11-06-2018, 04:16 AM
Everyone can now sign up and submit their strategy!
Signup here: https://app.gekkoplus.com/signup
I have thought long about this, initially I wanted to have a scoring system that weighs multiple factors such as:
- raw profit
- raw profit over market (alpha)
- results not correlated to market (beta)
- low risk
- minimum market exposure (time)
But in the end I figured that even though I could publish the formula before hand not everyone would understand it. I want to take Gekko strategies towards datascience and statistics. For example I love the contest rules from quantopian: https://www.quantopian.com/contest
If I did something like that I don't think people would like the strategy a lot: not all participants would understand the scoring and at the end a strategy would win that wasn't the most profitable one. So instead I went for something much more simple: best performance wins. Before we can get people to worry about other things than simply profit I need to get people to the Gekko Plus platform!
Signup here: https://app.gekkoplus.com/signup
Quote:A question on the scoring - are strategies across all the markets judged on absolute profit, or will you factor in the markets performance over that time? As an exaggerated example, would a strategy that returned 100% profit in a market that moved 200% be scored higher than a strategy that returned 50% in a market that moved -20%?
I have thought long about this, initially I wanted to have a scoring system that weighs multiple factors such as:
- raw profit
- raw profit over market (alpha)
- results not correlated to market (beta)
- low risk
- minimum market exposure (time)
But in the end I figured that even though I could publish the formula before hand not everyone would understand it. I want to take Gekko strategies towards datascience and statistics. For example I love the contest rules from quantopian: https://www.quantopian.com/contest
If I did something like that I don't think people would like the strategy a lot: not all participants would understand the scoring and at the end a strategy would win that wasn't the most profitable one. So instead I went for something much more simple: best performance wins. Before we can get people to worry about other things than simply profit I need to get people to the Gekko Plus platform!