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Onno:
Thanks for your comments. I guess that there is no single way to evaluate
the best system. Comparing with buy and hold, with the MS system, or with
an index are all legitimate methods.
Lionel
----- Original Message -----
From: "Onno Goedknegt" <goedkneg@xxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, January 10, 2000 1:10 PM
Subject: Re: Rating trading systems
> Dear Herman,
>
> The best system I have developed is the one for the Dutch stock index
(AEX).
> I used period 1990-1998 for optimalisation.
>
> Period 1990-now:
> Maximum profit: 5972 points (=100%)
> My best trading system: 2118 points (35%)
>
> The rest of my trading systems score 5 to 15%.
> I don't know if this number gives a good idea about the quality of a
trading
> system. I think you need more numbers like maximum drawdown, MAE, most
> consecutive losses and so on.
>
> Onno
>
>
>
> At 12:31 PM 1/10/00 -0500, you wrote:
> >Hi,
> >
> >How would you rate the performance of a custom developed trading system?
> >What performance ratio would be considered an accomplishment as compared
to
> >the MS MaxProfit system?
> >
> >Happy trading!
> >Herman
> >
>
>
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