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Anyone tried Edgeful?


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  #11 (permalink)
 COoneguy 
Porto Portugal
 
Experience: Intermediate
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mediaboy View Post
Thank you for sharing. This looks to be an excellent resource. So far i like the intraday timing report. It confirmed what i was noticing already. I use to trade the London session, the data is showing that session not the opportunity it once was. Very nice reports...

I've had some learnings around session ranges, as well. Just as interesting to me as confirmation of the things I THOUGHT were true, are the things I thought were true that the data says are not.....both very helpful.

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  #12 (permalink)
 
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 Analytic 
New York NY/United States
 
Experience: Advanced
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This looks like a nice service. If you could download 20 years of data you may be able to remove a lot of overfitting and get some real robust probability numbers. It's worth a trial IMO.

The numbers tell the story.
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  #13 (permalink)
 
Analytic's Avatar
 Analytic 
New York NY/United States
 
Experience: Advanced
Platform: Multicharts, TS, TOS
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I have been evaluating the Edgeful starter package for a few days. Here are my notes so far....

Edgeful has some insightful stats that you can use as a basic framework for finding trading setups.
----------
Using Edgeful to solve the 2 barrier problem:
[Price Target]
1) Gap Fill Probabilities: Price Target Probabilities
[Stop]
2) ORB : Opening Range Breakout: Gives probability of a stop out for a certain R level.
[Time Duration]
3) Intraday Timing: The time periods during the daily session that give the biggest returns.
--------------------------------------
[Swing Reversal Setup]
1) Green and Red Streaks: Swing Reversal Trade Setup Probability
2) Engulfing Candles: Daily Trend Reversal with Daily bearish engulfing pattern
---------------------------------------
[Find Breakout Trading Setup]
- Green and Red days by Weekday and Performance Weekday : Helps find high probability T+ and T- days
[Macro Trade Setup]
- FOMC Performance: Fed Macro Trading Return Prediction and Benchmark.
[Seasonality Trade]
- Performance Trends: For Seasonality Trades
[Intraday Reversal Trade Setup]
1) Pre-Market Range Correlation: Predict the Daily RTH Session Price Range
2) Intraday Range Window: Intraday Reversal Probability

Some problems with the Edgeful starter package :

1) Too small a sample space to remove most of the overfitting problem. 5 years of daily data will yield hundreds of samples not thousands.
2) No way to remove confounders from the data set. Confounders include autocorrelation, extreme outliers, special macro events, colliders, mediators
3) No custom studies/reports. No way to add additional filters to a study/report.
4) No way to change the bar type or bar time interval.

The numbers tell the story.
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  #14 (permalink)
 
Analytic's Avatar
 Analytic 
New York NY/United States
 
Experience: Advanced
Platform: Multicharts, TS, TOS
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Posts: 238 since Dec 2013
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There is a technical problem with the Edgeful app where sometimes the data fails to be retrieved from the Database.



The numbers tell the story.
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  #15 (permalink)
 
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 xplorer 
London UK
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