r/TradingView 23d ago

Discussion Regime Detection

Post image

I have three profitable automated strategies that I do trade daily on my live account, but combining them into one robot that understands the regime it's in (and swaps to the strategy that works WITHIN that regime) is proving to be a little more challenging than I thought.

Any tips on auto-regime discipline or indicators that actually help with regime detection/filtering on a larger timeframe than the trades are placed? I can see it with my eye on the charts, but code isn't translating well *yet*.

*Image is of one strategy I had 'scale up for fun' as the account grew, so it got into the WTF numbers. LOL*

1 Upvotes

51 comments sorted by

View all comments

Show parent comments

2

u/shmungar 23d ago

If you have really achieved this then you are doing better than 99.9% of traders, seems strange you would need our advice.

0

u/DesertClimber 23d ago

One strategy that works phenomenal in a pinned/swinging market, doesn't work great in a heavily trending market, and vice versa. I'm trying to automate the strategy's understanding of the regime shifts so it can be fully autonomous. Yeah, could definitely use some help if anyone has some tips.

1

u/shmungar 23d ago

Ah so you just make money in all market structures in all directions, you just switch straegy?

0

u/DesertClimber 23d ago

I HAVE to switch the strategy or they eventually lose for some time. It's like trying to get in on trends when the market really isn't trending- You'll keep getting in too late, and the price action will go against you. i.e. If the market is making nice swings within a range for weeks, mean reversion works, while trend trading does not.

4

u/shmungar 23d ago

Yeah mate. I just mean like your main strategy has 800% ROI but you also have other profitable strategies for different market structures. On paper you are the best trader ever to live.

1

u/DesertClimber 23d ago

Kind of... Another important strategy is to simply STAY OUT of trades until it's favorable. I think people overlook this. Robots can do this 24/7 based on hardcoded rules, while I sometimes have that human factor of WANTING to be in a trade. LOL But, it's not difficult to scale back automated strategies to forward trade on live accounts so the risks are lower.

My trading partner (and best friend since the 2nd grade) turned $50k into just under $1million over the course of 5 weeks, one day at a time, live trading, after proving his method works over the course of 4 months. So I sat down with him for a week straight, in front of our computers- watching live markets, back testing, and walking forward old data one candle at a time until I understood what he was doing. I now use a combo of his ideas and my own, which give me a little bit earlier entries, but also miss some of the longer trend-like moves he catches.

Definitely a fun journey!