What strategy actually works? - page 8

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Do you personally use them?

Just these 2, or combination with other indicators?

 
Conor Mcnamara #: no I mean traditional high quality indicators which never get talked about:

  • Nadaraya Watson Envelope/Estimator
  • Ehlers Three Pole Super Smoother

Why on earth would you classify those as having a "huge statistical edge"?

Yes, they have their positives traits, but they also have negative traits. Their "edge" is comparable to many others—"good" in certain markets, but can also be "bad" is others.

 
Fernando Carreiro #:

Why on earth would you classify those as having a "huge statistical edge"?

Yes, they have their positives traits, but they also have negative traits. Their "edge" is comparable to many others—"good" in certain markets, but can also be "bad" is others.

The ND estimator uses a non parametric technique with kernel regression and it's ideal for the chaotic and nonlinear nature of markets. Most indicators are sensitive to whipsaws and small inconsequential shifts in price, whereas the estimator is rigid and will not keep changing its mind. It is good to see where the market is tilting in the immediate term without noise, market anomalies, and other things causing distortion
 
Oleksandr Medviediev #:

Do you personally use them?

Just these 2, or combination with other indicators?

As a template, I liked to combine the estimator with the "Linear regression slope" indicator from the codebase, and ADX for measurement of trend strength

 
@Conor Mcnamara #: The ND estimator uses a non parametric technique with kernel regression and it's ideal for the chaotic and nonlinear nature of markets. Most indicators are sensitive to whipsaws and small inconsequential shifts in price, whereas the estimator is rigid and will not keep changing its mind. It is good to see where the market is tilting in the immediate term without noise, market anomalies, and other things causing distortion

I will respect that if it is working for you, then that is all that matters. As for my own experience with them, I did not find much of an advantage when using them.

I found that "Nadaraya Watson" repaints which is something I very much dislike. There are some versions that don't repaint, but I was not impressed by either versions.

I did like the "Ehlers Three Pole Butterworth Filter" but I did not find the extra maths complexity offered much of an edge compared to EMAs. His book does describe its statistical benefits in frequency response and other points, but in practice I did not notice much of a difference, so I prefer using the much faster incremental EMA calculations.

But as I stated, if it is working for you and they give you a better edge in your own trading, then that is what is important.

 
Conor Mcnamara #:
Funnily enough, the best indicators are ones people never heard of. 
a personal code development or approach also to make a New indicator
 
Fernando Carreiro #:

I did like the "Ehlers Three Pole Butterworth Filter" but I did not find the extra maths complexity offered much of an edge compared to EMAs. His book does describe its statistical benefits in frequency response and other points, but in practice I did not notice much of a difference, so I prefer using the much faster incremental EMA calculations.

Interesting, and that is also good insight.

 

hellow everyone,

What worked for me was using indicators and data that don't use period bars, such as the previous day's high and low, the previous day's pivot, the ORB opening range, the supertrend, etc. If you use any period-based indicator like a moving average, you have to make constant adjustments to the period for the result to remain positive. I didn't have good results with the VWAP average. ATR is also useful in some cases. 

 
frcardim #:

hellow everyone,

What worked for me was using indicators and data that don't use period bars, such as the previous day's high and low, the previous day's pivot, the ORB opening range, the supertrend, etc. If you use any period-based indicator like a moving average, you have to make constant adjustments to the period for the result to remain positive. I didn't have good results with the VWAP average. ATR is also useful in some cases. 

This is a very interesting statement which alludes to the reason that I like Renko bricks/bars--no time-based period bars.

The Supertrend indicators that I've seen are merely modified moving averages, but there are many indicators with that name so who knows...

 
Lucky Minayo:
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists? 
That’s a very honest and important question — and one that nearly every experienced trader eventually faces.

Here’s the reality: there isn’t one “holy grail” strategy that works all the time. Markets are adaptive, non-stationary, and driven by changing human behavior, liquidity, and macroeconomic cycles. What “works” is less about a fixed entry/exit rule and more about a robust, adaptive process.
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