Forex Software — Improving strategies with infrequent indicators

Re: Improving strategies with infrequent indicators

2012-07-05T22:36:01Z

Run the analyzer and see what effect small changes in the indicator values make.

Re: Improving strategies with infrequent indicators

2012-07-05T18:56:39Z

I tried replacing each main indicator with the infrequent ones, didn't work out very well though.
I think the best thing to do will be to work out the probability of the trades being "blocked" being luck, with a 0.47 win rate (0.53 loss/break even) then the probability of 5 trades being blocked by a new indicator all being bad trades should be around 4.2%. I don't think I would settle for much higher than 5%.

Re: Improving strategies with infrequent indicators

2012-07-05T18:35:16Z

What if you replace one of the standard indis with the infrequent as you call it? Does it make strat worse or better? I think the latter is the main question. Cluttering the strat with many indis might not be the smart play here, but that's only my opinion.

Improving strategies with infrequent indicators

2012-07-05T18:23:43Z

Hey,
I have been adding some new logical conditions to a strategy to try to improve it. Some of these indicators change maybe 1-4 trades out of ~850. They improve the total profit, sometimes only cutting out 4 losing trades while not changing the total number of winning trades. Sometimes they change 1-2 of each but increase total equity. Are these alterations worth working on? After all, if they only change a few trades per year (I had around 850 trades over a 12month back-test) then there is a distinct possibility of them just being lucky in the trades they cancel out.
Would any of you bother including a new indicator that only changed, say 4 trades out of 1000, but increased total profit in back-testing?
I am talking about conditions such as Stochastics slow %D being above a level of 2.
Regards,
Matthew