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Re: Gary Rosenberg <gbrosenberg@xxxxxxxxxxxxxxxx>: Help with Formula



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On Fri, 2 Jan 1998 14:57:21 -0600 "Richard Estes" <restes@xxxxxxxxx>
writes:
>If it is a good scan than you should show excellent results on a 
>system
>test. How does it test?
>>buy area:
>>Stoch(5,3)<20 or rsi(14)<30
>>
>>sell area:
>>Stoch(5,3)>80 or rsi(14)>70
>>
>>mike

i tested it on BK and results are pretty good:
net profit  total trades   winning     losing
  340.58%        22               17              5

but note: in strong markets (trending) you miss a large portion of the
move.

mike