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Re: [amibroker] Re: My First system



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Trading Reference Links

and perhaps something to do with coding in amibroker could be included
as this is the purpose of this group
there is a group called amiboker-ts for discussion of trading systems

-- 
Cheers
Graham
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Yes, I write AFL code to your requirements
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On 05/02/07, brian.z123 <brian.z123@xxxxxxxxxxxx> wrote:
> Hello Sursod,
>
> Thankyou.
>
> I don't have the time to become involved in a lot of that type of
> discussion, and also the forum isn't the best possible place for it.
>
> On the other hand, I do have a bee in my bonnet about the absolute
> rubbish that is put around about trading on the net.
> I think collectively the forum can do a bit better with a little
> informal guidance here and there.
>
> You make some interesting points for discussion.
>
> To be fair to Mr Pardo.
>
> The book was written in the early 90's, its a short book and it
> appears to be intended as an introductory text.
> It does do a good job of that.
> It does set out all of the concepts in a logical and understandable
> way.
> I admit I am a very hard marker.
>
> It's certainly a book I that I go back to.
>
> I would like to have seen his more advanced concepts or a more in
> depth discussion of exceptions etc.
>
>
> When I say that I don't agree with all of his conclusions that is my
> way of placing a disclaimer to indicate that I don't believe people
> should follow anyone blindly.
>
> On the other hand, I appreciate that it is *a cheap shot* to make
> contrary statements without any supportive argument.
> At some time in the future, when I can do a proper job of it, I might
> lay out the arguments to support some of the statements I have made
> about stats and system design etc. and give the forum a chance to
> make their critique.
>
> Brian   *:-)
>
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "sursod" <sursod@xxx> wrote:
> >
> > Hi Brian,
> > I enjoy your posts of ideas.
> > I agree with you regarding derivative indicators although I use
> > Stochastics (SRSI) and Bollinger Band of RSI, both derivative of
> > derivative of price. Personally I do not rate any TA indicator as
> > better than 35-65% accurate and often randomness decides when. It
> is
> > more important to know the indicator we use so we understand when
> it
> > might fail then to chase newer and fancier indicators thinking
> > computation sophistication equates the holy grail.
> >
> > I value Pardo's book on systems design very much but ultimately we
> > have to make our own rules and write our own script, there is no
> > holy bible and no absolute truth except the inconvenient truth at
> > the bottom line of the trading account.
> > Sursod
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "brian.z123" <brian.z123@>
> > wrote:
> > >
> > > Hello Bill,
> > >
> > >
> > > I'm pleased you read the reply as I hadn't seen you around for a
> > > couple of days and thought you might have disappeared.
> > >
> > > Trialling (it's not in my dictionary either - I haven't been to
> > > school for a while) = = trial and error (paper trading or virtual
> > > trading where you visualise the outcomes of your systems in your
> > > minds eye or imagination).
> > >
> > > I base this approach on my theory of success (template) = = theory
> > > (reading?)followed by practice (backtesting?) followed by
> > application
> > > (trading or virtual trading) and then back to the drawing board
> to
> > > fix up your mistakes - the path to success is perpetual
> > application
> > > of the above cycle (continuous improvement in business terms).
> > >
> > > I discussed *The Success Template* in more detail in a previous
> > topic
> > > on Trading Psychology.
> > > It was of minority interest only and some forum members didn't
> > like
> > > it at all so it may not be to your taste either.
> > >
> > > Trading bank = = trading capital = = the amount of money you have
> > to
> > > trade with.
> > > Depending on your definition of ruin i.e all of your capital is
> > gone
> > > or 50% of your capital is gone, once you trade to ruin it is game
> > > over until you can put together another stash (by the way ruin
> > isn't
> > > in my trading goals).
> > >
> > > I understand your point on AccDis.
> > >
> > > I am a liberal and free thinker.
> > > As far as I am concerned feel free to speculate and use examples
> > etc
> > > in discussions.
> > > There is no pressure on from me to be correct.
> > > It is only a discussion.
> > >
> > > If you are going to write a book etc it is a different matter.
> > >
> > > Brian*:-)
> > >
> > > P.S
> > >
> > > I am not a training guru so feel free not to believe anything you
> > > can't verify for yourself.
> > > When in doubt put it in the holding pen.
> > > If it doesn't stack up throw it in the rubbish bin.
> > >
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, Bill Halliday <halliday_mo@>
> > > wrote:
> > > >
> > > > Brianzee123,
> > > >
> > > >   Thank you for your response. I appreciate them very much.
> > > >
> > > >
> > > >   Am I on the right track?
> > > >
> > > >   Definitely.
> > > > It's a long way to the top though.
> > > >
> > > >   Unquestionably true!
> > > >
> > > >   Suggest improvements to your approach?
> > > >
> > > >   Keep doing what you are doing (reading, thinking,
> questioning,
> > > > discussing, trialling; you are in good company with AmiBroker).
> > > > It will be interesting to see what you can do in a few years if
> > you
> > > > are still around.
> > > >
> > > >   I will read, think, and question. Discussing my findings in
> > this
> > > >   forum is the way I plan to verify/focus my approach.
> > > >   Trialling isn't in my dictionary, what is it?
> > > >
> > > >   Suggest improvements to your system development?
> > > >
> > > >   I would say to think carefully about the criteria you use to
> > > evaluate
> > > > your systems (there is discussion in Pardo about this-I will
> > read
> > > it) and to
> > > > understand the principles of money management thoroughly (there
> > are
> > > > 1000's of systems but you only have one trading bank).
> > > >
> > > >   I'm not faminiar with the term: trading bank, what is it?
> > > >
> > > >   My initial reason for starting the document was to learn what
> > a
> > > >   system was composed of and how to put one into practice.
> > > >   It's a start!
> > > >
> > > >   Soon I'll be up to the place where I can set realistic goals
> > for
> > > a system.
> > > >   As you point out, the Accumulation/Distribution System wasn't
> > > intended
> > > >   to be used as a system, but was only used for the purpose of
> > > learning
> > > >   to think/write/plan etc. in "Systems".
> > > >
> > > >   Thank you for reviewing my approach and providing comments on
> > it.
> > > >
> > > >   I look forward to your comments on my next offering.
> > > >
> > > >   Bill
> > > >
> > > >
> > > > ---------------------------------
> > > > Have a burning question? Go to Yahoo! Answers and get answers
> > from
> > > real people who know.
> > > >
> > >
> >
>
>
>
>
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>
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