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To each his/her own ...
--- In amibroker@xxxxxxxxxxxxxxx, allansn@xxx wrote:
>
> Fred,you are preaching to the choir.I personally think that Ami
and basic AFL is 99% of all one needs to be successful.In fact,i am
quite sure
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> ----- Original Message -----
> From: Fred
> Date: Monday, October 16, 2006 8:44 pm
> Subject: [amibroker] Re: Amibroker vs. other software
> To: amibroker@xxxxxxxxxxxxxxx
>
> > There's no battle of system .vs. discretioary trading ... They
> > are
> > two different methods serving different types of people ... I
> > have a
> > friend that is an excellent trader using nothing more then
> > Andrew's
> > Pitchfork ... You want to do discretionary trading ? ... A few
> > canned
> > indicators from AB should serve your purpose well at 1/30th the
cost.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, allansn@ wrote:
> > >
> > > Fred,
> > >
> > > What exactly does it mean when you say
> > >
> > > " there either is the potential to make money using a
> > product or
> > there isn't ?"
> > >
> > > The product doesnt make the money.The person using the product
> > makes the money.
> > >
> > > This is heading towards a discretionary vs system trader
battle....
> > >
> > > Lets get it on!!!!!!!!!!!!!:)
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > ----- Original Message -----
> > > From: Fred
> > > Date: Monday, October 16, 2006 7:10 pm
> > > Subject: [amibroker] Re: Amibroker vs. other software
> > > To: amibroker@xxxxxxxxxxxxxxx
> > >
> > > > To me this is not an academic exercise ... there either is
> > the
> > > > potential to make money using a product or there isn't ...
> > If
> > > > you
> > > > don't want to program but you want to make money and you
> > have
> > > > some
> > > > ideas of how to do that then I suggest you spend it on
> > someone
> > > > to
> > > > write code for you as opposed to some product with canned
> > > > systems in
> > > > it ... As I said ( or asked ) before ... Do you really
> > believe
> > > > that
> > > > someone has a system for sale that makes money ? At one time
> > I
> > > > used
> > > > to be privy to every piece of existing or new trading
> > related
> > > > software coming on the market some of which had price tags
> > an
> > > > order
> > > > of magnitude and more beyond what TradingBlox wants to
> > charge
> > > > ...
> > > > I've yet to see a canned system that worked well out of
> > sample
> > > > ...
> > > > You wanna spend two grand for the personal experience ...
> > Don't
> > > > let
> > > > me stand in your way.
> > > >
> > > > By the same token one can find little gems out there that
> > aren't
> > > > very
> > > > complicated that can be successful ...
> > > >
> > > > Here are the returns for a nice simple 4-line system over a
> > 13
> > > > year
> > > > period of RUT. There was no optimization to this as it has
> > NO
> > > > parameters thus it is all out of sample ...
> > > >
> > > > Statistics | Charts | Trades | Formula | Settings | Symbols
> > > >
> > > > Statistics
> > > > All trades Long trades Short trades
> > > > Initial capital 10000.00 10000.00 10000.00
> > > > Ending capital 3944049.63 2842235.59 1111814.04
> > > > Net Profit 3934049.63 2832235.59 1101814.04
> > > > Net Profit % 39340.50 % 28322.36 % 11018.14 %
> > > > Exposure % 99.97 % 58.48 % 41.48 %
> > > > Net Risk Adjusted Return % 39352.98 % 48427.54 % 26559.78 %
> > > > Annual Return % 61.43 % 57.24 % 45.85 %
> > > > Risk Adjusted Return % 61.44 % 97.88 % 110.53 %
> > > >
> > > > -------------------------------------------------------------
> > ----
> > > > -----
> > > > ----------
> > > >
> > > > All trades 1227 614 (50.04 %) 613 (49.96 %)
> > > > Avg. Profit/Loss 3206.23 4612.76 1797.41
> > > > Avg. Profit/Loss % 0.50 % 0.62 % 0.39 %
> > > > Avg. Bars Held 3.57 4.00 3.13
> > > >
> > > > -------------------------------------------------------------
> > ----
> > > > -----
> > > > ----------
> > > >
> > > > Winners 570 (46.45 %) 330 (26.89 %) 240 (19.56 %)
> > > > Total Profit 6381352.25 3861524.30 2519827.95
> > > > Avg. Profit 11195.35 11701.59 10499.28
> > > > Avg. Profit % 1.61 % 1.59 % 1.64 %
> > > > Avg. Bars Held 5.00 5.42 4.42
> > > > Max. Consecutive 7 11 5
> > > > Largest win 267549.47 267549.47 231569.01
> > > > # bars in largest win 10 10 12
> > > >
> > > > -------------------------------------------------------------
> > ----
> > > > -----
> > > > ----------
> > > >
> > > > Losers 657 (53.55 %) 284 (23.15 %) 373 (30.40 %)
> > > > Total Loss -2447302.62 -1029288.71 -1418013.91
> > > > Avg. Loss -3724.97 -3624.26 -3801.65
> > > > Avg. Loss % -0.45 % -0.50 % -0.42 %
> > > > Avg. Bars Held 2.33 2.36 2.31
> > > > Max. Consecutive 8 6 12
> > > > Largest loss -92804.31 -55524.28 -92804.31
> > > > # bars in largest loss 2 2 2
> > > >
> > > > -------------------------------------------------------------
> > ----
> > > > -----
> > > > ----------
> > > >
> > > > Max. trade drawdown -92804.31 -86737.98 -92804.31
> > > > Max. trade % drawdown -4.65 % -4.65 % -4.58 %
> > > > Max. system drawdown -228156.35 -169809.15 -191309.55
> > > > Max. system % drawdown -9.02 % -9.52 % -18.62 %
> > > > Recovery Factor 17.24 16.68 5.76
> > > > CAR/MaxDD 6.81 6.01 2.46
> > > > RAR/MaxDD 6.81 10.28 5.94
> > > > Profit Factor 2.61 3.75 1.78
> > > > Payoff Ratio 3.01 3.23 2.76
> > > > Standard Error 548831.63 338884.76 217581.17
> > > > Risk-Reward Ratio 0.35 0.36 0.32
> > > > Ulcer Index 1.42 2.01 5.62
> > > > Ulcer Performance Index 39.58 25.84 7.20
> > > > Sharpe Ratio of trades 2.28 2.43 1.67
> > > > K-Ratio 0.0223 0.0228 0.0207
> > > >
> > > > ... and the AFL ?
> > > >
> > > > Buy = C > Ref(C, -1);
> > > > Sell = C < Ref(C, -1);
> > > > Short = Sell;
> > > > Cover = Buy;
> > > >
> > > > This won't work past mid 2000 ... but put it up on RUT prior
> > to
> > > > that
> > > > time ... you'll be suprised what little nothing systems can
> > do ...
> > > >
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, allansn@ wrote:
> > > > >
> > > > > Fred,
> > > > > I know you may find it hard to believe,but Blox is a very
> > > > reputable
> > > > product.We may all agree that it dam well should be for
> > close to
> > > > 3,000,but it doesnt take away from the fact that it is..I am
> > > > sure you
> > > > are aware that not everyone is as gifted as you and many
> > others
> > > > when
> > > > it comes to programming,and there are many incredibly
> > successful
> > > > traders who do not employ systems at all...
> > > > >
> > > > > I have followed this board for quite some time,and am
> > exremely
> > > > impressed at the depth of knowledge and higher understanding
> > of
> > > > topics such as ploynomial trendlines and Hurst cycles.This
> > board
> > > > is
> > > > exceedingly oriented toward the "technology/programming"
> > > > crowd,but
> > > > in no way is that the only method of trading.
> > > > >
> > > > > In the final analysis,the best tool is the one you can and
> > > > will use.
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > ----- Original Message -----
> > > > > From: Fred
> > > > > Date: Monday, October 16, 2006 3:32 pm
> > > > > Subject: [amibroker] Re: Amibroker vs. other software
> > > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > >
> > > > > > Given your description one would assume what you get
> > with TB
> > > > is
> > > > > > a
> > > > > > variety of Black Boxes ... As a result one would need to
> > ask
> > > > > > themselves the following questions ...
> > > > > >
> > > > > > 1. How likely is it that someone would sell a profitable
> > > > trading
> > > > > > system ... at any price ?
> > > > > >
> > > > > > 2. Do i really want to trade a system that I can't see,
> > so
> > > > as a
> > > > > > result I won't how it operates nor if and when it's
> > broken
> > > > or
> > > > > > why
> > > > > > nor will I be able to "fix" it ?
> > > > > >
> > > > > > There are probably a dozen other questions but those two
> > > > should
> > > > > > be
> > > > > > enough ...
> > > > > >
> > > > > > --- In amibroker@xxxxxxxxxxxxxxx, "Angelo" wrote:
> > > > > > >
> > > > > > > Hi,
> > > > > > >
> > > > > > > I was forgetting two other real important differences:
> > > > > > >
> > > > > > > - Amibroker can test intraday data, Trading Blox
> > doesn't
> > > > allow
> > > > > > > intraday testing;
> > > > > > >
> > > > > > > - Amibroker can build weekly and monthly data to test
> > > > starting
> > > > > > from
> > > > > > > daily data and can emply more than one timeframe in
> > > > testing
> > > > > > (Ex
> > > > > > Elder
> > > > > > > Triple screem system). Trading Blox doesn't.
> > > > > > >
> > > > > > > Greetings,
> > > > > > >
> > > > > > > Angelo.
> > > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > >
> >
> >
> >
> >
>
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.1.409 / Virus Database: 268.13.27/517 - Release Date: 11/3/2006
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