James Roche: Pepperstone: Create trading systems with a genuine edge - PursuitOfEdge/podcasts GitHub Wiki

  • traders got a lot of ideas but don't wanna be programmers
  • he started a company where he could build other people's strategies for them and it was a good move for him because within 6 months he was busier than he could handle which was a great startup for his company
  • focuses on coding for clients as opposed creating a platform where others can code because he says there is already enough of that
  • if the real results were only HALF of the backtest, and you still want to keep trading it, it's probably a good system
  • CCI(14) and CCI(20) are popular, but the rarer CCI(100) is a great long-term trend indicator
  • uses C# with NinjaTrader/Multicharts
  • custom indicator based on TSF(time-series forecast)/linear regression line, least squares moving average, LSMA
  • sideways indicators turn sharply but stay in a trend stubbornly
  • stoch (pullback) + TCmaximal (trend)
  • systems generally need to be specialists of one kind, so trade multiple systems
  • most indicators work on all time frames (talking about Forex, etc.) the exception seems to be equities on daily bars because it allows things like news to process
  • the thing that moves Forex is economies and they move so slowly
  • Pepperstone sees a lot of people wanting strategies on gold and the major FX pairs
  • James sees people interested in futures indexes, oil, FX, some equities. James like equities but most of his clients like intraday MT5 futures and MT4 CFDs. FX while being appealing is tricky because who there's not much to go on like who knows what the pound is gonna do
  • studied CS in school then dropped out to be a musician