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Anthony,
my note was for the relative performance of StochRSI and StochCCI.
Money management is another interesting subject.
DT
--- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
> Dimitri,
>
> First I'd like to say , Thank you for your continued contributions
to
> this group.
>
> I know that trading is a personal endeavour in which everyone has
their
> own trading style and risk Parameters, But.... do you think it is
> possible to add some Money management parameters [ What are your
Money
> Management Parameters ? Is this to personal ? ] to the systems
that
> are presented to the list, [ even try the parameters under the
Settings
> window in AA ...Maximum loss stop , Trailing stop, etc.] , because
when
> these parameters are added to the systems, the results are less than
> Satisfactory .
>
> I know that the presentations are to stimulate further
improvements, But
> what good is further improvement in the trading system
parameters , if
> it can not produce satisfactory results by adding Minimal Money
> management rules.
>
> Should we try to present a complete trading system [ one that
provides ,
> minimal money management ], Then the group can adjust to their own
> trading styles ?
>
> Best wishes
> Anthony
>
> Dimitris Tsokakis wrote:
>
> > Last June 5, 2001, I posted to this list the Tushar Chande
Stochastic
> > RSI and my Stochastic
> > CCI.http://groups.yahoo.com/group/amibroker/message/2394I will not
> > speak again for Stochastic RSI, we have seen a lot of details for
this
> > popular indicator, whichpresents now an optimal solution [8-13-
87] for
> > QQQ, running at a +250% for the last 30 months.Besides the
difficult
> > question of the selection of this [8-13-87] combination [although
I
> > read ...carefullythe messages, I have not seen any kind of
> > explanation, serious or humorous, by the user of this combination]
I
> > wrote that this +250% is not one of the best QQQ performances.We
have
> > seen a lot of QQQ systems running between +500% and +600% or
better.I
> > understand that it is not fair to compare different design
approaches.
> > It is very difficult for Stochastic RSI tobe competitive to D-
ratio or
> > RSIt or MeanRSI TTM.So, let us compare the quite similar
Stochastic
> > RSI and Stochastic CCI.Beginning from March 2000 till June 2001,
there
> > were two almost equal solutions for the respectiveStochCCI
system, [I
> > follow symmetric triggering just for the comparison under equal
terms,
> > my personal opinionfor symmetric triggering is analytically
expressed
> > in other postings]running at +303% and +302%, withequal # of 10
> > trades/9 winners/1 loser, as you may see in the StochCCI 1
gif .You
> > could select one of them or both of them.Now, one year later, we
may
> > see the [7,13] at +405% and the [6,15] at +1199%.[StoCCI2 gif]I
do not
> > believe that there were serious criteria on June 2001 to select
the
> > [7,13] or the [6,15].CCI differentiation is almost invisible, if
you
> > change the period from 6 to 7.You surely need a magnifier to
separate
> > BuyLevel=13 from BuyLevel=15 .If we forget these details, a
+1199% may
> > sounds great.It is up to you to decide if you prefer attractive
> > calculations or positive trading techniques.Anyway, if you are
> > interested in this invividualistic trading style and if you prefer
> > Stochastic oscillators, tryStochastic CCI among the others. It is
not
> > popular but it is a bit smarter.Dimitris Tsokakis
> >
> >
> > Yahoo! Groups Sponsor
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>
> >
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Service.
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