Testing And Tuning Market Trading Systems: Algorithms In C++

Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Testing And Tuning Market Trading Systems: Algorithms In C++ISBN13:9781484241721ISBN10:148424172XAuthor:Masters, Timothy (Author)Description:Build, Test, And Tune Financial, Insurance Or Other Market Trading Systems Using C]+ Algorithms And Statistics You've Had An Idea And Have Done Some Preliminary Experiments, And It Looks Promising Where Do You Go From Here? Well, This Book Discusses And Dissects This Case Study Approach Seemingly Good Backtest Performance Isn't Enough To Justify Trading Real Money You Need To Perform Rigorous Statistical Tests Of The System's Validity Then, If Basic Tests Confirm The Quality Of Your Idea, You Need To Tune Your System, Not Just For Best Performance, But Also For Robust Behavior In The Face Of Inevitable Market Changes Next, You Need To Quantify Its Expected Future Behavior, Assessing How Bad Its Real-Life Performance Might Actually Be, And Whether You Can Live With That Finally, You Need To Find Its Theoretical Performance Limits So You Know If Its Actual Trades Conform To This Theoretical Expectation, Enabling You To Dump The System If It Does Not Live Up To Expectations This Book Does Not Contain Any Sure-Fire, Guaranteed-Riches Trading Systems Those Are A Dime A Dozen But If You Have A Trading System, This Book Will Provide You With A Set Of Tools That Will Help You Evaluate The Potential Value Of Your System, Tweak It To Improve Its Profitability, And Monitor Its On-Going Performance To Detect Deterioration Before It Fails Catastrophically Any Serious Market Trader Would Do Well To Employ The Methods Described In This Book What You Will Learnsee How The 'Spaghetti-On-The-Wall' Approach To Trading System Development Can Be Done Legitimatelydetect Overfitting Early In Developmentestimate The Probability That Your System's Backtest Results Could Have Been Due To Just Good Luckregularize A Predictive Model So It Automatically Selects An Optimal Subset Of Indicator Candidatesrapidly Find The Global Optimum For Any Type Of Parameterized Trading Systemassess The Ruggedness Of Your Trading System Against Market Changesenhance The Stationarity And Information Content Of Your Proprietary Indicatorsnest One Layer Of Walkforward Analysis Inside Another Layer To Account For Selection Bias In Complex Trading Systemscompute A Lower Bound On Your System's Mean Future Performancebound Expected Periodic Returns To Detect On-Going System Deterioration Before It Becomes Severeestimate The Probability Of Catastrophic Drawdown Who This Book Is For Experienced C++ Programmers, Developers, And Software Engineers Prior Experience With Rigorous Statistical Procedures To Evaluate And Maximize The Quality Of Systems Is Recommended As Well Binding:Paperback, PaperbackPublisher:ApressPublication Date:2018-10-27Weight:1.27 lbsDimensions:0.69'' H x 10'' L x 7'' WNumber of Pages:321Language:English

Price: 45.78 USD

Location: USA

End Time: 2024-11-22T01:14:11.000Z

Shipping Cost: 0 USD