MicroTrends Algorithmic Trading Systems are best used with simple systematic trading Methodologies which enforce a trader to use statistical evidence not emotions and recency bias/ fear and greed to guide trading. Using a 3 Tiered Approach for fully Auto trading and semi auto trading, with mixture of hypothetical, sim and real-time live trading.
There is no need to go in circles and lose track and keep information in your brain, instead slow down a bit and get a routine and approach that allows any system any platform to be listed, tested, measured, controlled, understood and cataloged and allows faster rate of progress and more importantly provides a sustainable viable professional approach, the approach is the key to success not a system, the system can be 1 of many...which can be accepted and rejected in all phases of testing & trading.
You must Procure Reputable Historical Data: https://www.tickdata.com/product/historical-futures-data/ if you are to stand any chance of avoiding curve fitting and recency bias. Instrument selection is a key factor, liquidity, range, trending frequency etc ad you are advised to study instruments on daily basis and intra-day for this information.
Algorithmic Trading 3 Tier approach
1. System back tests: - Sept 2009 onwards to Sept 2016 etc - 5 years of tick data
2. system out of sample - Oct 2016 1 year or as much as you can 90 days Lookback or 1 year of tick data
3. Real time production - 3months to 6 months realtime trading on segregated Sim accounts
The hands on routine of this 3 tier process and understanding of all the caveats will provide the real deal trading knowledge if its recorded - providing the combined trading ability of the user and combination of instruments/ dataseries/ system/s and parameter sets.
Excel and Control systems
Excel is the tool of choice for trading professionals and even much trading is executed via Excel directly - but also for statistics and data/ analysis. keep it all in a database/excel and use statistical evidence and a scientific ambivalence and then the system are almost unimportant, the approach is the key 80% of it... - avoid jumping from 1 system to another with no data/no history/no records all in the mind.. all lost in an instant when you pull the lever and gamble the next lot - take time to learn in depth over the correct amount of time to subconsciously embed the real system and proof to allow you to stick with a trading system in drawdown or avoid drawdowns with realtime interactive controls with confidence based on facts not guess work based on recency bias.
N.B. for Gold Membership Fully Auto Trader Lease Plan & Platinum Membership Pro Auto Trader Lease Plan - see MicroTrends Trading System Lease Plans we provide real-time tests and stats and templates ongoing so that can accelerate the process, we simply copy an xls read out to Google Drive/Drop Box shared folders and we can work on templates and supply solutions so we take a "pit crew stance" for testing & assistance etc
MicroTrends Algorithmic Trading Control System
Realtime Trading Stats Collation
Store daily stats in weekly folders
On an intraday basis -export from NT control Center Strategies via Excel
From Daily Exports of System and stats collate the data into a Weekly Summary
Tools to help these are found in that above screenshots in the "folder 04"
This is an attempt to relay how i manage it:- statistical evidence fact driven trading:
GET STARTED with MTDS7
Robots: Still today I use this and I recommend the MTDS7 SDK USAR - people sell less able versions of it selling for $4K+ the point is it can work and it offers the easiest learning path.
So atleast if anything a systematic approach can be learned if no systems are suitable here from MicroTrends for you :-)