Hello everyone, first off as you may have noticed, I was absent
this afternoon, I had major computer issues and was on with Trading
Computers most of the afternoon.
Anyway this pertains to the SPY RSI 2 system, which as you know
I said was going long yesterday but it didn't at the last min
because of a filter that had prevented the change. Clearly
had the system went long it would have been nice giving today's
rally. Anyway for fun I made a slight change in the settings
on the filter that prevented the trade to allow them to take the
trade. Here's the chart and statistics of the RSI 2 system as
is and with the filter slightly modified to allow a long trade
yesterday. As you can see overall the original settings have
a slightly higher profit factor of 9.65 vs 8.86 on the adjusted
one, and 85.3% winning trades vs 84.5% for the adjusted one, and if
you look at the yearly gains, the last couple years are slightly
ahead. Overall honestly it doesn't change the statistics that
much, but I figured I would show the difference.
Am I adopting the new settings? I don't know, I'll let you
decide, to me it's 50:50
SPY RSI 2 system comments
Posted by matt on 27th of May 2015 at 09:40 pm
Hello everyone, first off as you may have noticed, I was absent this afternoon, I had major computer issues and was on with Trading Computers most of the afternoon.
Anyway this pertains to the SPY RSI 2 system, which as you know I said was going long yesterday but it didn't at the last min because of a filter that had prevented the change. Clearly had the system went long it would have been nice giving today's rally. Anyway for fun I made a slight change in the settings on the filter that prevented the trade to allow them to take the trade. Here's the chart and statistics of the RSI 2 system as is and with the filter slightly modified to allow a long trade yesterday. As you can see overall the original settings have a slightly higher profit factor of 9.65 vs 8.86 on the adjusted one, and 85.3% winning trades vs 84.5% for the adjusted one, and if you look at the yearly gains, the last couple years are slightly ahead. Overall honestly it doesn't change the statistics that much, but I figured I would show the difference.
Am I adopting the new settings? I don't know, I'll let you decide, to me it's 50:50
Let's not change....the profit factor
Posted by aaronwaese on 28th of May 2015 at 03:58 pm
Let's not change....the profit factor and % win is less...
anyway the newer settings would
Posted by matt on 28th of May 2015 at 08:35 pm
anyway the newer settings would have had the system close out today, here's the chart
The change doesn't seem worth
Posted by pinguin on 28th of May 2015 at 08:40 am
The change doesn't seem worth it to me.
no point it seems?
Posted by torvix on 28th of May 2015 at 02:53 am
no
Posted by atait on 27th of May 2015 at 11:08 pm
no
If they're statistically that close,
Posted by zboy2854 on 27th of May 2015 at 10:32 pm
If they're statistically that close, I say leave it alone. If it ain't broke, don't fix it.
agree
Posted by egalonso on 27th of May 2015 at 10:38 pm
agree