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Good strategy for strategy trader


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  #1 (permalink)
 bomberone1 
London
 
Experience: Beginner
Platform: MultiCharts
Posts: 277 since Nov 2010
Thanks Given: 14
Thanks Received: 29

Hy folks,
I see that in section of download there are many strategies for Strategy Trader.
My question is are that strategy good enougth to be used in real trading?
Coukld someone send me example of strategy to be used in real trading?ù
Another question, If i cose a strate or indicator in Ninja, copuld it be imported in Strategy Trader as like to be or should i make changes?
Regards


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  #2 (permalink)
 Timot 
London
 
Posts: 26 since May 2011

Best way is by testing the startegies with a mini account under real conditions. This is what I do. Becktesting cannot go too far.


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  #3 (permalink)
needpips
Nashville, tn
 
Posts: 10 since Mar 2011
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Timot View Post
Best way is by testing the startegies with a mini account under real conditions. This is what I do. Becktesting cannot go too far.

Run a backtest several times over n over nnnnnnnnnn over!


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  #4 (permalink)
 RM99 
Austin, TX
 
Experience: Advanced
Platform: TradeStation
Trading: Futures
Posts: 838 since Mar 2011
Thanks Given: 124
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You first need to ask yourself...

If a strategy is profitable....why on Earth would anyone sell it or divulge it to others?

There's a 100% chance that any profitable strategy will make more money being actively traded than the sales to retail/amateur investors.

Even a strategy that could yield 5% a month reliably would be more valuable to the architect who crafted it than it ever could being sold to others.

Furthermore, when everyone is buying and using the same strategy it can have BOTH positive and undesirable effects.

I would say that most masterpieces are rewritten. In that sense, these strategies can give you a start on coding, general ideas and such...but to take something off the shelf and trade it....successfully.....consistently....for a long length of time, seems a bit far fetched.

I may be wrong....if I am, then please inform me so I can take a look at whatever successful off shelf strategy is available that makes consistent money. I'm always open to be wrong if it's going to make me money


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  #5 (permalink)
scotty
uk
 
Posts: 1 since Jun 2011
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Thanks Received: 0

Hi,
I have been using the Keltner Channel (Inputs= Lenght 39 Distance 4.5) on EUR/USD on 1 Hour chart, Has been 70-80% Accurate for a couple of months now.

Good Luck!!


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  #6 (permalink)
 bomberone1 
London
 
Experience: Beginner
Platform: MultiCharts
Posts: 277 since Nov 2010
Thanks Given: 14
Thanks Received: 29

Thanks,
do you mean futures or forex?


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Last Updated on June 19, 2011


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