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

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!