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This is unfortunate if true, I wonder what the big deal of a full number
upgrade is when these system testing inadequacies are not addressed.
----- Original Message -----
From: Allan Havemose <havemose@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, January 13, 2000 3:21 PM
Subject: Re: Rating trading systems & 7.0?
> Neither has been addressed in 7 Pro, so I doubt they are in EOD.
>
> Also, you still cannot enter on a stop and have the entry price be
> correct, etc.
>
> Allan
>
>
> --- John <Johnonetoo@xxxxxxxxxxxxxxxx> wrote:
> > New Version 7.0 eod?
> >
> > Does anyone know if any of the system tester inadequacies will be
> > resolved
> > in the upcoming 7.0 version? In particular my concern is with:
> >
> > 1) The inability to test using "a constant investment per trade" as
> > you
> > mention Rudolf.
> >
> > 2) The very important option I find missing of being able to
> > reference the
> > entry date and entry price from within the formula language. I do
> > appreciate
> > Equis' small step in this direction of allowing different fields for
> > entry
> > and exits as of version 6.52.
> >
> > Best... John Rastutis
> >
> >
> > ----- Original Message -----
> > From: rudolf stricker <lists@xxxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Thursday, January 13, 2000 8:58 AM
> > Subject: Re: Rating trading systems
> >
> >
> > >
> > > Onno,
> > >
> > > thanks you for this interesting results.
> > >
> > > On Mon, 10 Jan 2000 20:10:51 +0100 (CET), you wrote:
> > >
> > > >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%.
> > >
> > > First: Do I assume right, that you used "reinvest 100%" in your
> > tests,
> > > which is a Built-in MetaStock feature?
> > >
> > > If so: Imo this is not a very good measure for the profitability of
> > a
> > > trading system, because _the sequence_ of the trading results has
> > an
> > > important influence on the global result. This makes the results
> > > doubtfully in terms of generalization.
> > >
> > > Imo, a _constant investment per trade_ should be used in system
> > test
> > > to avoid those "immanent & uncontrollable weighting" over time.
> > > Unfortunately, this is not implemented as a standard feature in
> > > MetaStock.
> > >
> > > Secondly: Did you trade the AEX directly?
> > >
> > > If so: Probably, this cannot be done in reality. So what about
> > > switching to options of the AEX, just to compare your results with
> > my
> > > DAX results ...
> > >
> > > mfg rudolf stricker
> > >
> > > BTW: Did you do anything into the direction of generalization
> > control?
> > > | Disclaimer: The views of this user are strictly his own.
> > >
> >
> >
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