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Super,
Thanks
for taking some time to help me!
I know
how to get the results from the Explorer, I do not know how to get the results
from the System Tester.
I am
excited to try what you suggest but need a little more help to
start.
Scott
Scott,
Here's an idea that you can
use to test your theory. I explained how
to copy results from an
exploration into excel and then from excel
back into various MS
lists.
Run your systems test year by year on your expert.
Sort
the test alphabetically, and then copy the entire test for each
year into a
new excel worksheet for that year.
From each worksheet copy the symbol
and it's annual percentage return
into a new worksheet. Once you have
delete symbols that don't match
across all ten columns, you can delete all
of the symbols except the
first year's. You'll be left with a year by year
comparison of the
return on each symbol with your expert.
You can
then see which symbols were consistently profitable and which
one weren't.
This will answer your question.
--- In
Metastockusers@xxxxxxxxxxxxxxx, "Scooter" <mariani@xxxx> wrote:
>
Super,
> I did read Mr. Wright's series of articles as you
suggested
previously. I
> found it very informative. I found that I
was already doing many of the
> things he suggested in developing a
system. I have applied many of
the ideas
> he talked about since
reading the articles, more like a book!
>
> He does not address
the validity of throwing out losers, based on a
system
> test, from
an available list of potential stocks to trade.
>
> I know there
are a cagillion system developing books to read. I will
pick up
> a
few to read when I have the time.
>
> Can you C&P system test
results from MS8.0?
>
> Scott
>
>
>
-----Original Message-----
> From: superfragalist
[mailto:jackolso@xxxx]
> Sent: Wednesday, April 13, 2005 8:34 PM
>
To: Metastockusers@xxxxxxxxxxxxxxx
> Subject: [Metastockusers] Re:
System Tester Results (Redu)
>
>
>
>
Looks like you're using the systems tester without much knowledge
of
> systems development.
>
> Read
a few books on system design and then you'll see you're
wasting
> your time.
>
> There's a
very good article on this coming up in the May issue of
>
Roy's newsletter.
>
> Don't ask for book
recommendations because one book won't do it.
> You'll need
to read around a dozen or so systems development books to
>
get a really good take on how things work. Once you've done
that,
> you'll soon figure out that using TA by itself is
not the best method
> for picking stocks to trade, the
performance of any system based on TA
> is going to
dramatically change each year with a lot of losing years,
>
there are no indicators that work even reasonably well across
a
> variety of stocks or in changing market conditions, and
searching
> thousands of stocks every night for something to
trade is in the long
> run a losing idea.
>
> Does that mean you can't make money using TA. You can,
but you have to
> have a well thought out strategy and apply
the strategy appropriately
> for the market
conditions.
>
> I'm amazed at how many people that
refuse to spend a dime on
> education, information, good
data or anything else that might help
> them, but they'll
pay a guru thousands for useless trading methods or
> lose
thousands more making bad trades. It's baffaling.
>
>
You can read Charlie Wright's series of articles called Trading as
a
> Business. That will give you some basics about how to
approach this.
> Read all the articles in the series. They
all have something important
> to say.
>
> http://www.elitetrader.com/tr/index.cfm?s=17
>
> Give Roy's newsletter a try. It's all about MS with the
code for
> everything discussed in it. You'll learn more
from that in a few hours
> of reading the back issues than
you will from playing with the systems
> tester for next few
years.
>
> www.metastocktips.co.nz
>
>
>
>
>
>
>
> --- In
Metastockusers@xxxxxxxxxxxxxxx, "Scooter" <mariani@xxxx>
wrote:
> > O.k.,
> > I have finally
cooked the indicators enough (nothing new) to come up
> with
a
> > system that is profitable over several different
period back tests,
> at least
> > in
MS. My question is, do I remove the loosing or zero trade
tickers
> from my
> > potential list of
tradable tickers I will run my Exploration on when
>
looking
> > for a new trading opportunity? MS seems to be
keen on "cleaning
up" by
> > removing the losers.
Doesn't make sense to me to say because the
> tickers
did
> > not hit or make a profit over x amount of periods
they will not
make a
> > profit in the future. Or does
it increase my potential
profitability by
> > removing
them? Can I somehow export the remaining ticker symbols to
>
excel or
> > csv so I can adjust my HSQuote list
accordingly?
> > Thanks, Scott
>
>
>
>
>
>
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