Mark Holstius Elite    Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL  User Profile | The software is amazing! I know there are little things everyone would like to see tweaked - but as we say: “step back and squint” for a while… It runs on Nirvana’s servers and reliably trades using a specific set of rules, not my feelings. It lets me test and refine conditions that generate statistically successful trades over a number of years and market cycles - and then automatically does the trading for me. Using my “Follow the Money” portfolio as an example; over the past 8 trading days it automatically; 1) Opened and Closed 13 trades 2) Is monitoring the progress of 37 trades currently open 3) Opened an additional 16 trades this morning 4) Closed 13 trades this morning All that while eliminating the most dangerous part of my trading: feelings and discretion - the part of me that’s perfected buying high and selling low over the years. I point out all this because I’m even more enthusiastic about the new ATM system after testing it for the past 2 weeks. I’ll admit I was a bit skeptical at first, thinking it might just be a refined method to curve fit the data. It’s proven to be MUCH more than that! It doesn’t just help us construct nice looking equity curves by changing various settings… It allows us to see the what, when, and why of those changes. That’s a HUGE difference - and unique among the trading software that’s on the market. And no, I’m not on the sales staff at Nirvana - I’m just an OCD guy when it comes to numbers and charts, and I appreciate what ATM does. Enough of my rambling and on to the reason for this post… As we all know, it takes a lot of work and testing to develop successful trading systems. While Nirvana’s given us an amazing set of tools and basic setups for using them, refining everything simply takes time and effort - and everyone doesn’t share my interest in doing all that. In addition, I share the frustration that comes when reading posts that show great equity curves with no explanations or details. So - if you’ve purchased ATM, or are thinking about it, what follows are all the details of what I’ve found to work in the past few weeks to improve my results with ATM. 1) Stock Lists A) To obtain my smaller list containing 300 stocks; Either set up Omniscan in OT as follows; Or simply download the attached file “300 High Money Flow Stocks.csv” and import it into your profile. B) To obtain my really large list for extensive testing (3,779 stocks); Either set up Omniscan in OT as follows; Or simply download the attached file “3779 Optionable Stocks.csv” and import it into your profile. FWIW: if you run the To Do List in OT using this large list along with the strategies I use, expect it to take some time (hours?) to complete. 2) Strategies I’ve developed a method for choosing strategies based on performance that’s extremely labor intensive at this point. I’ve shared the process with Ed - and Nirvana may automate some or all of it - but for now I’ll simply share the strategies that I currently use in my methods; 3) Methods Market States: Raging Bull: VTY_PRICE(30,10) < .007 (same as Nirvana Universal) Bear Market: C < SMA(100) OR C < SMA(200) (added “C < SMA(100) OR” to Nirvana Universal) Default: Nothing (same as Nirvana Universal) Filtering: None Trade Ranking: VTY_PRICE(10,5), Descending for all 3 market states both Long and Short, with Default Weight of 100 Allocation: 4 Long Trades Allowed 4 Short Trades Allowed 4% Of Equity I believe I’ve made progress in the 2 weeks ATM has been out, but it has a LOT of capabilities I haven’t even touched yet. I haven’t used ANY of the optimization possibilities, filtering, or added more market states. My settings are simply based on reasonable expectations for what I think should work, and not tweaked to produce an optimal curve. I hope that exposing / sharing all this will give us a “baseline” to work from, raise the confidence level for anyone vacillating about buying or experimenting with ATM, and stimulate a spirit of collaboration. If you find something that improves the results, please share it with us. ATM is a truly amazing tool… I hope we can work together to maximize its potential. Mark P.S. The next post steps through the range of results I’ve obtained. You should be able to duplicate those results by using these settings. [Edited by Mark Holstius on 2/2/2018 5:17 PM]  Attached file : 00 Medium Omniscan.jpg (64KB - 5862 downloads) Attached file : 01 Extensive Omniscan.jpg (131KB - 2014 downloads) Attached file : 300 High Money Flow Stocks.csv (1KB - 398 downloads) Attached file : 3779 Optionable Stocks.csv (20KB - 374 downloads) Attached file : 02 Method Strategies.jpg (90KB - 2021 downloads) |
