STRATEGIES

" Hundreds of hours go into making each individual strategy to ensure it is the best it possibly can be. Then we do it again, and again..."

ERIC is made up of multiple, smaller automated trading strategies (bots). We all know that having one (1), killer bot for all markets and times is not attainable. However, lowering our sights for each bot and adding them together can potentially deliver good profits. Plus we increase diversity.

"We do all the hard work so you don't have to..."


COMPREHENSIVE TESTING REGIME

Each strategy has to pass a major, comprehensive testing regime to admitted to ERIC.  

Below you can see the comprehensive back testing results of some of our current strategies.

BROAD OVERVIEW OF CURRENT STRATEGIES AND BACKTESTING RESULTS*

as at 7th Feb 2024


ERIC FAST TRADERS

ACTIVE BOTS - FULL DETAILS

as at 7th Feb 2024

NAMEPair
VersionComprehensive details
ANNEURUSDNext Gen v2.2CLICK HERE
BRIANEURUSDNext Gen v2.2CLICK HERE
CHLOEUSDJPYNext Gen v2.2CLICK HERE
DAVEGBPUSDNext Gen v2.3CLICK HERE
ELLAGBPUSDNext Gen v2.3CLICK HERE
FREDAUDUSDNext Gen v2.2CLICK HERE
GEORGIAAUDJPYNext Gen v2.2CLICK HERE
HENRYEURUSDNext Gen v2.2CLICK HERE
IAINGBPUSDNext Gen v2.3CLICK HERE
JULIAEURUSDNext Gen v2.2CLICK HERE
KEVINUSDCADNext Gen v2.2CLICK HERE
LAURENEURUSDNext Gen v2.2CLICK HERE
MAIRIEURJPYNext Gen v2.2CLICK HERE
NICK EURUSDNext Gen v2.3CLICK HERE

MORE COMPREHENSIVE TESTING OF STRATEGIES WORKING TOGETHER 

PORTFOLIO ANALYSIS

Having good individual results for each strategy is a great start, but we also have to make sure that they all should work together as a portfolio. As an example, we don't want the all trading very similarly as that will decrease our diversity. Diversity is key to having a steady and stable growth platform.

We run all strategies through some serious comprehensive portfolio testing to get a good look at how they performed as a whole in our back testing.  This testing is the last step before any individual strategy is allowed to be admitted. We often fail solid strategies at this level to keep the portfolio as diverse as possible.

Below is a glimpse of some of our results...

NEXT GEN PORTFOLIO OVERVIEW

Note: We have highlighted the important statistics for you. 

This is an overview of ALL of the current strategies trading as one porfolio. eg ERIC


NEXT GEN EQUITY GROWTH CHART

This chart shows how the current portfolio would have performed over the last 2 years. We used a strarting balance of $10K and the chart shows profit growth only. (It does not include orginal deposit)


NEXT GEN TRADE ANALYSIS

These stats give us a great overview of the many features of trading. 


NEXT GEN PORTFOLIO CORRELATION

We don't want our strategies to be similar. If we did, it would be just like having one strategy and  trading at larger trade sizes. This would decrease diversity and increase volatility (eg. larger drawdowns)

To ensure we have high diversity, we run them through a test to see how correlated they are. We want low correlation and this is highlighted as green



NEXT GEN MONTE CARLO TESTING

What is Monte Carlo Testing?

Historical results of a trading strategy give us some prediction of the future performance. By using Monte Carlo analysis you’ll be able to make this predicion much more accurate.To put it simply – Monte Carlo results will give you the estimated performance of your system based on statistics.It can help you decide if your strategy is robust, what profit / drawdown you can expect from your strategy and if you should trade this strategy at all.

The basis of Monte Carlo method is running the same simulation a number of times, each time with small random changes. The higher the number of repetitions, the bigger is the statistical significance of the results. In these tests, we do small, random changes in many parameters including the order of trades, missing trades and various other small adjustments to the trading criteria. 

We do this 100 times to try and identify if the portfolio is robust as this gives as much greater confidence for the future.