Well after many pages of documenting my thoughts into a rough trading plan the time has come to test and develop my system. I'm about to purchase Amibroker & will be looking for some data to back test my theories with.
I have had a look at Bodhigold data as they have an ASX starter pack which for $99 provides you with 3 months of EOD data and 20 years of historical data. Due to cost being a limiting factor at the moment I was wondering if anyone has had any experience with their data and can provide any feedback?
Also whilst I know that there are many threads on trading plans and testing if anyone could offer any suggestions (not advice ASIC ) on what thoughts or theories they had whilst developing their plan would be fantastic. I'm not looking for details of anyone's particular trading plan, rather experience in walking through the development phase
As an example I will first test my theories/methodologies to see if I can meet my satisfactory rate of positive expectancy. Then Iíll look at the variables which will affect opportunity.
One area I am unsure of is "tweaking" of the system. I don't wish to wander off on a tangent and loose focus of the base system so any thoughts in regards to tweaking (e.g. 1 change at a time for a max of 5 variables then return back to the basic system and deviate on variable 2 for a max of 5 times etc..) would be helpful
Thanks in advance for any suggestions and support