....the only other point I will make having coded and tested
many many strategies (and also from research done by collegues) is
that overall, dynamic exits work far better than fixed TPs or TP
%s.
For example, the simple MA Crossover systems which in the main
use a crossover to enter short or enter long is far better
than using the crossover to enter short and then setting a x%
TP or $TP
So the question Matt is whether you have tested using a dynamic
indicator driven exit? This will be far more robust in dynamic and
differing market conditions than one that uses a fixed TP whether
it be % or $
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
....the only other point I
Improved GDX swing system and statistics
Posted by vimal on 29th of Jul 2010 at 08:06 am
....the only other point I will make having coded and tested many many strategies (and also from research done by collegues) is that overall, dynamic exits work far better than fixed TPs or TP %s.
For example, the simple MA Crossover systems which in the main use a crossover to enter short or enter long is far better than using the crossover to enter short and then setting a x% TP or $TP
So the question Matt is whether you have tested using a dynamic indicator driven exit? This will be far more robust in dynamic and differing market conditions than one that uses a fixed TP whether it be % or $