Technical Analysis - Beginners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave O. who wrote (9652)	3/2/1999 11:12:00 AM
From: Richard Estes	Read Replies (1) of 12039

System testing's major role is to compare systems using a set definition of parameters. I put no stops, buy at open with one day delay, start with 10,000, commissions =$25, never test both long or short in same test. None of these follow my pattern of trading. But I am looking for the best performing system over many stocks and market conditions. The one I can trust. Everyone needs to look at the buy/sell points on the chart, would you take those trades? Too many waste time trying to fit our limited system tests to reality. We lose the big picture. Something to look at: Gann felt that a major trend change occurred when the last 3 bars had higher highs and lows (up) or lower highs and lows (down). inside days where the highs and lows are contained in the previous bar's range were ignored.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next