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Fitting is when a strategy with optimised parameters works for a testing period.
And the RIGHT optimisation (at the same settings) works on other pairs, and on other periods...
not necessarily on other pairs
Absolutely! This is one of the checks that the strategy parameters are not fitted to the story..., i.e. the basic IDEA of the trading strategy is correct, and therefore MUST work on any pair...
It is common to tweak or optimise strategies that work on Moving Averages.
But this is basically useless, because the market is not a pure sine wave with constant period and constant phase, but a noisy sine wave with floating phase and floating period.
Therefore for normal MA operation it is necessary to optimize every trading day the Expert Advisors and even manual trading to fit the MA period to the current period of the market sinusoid.
In the real market without daily optimization (adjustment of new parameters) only methods using explicit or implicit tools of Mathematical Analysis work.
It is common to tweak or optimise strategies that work on Moving Averages.
But this is basically useless, because the market is not a pure sine wave with constant period and constant phase, but a noisy sine wave with floating phase and floating period.
Therefore for normal MA operation it is necessary to optimize every trading day the Expert Advisors and even manual trading to fit the MA period to the current period of the market sinusoid.
In the real market without daily optimization (adjustment of new parameters) only methods using explicit or implicit tools of Mathematical Analysis work.
Not a fact, there are mono EAs
PAMMs seem to require a decent start-up capital.
In AP it seems to be from 3000 USD.
With such a starting sum I do not need any PAMMs.
In Alpa there is only $300 for PAMMs.
at Alpa $300 just for PAMM
Where do the grail makers get that kind of money?
A grail creator can open a $10 cent account and turn it into $300 with an easy move )) That's all there is to it!
A grail creator can open a $10 cent account and turn it into $300 with an easy move )) That's a deal!