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On Tue, 28 Jul 1998 00:12:34 -0500, you wrote:
>You can't, system tests aren't reality.
??? -- There is _too much_ reality in MS' system test concerning the
"immanent weighting", because in reality, there is the same effect, if
I re-invest all the money. But I do not like this type of reality,
because I want a test of my trading strategies _without_ any
(uncontrollable) weighting, which depends from local return rate vs
time.
>They should be used to compare in a
>relative manner the effectiveness of many systems. Since all use the same
>test perimeters, does it matter?
Different strategies normally will have different return rates vs
time. So they will have different immanent weightings, and the results
show the effects from this uncontrollable weighting, which may hide
the true quality of the trading system.
Therefore,
>>Imo, there should be a capability for a _constant_ investment for
>>every single trade, because this is the only way to do a reliable
>>rating for a sequence of trades.
>>
>>So my question is: How can I set-up such a sequence of trades with a
>>constant investment for every trade, using Metastock's SystemTest?
Again: Any hint is welcome.
mfg rudolf stricker
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