Looking for quantitative analysis site

Sergio77 said:
Why? because they back-test some idea, get 10 trades and publish the results. The funny thing is that they consider themselves quants when in fact they are fools.[/quote

True .Some people have no regard for rigor or statistically significant results. On the TradeStation forum I follow a few people who are serious statisticians who also have great coding skills. Are there people like that on this site? If so, what are there handles?
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Carlos Hathcock said:
lol basher - So what is your trading method?
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it's a fair question you are asking. I have some mechanical systems but I never follow every trade and I admit that. I don't like automated trading because for me trading is fun and I want to do it. I also like to trade whenever I feel like, not when the systems issue signals. I use Multicharts and a price pattern scanner that comes with a software called Price Action Lab. This program identifies price patterns based on my criteria and it has a portfolio backtesting feature you can use to see how they have done on a large group of symbols and this gets you a large sample of trades. I trade high cap stocks and I backtest the price patterns on historical data from 500 stocks to see how they have performed. I want to see more than 5,000 trades on the portfolio and a profit factor greater than 1.3 with at least 280 of the symbols winners. I then use code that this program generates to test the patterns in Multicharts with a 100-ma and RSI (14) filter. If price is above the 100-ma and RSI(14) is less than 50 but greater than 30 I apply another filter (my secret:)). This requires some work but it's fun. Most of the hard part is automated though. It takes a few minutes to scan all the tickers I follow after the market close, the portfolio backtest is done in less than a minute and my own analysis takes about an hours. I hope I answered your question.
 
bashatrader said:
it's a fair question you are asking. I have some mechanical systems but I never follow every trade and I admit that. I don't like automated trading because for me trading is fun and I want to do it. I also like to trade whenever I feel like, not when the systems issue signals. I use Multicharts and a price pattern scanner that comes with a software called Price Action Lab. This program identifies price patterns based on my criteria and it has a portfolio backtesting feature you can use to see how they have done on a large group of symbols and this gets you a large sample of trades. I trade high cap stocks and I backtest the price patterns on historical data from 500 stocks to see how they have performed. I want to see more than 5,000 trades on the portfolio and a profit factor greater than 1.3 with at least 280 of the symbols winners. I then use code that this program generates to test the patterns in Multicharts with a 100-ma and RSI (14) filter. If price is above the 100-ma and RSI(14) is less than 50 but greater than 30 I apply another filter (my secret:)). This requires some work but it's fun. Most of the hard part is automated though. It takes a few minutes to scan all the tickers I follow after the market close, the portfolio backtest is done in less than a minute and my own analysis takes about an hours. I hope I answered your question.
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Thank you for your thoughtful response.
 
Why would anyone want to backtest in a public platform instead of getting something like Amibroker and doing it for own benefit? Unless I am missing something.
 
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