Are there pullback systems that backtest well?

Quote from SumJurk:

Hi...I'd be happy to share the details. Because, I want everybody to be going long or short when I do the same... :)
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Hey SumJurk,

What's holding you up? Be our guest!

:p
 
Quote from nononsense:

Hey SumJurk,

What's holding you up? Be our guest!

:p
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I just fade intraday highs and lows. Big secret...huh.

But, some days, there's a bunch of us doing it, and we can make some good money.
 
Nitro speaks the truth.

WDGann is drunk. :D


peace

axeman



Quote from nitro:

I use TradeStation, Mathematica, Matlab, and C# for my system testing.

FWI, I am very close to agreeing with limitdown. It is INCREDIBLY hard to backtest _correctly_. If you use _only_ the tools as they are sold that are on the market to come up with a winning system, I would say that is nearly impossible to do so.

I use TS to protoptype an idea. But once I think I have something, I go to one of the other programs, eventually landing in C# for the production system, often in conjuction with Excel.

It is an incredibly hard road...The ideas that I have used to come up with winning futures systems, I have never seen before...

nitro
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Quote from Walther:

Would you post some of those ideas you have not seen before ? I mean those you are not recently using .
Thanks,
Walter
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No.

You're welcome.

nitro
 
Quote from WDGann:

Bwahahahhahahahahaahahahahahahaha!!!!

Nothing's free!!!
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GANN

Can you believe it? We are up at 2:00AM researching, and these guys want what we don't "use" anymore, to top it all, while they are sleeping.

Sheesh!

nitro :(
 
Quote from jimcrist:

I'm a swing trader that trades breakouts using a system I developed and backtested. I tried to develop and backtest a pullback system, but I was never able to find a system that backtested well. I'm curious as to why this is. Is it 'cuz breakout systems are just better than pullback systems or is it 'cuz I never hit on a good system or what? Does anyone have a pullback system that backtests well? Any insights on this conundrum are appreciated.
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My model, since it is orginally a mathematical model, doesn't reason directly in term of pattern, but I am now categorising some typical behavior and the one I have untitled Bullish Inverted Structure is typically a pullback pattern. I am in the process of formalising the definition so as to eliminate any fuzinesss and will then compile statistics - although I have already a good idea of what statistics should be but I will quantify exhaustively and very precisely once the definition is fixed -
see trending days
http://www.elitetrader.com/vb/showt...779&perpage=6&highlight=trending&pagenumber=7
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=418698>
 
Interestingly, what is a pullback, anyway?

A series of price actions that collectively are evaluated as a pullback by some traders can be practically measured as a combination of an uptrend and an downtrend by others! :mad:

:confused:
 
Quote from nitro:

No.

You're welcome.

nitro
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Nihil novum sub soleil... or something like that .
Only approach might be innovative, like using 3d projection of price movement to predict future price turning points. Or better yet using unusual combination of indicators and or known methods.

Shees.. I thought you know that
 
I don't understand what you are trying to tell me.

nitro
Quote from Walther:

Nihil novum sub soleil... or something like that .
Only approach might be innovative, like using 3d projection of price movement to predict future price turning points. Or better yet using unusual combination of indicators and or known methods.

Shees.. I thought you know that
More...
 
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