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Neptune Trading - Optimization

If you have purchased one of our Neptune trading robots you will need to know how to optimise your own parameter settings, this article will help you find the best settings for maximum profits.

Important Information

If the robot name is EURUSD then it has an internal logic that is only suited to this currency symbol and if you change the robot symbol, we cannot guarantee that it will work correctly.

Recommended Optimisation Periods

As the markets constantly change and even go wild like during the Coronavirus, we recommend that you run monthly backtests and if the results are poor, run optimisation over a 1-month period and use these settings, do the same the following month and continue to review and optimise when required. So as a recap if a 1-month backtest result is poor, optimise for the past month and repeat this process each month. we will continue to publish 1-year optimised results every quarter.

Trading Robots are only as good as the parameters you give them

If you use the wrong parameters with an automated trading system, the back-test and real-time results will be poor, you need the correct parameter settings for the robot to provide a low draw-down and maximum net profit, one method to do this is to optimize the parameters for the current symbol, this is not always required, but we will show you how to tweak the robot for extra performance.

What is Optimisation?

Most trading platforms have an optimization feature, this is where you set the parameters for indicators and your take profit and stop loss to fit the market data, by doing this you are hoping that the future data will also follow these patterns, this will not always be the case as fresh data is unpredictable, but it will increase the probability of winning.

Getting Started

All the Neptune robots we supply are already optimized for the complete date range which at the time was 2011 to 2019, but if you wish to optimize for a different date range or even the past year then we will show you how.

The quickest method to optimise your parameters is to just find the best stop loss and take profits for both buy and sell trades, to do this click on the Automate button on the left of the platform and open the optimisation module in cTrader.

cTrader automate

How to Run a Quick Optimisation

Click on the optimisation tab as shown below and enter your optimisation backtest settings, we used a starting capital of £1000.00, but you can enter anything you want, add the commission for the broker and spread then you are ready to go.

 

ctrader backtest settings neptune

Parameters for Optimisation

Now you just need to set which parameters you would like to optimise, for a quick optimisation we are going to use only the stop loss and take profit values, so you can uncheck all the others.

 

Once you have done this you set the date range you wish to optimise, in this case, we used the past year 01.01.2018 to 07.01.2019.

You then click on the start button and go make a cup of coffee while it runs, optimisation can sometimes take up to 12 hours depending on how powerful your PC is. Never optimise on a VPS server that you are using for running other automated trading robots and if you do use the cTrader Memory Manager to flush the excess memory usage.

How to Run A Full Optimisation

If you want the best possible settings then you can run a full optimisation of all the parameters, this can take many hours, so it is best to let it run overnight or when you are away from your PC.

You will see parameters called Optimizer followed by a number, as this type of trading system is black-box, which means the working logic is hidden from the customer and only a number can be used to get the best results.

 

ctrader neptune full optimization

 

We recommend that you run the Quick Optimisation first and then the full optimization after, but unchecking the volume optimization and only use the Optimizer parameters.

Turbo Boost

We recommend that you experiment with this set to 'Yes' and 'No', the turbo boost parameter will open more trades and provide a much higher net profit, but it can also increase the drawdown.

What Timeframe Can You Use?

All the Neptune trading robots are configured for the 1-hour timeframe, we cannot guarantee results if you change this value, but there is nothing stopping you experimenting with other values.

Show Info. Setting

If set to YES, it will just show the copyright information on the chart, when backtesting or optimizing make sure you set this to NO.

Watch a Video on How to Optimise?

The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.

Duration: 11 minutes - Watch full-screen on YouTube

 

cTrader Neptune Optimise Video

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