Best Practices

This guide outlines recommended best practices to help you get the most accurate signals, efficient strategies, and consistent performance when using the Comps platform.

General Best Practices

• Start simple before building complex strategies

• Test preset and custom strategies across different assets and timeframes

• Review signal logic and confirmation rules regularly

• Avoid over-optimization, which may reduce real-world performance

• Monitor market conditions—no strategy works in all markets

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Signal Generation Best Practices

Choose the Right Strategy

• Use preset strategies for quick and reliable signal generation

• Use custom strategies once you understand how Comps interprets logic

• Ensure your strategy is marked Run Strategy to appear in the signal cockpit

Select Appropriate Timeframes

• Lower timeframes (1m–15m) are more sensitive to noise and volatility

• Higher timeframes (1h–12m) provide more stable signals

• Match timeframe selection to your trading style (scalping, swing, position trading)

Use Risk:Reward Wisely

• Conservative settings reduce drawdowns but may generate fewer trades

• Aggressive settings increase opportunity but also risk

• Use custom Stop Loss and Take Profit levels only if you understand their impact

• Always define a stop loss before entering any trade

Apply News Filters Strategically

• Enable high-impact news filters during major economic events

• Disable news filters only if your strategy is designed for volatility

• Combining news filters with confirmation logic improves signal stability

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Strategy Creation Best Practices:

Prompt Mode

• Be specific and structured in your prompts

• Clearly define:

  • Entry conditions

  • Exit rules

  • Stop loss and take profit logic

• Avoid vague language that can lead to inconsistent interpretation

Composition Mode

• Combine logic intentionally—more components do not always mean better results

• Use confirmation logic to reduce false signals

• Balance indicators across trend, momentum, and volume

• Avoid conflicting conditions within the same strategy

Configuration Mode

• Limit indicators to what adds real value

• Use AI optimization unless you fully understand manual parameters

• Keep Signal Generation and Signal Confirmation logic distinct

• Regularly review indicator performance

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Indicator Best Practices

• Use no more than:

  • 10–15 indicators for Signal Generation

  • 10–15 indicators for Signal Confirmation

• Avoid stacking indicators that measure the same thing

• Let Comps AI optimize parameters for dynamic markets

• Use manual settings only for proven, tested indicator values

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AI Instruction Best Practices

• Write clear execution instructions for AI behavior

• Define priority rules if conditions conflict

• Use templates as a baseline and customize as needed

• Avoid unnecessary overrides unless required

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Win Rate Optimization Best Practices

• Increase optimization gradually

• Monitor how optimization affects:

  • Signal frequency

  • Confidence scores

  • Trade quality

• Do not rely on win rate alone—consider risk-to-reward balance

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Luma Chat AI Best Practices

• Ask specific, actionable questions

• Increase chat power levels for deeper analysis

• Use Luma Chat for validation, not blind confirmation

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Credits & Power Level Management

• Use lower power levels for testing and experimentation

• Reserve higher power levels for critical trades

• Enable Auto-Buy to avoid interruptions

• Track credit usage in the dashboard

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Performance & Scaling Best Practices

• Save strategy versions before major changes

• Export strategies as backups

• Review strategy performance regularly

• Disable underperforming strategies

• Avoid running too many strategies simultaneously on the same asset

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Risk & Responsibility Best Practices

• Never risk more than you can afford to lose

• Do not rely solely on automated signals

• Always perform your own due diligence

• Use Comps as a decision-support tool, not financial advice

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When to Adjust Your Approach

Consider refining your strategy when:

• Market conditions change

• Volatility increases or decreases significantly

• Performance deviates from expectations

• Drawdowns exceed your risk tolerance

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Final Recommendations

Comps is most effective when used with:

• Clear strategy logic

• Disciplined risk management

• Ongoing review and refinement

• A balance between AI automation and human judgment