Have you ever wondered what is looks like to actually build a trading system? TradingPub Commentator, Zac White, of Shark Indicators take the tme to walk through this process. We hope you enjoy the following guest post:
In this video, we are going to build upon a system that we showcased in an earlier webinar, found here. After you’ve built your entry signals, the next step is to perform the actual research.
I’m going to cover some basic characteristics you want to see in a trading system. These characteristics are important to know whether you prefer to trade the system discretionarily or fully automated.
NinjaTrader’s Strategy Analyzer is a great tool for generating this data. The trading system used with SharkIndicators’ Raven strategy is a classic stock trading system using three indicators; the SMA, Stochastics, and MACD.
Some of the points covered are;
- The desired patterns in the Equity curve.
- Determining unusable data.
- Looking at the statistics as a whole.
- The effects of changing your stop loss.
- Intro discussion on tuning the indicator’s cycles to the instrument’s cycles.
Access the Video by Clicking the Link Below:
Next week we’ll dive into the system and take a look at the effect of changing some of the parameters.
To learn more about SharkIndicators, click the following link: Learn More Here