Topic: Another approach to system Generator

I am happy my suggestion for a random system generator had been implemented. I am sure many people will find profitable system very much easier via this function.


My other idea for system generator is the systematic search for profitable system by systematic search for te indicators combinations.

Manually, I will start with the opening trade. I will go through each and every one of the indicator and pick the indicator that give the highest profit and the mininum drawdown, specifically I am looking for equity line that is goes up.

Once I have exausted the addition of the indicators on the open trade, ie where no will make the system more profitable than what is current is, I will do that for the close position.

Doing it manually take time and alot of mouse clicks. CAN THIS SEARCH PATTERN BE AUTOMATED ? Can the optimizing function be included in the systematic search for profitable system ?

2 (edited by forexer 2007-08-08 02:43:27)

Re: Another approach to system Generator

The FSB generator is surprisingly fast and powerful. I've never used such effective gadget before.

It looks like an anabolic bull, going straight to the goal, neglecting to the well formed strategy style. Some times one can remove the half of the slots without reducing the result.

Of course the combining of generator and optimizer in a single automatic tool will give us more effective strategy code, but what about the over-optimization! Also the gen. will lose its enormous speed.

I prefer to check five strategies for an hour, including the manual improvement and optimization instead of waiting for a well formated but over-optimized system.

The generator is an excellent source of new ideas.
The optimizer is an excellent manner to lose the connection with the reality.

3 (edited by Melvin Lau 2007-08-08 09:29:26)

Re: Another approach to system Generator

I am not suggesting to do away with the current random strategy generator, what I am asking is additional strategy generators. If it does not work, then just leave it alone. The more option we have the better it is.

Anyway manually searching through all the indicator did not took a long time, if that is automated it will surely be faster. I have system the generate 100K pips over the standard FSB time period all manually found by hand.

Re: Another approach to system Generator

Hi,
I'm thinking to do a more intelligent and self educating generator. I already have the basic algorithm, but zero time to implement it. It cannot be published before next spring. Anyhow, I appreciate all ideas.

5 (edited by Melvin Lau 2007-08-09 23:02:32)

Re: Another approach to system Generator

Hi Popov,
I am glad that FSB have been recognized as the fastest & easiest piece of software to generate profitable forex strategy. Am glad that you have new idea on system generation.

My only problem is how can one put strategy found in FSB into real use. In the short run, maybe you can invite qualified MT4 programmer that can code the FSB strategy so it can work in the real world, long term, like I read in your posting else where is for FSB to do the trading directly.

My other suggestion is to make use of the tons of free MT4 indicators to work in FSB itself. This feature will then be able to release the real power of the system generator in FSB. it will take you a long time to code these indicators , why not work on a process of convering the code directly for it to work inside FSB ? One can download for free or to short cut finding them, purchase 2000 indicator fors USD10-20  at eBay. Since they are public domain, once purchase it can be released with FSB.

Re: Another approach to system Generator

Now this is the pictural proof that my algorithm produces result

URL=http://allyoucanupload.webshots.com/v/2002139631954490191]http://aycu18.webshots.com/image/23897/2002139631954490191_rs.jpg[/url]

http://aycu18.webshots.com/image/23897/2002139631954490191_rs.jpg

Re: Another approach to system Generator

It is great.

Re: Another approach to system Generator

Using the Comparator to check the robustness of the strategy found.

http://aycu22.webshots.com/image/24341/2004332470957702170_rs.jpg

http://aycu22.webshots.com/image/24341/2004332470957702170_rs.jpg

9 (edited by Melvin Lau 2007-08-13 04:46:36)

Re: Another approach to system Generator

I have another suggestion for another type of system generator, I will call it the "Reverse Engineer System Generator"

Basically, we start by defining where the buy and sell points are and then uses the Genetic Algorithm to find technical indicators and parameters combinations to imitate they way we would like the strategy to trade.

For a start to simply defining where the buy and sell points are, we can use the ZigZag turning point for the GA to try imitating in its selection of the indicators and parameters combinations, then filter out systems for consecutive loss. big drawdown, remian in lost position for too long. etc and then present to us the remaining profitable strategies. We will then have to pick out which one we like base on the equity chart manually.

Re: Another approach to system Generator

Melvin Lau wrote:

Now this is the pictural proof that my algorithm produces result

URL=http://allyoucanupload.webshots.com/v/2002139631954490191]http://aycu18.webshots.com/image/23897/ … 191_rs.jpg[/url]

http://aycu18.webshots.com/image/23897/2002139631954490191_rs.jpg

Melvin,

Would you like to share this result?  Please publish if you can. Is it a daily bar type that can be easily applied from FSB to real world?

thx,
jerry

Re: Another approach to system Generator

Melvin Lau wrote:

I have another suggestion for another type of system generator, I will call it the "Reverse Engineer System Generator"

Basically, we start by defining where the buy and sell points are and then uses the Genetic Algorithm to find technical indicators and parameters combinations to imitate they way we would like the strategy to trade.

For a start to simply defining where the buy and sell points are, we can use the ZigZag turning point for the GA to try imitating in its selection of the indicators and parameters combinations, then filter out systems for consecutive loss. big drawdown, remian in lost position for too long. etc and then present to us the remaining profitable strategies. We will then have to pick out which one we like base on the equity chart manually.

I like this idea, in fact I played with it few times with aimlearning.com machine.  Had some earlier success couple years ago, but recent attempts eluded me.

jerry

Re: Another approach to system Generator

Hi friends,
I dont like the system generators too much.
The presented one in FSB is to give you some ideas only. Anyhow, I'll try to improve it in the next FSB version.