Novel use of Moving Averages

This is a discussion on Novel use of Moving Averages within the Trading Systems forums, part of the Methods category; I've only done this for longs but: The average profit per trade is about 21 to 26 for days 1 ...

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Old Jan 20, 2005, 8:35pm   #25
 
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I've only done this for longs but:
The average profit per trade is about 21 to 26 for days 1 to 5 (day being the number of the day in the series of trades) but then rises to 50ish for day 6 and then keeps rising. Likewise the ratio of winning/losing trades rises from 2ish to 4+ by day 9 and never comes below 4 thereafter.

About 75% of the profit comes from about 50% of the trades (not quite 80:20). I will investigate the impact on drawdown.

PS FC I now understand the logic of your system with the exit price working back.
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Old Jan 21, 2005, 10:34am   #26
 
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FetteredChinos started this thread nice work GCB. im pleased you have got the hang of it. my excel sheets are usually a lot more complicated than they could be.

and yes, waiting for a few consecutive signals is one way to reduce "drawdowns" etc.

but then you sacrifice overall points... you loses your money, you takes your choice.. etc..


im gonna try a simple method out on the Dow in a bit..

results to follow...

FC
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Old Jan 21, 2005, 3:50pm   #27
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Originally Posted by FetteredChinos
yup, and they are nowhere near as good.

still profitable, although the distribution of trade profits/losses are somewhat tighter, so they could be traded with a larger stake size....

im still experimenting..

its like the 60s all over again, man...
lol, way to go !
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Old Jan 24, 2005, 3:03pm   #28
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Originally Posted by gcb01
I've only done this for longs but:
The average profit per trade is about 21 to 26 for days 1 to 5 (day being the number of the day in the series of trades) but then rises to 50ish for day 6 and then keeps rising. Likewise the ratio of winning/losing trades rises from 2ish to 4+ by day 9 and never comes below 4 thereafter.


PS FC I now understand the logic of your system with the exit price working back.
GCB,
Do you have a profit numbers for day 1, day 2, day 3 ? I am working on intraday method based on this FC tread so this would help me a lot.
Thanks
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Old Jan 24, 2005, 3:27pm   #29
 
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Data

ottos

as requested
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File Type: xls pts per day of trade.xls (17.5 KB, 316 views)
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Old Jan 25, 2005, 5:23pm   #30
 
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I stumbled across these boards a few months ago and have lurked in the background ever since trying to follow the discussions as best as i can!

I recently opened a spread betting account with Capital Spreads with a view to trying out a couple of Chinos' FTSE strategies but they appear to impose a compulsory stop loss on all trades. Can any of you guys recommend anybody else I might try? Cheers.
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Old Jan 25, 2005, 5:31pm   #31
 
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FetteredChinos started this thread erm the compulsory stop loss is for your own protection..

you can bang a stop as far away as you want from the current price.. 500pts should do you!!

i would be very careful in trying to trade these live...

the drawdowns are humungous if you arent careful and filter the entries...

FC
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Old Jan 26, 2005, 1:39pm   #32
 
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Sorry, I should have said Capital Spreads don't allow you to determine your own stop loss, it's set at some arbitrary figure determined by them.
Their Demo account I tried set the stop loss automatically at 80 points, which I feel is overly restrictive.

Who do you use FC?
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