Quote from Ivan:
Hey Jonny,
have you got updated software that I don't know about ? Where did you get the % column and percentfrommean chart ? I'm running the same version according to your pic (2.50727) but I can't find those settings...
regards
Ivan
Yes Im on their beta testing list, just send an email to them requesting to be placed on the list. They give you a special link to download the lastest update from. Pretty cool the new % from the mean feature, shows the profit potential of each trade and how far in % terms the pair is currently from its mean, good to see in addition to stdev +/- from the mean as the stdev can get smaller in a time period and still produce a signal but for eg, may be only 2% from its mean, when historical divergences average 6%. You can chart it aswell. Also they improved backtesting dramatically, you can see heaps of new readings for each pair like winning %, win/loss, biggest winning trade, biggest losing trade, avg days in trade, etc,, and you can see the equity curve for each pair. I spent Saturday building new watchlists, deleted all my current pairs as heaps had declined in correlation, backtested all my stock groups, ranked them by avg correlation, went through and added all the one's with nice equity curves, I figure the pairs that are working well within the system logic ought to be the best candidates expected to continue to do so, also I make sure that the majority of profits weren't generated from one or two trades. With these pairs the win rate is generally above 70%, win/loss is above 1.00, biggest loss is less than $1,000, avg days in trade is less than 10 and median PnL is above $400.
Attached is a screenshot of the new console and backtesting report.