Even simpler profitable method
- Thread starter Pekelo
- Start date
Quote from KS96:
Yes. Have you heard of his "Williams R%" system
from the thread with the same name?
Oh, KS, long time no see! How is the ball doing? Last 2 morning calls were crap, but I wish you good luck with that fries....
Explanation: he is the guy who wants to know my systems' exact rules for free...Not to mention he got pissed off by me in another thread, and trying to get a revenge.
Quote from Pekelo:
Oh, KS, long time no see! How is the ball doing? Last 2 morning calls were crap, but I wish you good luck with that fries....
Explanation: he is the guy who wants to know my systems' exact rules for free...Not to mention he got pissed off by me in another thread, and trying to get a revenge.
huh? what are you talking about?
I never got pissed off at you. Relax mate...
"your rules for free"
get real. I was just tryingto tell you that you can't backtest a system by eye.
That's all.
Sorry, if I confused you with somebody. It happens...
OK, fair enough. Anyway, going back to the posted backtest, I never said this strategy made money 20 or 5 years ago. It has been in the last year, according to the backtest, the last 15 trades (which is appr. 1 year) were profitable.
Now it is easy to see that a strategy like this (just like the MACD crossover one) makes money in trending markets and loses in sideways action. Market behaviour changes over time so statistically speaking in the next 2-3 months this strategy shouldn't work...
P.S.: I read your "Write down the exact rules of your system,.." out of context, my bad....
OK, fair enough. Anyway, going back to the posted backtest, I never said this strategy made money 20 or 5 years ago. It has been in the last year, according to the backtest, the last 15 trades (which is appr. 1 year) were profitable.
Now it is easy to see that a strategy like this (just like the MACD crossover one) makes money in trending markets and loses in sideways action. Market behaviour changes over time so statistically speaking in the next 2-3 months this strategy shouldn't work...
P.S.: I read your "Write down the exact rules of your system,.." out of context, my bad....
This is a reference to the thread Reveal your strategy?
http://elitetrader.com/vb/showthread.php?threadid=80120
Here is a chart of the Dow. The last long entry was at dot #1, I posted this strategy 2 days later at dot #2 and 350 Dow points and a month later there was an exit signal at dot #3.
I bet nobody traded it...I didn't mind to share it because I knew nobody would trade it...
http://elitetrader.com/vb/showthread.php?threadid=80120
Here is a chart of the Dow. The last long entry was at dot #1, I posted this strategy 2 days later at dot #2 and 350 Dow points and a month later there was an exit signal at dot #3.
I bet nobody traded it...I didn't mind to share it because I knew nobody would trade it...