Topic: Number of combinations of strategies
Hi,
You can set the EA Studio to search for strategies for a specific amount of time and the progress metric shows how much % of that time you have used up. But, is there a way to know how many actual combinations might be possible with your set up and how long it would take to work through them all?
Obviously, there is going to be a massive number of combinations and, depending on the speed of the machine, this is not going to be practical for most people to know. But how about if you had a very fast machine?
Also, Im assuming that the combinations that the software goes through are random and not incremental, i.e. the longer you leave it running, the more likely you are to get a good result. Thinking about this, is there an optimum amount of time that the software should be kept running to find a decent quality of strategies?
As an example, if it takes 2000 hours to go through ALL the combinations, you probably dont need to let it run for that whole time - you might cover a reliable % of that in 500 hours that would make the remaining 1500 hours more or less moot, especially when the portfolio approach takes up the slack of any poorly performing strategies.
Im interested to know, do most successful traders set it to 9999 minutes and leave it for a few days, e.g. on a VPS then just go with that?
Thank you,
Matthew