DislikedI want to summarize some of the offers currently available in the market to see if anyone has any opinions or experiences with them. These are the packages that I am currently aware of that can do automatic system generation (I am only mentioning them, I have no link or commercial ties to any of them): Adaptrade (1495 USD) Strategyquant (1490 USD) PriceActionLab (1500 USD) pKantu (291 USD)...Ignored
But the out of sample results looks too good compare to Chaos Hunter.I think jonathan kinlay correctly points out the main weaknesses of this software ':
Products like Adaptrade make it too easy for the system designer to cheat, by looking at the recent performance of his trading system out of sample and selecting models that do well in that period. But the very process of examining OOS performance introduces bias into the system.
It would be like adding a line of code saying something like: IF (model performance in OOS period > x) do the following.
I am quite sure if I posted a strategy with a line of code like that in it, it would immediately be shot down as being blatantly biased, and quite rightly so.
http://jonathankinlay.com/index.php/...utionary-tale/
