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Hello Wojciech - Wanted to add a bit to PS's
note and hope this helps. Our group uses routines like this to see how
well a particular fund or stock has performed in the past number of months (daily bars really). You can
set the trades by discretion or use an external signal.
At this time the external trade points from the
signals would have to be loaded manually.
You could wonder about a BUY/SELL signal
that some letter writer is pushing and
checking out to see how well it
would have done say on the issue you are
focusing on...for example the Russell 2000 ETF
( IWN), or NDX's QQQQ,
or some other index.
For example in our region. there is a
company selling a signal called TimingCube.
They list the historical buys and sells
they have been publishing for subscribers.
You could wonder for example, had I started my
subscription to TC in the middle of 2004 and taken their first signal on trading
an ETF, TJ's discretionary equity
routine will calculate the gains if you had traded versus if you had
bought and held. By the way their web site is great and it lets you
do the same "what ifs" on their site.
If you study the Equity() function you'll
see that you can also set how this routine can be used to plot the
curves starting at the
left hand bar you prefer. For
example equity(0,-1) lets you set the from/to range in the AA Settings page
as well as the initial
equity, in 2 places.
bh = Equity(
0, -1 );
e = Equity(
0,-1);
HTH
Joe
----- Original Message -----
Sent: Tuesday, May 09, 2006 2:46 AM
Subject: [amibroker] Re: Discretionary
Equity
It is very clear from Tomasz' instructions. Go to the
website:
http://www.amibroker.com/kb/2006/05/06/discretionary-equity/
If
you still can't manage, then I suggest you first better learn how
to use
Amibroker. And for that, there are no shortcuts I'm
afraid.
PS
--- In amibroker@xxxxxxxxxxxxxxx,
"wojciech.kaszycki"
<wojciech.kaszycki@xxx> wrote:
>
>
--- In amibroker@xxxxxxxxxxxxxxx, "vlanschot" <ecbu@> wrote:
>
>
> > Thanks TJ, very nice & useful tool.
> >
> > PS
> >
>
> Dear All,
>
>
sorry for that, I am not so experienced trader, but HOW do You use
>
such tool? What is a purpose of such?
>
> Sorry for such greennie
question,
>
> Regards,
>
Wojciech
>
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