Am I on the right track? by Matthew Congrove

Matthew Congrove

| Reward Discussion

I'm a (non-finance) software engineer, and just started to get interested in more active stock trading. That quickly lead me here, and it's been interesting thus far. I've spent a lot of time today trying to put my ideas into an algo that, to me, looks pretty good. However, I'm running into more and more difficult problems and I'm wondering if I should even bother continuing.

So my question is, am I on the right track? These performance/ranking metrics are total Greek to me, even after reading up.

https://i.imgur.com/enA3Jpf.png

Update Backtest

Matthew Congrove

Accepted Answer

Update Backtest

Notebook

The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.

Jared Broad

Hi Matthew, read up on the PSR scoring method here. A good PSR is one part of evaluating a strategy but it's not really possible to say much from just a backtest screenshot. If truly learning and wanting to solicit meaningful feedback you'll need to share the strategy.

Grant Forman

21.6k ,

...I would also suggest adding

self.SetBrokerageModel(AlphaStreamsBrokerageModel())

..right at the start of the algo creation process - it may cause knawing and knashing of teeth later on if you dont!.

Matthew Congrove

44 ,

Grant Forman Thanks for that tip!

Jared Broad Thanks for your input and the link, I'll dive in to the PSR doc!

Matthew Congrove

Update Backtest

Notebook

To unlock posting to the community forums please complete at least 30% of Boot Camp.
You can continue your Boot Camp training progress from the terminal. We hope to see you in the community soon!

Platform

QuantConnect Community

Alpha League Competition: $1,000 Weekly Prize Pool

Invest in QuantConnect

Leveling the quant playing field for independent investors

Filter Discussion by Tags

Community Ambassadors

Earn free QuantConnect cloud credits by helping others, each week we airdrop credits to the most active community members.

212,688 Quants.

Online Now

Stay Connected