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PureBytes Links
Trading Reference Links
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A link to the article if you don't have the magazine.
http://store.activetradermag.com/product.asp?0=204&1=758&3=2246
Regards
Jim
--- In amibroker@xxxxxxxxxxxxxxx, "jnk1997" <jnk1997@xxxx> wrote:
> Has your trading system been whipsawed over the past 8 (trading
> range) weeks?
>
> Your equity curve flattened (like mine) or down a little?
>
> If your system(s) are anything like mine, we need a trend, up or
down
> is good...sideways is a killer.
>
> I have been trying to resolve this problem by applying different
> indicators and oscillators and moving averages only to loose some
of
> my good trades (on the backtest)in order not to be whipsawed in a
> sideways market.
>
> I may have found a solution.
>
> Active Trader magazine February 2003 page 82.
> Equity curve Drawdown Management by Thomas Hartle.
>
> "Your system has given you four losing trades in a row, should you
> take the next signal or move to the sideline"
>
> This article describes how you plot your equity curve (running
total
> of dollar gains and losses) and apply a 10 period moving average
(you
> can play with the period). When your equity curve drops below the
> moving average...you stop trading and paper trade until
your "equity"
> rises above the moving average. Then you resume actual trading.
>
> This may eliminate alot of bad trades on trend following systems in
> sidways markets.
>
> I thought this was a rather neat concept...applying a trading
system
> to our trading systems!
>
> Has anyone tried this? Thomasz.....your thoughts?
> New Portfolio manager feature?
>
> Regards
> Jim
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