Simple Trading Systems

[Wysiwyg]

These are the winning trades and most of the losing trades. Noticeably they are high dollar turnover stocks which plummeted significantly.

 

[AlterEgo]

Hmmm, you've only got 56 trades. Mine produced 332 trades over the same period. Not sure what's going on there.

 

[Wysiwyg]

Test over same period, commission $20, % entry bar volume set to 5, initial equity 100K, all stocks on ASX. Not sure why there'd be this much difference between your and mine!

Largest win of 64k is over 6 times the position value of 10k. Which stock was that over what period please.

 

[AlterEgo]

Largest win of 64k is over 6 times the position value of 10k. Which stock was that over what period please.

Position value isn't 10K. Position value is 10% of equity, as per your code above.

 

[Wysiwyg]

Position value isn't 10K. Position value is 10% of equity, as per your code above.

Yes okay. My postion value grew with equity marginally at the start but dropped with equity starting in June 2007. Are the stock tickers the same or do you have different stock tickers?

 

[AlterEgo]

The results are different each time it's run due to the PositionScore = Random() in the code. Running it again I've got an even higher profit. Here's the largest winners.

 

[Wysiwyg]

Your date range is 1 year out and the Apply To (top left) is set to "use filter". Apart from that I really don't know why my Amibroker run won't pick up the likes of OMH and MEO and DYL or MAK. They meet the volume criteria with my data.

Very strange. I will look further into this later today and it would be good if we had a third Amibroker program result.

 

[tech/a]

[/B]Have a look at any calender and choose two different dates. e.g. 1/01/2003 to 17/7/2007 or 17/7/2007 to 3/3/2009. Can't define it any further but 'any' is quite varied.


Is this site Reefcap.com.au?

"The Chartist."
There are 1000s of posts on the topic with Amibroker and Bullcharts codes along with Metastock and Tradesim.

As you have conveniently left out, the Amibroker version of techtrader I have shows very ordinary results so again, what is not right in that version.

Conveniently??? Hell I just designed the system its not up to me to make it profitable for YOU. Sort out your own issues---the only interest you have is to attempt to debunk it.

Only for you.

And for everyone else---its a LONG TERM---LONG system "Average " hold is over a year and many open positions lasted/last years.
Unless you included open profit AND tested any sample over 7plus years you'll ALWAYS get a crap result.

But true regardless of whatever stage you think I'm at.

The novice statement--attempting to design a system which performs well LONG and expecting it to be profitable in bear and flat markets is plain stupid!
If you designed a short system and found it in draw down in a bull market would you think its rubbish?????

The consistently profitable one.

The mans attempting to make available his knowledge to the wider community---not generally available and using one of the most popular softwares around. All you can do is "can" everyone. Of course he makes a $$ from his travelling the world and years of experience and knowledge. He would be more acceptable/palatable if he gave his knowledge up for free!!??

ON THAT
There are a few posters on this site---you being one---who add NOTHING OF VALUE to this community. You stand sentinel and learner'd critique yet you offer nothing of value to those who are here for that sole reason. You constantly attack those who spend genuine hrs attempting to help those who ask---.

I look-forward to YOUR simple trading method/s.

My simplest is using bars only and averages 4 -8 bars in any periodicy.

I have around 15---but if you think I'm interested in furnishing serial pessimist's who cant be bothered spending the 10000 hrs and more than happy to spend those hrs attempting to debunk those who have---think again.

You wouldn't get this one either ---only that its been public 11 yrs and with stood 11 yrs of scrutiny---

 

[AlterEgo]

Your date range is 1 year out and the Apply To (top left) is set to "use filter". Apart from that I really don't know why my Amibroker run won't pick up the likes of OMH and MEO and DYL or MAK. They meet the volume criteria with my data.

Very strange. I will look further into this later today and it would be good if we had a third Amibroker program result.

I found a slight error with my results - was trading at the Close instead of the Open, so I've added the lines
BuyPrice = Open;
SellPrice = Open;

Overall results are still fairly similar though. See the highest % winners attached.

BTW, my "Set Filter" is just set to "ASX Fully Paid Ordinary". I'm using Norgate Premium Data. See how your trades compare. Not sure why our results would differ so much.

 

[Wysiwyg]

Conveniently??? Hell I just designed the system its not up to me to make it profitable for YOU. Sort out your own issues---the only interest you have is to attempt to debunk it.

You need help with this word --Comprehension-- The question was "is the code correct" and the reason for this is so I can test it for myself. You chose to go on the attack from the outset rather than answer the question. Again -> dictionary -> COMPREHENSION.

Unless you included open profit AND tested any sample over 7plus years you'll ALWAYS get a crap result.

Now that is better. Test more than 7 years and include open profit.

The novice statement--attempting to design a system which performs well LONG and expecting it to be profitable in bear and flat markets is plain stupid!

This next word you need to learn is CONTEXT. The sentence was not, repeat not (for the ignoramus within ), anyway connected to this tech trader system. Get it??

The mans attempting to make available his knowledge to the wider community---not generally available and using one of the most popular softwares around. All you can do is "can" everyone. Of course he makes a $$ from his travelling the world and years of experience and knowledge. He would be more acceptable/palatable if he gave his knowledge up for free!!??

WTF is that all about?

ON THAT
There are a few posters on this site---you being one---who add NOTHING OF VALUE to this community. You stand sentinel and learner'd critique yet you offer nothing of value to those who are here for that sole reason. You constantly attack those who spend genuine hrs attempting to help those who ask---.

Now I call you a LIAR. Pull your head outa your puck.

I look-forward to YOUR simple trading method/s.

I am flattered but won't be revealing any of my systems on any forum. Mind your own business.

My simplest is using bars only and averages 4 -8 bars in any periodicy.

You're good.

I have around 15---but if you think I'm interested in furnishing serial pessimist's who cant be bothered spending the 10000 hrs and more than happy to spend those hrs attempting to debunk those who have---think again.

You're even better.

You wouldn't get this one either ---only that its been public 11 yrs and with stood 11 yrs of scrutiny---

You're the best.

 

[tech/a]

Thanks for your kind words WYSY
Glad I have been able to help
Back to my throne

 

[Boggo]

I am flattered but won't be revealing any of my systems on any forum. Mind your own business.

I don't believe that anyone should be criticising the hard work or proven performance of others unless they are prepared to qualify themselves by putting their own system up for comparison or at least to show that they are willing to put as much effort into a system as they are in being negative about others.

Wysiwyg...
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.

 

[Wysiwyg]

I found a slight error with my results - was trading at the Close instead of the Open, so I've added the lines
BuyPrice = Open;
SellPrice = Open;

Overall results are still fairly similar though. See the highest % winners attached.

BTW, my "Set Filter" is just set to "ASX Fully Paid Ordinary". I'm using Norgate Premium Data. See how your trades compare. Not sure why our results would differ so much.

It has to be in the "settings...' part of Automatic Analysis. I want to find out why there is a large difference if you can notice. So I have these settings...

 

[Wysiwyg]

I don't believe that anyone should be criticising the hard work or proven performance of others unless they are prepared to qualify themselves by putting their own system up for comparison or at least to show that they are willing to put as much effort into a system as they are in being negative about others.

Oh I will question (not criticise) anyone who fronts up with a so called 'system' to prove or at least allow me to prove the authenticity. The trading game is about as transparent as User Names on forums with a large percentage of liars and thieves aiming to fleece the newbies of a buck. This quote below is in no way critical but true in comment.

"I have sourced a tech/a post on Compuvision from 2003 which states techtrader began trading in August 2002. That being 10 months earlier than the date the post below was made. The strong bull market started in January 2003. In retrospect, good timing for a long trend following system to begin and along with leverage the reason why such an "average system" did so well."

Wysiwyg...
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.

In context, yes.

 

[AlterEgo]

It has to be in the "settings...' part of Automatic Analysis. I want to find out why there is a large difference if you can notice. So I have these settings...

Here's mine

 

[tech/a]

Finally on this thread and topic.

A "Simple Trading System" was asked for.

Techtrader is arguably one of the most discussed and dissected systems out there--if you have others please post them up.
I never designed the system to be the best in the world or the best of anything really.
It was designed in an attempt to show that someone outside of the industry could in fact design a system that was long term profitable. Bandy suggests its not possible---I suggest it is---if I can do it ANYONE can do it---even if WYSY thinks there is no such animal.

CLICK TO EXPAND



There are over 55 threads and 2200 posts. All there as a template for those who wish to utilize it.
If you do you will also note there are 4 other important components to the system still not included in WYSY's testing. If you (WYSY) really want to find them then go pour through the threads and find them. Anyone else just private mail me.

In retrospect, good timing for a long trend following system to begin and along with leverage the reason why such an "average system" did so well."

This last comment is not the first time to appear. So this is not the first time Ive answered it.
The system was designed for exactly the market that followed. It performed to the upper level of its range of minimum and maximum deviation.Testimony to its design and application.

The amusing thing I find with most newbies is that they expect a system to perform brilliantly in ALL market conditions. If it doesn't then its a failure??

I'm sure you'll find a Lamborghini a complete disaster off road.
Or a Golf Club pretty terrible for playing tennis.

If a system is "average" in conditions it wasn't designed for then thats exactly what would be expected----- in fact expectation would be failure
.
The "Average" system did so well simply because it was designed to do so in exactly that type of market.

Had it performed "Averagely" in the market it was designed for then our pessimistic friend has a case.
It would then be "Average"

There is MUCH to be learned from those 2000 posts for those who invest in the Hrs and its FREE.

So Finally.
There are many many simple trading methods.
But only 3 reasons WHY a trading method can or will be profitable.
Unless you know them you simply wont know how to design a system---a profitable one anyway!
Ill leave you to WYZY to help you out with those.

 

[Billyb]

I was curious as to why the Amibroker back tests here produce such different results, so I did my own for comparison also. This is not to test TradeGuider, it's just for curiosity/learning about the Amibroker software, which I'm new to. I found my results closely matched WYSYWIG's. Not sure why it's so different to AlterEgo's but I do really want to know. Here are my settings up for analysis. I am just using an outdated (late 2010) Free Yahoo ticker list that I found on this forum so this will account for some differences, such as why I get less trades than Wysi.

 

[Billyb]

Results:

 

[Billyb]

One thing I have worked out is that the volume data from Yahoo is out by a factor of 1/100. Making this adjustment in the formula makes a huge difference - but still only an annual return of 6%, which is still much less than AlterEgo's.

 

[Wysiwyg]

That code runs at a loss during the GFC. It is a long only uptrend trader.

What about from 1 Jan 2010 to present????