The market is a controlled dynamic system. - page 94

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Urain:

Breakeven is not the same as Equity Breakeven, it's true, but the concepts correlate.

Both characterise the accuracy of the entry.

However, I would replace these concepts with a single smooth notion of entry/exit efficiency (everything is strictly according to Bulashev, maybe with a little modification, the spread of efficiency measurements outside the trade, left/right).

If this efficiency is multiplied by the points of profit, we obtain a universal fitness function for trade evaluation.

what is the Trade_efficiency_coefficient?

[Mykola Demko]

FAGOTT:

What is the Trade_efficiency_coefficient?

Trade_efficiency_coefficient consists of entry and exit efficiency, each counted separately, but can be tweaked into one general formula.

Bulashev's is (for a buy trade) distance from low to high / distance from open to high.

(high-low)/(high-open)// open в смысле открытие позы, high,low в смысле макс и мин на промежутке трейда

I have extended the range beyond the open and close dates thereby including possible extrema that are not included.

[[Deleted]]

Urain:

Trade_efficiency_coefficient consists of entry and exit efficiency, each counted separately, but can be tweaked into one general formula.

Bulashev's is (for a buy trade) distance from low to high / distance from open to high.

I have extended the range beyond the open and close dates thereby including possible extrema that are not included.

Yes, thank you, I've already found it.

[Mykola Demko]

MetaDriver:

"The tachyon breakdown theorem" // OK? Ж-)

The wording:

Fixation of a control vector in the interaction of two or more systems inevitably leads to a spontaneous avalanche-like inversion of the vector, with the inversion being fixed for the time needed to eliminate the information-energy imbalances produced by the initial fixation.

// I think it is quite fundamental. Very epic, very sound.

;) ;) ;)

So how's it going with the evidence?

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Effectiveness can be defined in many different ways, depending on the goals set. But the primary one is the "target". Thegoal, the target function, can be seen as balance growth, or equity growth, or cache growth, or it can be seen as balance growth rate \ eviti \ cache .... etc. etc. --- i.e. set some maximisable functional. On the contrary, it is possible to consider time to reach a given level of balance \ eviti \ cache as a target function, or focus on drawdown ..... etc. etc. --- i.e. set some minimisable functional. Depending on this choice of target functional, the efficiency will be determined.

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Mathemat:

Even if breakeven is achievable in principle (which I highly doubt), it is not at all optimal in terms of time spent per unit of profit. Instead of waiting for a position to go into a huge drawdown and then waiting for it to come out, it is easier to just cut it off after some drawdown and look for a new entry.

The fallacy of this statement is that the suggested way is not necessarily preferable in terms of optimality. It may turn out to be just the opposite.

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Urain:

Although I would replace these concepts with one smooth notion of entry/exit efficiency

One could, of course, consider such an indicator as well. But it should be understood that it is a local characteristic, referring to a single complete transaction. On a set of transactions carried out over a long period, again we will get some average value - another coefficient.

[[Deleted]]

In determining a trader's performance, the cache withdrawn must necessarily be taken into account.

.

You can chase balance and equity for years with minimal drawdowns... ...but without withdrawing the cache. How efficient is this trader's work? You can, of course, point to the final balance. But the balance is as virtual as equity. Only cache is materialized.

[[Deleted]]

As a continuation of an earlier discussion, here I will try to take a closer look at Yusuf's proposed design.