|
PureBytes Links
Trading Reference Links
|
Hi Fred.
> With regards to your post at amibroker-ts (Ignoring extreme price
> changes) IMHO the more one "ignores" the effect of real world events
> on prices the more one is subject to them in the real trading.
my point of view is that at least during the development and testing
phase a system should simply filter out extreme price changes, because
such extremes bring the indicators out-of-order... As I wrote, by this
I do mean "normal" systems only, and not those systems which are
aimed exactly on such extreme situations. It is a conservative and
risk minimizing strategy if one filters such rare(?) events out. Otherwise
the backtesting results could be "flawed" because of only one or two
of such events with possibly big impact on the result; ie. the overall
result would not be statistically significant or correct.
UM
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get a FREE REFINANCE QUOTE - click here!
http://us.click.yahoo.com/2CXtTB/ca0FAA/i5gGAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|