How Do You Monitor Your Automation Success?

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novicestakes
Posts: 26
Joined: Tue Feb 02, 2016 7:50 am

Pretty much as above...

Im still fairly new to all of this, and have a couple of automated trials running in practice mode.Both have win rates of around 80-90%. some days though, its just a bad day and a loss is made...

So far, Im logging my profit/loss to look for trends or issues with the automation. but Im not finding any golden answer to either success or failure of an automation trial.

So, how do you trial yours? - How do you rate your systems/ideas?

Clearly money in the bank is one... but win rates/profit rates etc need to be looked at.

Any feedback, thoughts or advice is welcome.
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Euler
Posts: 26252
Joined: Wed Nov 10, 2010 1:39 pm

There are only a finite amount of variables in a market and in automation. So I run a blind test with a strategy first, then alter the strategy, then alter the markets it is applied too.

Out of that you will immediate start to see a pattern and then be able to refine your automation.
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