Contest

NOTICE: Regrettably, the competition has been canceled due to insufficient participation (see #12 below). We appreciate the efforts of those who did participate and look forward to future opportunities.

Win cash for finding the best input settings for Grok Trade’s three algorithms (i.e., OMA, OHA, & PFAD). Test different input parameters for the highest performance outputs and win cash! Easy.

Multiple winners! Anyone can win—even beginners!

HOW TO PLAY: Simply, change input parameters, on the algos, to achieve optimal performance results on metrics such as Net Profit, Percent Profitable, Profit Factor, Max Drawdown, and more. Then submit to community spreadsheet. It's that easy! Enter as much as many times as desired. The more you enter the better your chances of winning!

TIP: Participants can optimize their own algorithmic inputs, or reference and build from the inputs of other contestant submissions.

EVEN NON-PARTICIPANTS BENEFIT: Those who do not enter the contest may still view and copy what they believe to be the best inputs submitted by others.

HOW WINNERS ARE PICKED: The winners are determined by the best overall performance results. With numerous input combinations available, participants are encouraged to assess as many variations as possible to achieve the highest performance results. And, submit as many times as you want.

OMA - Cash Prizes
   1. First place = $500
(or one free one-year Platinum subscription valued at $1,990)
  2. Second place = $200
(or 6-months free Platinum subscription valued at $1,194)
   3. Third place = $100
(or 3-months free Platinum subscription valued at $597)

OHA - Cash Prizes
   1. First place = $300
(or 6-months free Platinum subscription valued at $1,194)
   2. Second place = $200
(or 3-months free Platinum subscription valued at $597)
   3. Third place = $100
(or 2-months free Platinum subscription valued at $398)

PFAD - Cash Prizes
   1. First place = $200
(or 6-months free Platinum subscription valued at $1,194)
   2. Second place = $100
(or 3-months free Platinum subscription valued at $597)
   3. Third place = $50
(or 2-months free Platinum subscription valued at $398)

Basic Rules: *

Must be subscribed to both Grok Algo and Tradingview to participate.
Use any of the three Grok Algo strategies (e.g., OMA, OHA, and PFAD).
Accepted entries only on SPY, QQQ, or IWM ETFs.
Use any timeframe between 1-min bars to weekly bars.
Submissions made on this Google Grok Input Sheet.
- Subscribers will get edit capabilities.
Submission on or before midnight (PDT), Sunday, xxxxxx x, 2023.

*See the complete terms and conditions below.

THIS IS A WIN/WIN FOR YOU! THERE IS NO LOSE. Really, you should JUMP IN. Why? Because, new Grok and Tradingview subscribers get 30-days free. This means for 30-days you get to use our powerful trading algorithms for FREE. You also have the chance to win cash or a free subscription by sniffing out the best performing input metrics. Even if you don't participate in the contest, you still get to benefit by seeing other subscriber high-performing inputs AND USING THOSE FOR YOUR OWN BENEFIT! :)

SUPPORT
↓↓ START HERE ↓↓

1) Subscribe to the Grok Algos

2) Subscribe to Tradingview

3) Apply Algos to Tradingview

4) Set Up the Properties Tab

5) Optimize Inputs for
BIG Profits!!!

6) Set Up Algo Alerts

7) Submit Your Algo Inputs on the Grok Community Sheet

8) Join our Discord Community

The small print.
Rules, Legal Terms, and Conditions:

1) Eligibility:

Contestants must be 18 years or older.
Contestants must be subscribers to the following subscription services:
1. 1) Grok Algo subscription
2. 2) Tradingview subscription
Participants may win multiple prizes, but only one winner per category.
Only one winner per household.

2) Entry requirements:

Winners only considered on following ETF’s: SPY, QQQ, and IWM
Any timeframe acceptable between 1-minute bars to weekly bars (no monthly timeframes)
Winning inputs must produce similar performances on other stocks (not over-fitted)
- Results on other stocks do not need to beat the submitted ETF performance results
Entries must be made on the listed Google Grok Input Sheet in the correct format, and all fields must be completed (in English), including contact information.
Entries must be submitted by midnight (PDT) Friday, May 7th, 2023.
No cap to number of entry submissions.
IMPORTANT: Must use the following Property settings for each algorithm:

i) Initial Capital = (Doesn’t matter)
ii) Order Size = 100% Equity
iii) Pyramiding = 1
iv) Commissions = 0
v) Slippage = 0

3) Judging criteria:

Due to the numerous possible input combinations, there will be a measure of subjectivity to determining winners. The owner of Grok Trade will make the final decision to which submissions will be deemed winners.
Winners will be judged by a combination of input metrics, which produce high Net Profit results.
1. Although important, a high Net Profit is not necessarily the most important metric.
The most weighted metrics considered will be:
1. a high Percent Profitable,
2. a low Max Drawdown,
3. a high Average Trade %, and
4. a high number of Total Trades (the more the better).
5. Also, beating Buy-and-Hold and a high Sortino Ratio will be considered.
GUIDANCE -Optimal metric levels suggestions (not required):

i) Net Profit (bigger the better, but bigger doesn’t mean best)
  ii) Number of Trades (>100)
  iii) Percent Profitable (>60%)
  iv) Profit Factor (>1.6)
  v) Max Drawdown (<20)
  vi) Average Trade (>0.75%)
  vii) Beats Buy-and-Hold
  viii) Sortino Ratio (>0.8)

NOTE: Contestants do not need to have any particular subscription type at Tradingview to make contest submissions. However, submissions will be judged from TradingView’s Premium subscription, which accounts for 20,000 bars of data.

Also, note that Grok has the right to update any submissions, on the Google Spreadsheet, to reflect the outputs of the Premium level 20,000 bars.

4) Prizes:
OMA - Cash Prizes

First place = $500 (or one free one-year Platinum subscription valued at $1,990)
Second place = $200 (or 6-months free Platinum subscription valued at $1,194)
Third place = $100 (or 3-months free Platinum subscription valued at $597)

OHA - Cash Prizes

First place = $300 (or 6-months free Platinum subscription valued at $1,194)
Second place = $200 (or 3-months free Platinum subscription valued at $597)
Third place = $100 (or 2-months free Platinum subscription valued at $398)

PFAD - Cash Prizes

First place = $200 (or 6-months free Platinum subscription valued at $1,194)
Second place = $100 (or 3-months free Platinum subscription valued at $597)
Third place = $50 (or 2-months free Platinum subscription valued at $398)

5) Payouts: Payouts made via check, bank ACH, Zelle, or PayPal and expected to be made within 45 days of completion of contest.

6) Taxes:

All competition winners are solely responsible for paying any and all applicable taxes on their winnings.
The competition organizers are not responsible for any tax liabilities that may arise from the winnings.
Winners may be required to provide their tax identification information, including their Social Security Number (SSN) or other tax identification number, to the competition organizers before they can receive their prize.
1. If a winner fails to provide the required tax identification information, they may forfeit their prize.
The competition organizers may be required by law to withhold a percentage of the prize value for tax purposes.
Winners are responsible for complying with all applicable tax laws and regulations, and should consult with a tax professional if they have any questions or concerns.
Any disputes or issues related to taxes on winnings will be resolved between the winner and the appropriate tax authorities, and the competition organizers will not be involved in such disputes.
By accepting their prize, winners agree to release the competition organizers from any and all liability related to tax obligations associated with their winnings.

7) Privacy policy: Contact info, including identifiable information, will be associated with all correctly submitted entries on the Google Grok Input Sheet, which is public. Submitters should take account for what info they want to share. Correct contact info must be associated with every submission that winners may be contacted.

8) Liability and indemnity:

Participant acknowledges that they participate in the online competition voluntarily and at their own risk.
Grok shall not be held responsible or liable for any loss or damage suffered by the participant as a result of their participation in the competition.
The participant agrees to indemnify and hold Grok, its officers, employees, and agents harmless from any and all claims, demands, liabilities, losses, damages, costs, and expenses (including reasonable attorney fees) arising from or in connection with the participant’s participation in the competition.
The participant agrees to release Grok from any and all claims or causes of action arising from or in connection with the participant’s participation in the competition.
The organizer shall not be held responsible for any technical issues, malfunctions, or errors that may occur during the competition, including but not limited to service provider problems, website downtime, internet connectivity issues, or server failure.
The participant agrees to abide by the competition rules and regulations, and any breach of these rules may result in disqualification from the competition.
Grok reserves the right to cancel or modify the competition at any time, without liability or obligation to the participant.
By participating in the online competition, the participant acknowledges and agrees to all the terms and conditions of this Liability and Indemnity Clause.

9) Disqualifications:

Participants under 18 years of age.
Only one winner per household.
1. Participants may win multiple contests, but on different algos.

11) Changes to the competition: Grok reserves the right to make changes to the competition rules, judging criteria, or prizes, and specifies the circumstances under which these changes may be made.

12) Termination: Grok reserves the right to terminate or reschedule this competition, at any time, for any reason, including insufficient participation, prevailing participant quandaries, or discrepancies.

Grok Algo Contest

NOTICE: Regrettably, the competition has been canceled due to insufficient participation (see #12 below). We appreciate the efforts of those who did participate and look forward to future opportunities.