[RobGiles]

Will do Maurice, thanks for the heads up. I found that chapter particularly interesting.

[RobGiles]

Thanks Said.
At least trying to write my fist system has highlighted those areas I need a refresher on. I’ve booked in a session with Craig Monday to go through the basic system I’ve put together just to cement a few things in my mind. Unfortunately I’m one of those individuals that learns best by talking things through with a teacher. I’ve put together an action item list of those areas of coding that I need to focus on and I will be doing the revision on those areas this week.

Am busily organising my AFL files so that I have all the various snippets of code ready to deploy when needed. Staying focused on getting the basics down pat can be a challenge for me because my mind never stops thinking about different trading strategies that I want to test out….e.g. Regression Line Crossovers outside a Bollinger Band Low as a MR system is one!!

[RobGiles]

Finished Section #3, now working on building my first system….which means that I have to remember how to code, which in turn reminds me of how far I’ve got to go in that space. So basically I’m doing a heap of coding revision.

[RobGiles]

Thanks for this Maurice….have you ever tested any of these strategies, particularly the “holy grail’?

[RobGiles]

Hi Trent,
That’s fantastic. If the systems are producing good results, surely there’s a business there waiting to be launched trading High Net Worth’s money? Scott’s idea would be worth looking into.

[RobGiles]

this course

[RobGiles]

Mine is ESTJ interesting…. very focused on the corporate world…would be interesting to see if there’s a test for business owners, entrepreneurs.

[RobGiles]

I agree Maurice. I’d also add:
[ul]
[li]Not understanding that traders trade their beliefs about the market
Thinking chart support lines, shapes etc give them some kind of control over the future price action
Not taking the time out at the beginning of the trading day to check in with where you are at emotionally (e.g. are you angry at some external thing / event? May cause you to override your rules / trade irrationally)
Thinking that the entry is the most important aspect to trading
Not understanding that position sizing is one of the most important aspects of trading and a large determinant of whether or not you will reach your trading objectives
Having no objectives
[/li]
[li][/li]
[/ul]

[RobGiles]

I drank a cement milkshake, hardened up a bit and finished the coding section. Now at section #3. Been very helpful having Craig an email / skype call away to ensure understanding from the looping section onwards. I’m effectively at week #4 this Wednesday. Plan from here is to do a thorough revision of the coding notes that I have taken, ensure my code filing is all in the right place, have a skype hookup with Craig to bed down some areas that I still have questions over and start the systems part of the course.

[RobGiles]

because I was looking at this service before I joined this course and it appears very easy to use. Hopefully if I ever get my head around Amiboker coding, I’ll do it that way. Also forgot the Norgate data would have ETFs as well as just stocks.

[RobGiles]

You can run backtests in http://www.etfreplay.com/http://www.etfreplay.com/

The key is selecting which ETF’s to include. I’m still working my way through it.

[RobGiles]

[RobGiles]

mmm that’s weird, I edited my comment last night, but clearly didn’t save. ETF rotational I think it was called.

[RobGiles]

Thanks Maurice & Said

Apologies for repeating your comments, but I’m just going to note a summary of what you’ve kindly shared with me:

PriceAtBuy:
– used in the Looping Code (not used in normal code) to see if you’re in the trade.
– a variable or flag that you can hold a value inside.
– the value per se doesn’t matter other than it needs to be > 1 to indicate that there’s a position on, or 0 if no position.
– no bar reference is given to it as we’re not looking for a bar by bar value, just a constant value until position is exited.

BuyPrice:
– Holds the variable LEPrice and is used to plot the entry price on the chart
– as it is black bold text, it must be a built in identifier (array)??

[RobGiles]

OK so I’m at the end of the section on looping….I feel like I’ve taken a bad trip.

I’m sure it will all make sense with some explanation & guidance.

[Author]

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