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RE: [amibroker] Re: Amazing backtest ==> Automatic/program trading



PureBytes Links

Trading Reference Links

well, I guess you'll just have to send me a copy privately so that I can see
what's wrong.  8-)
 
Listen to your wife.  its in your signal detection.
 
d


  _____  

From: Claud Hou [mailto:hclaud_98@xxxxxxxxx] 
Sent: Thursday, November 04, 2004 4:59 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Amazing backtest ==> Automatic/program trading



Indeed it is too good. My wife says I am dreaming. But that's what 
backtest reports. It's not me. It's the program.

As any trading system does, you always get a signal first.
So the program works like this (daily based):
1) Detect a buy signal
2) Buy at Open next day. (and/or cover)
.... hold till ...
3) Detect a sell siganl
4) Sell at open next day, immediately go short
5) loops back to 1)

simple as that.

BTW, I don't like Porche GT. So don't worry about that. 


--- In amibroker@xxxxxxxxxxxxxxx, "dingo" <dingo@xxxx> wrote:
> have you heard what "they" say when something sounds too good to be 
true?
> Doesn't yours sound a little too good to be true?
>  
> Suggest you click the "Check" button in the AA window. If that says 
you're
> ok then are you testing for high and low values using EOD data in 
your
> system for buying and selling?
>  
> I'd advise you not to get too excited just yet and certainly don't 
go out
> and buy that Porche GT just yet.
>  
> d
> 
> 
>   _____  
> 
> From: Claud Hou [mailto:hclaud_98@x...] 
> Sent: Thursday, November 04, 2004 4:41 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Amazing backtest ==> Automatic/program trading
> 
> 
> 
> Last night I ran some backtests with some simple trading systems.
> The results are amazing:
> For example,
> In 3 years from 11/03/2001 to 11/03/2004, with 10K initial account 
> value, you'll get 5.3M trading only YHOO. (long/short).
> The result will be even astonishing if you use margin and trade 
> options.
> 
> So come some questions:
> 1) How reliable are these backtest results? 
> 2) How's the progress for AB's feature of automatic trading with IB?
> 3) Better yet, is there a broker that accepts a trading system from 
> customer and does program trading?
> 
> Basically, open an account with 10K and let the program run every 
> trading day, then forget it. Three year later, you check your 
account 
> finding out you are a multi-millionaire. 
> How sweet is that? :-)
> 
> 
> 
> 
> 
> Check AmiBroker web page at:
> http://www.amibroker.com/
> 
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
> 
> 
> 
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