tag:blogger.com,1999:blog-5375291312433129989.post8162842203180501170..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: Profitable Forex strategies - a follow upHenrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5375291312433129989.post-39319917813274933792015-09-22T10:31:27.415-04:002015-09-22T10:31:27.415-04:00Of course, haha... But varying it between ATR(15) ...Of course, haha... But varying it between ATR(15) and ATR(100), may show a valid statistical edge, making worthwhile ;-)... I'll be gladly looking into if in the case you finally decide to implement it!<br /><br />Víctor Anonymoushttps://www.blogger.com/profile/16429905594767000472noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-55836286733528155532015-09-22T10:10:50.654-04:002015-09-22T10:10:50.654-04:00Yes it does alter it. But the default values were ...Yes it does alter it. But the default values were the best as far as I remember. Of course if you use something like ATR(1), ATR(5), ATR(3) of course things could drastically change.<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-33451398636204264192015-09-22T10:08:34.026-04:002015-09-22T10:08:34.026-04:00Hey Henrik,
Yes. I meant the ATR Period (in days)...Hey Henrik,<br /><br />Yes. I meant the ATR Period (in days) used to calculate Stop Loss "distance"... Wouldn't that influence the process significantly enough to alter the outcome?Anonymoushttps://www.blogger.com/profile/16429905594767000472noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-84222498357184785202015-09-22T09:26:22.743-04:002015-09-22T09:26:22.743-04:00They do work based on the similar principle of Don...They do work based on the similar principle of Donchian break out. The difference is in how positions are managed, how exits are decided. But, because they rely on the same entry principle, that is why they are correlated strategies and I don't advice using them all on the same account at the same time, except with low risk settings for each as draw-downs can coincide in the portfolio.<br /><br />Your idea about the ATR setting can be considered. I don't think it will change things a lot as entries will still be the same (Donchian channel is unrelated to ATR). Usually the parameters used for ATR are either 14 or 20, so I didn't see much variability and potential in this. But it is a good idea to let the user specify. I will look into it.<br /><br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-54400287390882780082015-09-22T09:25:31.273-04:002015-09-22T09:25:31.273-04:00Henrik,
Thanks a lot for your quick, lengthy and ...Henrik,<br /><br />Thanks a lot for your quick, lengthy and super detailed reply. I also really appreciate it :)<br />I totally comprehend what you said.<br /><br />After analyzing a little more about how your published EA systems work (not all of their rules are yours, but IT IS the coding and kind sharing), I have noticed that the "LT Trend Sniper", "Donchian Breakout Strategy (50Day-Breakout)" and "Turtles Trading System 2", equally relay on the same basic breakout principles. Hence, I would like to ask you, if you think it could be a good idea to include another configurable Input parameter to the "LT Trend Sniper" and "Turtles Trading System 2" EAs, which only the "50Day-Breakout" system has: the customized ATR Period... I strongly believe it would be a very useful addition, in order to be able to further customize and optimize them according to different market conditions with constantly varying volatility.<br /><br />Best regards,<br />VíctorAnonymoushttps://www.blogger.com/profile/16429905594767000472noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-82923074544689434772015-09-22T09:13:19.816-04:002015-09-22T09:13:19.816-04:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/16429905594767000472noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-86383527113389578422015-09-21T23:11:57.961-04:002015-09-21T23:11:57.961-04:00Hello Victor,
Thanks for your comments, as they m...Hello Victor,<br /><br />Thanks for your comments, as they may be the same concern of many other readers.<br /><br />The answer to your questions. The other 3 automated systems have appeared over time and it is not my intention to trade every single system live. In fact, although I have published four on this site, I receive ideas, links and comments about robots and automated systems almost on a weekly basis. It would be impractical to show-case hundreds of systems here or to just go ahead and trade them all myself on separate accounts to isolate their performance. <br /><br />These are not really "my systems" so it is not my intention to take the credit and pretend they are by taking more ownership than just explaining them on the site. Actually the Turtles Trading system in particular is not "mine", nor is the 50 Day break out with Moving average confirmation either. But, unlike black boxes from unscrupulous vendors that pollute the internet, there is no secrecy with these ones. All the rules are there. The fact that the trading rules of both are publicly available makes it unnecessary to consume space and add clutter to the site with more accounts showing results updated every x minutes. You typically do that to convince people of how good your black box system is and sell it to them. So, as a matter of, let's say principles, I showcase the returns of the Sniper live as I believe it is my best creation and also because the rules are not public and it is the one I trade with real money. The one I most trust.<br /><br />The returns of all these systems will of course be updated. I just have to buy high quality data from a reputable provider and I am waiting until the end of the year in order to have the full 12 months. But yes, count on it I will definitely talk about the performance of all these systems for better or worse, but again I just want to purchase the data once, instead of now, and then again at the end of the year. My intention is to do the same thing every year going forward.<br /><br />As for performance in 2014-2015. Well the results for 2014 are the ones published on this article. As for 2015, the systems are performing decently well thanks to the fact that the Euro experienced nice trends in the first half of the year. They are all between +5% to +20% growth but of course these numbers are bound to change during what is left of the year. All the numbers will be available in a few weeks.<br /><br />Thanks again for dropping by Victor and leaving your questions. I really appreciate it.<br />Best,<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-32199876457433256162015-09-21T20:47:43.156-04:002015-09-21T20:47:43.156-04:00Hello Henrik,
Aside from the live "LT Trend ...Hello Henrik,<br /><br />Aside from the live "LT Trend Sniper" account shown in MyFxBook, why there's nothing else regarding your other 3 automated systems? Do you have any actual data showing they are still properly performing through 2014-2015?<br /><br />Regards,<br />VíctorAnonymoushttps://www.blogger.com/profile/16429905594767000472noreply@blogger.com