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I am a novice system developer.
I have been working on an end-of day system using AIQ's Builder
Design Studio and have developed a system that:
Tested for 1997: returned 37.23% ROI against 29% for SPX.
had 2018 winning trades v. 323 loosers
had an average profit of 3.90% per trade
BUT over 2/3 of trades yielded wins of 1 point or
less.
Evaluated with AIQ Expert ratings with buys only during confirmed
upmoves (confirmed with Phase) it had a ROI of over 80% (this is
difficult to test) and 90% winning trades.
Evaluated with stocks from my favorite list and using AIQ Expert
Ratings the system yielded over 500%ROI with about 30 trades a year.
(this also is hard to test since my list changes monthly) with 99% wins.
(I am actually getting 100% wins but there must be a loser sometime)
Nevertheless, 1/2 of the wins are less than 1 point.
The system results appear to be reproducable. The above statistics
are from trades at the opening of the day following a given signal.
The system uses MFRSI and MACD with sells based exclusively on
capital and profit protection targets.
Would appreciate any comments or suggestions.
Steven Booska
Would appreciate any comments
.
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