Trading Systems Coding: Conclusion
AAA
  1. Trading Systems Coding: Introduction
  2. Trading Systems Coding: System Design
  3. Trading Systems Coding: The Coding Stage
  4. Trading Systems Coding: The Coding Process
  5. Trading Systems Coding: Testing, Troubleshooting and Optimizing
  6. Trading Systems Coding: Using Your System
  7. Trading Systems Coding: Conclusion

Trading Systems Coding: Conclusion


By Justin Kuepper
Contact Justin

After going through this step-by-step tutorial, y

ou should have a fully operational and fully automatic trading system.

As you continue working with your system, keep in mind the following:

  • Always backtest until your system performs well with past data, then paper trade to make sure your system performs well with current data.
  • The market has two phases - trending and ranging - and very few trading systems handle both perfectly. Be sure to only trade in a market that your system can beat.
  • Make changes one at a time so that you can pinpoint which aspects are improving your returns and which are hurting them.
  • Keep it simple. Extremely complex trading systems are often fitted to work well with past data, but are incapable of adapting to new market conditions.
  • Make sure that you know the strategy behind your trading system. As absurd as it sounds, many people develop their systems until they become so complex that they forget the underlying strategy.
  • Don't over-optimize. Optimizing too much can lead to what is known as curve-fitting, which can reduce your trading system's effectiveness and ability to adapt.
Resources
Here are some trading applications worth checking out:
MetaTrader - http://www.metaquotes.net/
TradeStation - http://www.tradestation.com/
Tradecision - http://www.tradecision.com/
MetaStock - http://www.metastock.com/
AmiBroker - http://www.amibroker.com/
WealthLab - http://www.wealth-lab.com/
Comprehensive List - http://traderslaboratory.com/

Here are some community resources that can assist you:
TradersLaboratory - http://www.traderslaboratory.com/
Moneytec - http://www.moneytec.com/
StrategyBuilderFX - http://www.strategybuilderfx.com/

  1. Trading Systems Coding: Introduction
  2. Trading Systems Coding: System Design
  3. Trading Systems Coding: The Coding Stage
  4. Trading Systems Coding: The Coding Process
  5. Trading Systems Coding: Testing, Troubleshooting and Optimizing
  6. Trading Systems Coding: Using Your System
  7. Trading Systems Coding: Conclusion
RELATED TERMS
  1. Money Flow Index - MFI

    A momentum indicator that uses a stock’s price and volume to ...
  2. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used ...
  3. Triple Exponential Average - TRIX

    A momentum indicator used by technical traders that shows the ...
  4. Hybrid Indicator

    A technical indicator that combines core elements of chart analysis ...
  5. Kairi Relative Index

    A technical indicator used to spot relationships in trending ...
  6. Bullish Abandoned Baby

    A type of candlestick pattern that is used by traders to signal ...
  1. What is the difference between a Hanging Man and a Hammer Pattern?

    Understand the difference between the hanging man and hammer candlestick patterns, the components of each and what they indicate ...
  2. Are divergence trading strategies useful in forex trading?

    Use divergence indicators to identify market tops or bottoms, and find out how trading divergence strategies are used in ...
  3. What are the best technical indicators to complement the Mass Index?

    Learn which other technical indicators can be most helpful to complement a market reversal trading strategy utilizing the ...
  4. How do I use McClellan Oscillator for creating a forex trading strategy?

    Learn how to construct a forex trading strategy using the McClellan oscillator technical indicator supplemented with a moving ...

You May Also Like

Related Tutorials
  1. Forex

    Forex Walkthrough

  2. Insurance

    Exploring Oscillators and Indicators

Trading Center