I have one thread going for Newb Traders. I thought it might be interesting start another thread for Advanced Traders. Specifically, those AT (Advanced Traders) types that use Digital Trading Systems.
I've been using this system for about 1 month in full-time production level trading so far, after working on it with another Forexfactory member who did an outstanding job on the coding side of the project while I handled the design side. The identity of the Forexforum member will remain undisclosed by me and unless that member decides to make their identity known, it will always remain undisclosed by me.
The System is composed of six custom indicators with each one running in its own System Module. Each custom indicator produces its own independent variable driven output in graphic form on the face of the Panel. Each system module outputs for each of the nine (9) MT4 Time Frames. I have not done any extremely long rang bombing missions with this system that would require extensive hold times like multiple months for a single trade, so I don't run the MN1 Time Frame output for the System. Depending on the type of trading I'm doing at the time, I run anywhere from M1 stand-alone all the way to M1 through W1.
Much like a Swiss Army Knife, I can run different trade types by mixing or combining output from a variety of Time Frames. So, I can run M1 with M15, or M1 with D1, or M5 with H4, or H4 with W1, or any number of available combinations - again - depending on the type and kind of trading I'd like to engage that day or that week. It truly is Swiss Army Knife in the sense that I can focus my trades across a never ending variety of types from Scalp all the way up the timeline ladder to full blown Position trades that some would consider "Investing" given the huge event horizon for expected results (like weeks or months away from the entry).
I've only been live trading with the System for about one (1) full month now. The optimization work took months to complete and that produced several different System Configurations that I use depending on the type of trading I'd like to do. The System Configuration possibilities are endless and the Tuning Process of the various System Configurations is tedious work, but has been well worth the effort.
Right now, I have developed four (4) (what I call) RTT System Configurations that I use for actual live trading:
- Alpha
- Bravo
- Charlie
- Standard (Base Config)
These system configurations are actual MT4 .Set files:
Right now, I'm doing some tuning on the Charlie Config. Charlie Configuration is a blend of faster and slower configurations of various components within the System Modules to produce an overall Panel output that I like to use for short term momentum trading. These could be trades that run for anywhere between 5 minutes up to 1 hour. This is compared to the Alpha Configuration where trades might run for 30 seconds up to 10 or 15 minutes max. The Bravo Configuration produces trades that could be over in 1 hour (in a really good day), but that could also run for 1-2 days on average. So, I can tune the System using different Configurations of its variable inputs to produce a specific trade type. Ok, enough of that dry stuff.
I'm interesting in knowing whether or not some of you true blue Digital Trading System types spend a lot of time tuning your systems and whether or not you find the process intuitive. In other words, can you think ahead of the new configuration you want well enough to tune the System and then actually get the reply from the System that you thought you were going to get when the idea was just in your head.
I find the Tuning aspect of a Digital Trading System to actually be more fun than the research, design and engineering phases. I'm curious as to what you think and which phases of Digital Trading System Development did you find more fun or more interesting. Honest, the Research Phase is a total grind and often times a real pain - almost like suffering for me personally. I don't like it much at all, but I realize how important it is to the overall goal of achieving a functional and efficient Trading System. So, I grin and bear the pure Research Phase. Over the years, it just got more and more tough to do given all the tedium involved.
I found the actual Design Engineering Phase(s) to be more fun than the pure Research Phase(s) because it is a bit more, I don't know, "creative" in some ways. Of course, then there are the Testing & Optimization Phases (which go hand-in-hand). I found that kind of work to be fun as well. But, so far, nothing has been more fun outside of actual trading (which is the funnest of all no doubt) than the tuning the System Configurations. I guess I like that part more than the other creative phases because I get to design specific trade types into the System.
So, for all those hard core Systems Designers out there in Forexfactory land, I'm curious as to what your experience has been in pushing raw ideas into a functioning Digital Trading System. Please feel free to comment on your journey below!
Here's a sneak peak on a "Tune-Up" job that I've begun on the TripleStoch system module:
In this pic, I've isolated the W1 TF. I go into the Module (in this case TripleStoch) and tweak the Indicator's inputs based on the kind of market behavior I want to capture and represent inside the Panel. I pick some of the most difficult market terrain on the chart and some of the smoothest market terrain on the chart, and then try to find a happy medium if such an Indicator configuration exists. I then iterate through this process covering a ton of market segments that contain both difficult to navigate terrain and smooth terrain where predicting market behavior was fairly simple to do without the indicator. I combine the two approaches into a single Indicator Tune and then assert that "Tuning" into the Panel by simply editing the System Configuration .Set file.
One of the reasons I find this part so much fun is that I have actually discovered different types of good trade conditions (set-ups) during this type of Tuning process. So, the processing of market tuning has actually produced some trading ideas that I never knew existed before! Quite fun actually when that happens. It does not happen all the time, but when it does and I run the Panel in Research Mode back through history to verify and confirm the new trade type, it really does put a smile on my face.
I'm curious as to how some of you guys do it.
I've been using this system for about 1 month in full-time production level trading so far, after working on it with another Forexfactory member who did an outstanding job on the coding side of the project while I handled the design side. The identity of the Forexforum member will remain undisclosed by me and unless that member decides to make their identity known, it will always remain undisclosed by me.
The System is composed of six custom indicators with each one running in its own System Module. Each custom indicator produces its own independent variable driven output in graphic form on the face of the Panel. Each system module outputs for each of the nine (9) MT4 Time Frames. I have not done any extremely long rang bombing missions with this system that would require extensive hold times like multiple months for a single trade, so I don't run the MN1 Time Frame output for the System. Depending on the type of trading I'm doing at the time, I run anywhere from M1 stand-alone all the way to M1 through W1.
Much like a Swiss Army Knife, I can run different trade types by mixing or combining output from a variety of Time Frames. So, I can run M1 with M15, or M1 with D1, or M5 with H4, or H4 with W1, or any number of available combinations - again - depending on the type and kind of trading I'd like to engage that day or that week. It truly is Swiss Army Knife in the sense that I can focus my trades across a never ending variety of types from Scalp all the way up the timeline ladder to full blown Position trades that some would consider "Investing" given the huge event horizon for expected results (like weeks or months away from the entry).
I've only been live trading with the System for about one (1) full month now. The optimization work took months to complete and that produced several different System Configurations that I use depending on the type of trading I'd like to do. The System Configuration possibilities are endless and the Tuning Process of the various System Configurations is tedious work, but has been well worth the effort.
Right now, I have developed four (4) (what I call) RTT System Configurations that I use for actual live trading:
- Alpha
- Bravo
- Charlie
- Standard (Base Config)
These system configurations are actual MT4 .Set files:
Attached Image
Right now, I'm doing some tuning on the Charlie Config. Charlie Configuration is a blend of faster and slower configurations of various components within the System Modules to produce an overall Panel output that I like to use for short term momentum trading. These could be trades that run for anywhere between 5 minutes up to 1 hour. This is compared to the Alpha Configuration where trades might run for 30 seconds up to 10 or 15 minutes max. The Bravo Configuration produces trades that could be over in 1 hour (in a really good day), but that could also run for 1-2 days on average. So, I can tune the System using different Configurations of its variable inputs to produce a specific trade type. Ok, enough of that dry stuff.
I'm interesting in knowing whether or not some of you true blue Digital Trading System types spend a lot of time tuning your systems and whether or not you find the process intuitive. In other words, can you think ahead of the new configuration you want well enough to tune the System and then actually get the reply from the System that you thought you were going to get when the idea was just in your head.
I find the Tuning aspect of a Digital Trading System to actually be more fun than the research, design and engineering phases. I'm curious as to what you think and which phases of Digital Trading System Development did you find more fun or more interesting. Honest, the Research Phase is a total grind and often times a real pain - almost like suffering for me personally. I don't like it much at all, but I realize how important it is to the overall goal of achieving a functional and efficient Trading System. So, I grin and bear the pure Research Phase. Over the years, it just got more and more tough to do given all the tedium involved.
I found the actual Design Engineering Phase(s) to be more fun than the pure Research Phase(s) because it is a bit more, I don't know, "creative" in some ways. Of course, then there are the Testing & Optimization Phases (which go hand-in-hand). I found that kind of work to be fun as well. But, so far, nothing has been more fun outside of actual trading (which is the funnest of all no doubt) than the tuning the System Configurations. I guess I like that part more than the other creative phases because I get to design specific trade types into the System.
So, for all those hard core Systems Designers out there in Forexfactory land, I'm curious as to what your experience has been in pushing raw ideas into a functioning Digital Trading System. Please feel free to comment on your journey below!

Here's a sneak peak on a "Tune-Up" job that I've begun on the TripleStoch system module:
In this pic, I've isolated the W1 TF. I go into the Module (in this case TripleStoch) and tweak the Indicator's inputs based on the kind of market behavior I want to capture and represent inside the Panel. I pick some of the most difficult market terrain on the chart and some of the smoothest market terrain on the chart, and then try to find a happy medium if such an Indicator configuration exists. I then iterate through this process covering a ton of market segments that contain both difficult to navigate terrain and smooth terrain where predicting market behavior was fairly simple to do without the indicator. I combine the two approaches into a single Indicator Tune and then assert that "Tuning" into the Panel by simply editing the System Configuration .Set file.
One of the reasons I find this part so much fun is that I have actually discovered different types of good trade conditions (set-ups) during this type of Tuning process. So, the processing of market tuning has actually produced some trading ideas that I never knew existed before! Quite fun actually when that happens. It does not happen all the time, but when it does and I run the Panel in Research Mode back through history to verify and confirm the new trade type, it really does put a smile on my face.
I'm curious as to how some of you guys do it.