In this post, I will like to start by how my week goes. So this week, I haven't achieve major thing that I like to brag. 😃 I have finally get past the conceptualization phase of Build your strategy and optimized parameter for each trading strategy. So here what I think of doing next for Mr. Market
Pausing build your strategy : In this week, I have realized that I was on to many project hopping. So preserving my deepwork hours, I have categorized the task that I will be involve in next 3 4 month. Conceptualization of build your strategy is near to complete. When I think of time and resource it will take to build be more time than I can handle off my spare time. So I will pause this feature for now. I will add one post related to what this feature is and how trader can get benefit from this. I think this feature is one key mvp.
Optimize parameters : This week we have conceptualize and develop this feature. This feature is about backtest summary where each strategy has it own parameter. In technical chart pattern those were set in trading view. In this feature what we are planning to do is:
test each stock with all the listed strategy with variety of parameters. not that this parameters are just for testing purpose. Based on those parameter we will be finding optimize one.
It is subjective nature of market that we cannot get holy grail of trading strategy and earn on each trade and chill in some where bali. never have to work in your life. But back to present, We are adding criteria one dimension criteria for now, On the basis of Profit/ProfitLoss/GrossReturn criteria (one of them only), we will choose one optimize parameter for each interval (day,week,month,year).
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I think optimize parameter is one key point where we can imagine this system going more over to algo trading. In the end of the day, What i have learn from market, life and analyzing this strategy is that, Each strategy is like a discipline. It will be your trading assistance where you can give 1 hr studying the market and it will provide current techical strategy for that stock. How it is performing. If you plan to go with that strategy we have to follow the rule that are set in those startegy. If you follow those, You can expect the return of 91% over the time see demo image for more.
So overnight success is hoax.
