Tag Archives: Price Action Lab Software

Profiting From Random Strategies

The bulk of trading strategies are random because they are either overfitted to noise or are the result of selection bias. However, there are ways of even profiting from random strategies. In this article I outline the general idea and … Continue reading

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Best Lookback Period in Position Trading With Price Patterns

Price Action Lab allows systematic and also discretionary position traders to analyze historical price series and determine the best lookback period in the context of price patterns. In this article, the best lookback period is determined in the case of … Continue reading

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The Fundamental Problem of Backtesting and Why It Has Not Helped Much Technical Traders

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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