Australian (ASX) Stock Market Forum

Reply to thread

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


Top