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Whoa! Cool down! I think your brain has melted from trying to decipher all that Grobian Voodoo. 1. That's not the trade I was talking about. So now I see there are others made at prices the stock didn't trade at. At this point, that doesn't surprise me. 2. You're rewriting history...

Spydertrader, I'm not usually one to knock someone who appears to be slugging it out in the trenches. I say appears because a very quick look at your journal shows at least one trade taking place at a price the stock didn't trade at that day. Anyway, your response seems more like something...

Hi MAK, Thanks for actually putting some thought into your reply :-) I've been a practitioner of MCS for many years myself and do like Acrary's stuff. Agree with your point on MACD and Stoch... I've also found that complementary indicators can be tuned to yield something together that...

Wow, so many contradictions! I pointed you to a whole site of real-money, real-time funds, many of which are traded mechanically, and you still doubt it? You wrote: "When you have umpteen thousand people looking at the same thing where is there room for an edge?" First of all, who...

P.S. For those who subjectively dismiss objective backtest results, not only without trying to replicate them but without even knowing how, I leave the following thought from the late Carl Sagan: "In science it often happens that scientists say, 'You know that's a really good argument; my...

Can do, easy! Let's start with a name that should be familiar. Remember William Eckhardt of the Turtles? Go to: http://www.iasg.com/mainframe.asp? Select the "Manager Database" tab near the top of the page on the left. Scroll down to and select Eckhardt Trading-Standard, where you'll...

I didn't think you did (have the capability to conduct a backtest with historical fundamental and technical data). From what you've written it wasn't an assumption, it was a conclusion.

Backtesting is a tool and depending on how it's used, can produce garbage or insight. It may be difficult or even impossible to backtest "rockets" with stocktables.com and wealthlab but having the capability to correctly backtest fundamental and technical criteria together will improve...

Hi MAK, Of course I used historical fundamental data! Thought I explained that but must not have been clear. I used only data that was available at the time of each test period -- historical technical and historical fundamental -- and tested longs only. First (per the criteria Jack...

Excuse me but why do you think I'm asking you for help? Do you even have the capability to conduct a backtest with historical fundamental and technical data?

Wrong. Time exits measure "rocket" entries in isolation. Which is exactly what I wanted to do. If you use any other type of exit you confound the results and then lose how much of the mileage is from the entry and how much is from the exit. BTW I tested exactly what Jack had written, with...

Didn't look at equity curves. Looked at distributions of trades. See my reply to easyrider for more details.

I tested "rockets" because specific criteria for them were posted and because the concept seems to make a lot of sense... trade stocks with good earnings (EPS) that are leading the pack (RS) and showing recent momentum (Stoch). But the results were unimpressive, perhaps because stocks meeting...

That's because "rockets" can't get up enough thrust for liftoff and they fizzle on the launching pad or even blow up. In a rare moment of clarity, the maestro himself described "rockets": I recently THOROUGHLY backtested "rockets" using the EPS and RS rankings that were available at the...

Why don't you test them and find out for yourself, instead of taking someone's word for it?

Hello, from what I understand there's no definitive method for calculating dry up. However, somewhere I saw this link and would like to use these as a starting point. I don't speak TC2000 but would think that AVGV30 means a 30 period simple moving average of volume. Correct? What then is...

If that's the only explanation you can come up, you're clearly not the brightest bulb on the tree. :)

Thanks for the heads up but it's self-evident that I need to backtest with the EPS and RS rankings that were available at the time of the backtest. I'm testing (with the Stoch adjustment Jack gave me) what's in the 'Bruno R' post... specifically: "To find a rocket you only have to have...

Thanks for the update on the settings. Not exactly on the exits. My first round of testing will be with time exits. Anything else would confound the results. I won't bother with other exits unless the entries show an edge on their own.

Thanks for the list but if you understood what I wrote about how I stress test, you might have deduced that I'd need to use historical data containing up, down and sideways market periods. Thanks for the resource but I have my own database. Also, if I didn't think this was worth testing, I...