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Owned by Joey

AlgoForge

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Professional algorithm development for NinjaTrader 8 & TradeStation. Hedge fund quality trading software at retail prices. Join serious traders.

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28 contributions to 5-Minute Futures
What makes a good noise test?
Hey @Kevin Gong . Just doing some strategy building right now. I know before you mentioned you like the noise test to be right around the mid-point for a "PASS" in your book. What does a noise test like this tell you? Is it really bad?
What makes a good noise test?
1 like β€’ Aug 18
@Kevin Gong hmm. Well a lot of my NQ strategies David built for me are TSL only?
1 like β€’ Aug 18
@Kevin Gong gotcha, so your saying you would have to put it in TS to see if it’s actually working ?
Build Alpha Questions
Hey @Kevin Gong! Just some questions regarding Build Alpha, how you rank your strategies, and if you had a checklist, how it would go! This is what I mean by checklist in my head, kind of some sort of scoring metrics from "Most Important" to "Least Important". πŸ“Š CORE SCORING (0–100) β€” unchanged backbone 1) P&L / Drawdown Ratio β€” 25 <5 β†’ 0 | 5–9.9 β†’ 10 | 10–14.9 β†’ 20 | β‰₯15 β†’ 25 2) Average Trade (Net P&L Γ· Trades) β€” 15 <$50 β†’ 0 | $50–99 β†’ 8 | $100–149 β†’ 12 | β‰₯$150 β†’ 15 3) Trade Count β€” 10 <400 β†’ 0 | 400–665 β†’ 5 | β‰₯666 β†’ 10 4) Monte Carlo Positioning β€” 20 Top quadrant (blue > most sims) β†’ 0 Mid (~50th pct) β†’ 10 Lower 50% β†’ 20 5) Liquidity Test β€” 15 Liquidity lines < blue β†’ 0 | Mixed β†’ 7 | All > blue β†’ 15 6) Noise Test β€” 10 Any flat/negative β†’ 0 | All +, blue far above β†’ 5 | All +, blue modestly inside cluster β†’ 10 7) Variance Test β€” 5 Wide w/ negatives β†’ 0 | Wide mostly + β†’ 3 | Tight, no negatives β†’ 5 8) Other Factors β€” 0 (Win %, Meta Systems, Slippage excluded from core; discuss qualitatively) βž• BONUS CONFIRMATION (+0–10) β€” show separately - Sharpe β‰₯1.5 β†’ +3 | 1.2–1.49 β†’ +2 | 1.0–1.19 β†’ +1 - Profit Factor β‰₯2.0 β†’ +3 | 1.7–1.99 β†’ +2 | 1.5–1.69 β†’ +1 - E-Ratio β‰₯1.3 β†’ +2 | 1.1–1.29 β†’ +1 - Equity Curve Consistency (smooth slope, distributed profits) β†’ +2 (minor lumpiness +1) Report core /100 and bonus /10 separately. Max total = 110. 🎯 SCORE INTERPRETATION (CORE ONLY) 90–100 Hedge Fund Ready | 75–89 Strong Candidate | 60–74 Decent but Risky | <60 Not Deployable
FREE copy of Hormozi's new book ($100M Money Models)
I have 199 FREE QR codes to give away for Hormozi's new Money Models book, so if you need one comment below "Me" and I'll DM it to you. Prioritizing clients first, first come first serve for all members of 5-Min Futures! Happy Money Models Launch Day & Birthday Weekend to Alex Hormozi :) P.S. Free Money Models Audiobook here PSS. Free Money Models Course here πŸ‘‰(must own a skool community 1st)
FREE copy of Hormozi's new book ($100M Money Models)
1 like β€’ Aug 16
Me!
NQ 60m Algo I Built Today
Been really trying to fine tune my Algo Building skills these last 2 weeks. Here is something I cooked up today, I think its pretty good. Would rate it about 90/100 (100 being perfect). Multiple pictures here over analysis, just scroll to the right to check it out! @Kevin Gong
NQ 60m Algo I Built Today
1 like β€’ Aug 16
@Kevin Gong Do you ever look at the randomized & Permutated Monte Carlo, or really just Original?
1 like β€’ Aug 16
@Kevin Gong So you do look at randomized though? And you still want that on the lower quadrant?
Futures Data for BA
Google Drive Folder for Futures Data For BA you will need TS data if you want to test anything below daily bars. Here's a gdrive containing futures market data for: - 5min - 15min - 30min - 60min - 1440min (equivalent of daily bars but with accurate holiday data) Futures Markets: - AD - BO - BP - BTC - C - CD - CL - EC - EMD - ES - ETH - FC - FV - GC - HG - HO - JY - KW - LC - LH - MP1 - NE1 - NG - NK - NQ - O - PL - RR - RTY - S - SF - SI - SM - TU - TY - US - VIXX - W - YM
1 like β€’ Aug 14
πŸ™
1-10 of 28
Joey Wachter
4
61points to level up
@joey-wachter-6907
Joey, Owner of Timeless Trading LLC, Automated Trading Group

Active 7d ago
Joined Dec 4, 2024
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