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thanks for the reply Jaco
from what I've seen there's no golden formula
different market, trends etc need different techniques..
I was more interested in how you constructthe
formula from a learning prospective
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jaco
-Mercatos
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, January 28, 2001 9:59
AM
Subject: Re: [amibroker] Automatic
analysis
Hi David,
Sorry, not this one as it is starting tobecome
my major source of income and I get paid good money to use it for Fund
management purposes. On filtered backtesting it produces an average
return of 253% per year fully invested for the past three years on the South
African market with a profitability hit rate of 91%, so please don't take
this the wrong way. I am busy converting this to Metastock format as
well, which is quite more difficult than I thought, but necessary for
day-trading.
The thing with any system is that it never stays
on top for a long period of time and constant changes must be done to keep up
with the changing environment.
This is one of the four corner stones ofthe
bigger formula - Nothing new about this, but better results than most of
the other AFL's you get for free. Although it is stripped down to
the bone it should produce a hit rate of around 70%, but highly profitable -
20% plus average per trade.
prevclose = ref( close, -1);signl = iif(
close > prevclose , 1, 0 );
BUY = CROSS(bbandbot(close, 15, 2),close) AND
RSI(14) < 35 AND signl = 1;
SELL = CROSS(bbandtop(close, 15,2),close)
AND RSI(14) > 70;
Regards.
Jaco Jonker
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
David
Holzgrefe
To: <A title=amibroker@xxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, January 27, 200111:21
PM
Subject: Re: [amibroker] Automatic
analysis
Jaco, 400 hrs writing your afl it mustbe
complex how about sharing it with others it could be a good learning too for
us all ..
<BLOCKQUOTE
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----- Original Message -----
<DIV
>From:
Jaco
-Mercatos
To: <A
title=amibroker@xxxxxxxxxxxxxxx
href="">AmiBroker Mail list
Sent: Sunday, January 28, 200112:23
AM
Subject: [amibroker] Automatic
analysis
Hi,
First, let me say that Amibroker andThomasz
are doing a great job.
I have been an avid writer of AFL's for the
Automatic Analysis feature. My main AFL took me about 400 hours to
complete and I am very happy with the results I am getting. I find the
reporting system on this AA feature still lacking, due to the following
constraints:
- Open positions information is verylimited
when backtesting is done. Information like Number of open trades and
average profit/loss per open trade, names of instruments still open
as well as average days open will be appreciated. A separate list for
these would be helpful.
- Daily scanning results and the report
differ on a number of occasions i.e.: I get a Buy signal for XYZ, butit
doesn't appear in the Report even after the trade has been
closed.
- As I am tracking the scanning results on a
spreadsheet, I find a lot of differences or rather additions to the list
when I do backtesting for the same period.
Regards.
AJ
Junker
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