Hey thanks, nice to see a hunch confirmed!
Not that I could do anyting with it, most of my money and time are invested in my own business now. Maybe in a couple of years..
Actually lack of time drove me to looking for automated systems but now I think developing and maintaining a system...
Yes, I agree on both counts.
The system seems a bit daunting to me, but then I am only beginning in backtesting.
And it would be interesting to see if the double inside day is a reversal or a continuation pattern rather than a bearish pattern. I suspect it is a contunuation pattern but I lack...
Thanks! Interesting read! Lots of systems developed in the bull market up till 2008 have failed over the last years.
I wonder though if he is right. Reversion to the mean is of course nonsense in a random system but then we know the markets are not completely random.
And what about Price...
What do you guys think of Connors & Alvarez indicators like 2-day RSI?
Or their 7-7 mean reversal strategy?
No edge?
It seems like fun to be able to test an idea like that.
And while everyone agrees that technical indicators are lagging, it doesn't mean they are worthless. When deciding to...
Thanks again, this helps me to narrow it down in choice of software and also in terms of goals.
Agree with you to focus on drawdown and risk. I can't stomach much drawdown.
Just one more question, I see in your description of platforms "free quotes" for Amibroker. Do you mean free data? EOD...
Thanks LV, I see you have helped loads of newbees like myself, that's very generous of you.
After some reading here and there I'll go either for Ninja or Amibroker.
Could you or anyone else on this forum advise me on this?
Especially which platform will be easiest to work with for someone with...
Great article! Thanks, it makes your point very clear.
I am a newby at backtesting and autotrading, not at trading. I want to try to automate the methods that I use for swingtrading and trendfollowing with reasonable succes.
I realise it will take me a long time, but I want to make the effort...