The thing I don't like about strategy quant x, there is no money management where I can say for every $1000 balance, I want to use 0.1 lots (regardless of no stop loss being set at all). So if I had 2000 balance, it would use lot size 0.2. I try "risk fixed % of account " and it does not seem to use the amount, it also uses the setting if MM is off. I don't have a stop loss defined.
depends on your settings, but you get strategies in seconds, minutes, never hours, because if it takes hours to come up with a strategy. the problem is Data Mining packages do come up with million of strategies with small variations, and you need to vet them for robustness, as > 98% of results are over fitted. Usually on the channel I start with a strategy/concept that works and do some modifications, but to automate the process, you definitely need robust workflow.
Thanks Ali. Good to see intraday trading can work effectively.
Yes it is, thank you for your watching
Great content and ideas to pick up as always. Enjoying a lot with what you explain in each video. Thanks Ali. KEEP DOING GOOD CONTENT TO SHOW. 😀
Glad it was helpful
The thing I don't like about strategy quant x, there is no money management where I can say for every $1000 balance, I want to use 0.1 lots (regardless of no stop loss being set at all). So if I had 2000 balance, it would use lot size 0.2. I try "risk fixed % of account " and it does not seem to use the amount, it also uses the setting if MM is off. I don't have a stop loss defined.
yep, no package is complete
@@StatOasis I got around this by defining a huge stop loss and then using risk % of balance.
That’s great, there are many ways to get around this, you can build a variable that decides number of contracts based on account balance
Thanks, interesting to see use of 2H timeframe
Thank you for watching
two good youtube channels collide!
Hi Ali! First of all, thank you for another great video! For backtest cryptocurrencies on SQX, wich database the software uses? Thanks!
SQX connects to free sources like binance
Great video! Thanks
Glad you liked it!
Question, when your running the strategy quant x for your videos your results are excellent. How long does it take to run ? hours or days ? Thank you
depends on your settings, but you get strategies in seconds, minutes, never hours, because if it takes hours to come up with a strategy.
the problem is Data Mining packages do come up with million of strategies with small variations, and you need to vet them for robustness, as > 98% of results are over fitted.
Usually on the channel I start with a strategy/concept that works and do some modifications, but to automate the process, you definitely need robust workflow.
Hi Ali, i registered for the course months ago, never got a reply ... any courses soon ?
Sorry about that it was only for discord members. Launch in end of March for all subscribers.
hello
would you please tell me the date of starting algo trading course.
i have sent email .
Next enrolment will open in April, please subscribe to the list to be notified.
Go.StatOasis.com/MC
10:05 🤣🤣😆
yeah, it happens more than you think 😀