|
PureBytes Links
Trading Reference Links
|
--- In amibroker@xxxx, "Thierry HUITEL" <hostyle@xxxx> wrote:
>
> for instance that formula rejects a lot of stocks, but is efficient
> more than 70% of the time:
>
> monrsi = rsi( 14 );
> un = cross( monrsi, 30 ) AND (EMA( ROC( MA( C, 22 ), 250 ),
150 ) /
> 100) < 0;
> deux = cross( macd(), signal() );
> buy = un AND deux ;
> sell = Cross(70,RSI(14)) AND Cross (ma(close, 14),
> close;
Thierry, one problem I see with this scan is the use of the cross
function for BOTH un and deux. It would be a remarkable coincidence
for un and deux to cross on the same day...
I revised deux to macd() > signal(); This doubled the % profit on
the stock list I tested. It retains the remarkably high 87% hit rate.
A similar revision would need to be made to the sell condition.
Asking rsi and ma of close to cross on the same day is a poor exit
condition that does not come close to ensuring the trade is exited.
Hope this helps,
Trader
|