RE: [amibroker] Equity() observation

["Rick Parsons" <RickParsons@xxxx>]

<SPAN 
class=790570713-18042002>Tomasz,
<SPAN 
class=790570713-18042002> 
<SPAN 
class=790570713-18042002>>><FONT 
color=#000000>Now in fact you don't need to run Automatic analysis to runa 
backtest <<
<SPAN 
class=790570713-18042002> 
<SPAN 
class=790570713-18042002>How does Equity() know which of my formulas to 
use?  Do I have to at least open the formula in the AA 
?
<FONT face="Comic Sans MS" color=#0000ff 
size=2> 
<FONT face="Comic Sans MS" color=#0000ff 
size=2>Thanks,
<FONT face="Vladimir Script" color=#000080 
size=5>Rick

<FONT face=Tahoma 
size=2>-----Original Message-----From: Tomasz Janeczko 
[mailto:amibroker@xxxx]Sent: Thursday, April 18, 2002 7:20 
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker] 
Equity() observation
Rick,
 
Equity() function is a backtester-in-a-box. So if youclick 
on the stock that was not included in the original backtest
set it calculates correct equity curve as it would look if 
real backtest was performed on it.
 
Now in fact you don't need to run Automatic analysis to run 
a backtest - its all inside Equity() function :-)
Best regards,Tomasz Janeczkoamibroker.com
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=RickParsons@xxxx 
href="">Rick Parsons 
To: <A title=amibroker@xxxxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, April 17, 2002 7:12 
PM
Subject: [amibroker] Equity() 
observation

<FONT face="Comic Sans MS" color=#0000ff 
size=2>Tomasz,
<FONT face="Comic Sans MS" color=#0000ff 
size=2> 
<FONT face="Comic Sans MS" color=#0000ff 
size=2>I haven't seen this observation mentioned 
before.
<FONT face="Comic Sans MS" 
color=#0000ff size=2> 
<FONT face="Comic Sans MS" 
color=#0000ff size=2>I find that when I run Backtest on a small group of 
stocks in a specific watchlist and the AFL contains the Equity() function 
and then I click on stocks that were NOT included in the watchlist or 
backtest, those stocks sometimes contain their own equity curve which shows 
up on the chart.
<FONT face="Comic Sans MS" 
color=#0000ff size=2> 
<FONT face="Comic Sans MS" 
color=#0000ff size=2>How does this happen?  Is Equity() actinglike an 
Indicator Builder formula and applying my backtested AFL system to any stock 
I click on?
<FONT face="Comic Sans MS" 
color=#0000ff size=2>If so, boy, that is a neat, neat trick.  Then I 
can just scan thru all stocks looking for great equity curves for my 
formula.
<FONT face="Comic Sans MS" 
color=#0000ff size=2> 
<FONT face="Comic Sans MS" 
color=#0000ff size=2>Don't tell me it's not so... 
<grin>
<FONT face="Comic Sans MS" 
color=#0000ff size=2> 
<FONT face="Comic Sans MS" 
color=#0000ff size=2>Thanks,
<FONT face="Comic Sans MS" 
color=#0000ff size=2>RickYour 
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