Forex System Design

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System design is a field on its own. In this section, we cover basic and advanced topics to the design of trading systems. What is a system, how it differs from a strategy, Entries, filters, exits, statistical validation of a trading system. Main parameters, system optimization, backtesting, forward testing, what to expect of a system based on its statistical parameters. System analysis of live trading systems.

Trading Algorithms IX – RSI Failures System

Trading the naked RSI system depicted in this series's previous video as an overbought/oversold signal generator is too risky, and its long-term results questionable. The system is profitable only in sideways movements. Thus, a trending filter or a detrending step will be needed to avoid the numerous fake signals.

Trading System design -Creating Your Strategy with Tradingview’s Pine Script –...

In part 1 of this article series, we have created the Stochastic RSI indicator as part of our idea for a scalping strategy. Now that we have it functional, we will make the bull/bear phases and visually inspect whether it captures the turning market's turning points.

Trading System design -Creating Your Strategy with Tradingview’s Pine Script –...

As promised, in this article, we will go through the steps to create a custom strategy, from the initial idea to the implementation of signals, stops, and targets.

Trading System design – A Summary of your Best Options to...

In our latest article, we have seen that manually backtesting our strategy is cumbersome if performed correctly. Also, It is usually subjected to errors and the interpretation of the trader. Therefore, a basic knowledge of trading algorithm development and computer coding is a desirable task for any trader. The good news is, nowadays, there are many easy ways to do it since high-level languages are very close to natural language.

Trading System design – Manual Backtesting your Trade Idea

Trading System design - Manual Backtesting your Trade Idea

Trading System design – The pathway to Success

This article outlines the steps needed to find, create, test, and verify a trading system. We have to bear in mind that there is no way to create a forex trading system with an equity curve straight upward. Well, yes, it can be made. I've made it, but only optimizing it so much that expecting it to continue performing like this under real trading would be silly. Most trading bots advertise curves like this. If you believe them, your money will be in jeopardy.

Trading System design – Basic Concepts

In previous articles, we explained the importance of a plan to succeed in Forex and described its general features. In this article, we will describe the concepts that need to be considered when designing a trading system.

Building a Trading System: Elements of a Trading Plan

Now that we know the importance of having a plan, let's discuss the necessary components of a trading plan.

Building a Trading System: Why do you need a trading plan?

The necessity of a trading system has been discussed many times. Still,  new traders don't consider it important when, in fact, it is a crucial element.  Could you conceive building a bridge without a project, playing tennis, or chess, with no strategy?

Designing a Trading Strategy – Part 5

Introduction

Designing a Trading Strategy – Part 4

Introduction

Designing a Trading Strategy – Part 3

Introduction