Post
Topic
Board Speculation
Re: Wouldn't it be nice... (the LazyWhale algorithm)
by
oda.krell
on 16/10/2014, 12:26:56 UTC
Will you posting your buy or sell signals here? I don't understand all those chart thingies, and its tempting to see Bitcoin at $1200, and then at $275, and wonder why couldn't I profit from it.

A thread which just tells me to buy or sell a few times a year is ideal for me.

Yes. That was the plan of this "public experiment". I'll post about a new signal once it comes in (chance for that to happen in principle: every 6h. Right now, there's a good chance a 'buy' will be signaled within a week or two.)

Keep in mind though the critical remark by Ryn above: while the backtest might look promising, there is also only a small number of total signals (by design), which means future profitability of the parameters is less certain than in a method that has more data points.

That said, while I posted about other experimental methods before, this is one where I'm inclined to put some money on the signals myself, because of what seems to be a pretty good risk/reward ratio (I would probably set a stop loss in addition to the signals, however).