Re: [amibroker] reaction trend system

["ed" <ed2000nl@xxxxxxx>]

hi Yuki,
 
thanks for your reply.
 
I translated his method out of curiosity if it 
would work. I will have to rewrite the code for intraday data which will be a 
new challenge for me. On a first glanse, looking at the signals in the EOD data 
chart I am not sure if it will be a working system. If you have a strong trend 
it is able to catch is but false moves seem to give a lot of loosing trades 
also.
 
Thanks for your suggestions. I'll think about 
it.
 
Maybe I'll post the code on a later date if I get 
it fixed for intraday data.
 
rgds, Ed
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Yuki 
  Taga 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">ed 
  Sent: Tuesday, May 18, 2004 12:41 
PM
  Subject: Re: [amibroker] reaction trend 
  system
  <FONT face=Arial 
  size=2>Hi Ed,Tuesday, May 18, 2004, 7:19:16 PM, 
  you wrote:e> I hope some one else tried to code this method of 
  Welles Wilder.I read the book years ago, ran the system on a paper 
  trade basis, anddecided I would never run it with real money.  The 
  draw downs arejust too large for me, despite my affection for 
  WW.With respect to the double signals on one day, you need to find a 
  wayaround that.  Aside from the fact that the back tester doesn't 
  knowwhich trade comes first, this is really hurtful draw downs 
  takeplace, the kind of minuses that simply destroy confidence and lead 
  tothrowing in the towel.I will tell you that I use a somewhat 
  similar system now that Ideveloped myself.  Initially, it too had the 
  possibility of doublesignals (in opposite directions on the same 
  day).  But I found if Icoded the possibility out of existence (set a 
  condition that allowedonly one way or the other on any particular day) I 
  could live justfine with the results.Once you get code for this, 
  run some explorations looking for doublesignals. If there are more than 
  just a very, very few, you need tocode in something that prevents this, 
  IMO.I never coded this into AB however.  I'm not sure there was 
  an ABthen, and I would have massacred the code anyway.  
  ^^_^^YukiSend BUG REPORTS to 
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