least give some serious answers TY

Thanks for the feedback

stockpicker is synced to the engine in the cloud so you can move the strategies to trading easily. not all features are available in the cloud, but RSI2 is definitely available

there are several ways to normalize, and dividing by the closing price I think is the easiest to implement. none is perfect as with everything in this field 😉, just try to be consistent.

@@StatOasis OK , got it . Thanks

My pleasure

@@8888mm Rising and expanding are the same. Falling and contracting are the same. Think about the Bollinger bands... When the bands are moving away from each other, volatility is rising or expanding. Vice versa when they are getting closer to each other.

Hi Michael, lets dissect this by using ATR as a proxy if ATR > 50 then market is volatile (this number will depend on market traded, but there are other ways to normalize it for all markets). if ATR < 10 then market is quiet anything else then market is normal if ATR > ATR[1] then volatility is rising else volatility is falling in the AlgoTrader newsletter go.statoasis.com/algotrader I used Market Regime Volatility (available for ATM students go.statoasis.com/atm), and am measuring it over two bars. This is how it looks like using our ATR example: ATR < ATR[1] and ATR[1] < ATR[2]

you are right, volatility expanding and rising point to the same thing. I use them interchangeably

@@StatOasis thanks for the clarification cheers

So nice of you

i dont think i coded that one, it should be available in all platforms, it is the LR angle

Hi ATM is open for enrolment now Go.StatOasis.com/atm Yes and yes for Q2

@@StatOasis Thank you very much by your quick response Ali I will check in your Masterclass One more time .. congratulations by the quality of your Chanel and your crafted videos and the information provided on them

🙏

everybody does, this is just a skill and if you decide to learn you can, maybe it will take you longer or shorter than others, but everyone can learn it. 💪

My pleasure! I searched for your comment to give you a shout-out, but couldn't find it. thanks for the question 👌

Good call!

your head in the right space, but there are so many factors to consider: timeframe, programming language, platform, etc. Regardless, you will need some cleaver programming (optimizing the code). Not all programming languages are equal, for example C is extremely fast language, R is built for this type, Python has special libraries to deal with this, and so on. To start with, run each filter category separately. To give you an idea, using Multicharts (multicore) it takes about couple of minutes to run through 1000 iterations in my big template, but it takes 20 seconds to run through the same if strategy is not a template (10 lines of code).

@@StatOasis Thanks fro the advice. Hopefully i will put my first strategy on the markwet one day... I use multichart easy language, and with all this filter dividing in to groups the code is still big so i have to use genetic optimization in order to to move on. Other issue that kills me and so difficalt for me to understand is: generated strategy with long and short entries does not equal 2 strategies with only long and only short etries, because as i undersood so far each strategy in first case acting as aditional filter and influencing on each other. So im traing to undrstand how to fix this, Any ideas? one of the sollution i came with is to use opposite (for example short) signal as a NO LONG TRADE TODAY filter with reset at midnight. but im in dought... have a filling that this can lead to overfitting.

Very happy 😊 to hear that! Comments like these really keeps me going 💪

don't forget some people are occupied with their careers and don't have time to be full time traders, so nothing wrong with investing.

Thanks for watching

correct, also indexes are systems that continuously add outperformers and exclude under performers, that's why they keep drifting up

Thanks a ton for the shoutout! I'm thrilled that you're finding value in the content. Keep watching for more insights!

My pleasure 😊, glad it was helpful

the distinction may seem vague ... if you tuned the parameters then it doesnt count as filters i guess... i binge watched all his videos. i can confirm his workflow is simple, concise theoretically sound something like below 1. tune strategy with ""simple"" rules + apply some filters (fixed) 2. mix different strategy characteristics (mean reversion, trend following) to construct portfolio 3. diversify timeframe, asset class for more robustness in portfolio + we could experiment with portfolio weights, leverage and so on ... (mean-variance portfolio, sharpe ratio, martin ratio ..etc)

@@poisonza yea, i binge Casey's videos too i really like this channel. thanks

you can tune a mean reversion or a breakout signal as much as you want, once you are done, try adding volatility filter, it will do wonders to these strategies, check out my newsletter, I go deeper into the subject. go.statoasis.com/algotrader

very well said 😊

If you are using TradingView, just search “Awesome Oscillator”. If you are using Multicharts or Tradestation, the code is in the community Go.StatOasis.com/join

Same workflow, new test!

Glad you liked it

Thank you for being here

My advice is no position sizing. You have to learn to drive before racing