Category Archives: Trading System Design

Software for Quantitative Systematic and Discretionary Trading

Trying to discover an edge by randomly backtesting ideas is equivalent to looking for a needle in a haystack. More than 25 years have passed since backtesting software became available to retail traders and the difficulty in finding an edge persists … Continue reading

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Price Action Lab v6.0

The release of Price Action Lab v6.0 was announced on February 3, 2014. The new version of this quantitative trading tool includes a comprehensive update and useful features, like a randomization tool and price series statistics. Share

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Release of Price Action Lab v6.0

We are pleased to announce the release of version 6.0 of Price Action Lab.  This new version offers the most comprehensive update to the software since first released. Share

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Analysis of the Timing Ability of a Machine Designed Trading System

The timing ability of a machine designed trading system for SPY is analyzed using random data.  The performance of a system designed on random data is compared to that of a system designed using actual data. The hypothesis that the system that … Continue reading

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Performance of a Machine Designed System For Trading GBPUSD

A GBPUSD position trading system was machined designed by Price Action Lab on June 5, 2012 and the results were published in this blog the following day. In this post it is shown that the system has returned 14% year-to-date so far, based … Continue reading

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PSI – The Probability State Indicator

A few days ago I was reading one of my old graduate texts on probability theory and noticed a section that I have forgot all about, or to be more precise, I did not pay attention to it at that time … Continue reading

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Quant Trading Software For Systematic and Discretionary Traders

Price Action Lab (PAL) is a software program that is used by quantitative traders and hedge funds around the world for algo discovery and discretionary trading. In this article the main features of PAL are presented. Some links to useful articles about trading are also included. Share

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TFadapt System Performance in SPY and QQQ in the period 2000 to 2012

Historical performance results of the TFadapt system for SPY and QQQ are presented. Without any system parameter adjustments, a decrease in drawdown levels and an increase in compound annual returns are obtained as compared to buy and hold. The result is a … Continue reading

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