|
PureBytes Links
Trading Reference Links
|
some good thoughts there Yuki
Have not thought to approach things like that
--
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
http://e-wire.net.au/~eb_kavan/ab_write.htm
On 11/25/05, Yuki Taga <yukitaga@xxxxxxxxxxxxx> wrote:
> Hi intermilan04,
>
> Most systems will not backtest as well with a delay; I think most
> people would be in agreement on that. There is no holy grail,
> either.
>
> But try this ...
>
> Take your best EOD systems, and don't enter delay = 1. Try delay =
> 3, or 4, or 5, or even longer. Give the fast guns the chance to get
> nervous and be wrong (or the scalpers a chance to take their small
> profits), and give yourself the chance to play the game the way the
> people who really move the market play it.
>
> (Hint: They have a problem called too much money. If they spend it
> all at once, they distort the market to their own disadvantage. If
> they spend it too slowly, they never finish the job. So they come in
> and create what should be an obvious "event", then they go and hide
> for a few days or even a few weeks, so the "breakout" will "fail".
> But they come back, usually about a day or so after your attention is
> no longer on that issue any longer.) ^_^
>
> So try taking your EOD signals later. Same thing with exits,
> especially after a nice uptrend. Dip buyers will almost always be
> there to give you a better price a few days or a week after your
> system says exit.
>
> A computer can be a great assistant. But you still have to think
> like a trader. And a computer can easily tempt you to follow more
> markets than your brain can really handle. IMHO, the more you focus,
> and patiently wait for "events" in what you will forever remain
> focused on, the better you will trade.
>
> Yuki
>
> Friday, November 25, 2005, 4:03:48 AM, you wrote:
>
> i> Hi Yuki Taga,
>
> i> I'm using EOD from yahoo.com as my data source, so
> i> it is available after the market has closed.
>
> i> Say, on 11/23, after downloading 11/23's EOD at night and running
> i> backtester, my system has generated a signal.
>
> i> With delay 0, the backtester buys at open/high/low/close or
> i> whatever I specified...which, in real life, not possible
> i> because I didn't have the EOD until the market has closed.
>
> i> Now, I can avoid that by specifying delay=1.
> i> In that case, my system just doesn't work nearly as good
> i> as it used to, despite the only difference being I'm
> i> buying a day after.
>
> i> As I mentioned earlier, I found some Technically Optimized systems
> i> made by someone else which work wonders with delay=0, but not very
> i> well with delay=1.
>
> i> I guess a solution would be to have a real-time data feed and
> i> constantly look for signals intraday...
>
> i> Regards,
------------------------ Yahoo! Groups Sponsor --------------------~-->
Try Online Currency Trading with GFT. Free 50K Demo. Trade
24 Hours. Commission-Free.
http://us.click.yahoo.com/RvFikB/9M2KAA/U1CZAA/GHeqlB/TM
--------------------------------------------------------------------~->
Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For other support material please check also:
http://www.amibroker.com/support.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|