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Better to go to a cheap place and pay capital gains tax than to an expensive place and pay no tax. No free lunch.

Oh boy, sound like a post in a arpa-net bulletin board in the 1970s.

Hi Iron. What do you mean by complex candlestick patterns? If you are looking for OHLC complex price patterns then maybe you want to take a look at price action lab. Google for it. It has a scanner that can do any number of names in EOD mode and it will tell you historical win rate, number of...

Does it make any sense? Has anyone used it with success or is it just another buzzword of the software industry? IMO an optimized system - is an optimized system, whether that is done stepwise or not. More importantly, I could think of some cases where walk forward optimization would produce...

Does anyone know of a commercial downloader of free data (Yahoo, Google, etc.) that offers the choice of adjusting stock data for splits only but not for dividends?

I was talking to a certified technical analyst the other day and he insisted that no chart pattern is valid unless it moves in the expected direction and reaches its target. He then argued that all valid TA chart patterns are 100% accurate and the ones which do not evolve as expected are just...

+ Amibroker is IMO the best backtesting tool in the market for the money. www.amibroker.com You can even use the free version and modify the existing sample startegies. I think they have support/resistance level code in their free library. It downloads data from yahoo. No need to pay...

There was a paper posted here in the past showing how TS2000i missed all sorts of entry signals in backtesting mode. It is amazing they got away with that...I guess most traders are not just losers, they are also stupid...

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Could you pls justify your statement? A math proof may be accepted. I say maybe...

Why should I read a book by a guy with a Ph.D. in psychology who is suspected he has never traded?

Thank you.

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Good you should apply for the Nobel prize. Do they have one for trend followers with a 70% win rate? Unless you don't understand what trend following means in which case you are excused due to ignorance. BTW the expectancy formula your sim results rely on is a very simplistic, almost...

Interesting... From your website and blog it is clear that you managing client money and all your charts have MACD on them. Maybe that is where the other poster picked up the MACD. You have also posted the same results on your website to sell the system to clients.

Silly argument. These people have no idea of what happend in WWII. Owners of gold were able to feed themsleves and purchase land cheap from starving owners. During crisis times there is transfer of wealth to gold owners who become the next wealthy class.

if you have 100 systems in TS and you want to rank them you should backtest them and output the performance parameters to excel. Then, rank the systems there.

+1 Thanks

Which criteria? Just backtest them in TS and rank them.

Stop looking at charts if you want to make money. Get one of those old quote monitors and study the tape. Charts are for losers.