TheRumpledOne 6,411 posts msg #37789 - Ignore TheRumpledOne |
9/3/2005 10:57:56 AM
Since I can't get backtest to do what I want it to do, I display my potential profit.
Column Hi5Op4 shows how much I could have made if I had bought the stock at the open price 4 days ago.
This should help the swing traders amongst us.
I used the channel breakout filter as an example.
MAY ALL YOUR FILLS BE COMPLETE
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TheRumpledOne 6,411 posts msg #37790 - Ignore TheRumpledOne |
9/3/2005 11:01:13 AM
Of course, I had to show you an RSI(2) < 1 example...lol
Column Hi5Op4 shows how much I could have made if I had bought the stock at the open price 4 days ago.
Notice I used RSI(2) 5 days ago < 1 and buy the open price the next day or 4 days ago!
MAY ALL YOUR FILLS BE COMPLETE.
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drew9 171 posts msg #37810 - Ignore drew9 |
9/4/2005 9:41:40 PM
Hey RumpledOne, this is an awesome display that is really helpful since I love RSI(2) and do mostly swing trading. I was wondering if you could add a column that would also show the percentage gain for the four days. While it is nice to see the gain, it would be even better seeing those high percentage gains! Thanks again for sharing this and for all your fine efforts!
Regards,
Drew
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TheRumpledOne 6,411 posts msg #37811 - Ignore TheRumpledOne |
9/4/2005 11:35:09 PM
Good idea!
Why didn't I think of that in the first place? LOL!!
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne 6,411 posts msg #37812 - Ignore TheRumpledOne |
9/4/2005 11:47:57 PM
You gave me some more ideas...
MAXDD = MAXIMUM DRAW DOWN OVER PAST 5 DAYS.
GROSSPL = CURRENT PRICE MINUS OPEN PRICE 4 DAYS AGO.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne 6,411 posts msg #37817 - Ignore TheRumpledOne |
9/5/2005 10:53:06 AM
Ok Swing Traders, here's the SWING TRADE PERFORMANCE DASHBOARD (STPD).
If you run on every Saturday, you can see the day by day performance of your trades/filter.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne 6,411 posts msg #37818 - Ignore TheRumpledOne |
9/5/2005 11:12:07 AM
Run this filter after the second day of your entry.
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TheRumpledOne 6,411 posts msg #37819 - Ignore TheRumpledOne |
9/5/2005 11:19:08 AM
Run this filter after the third day of your entry.
Remember to use the 3 days ago clause on your selection criteria
I forgot to use the 2 days ago in all of the seletion criteria in the previous post.
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houghton 29 posts msg #37824 - Ignore houghton |
9/5/2005 11:37:49 AM
RumpledOne,
Great idea and it can be used in so many other ways. Two problems. I can't get all of the columns to display. I hope it isn't due to not signing up for the advaced version. Second, SF doesn't seem to be calculating drawdown correctly. For example, CBH shows no drawdown when, in fact, the open was 33.75 and the low was 33.12.
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houghton 29 posts msg #37825 - Ignore houghton |
9/5/2005 11:41:12 AM
Oops - never mind. I was counting today in the four days ago count. Still can't display all columns, though.
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