Superalgos - Tutorial Step - Predictions and Testing

Tutorial Step - Predictions and Testing

Summary: It's not like we're trying to divine the future and will get graded on our accuracy! The prediction is more like an expectation!

Prediction: We expect either of these ideas to trade at least twice per month, with a 50% hit ratio.

Testing: For uptrends, we will set these targets: stop loss at 3% and take profit at 5%. For downtrends we should be more optimistic as the strategy aims to capture big market moves: we will set a 3% stop loss and 10% take profit targets.

Note: Remember! This doesn't mean that is how we would manage the positions! It's just to evaluate the entry points!

Defining a Trading Idea — TOC

You just did step 29 in the tutorial.

1. Defining a Trading Idea Tutorial

2. Tutorial - Defining a Trading Idea

3. Tutorial Step - Before we start...

4. Tutorial Step - Ready to Mine..?

5. Tutorial Step - Let's Mine Some Data..!

6. Tutorial Step - Why Test Trading Ideas..?

7. Tutorial Step - The Trading Process

8. Tutorial Step - The Appropriate Context

9. Tutorial Step - The Entry Rules

10. Tutorial Step - The Prediction

11. Tutorial Step - The Testing Mechanism

12. Tutorial Step - Let's Go On a Field Trip!

13. Tutorial Step - Are We Up to Date..?

14. Tutorial Step - BB On the Charts!

15. Tutorial Step - Bollinger Bands Rules

16. Tutorial Step - Can You Think of Any Ideas?

17. Tutorial Step - Breakdown of the BBs

18. Tutorial Step - What Else is Going On?

19. Tutorial Step - Let's Zoom Out!

20. Tutorial Step - The Big Picture!

21. Tutorial Step - What Do We Make of This?

22. Tutorial Step - Look to Your Left!

23. Tutorial Step - Wouldn't It Be Nice?

24. Tutorial Step - March 7th to March 12th

25. Tutorial Step - We've got Two Hypotheses!

26. Tutorial Step - What Is Missing?

27. Tutorial Step - Let's Define the First Two!

28. Tutorial Step - Entry Rules

29. Tutorial Step - Predictions and Testing

30. Tutorial Step - Et Voilà..!

31. Tutorial Step - Ready For The Next One..?

Superalgos is an open-source project run and governed by a decentralized community of contributors. There is no legal entity behind the project. Our body of work lives on the Internet.