Result of my trading system backtest using metastock

hanhao

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Result of my trading system backtest using metastock

here is the result of my trading system i am backtesting
what i do is run the system onto every security and get the % gain after my system went through them.
it's done in a bear to bull market from 1 Jan 2000 to 27 Apr 2006
after that i deleted all untraded stocks to the stock count seen here. My country has about 780 securities
comments please.

Winnings:
Average percent gain 23.39%
Standard Dev 24.18%

Total count 105



Losings:
Average percent gain -6.83%
Standard Dev 5.59%

Total count 87

Summary
Aveage percent gain 8.28%
Average Standard Dev 14.8830734
Total Count 192

Win/Lost count ratio 1.206896552
Percent gain/lost ratio 342.62%



* at first glance, the reward/risk(Percent gain/lost ratio) ratio looks good. i think the Standard Dev of the winnings is insanely high! that the one biggest thing i am uncomfortable with. doesnt look like the average profit of 23.39% is a real profit. Can someone with statical knowledge help me with it?

* are there any other considerations?
 
Hi HAN

maybe its my lack of knowledge, but results presented in this way mean very little, or make very little sense to me. I like to think in terms of total pips profit, % of winning trades, ave. loss, profit facotr etc.
 
Hi HAN

maybe its my lack of knowledge, but results presented in this way mean very little, or make very little sense to me. I like to think in terms of total pips profit, % of winning trades, ave. loss, profit facotr etc.

hi JT, what is Pips profit?

there are many securities and i shall give the average
average winning trades / losing trades = 1.3/1.5

average profit/average loss = 2.35 <== this result cannot on metastock


top 3 trades :
121%
104%
100%

bottom 3 trades:
-25%
-23%
-22%
 
Hi HAN

maybe its my lack of knowledge, but results presented in this way mean very little, or make very little sense to me. I like to think in terms of total pips profit, % of winning trades, ave. loss, profit facotr etc.

hi JT, what is Pips profit?

there are many securities and i shall give the average
average winning trades / losing trades = 1.3/1.5

average profit/average loss = 2.35 <== this result cannot really be accurate because when a stock has only no losses or no winners, the results come out as "N/A"


top 3 trades :
121%
104%
100%

bottom 3 trades:
-25%
-23%
-22%
 
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