One more question on system tests. I've done relatively little
(since it's hard in QP, have to do it by hand, more or less)
and I haven't set up Metastock yet, but in the little I've
done I used the HIGH for the following day to enter and
the LOW following the signal to exit.
This is perhaps too pessimistic, but market opens don't
seem too realistic either. One can very often not get a market
open, even with a premarket order, especially if there's
a gap up or down. Or at least I don't seem to be able to,
though my experience is very limited. Maybe I'm wrong
in this assessment due to limited experience.
(My tests didn't come out too well, either,
but that's because of the crummy system I was testing,
I expect. The point of my testing wasn't the system, it
was the testing technique.)
I guess I haven't asked the question clearly yet; it is:
Is the open REALLY a realistic test?, or should perhaps
something more conservative be used (mine was an extreme,
but you could use the min of the open and close, say)?
or is consistency the more important aspect of it?
Regards,
Spots |
