QQQQ trading system developer looking for a contract

[elabunsky]

I made classic % system test for given WFT 1700 days simulation in MetaStock 7 and what I have after it.

System Report - TrendMedium 2 - CO Walk Forward Test
QQQQ Results

Item Value Item Value
Total net profit 5944.09 Open position value 118.59
Percent gain/loss 594.41 Annual percent gain/loss 80.15
Initial investment 1000.00 Interest earned 0.00

Current position Long Date position entered 5/30/07
10:00:000
Buy/Hold profit -494.78 Days in test 2707
Buy/Hold pct gain/loss -49.48 Annual B/H pct gain/loss -6.67

Total closed trades 2416 Commissions paid 0.00
Avg profit per trade 2.41 Avg Win/Avg Loss ratio 1.88
Total long trades 1213 Total short trades 1203
Winning long trades 517 Winning short trades 486

Total winning trades 1003 Total losing trades 1413
Amount of winning trades 23211.81 Amount of losing trades -17386.31
Average win 23.14 Average loss -12.30
Largest win 327.04 Largest loss -109.84
Average length of win 29.36 Average length of loss 5.26
Longest winning trade 892 Longest losing trade 45
Most consecutive wins 8 Most consecutive losses 14

Total bars out 15980 Average length out 7.27
Longest out period 3608

System close drawdown -155.58 Profit/Loss index 25.48
System open drawdown -156.90 Reward/Risk index 97.43
Max open trade drawdown -109.84 Buy/Hold index 1325.33

 

[GTS]

Quote from elabunsky:

After 2 years of QQQQ trading system development I have some verified by Walk Forward Test solution for QQQQ trading and like offer it for customers (google more about what is Walk Forward Test, but in two words - WalkForwardTest is the consecution of the system tests on some unknown/future data (next trading day in my solution)). Estimate 1700 days QQQQ Walk Forward Test enclosed. I like notice - minimal capital for this system is $1M because system trades 3 times each 2 trading days (it mean around $50 commission per day or more...) Please, send me private message if you have interested.

Did you ever sell that charting package?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=68029

 

[elabunsky]

yes, several times. any problems?

 

[GTS]

Quote from elabunsky:

yes, several times. any problems?

You sold the "project with the exclusive using rights (with source code)" several times?

Apparently your defintion of "exclusive" is not the same as mine...

 

[elabunsky]

I mean no royalty and client can do with the package anything. I'm not fluent and can mistake with terminology. I guess it'll not good discuss here about other threads.

 

[GTS]

Quote from elabunsky:

I mean no royalty and client can do with the package anything.

They can do anything with it? Like offer for sale to other people for less then you are selling it for?

Just messing around, good luck with your latest venture.

 

[elabunsky]

Thank you for your wishes. I guess best way start C2 and forget about looking contract... Any way given exprience is exprience ...

 

[asap]

in c2 you can make more than 10k per month in fees if your system has a proven track record.

 

[elabunsky]

yes, i know about it already. That is what I'll do ... Need wait 5-6 month before this sale's level, but it'll my own not contract based income... thank you.

 

[GTS]

Quote from asap:

in c2 you can make more than 10k per month in fees if your system has a proven track record.

Are you speaking from personal experience?

Not doubting you...just wondering because there seems to be a lack of information about actual real subscriber rates over there.