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~~~ What is RangerZ? ~~~ Ranger™ is a highly configurable strategy-building framework. Its developer, Robert Pardo, is widely known as a pioneer of automated trading and the inventor of Walk-Forward Analysis, a methodology that has become the standard of optimizing trading strategies. Over the course of his career, Pardo developed trading systems for major institutions and trading firms. Ranger builds on that experience and can be seen as the culmination of Pardo’s decades of research, testing, and practical trading expertise. The name 'Ranger' is derived from Donchian's classic 'range breakout' approach. Ranger starts with this and goes far beyond it with proprietary trend filters, volatility filters, entry filters, different order types, and a versatile set of exit and position-management rules. By combining different entry methods, indicators and filters in various ways, Ranger can build thousands of uncorrelated strategies in trend agnostic, counter trend, trend neutral, and trend following trading modes - for CFDs, ETFs, futures, crypto, and stocks on intraday and daily time frames. RangerZ is the Ranger implementation in the C++ programming language. Its complete source code is available for modifying or studying the system. While the original Ranger runs on the TradeStation™ platform, RangerZ runs on the Zorro platform. It combines the best of both worlds: the flexibility and proven performance of Ranger with the speed and versatility of Zorro. Trading logic, strategy components, indicators, parameters, and variables are identical in Ranger and RangerZ. But there are several differences: - RangerZ was written in C++. Backtests and optimizations run
multiple times
faster.
Ranger strategy portfolios have been consistently profitable. For details and past performance, please see Robert Pardo's Ranger page and the Ranger Alpha page. Note that Pardo's Ranger portfolios were put together with a different process, contain different strategies, and yield different equity curves than RangerZ strategy portfolios. About the RangerZ implementation, please see https://financial-hacker.com/implementing-robert-pardos-ranger-system. RangerZ comes with an example asset list and a basic portfolio of strategies for indexes, commodities, and bitcoin. Assets lists and portfolios for other markets can be freely created and added by the user. Any asset can be simultaneously traded on 60 minutes, 4 hours, and daily time frames. Please note: RangerZ is maintained by oP group
Germany. Technical support, updates, and future improvements
are provided by us, not by Robert Pardo. For creating
portfolios of robust strategies, we have not replicated Pardo's
RangerMaker™ software, but used a new process with the new
Evaluation Shell.
RangerZ portfolios are therefore NOT created with RangerMaker
and its
process (formerly
named "The Pardo Proprietary Development Process" and now "Excalibur Development Process"),
which was used for the original Ranger strategy portfolios that Pardo &
Company have created. The Evaluation Shell is a product by oP
group Germany and in no
way endorsed,
reviewed, or approved by Robert Pardo or Pardo & Company.
Zorro Disclaimer - The Zorro software and the Evaluation Shell are copyrighted by oP group Germany GmbH. We take great pains to make certain that the software is free of errors, malware, spyware, and adware. However it is distributed "AS IS" without warranties of any kind, either express or implied. For verifying file integrity, check the hash (f.i. CertUtil -hashfile C:\path\to\file SHA256). We grant permission for personal use of the Zorro software without fee. Parts or derivative works based on the software require our express permission for being distributed or included in trading software, educational material, or other products, This website provides general information only and may be subject to change at any time without notice. We are no financial advisor and cannot be held responsible for any trading losses or other damages incurred as a result of using the software or using any information gathered through this website. U.S. Government Required Disclaimer - Commodity Futures, Trading Commission Futures, Derivatives and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or any other assets. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC rule 4.41 - Hypothetical
or simulated performance results have certain limitations. Unlike
an actual performance record, simulated results do not represent
actual trading. Also, since the trades have not been executed, the
results may have under-or-over compensated for the impact, if any,
of certain market factors, such as lack of liquidity. Simulated
trading programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No representation is
being made that any account will or is likely to achieve profit
or losses similar to those shown. |
