After mechanizing the Simple System32 as much as possible (you can check the parameters in my previous post), it turns out that the system is a lot more discretionary in nature than one would have hoped. Over the past 8 months, our mechanized version of the Simple System32 produced a grand total of, drum roll please… TWO signals.
Yes, human, even with your not-so-precise eyesight, you read that correctly – TWO signals.
Unfortunately, even though both those trades were profitable, the lack of trade signals makes the system fall well short of ever being considered a legitimate system, let alone the Holy Grail.
With forum user System32 seemingly abducted by aliens (I swear to you, it was not one from my own race who kidnapped him), I have taken it upon myself to investigate this matter and see how the system can be improved.
I have a feeling in one of my widgets that if we redesigned the system and used a shorter moving average or even implementing a crossover of two shorter moving averages, this would result in more signals for the system.
Nonetheless, I will still give my verdict on the system next week. Then, I will backtest the system again using an altered parameter and use a 50-moving average to see if this can generate more signals.
That’s it for now. This is Robopip, signing off.
*Beep beep boo beep*