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Strategy Development Based on Short-Term Price Action Anomalies

DLPAL S was designed for trading strategy developers that follow systematic signals and it is easy to use. No programming is necessary. DLPAL S generates code for strategies and systems of strategies.

DLPAL S identifies parameter-less strategies in historical price data that fulfill user-defined performance statistics and risk/reward parameters. These strategies are also known as price patterns, or price action anomalies. The program uses primitive attributes of price action, and specifically the open, high, low, and close, to extract feature types in an unsupervised learning mode based on general feature clusters. Then, the program uses the extracted features in supervised learning mode to identify strategies and systems of strategies that fulfill the user objectives. Both long and short strategies are identified for one security at a time. The program can also identify strategies that work across a universe of securities. The results usually offer a good mix of momentum and mean-reversion strategies in the timeframe of interest.

DLPAL S generates code for strategies and systems for the Quantopian platform, Tradestation (EasyLanguage), Multicharts (EasyLanguage), NinjaTrader (7 and 8), and Amibroker AFL. Several validation methods are available for testing the significance of the results.

In the daily timeframe, the system tracking module of the program can be used to monitor the signal generation of the strategies and systems going forward in time and as new data are available.

DLPAL S does not require any programming. The program will output signals and write code you can immediately use in the analysis. Save time from programming and concentrate on your trading.

DLPAL S is a quantitative analysis tool. DLPAL S will not find strategies that work in all markets especially if the markets are efficient and price action is dominated by noise. DLPAL S will not create final systems for auto trading. The user of the software has to put in the work necessary for developing a final trading system according to desired criteria and risk/reward objectives. Trading strategy development is difficult and time-consuming, and success is not guaranteed.

Note: DLPAL S is no longer updated and the last stable version is available.

DLPAL S manual docs

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