Normal
Coyote,It is nice to know what sort of stats a system produces in actual trading over a long period of time. Testing of things like count back lines and ADX in the past has led them to be rejected by me as a strategy, although CBL's are difficult to code for testing purposes. Testing is also no guarantee that an indicator does or doesn't work - there are so many variables.Is it possible to put the rules that you use into clear step by step guidelines? For example indicate;1. The timeframe that you use,2. the universe of stocks selected,3. the position sizing strategy,4. when you would enter a trade5. and when you would exit a trade.This would be useful for coding purposes and give a better understanding of the strategy being outlined above. You also mention some statistics (70% plus S/R) - are there other stats available for the methods outlined. My apologies if I missed this info above.I am a great devotee of backtesting trading strategies - it is difficult to find good systems that are tradeable.regardsStevodrawdown.blogspot.com
Coyote,
It is nice to know what sort of stats a system produces in actual trading over a long period of time. Testing of things like count back lines and ADX in the past has led them to be rejected by me as a strategy, although CBL's are difficult to code for testing purposes. Testing is also no guarantee that an indicator does or doesn't work - there are so many variables.
Is it possible to put the rules that you use into clear step by step guidelines? For example indicate;
1. The timeframe that you use,
2. the universe of stocks selected,
3. the position sizing strategy,
4. when you would enter a trade
5. and when you would exit a trade.
This would be useful for coding purposes and give a better understanding of the strategy being outlined above. You also mention some statistics (70% plus S/R) - are there other stats available for the methods outlined. My apologies if I missed this info above.
I am a great devotee of backtesting trading strategies - it is difficult to find good systems that are tradeable.
regards
Stevo
drawdown.blogspot.com
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.