Ok, followed your advice to obtain limited success but don’t know if it is adequate. I will present my findings. I used the Reactor with Monte Carlo validation. Details as under:
Data Source: FS DukasCopy; USDJPY; M15; 200k bars; Did not use date. Strategy properties: SL – always use; fixed or trailing; Min pips 10 – Max pips 100; TP – Always use; Min 10; Max 100 pips;
Generator setting – 600 mins; search best – Net Balance; OOs 20%; Common Acceptance Criteria – Min Net profit – 10; Min count of trade – 500; Min profit factor – 1.2; In sample (training) min profit factor of 1.1; OOS (trading) 1.1;
Optimizing strategy – None. Perform Robustness testing – Monte Carlo validation.
Collection – No performance filters; Only ticked resolve correlation automatically.
Tools – General Settings – ticked both start backtest from 100 bars and close the position at the end of the back test.
Correlation Analysis threshold at 0.98; and ticked both detect balance lines correlation and detect strategies with similar trading rules.
Settings – Account currency USD; Initial Amount – USD 3k; Leverage 1/200; Trading session – everything is at 00:00 to 24:00 and do not trade on Sunday; ( just for info – my broker does not trade on saturday either);Back test output metrics – Net profit; Profit factor; R-squared; Max stagnation and count of trades;
Data horizon – Max data bars – 200k; Min data bars – 0.3k; No dates were used
The outcome is – Generated 91,643 strategies; Passed validation – 3 (0.00%); Monte Carlo validation – Calculated strategies 3(60); Passed validation 2 (66.67%). Please advice if these results are in keeping with what is to be expected? Personally I feel they are too less. Leave me with very little scope to even have a portfolio! What I observe from Petko’s training videos is that always lot more strategies are generated. I don’t know what mistake I am doing anymore! Clearly something is amiss, or so I think! While my patience is tested, I do believe am doing something wrong – hoping someone will guide me through as patiently :-)