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Barbecue
2015-10-03 10:56:36
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Although I did buy the software initially as a backtester with support for my country's market, little by little I'm starting to use more features. I realize the potential of the AI tools for instance, but one thing that happens is that besides the informative articles and some forum posts on how to set parameters, I don't get a real understanding of what I'm really doing in many cases and the real potential and most productive steps in constructing systems.
I've started reading books on systems trading like "The evaluation and optimization of trading strategies" by Robert Pardo, "Evidence-Based Technical analysis" by David Aronson, "Smarter trading" by Perry Kaufman, along with classics like the Market Wizards series books, many Van Tharp books, Alexander Elder's "New trading for a living", among others.
Some of these books illustrate features available in this powerful software. But what I'm actually suggesting is that you create an article with a specific list of books recommended by you that illustrate the usage of specific parts of the software. For instance, if I really want to understand GA, PBIL and the areas covered by the softare, trading systems, rules, etc, what specific book or books do you recommend ?
The same for each section. These are pretty deep areas covered by the software and I'm guessing that a lot of thought went into developing them. So, what would be the suggested library to really get a grasp of each section ? So then I really get a clear idea of what parameters to touch to get closer to a desired answer.
Also, maybe in a separate article, it would be great to see a suggested guide that hints what would be the most reasonable steps to follow in the construction of systems. With the little knowledge I have, I started straight with trading systems. But should I start with analyzing rules ? Why ? If I build a system, should I first concentrate in just buy and sell rules with no stops, no ranking, no money management ? Should each piece be added incrementally to evaluate results ? Should each piece be tested individually and is there a way to do so ?
Again, if there's a book or books that answer these questions, pleases include it.
Please let me know if you need further input.
Thank you !
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