Benefits

Benefits are endless.
1st Level Benefits. Strategy

As you communicate me (via e-mail) your strategy you discover by yourself all the tiny details that do matter but in your everyday trading life do not pay attention to. After compiling your e-mail, you may even come to the conclusion that it is the first time that you have written down all the details of your trading strategy, all the rules you follow and all the conditions under which you stop following those rules. In fact, you may even conclude that before writing down your mail towards me, you had not finalized a strategy and that you were consistently making exceptions.

Finalization of your own strategy is the first benefit. My help is zero at this stage. After all you have not yet send me this e-mail…

2nd Level Benefit. Robot

Your strategy is converted into a trading robot. (MetaQuote Language calls trading robots Expert Advisors) Your ideas, your rules, the patterns that you are searching for are converted into a robot. Your robot.

Leaving to a robot do all the price watching and all your every day calculations is your second benefit. My help at this stage has two steps. First I code/build your robot, secondly I teach you how to use it.

2nd Level Benefit. Fine Tuning

Since you have a robot that does the job and you do the thinking, you may fine tune your ideas/rules. You get the chance of committing  back testing with your robot. For example, you get a 20% return on your investment with 10% maximum drawdown when you test your robot for the last year and your strategy uses an RSI 14 on close price. With your robot you may see what would be your return and maximum drawdown when you use an RSI 13 on typical price.

My help at this stage is to teach you how to backtest and fine tune your robot.

3rd Level Benefit. Awareness

Having fine-tuned your robot/strategy you gain awareness of it’s statistics. Having committed backtesting and fine tuning, you come to know what is the maximum number of losing trades in a row your robot performs, what is the average number of losing trades in a row, what is the maximum drawdown. Being aware of these figures makes you emotionally prepared to be cool when you are experiencing loses within your statistics, and be confident and decisive when you experiencing loses that are significantly different from the backtest.

My help at this stage is to help you understand if the results you are getting are indeed significantly different from the statistics of the backtest.