You say NOT to include pre market and after hours trading in the
systems. If the rcommended MA's are used to make trading decisions
for normal hours based on crossovers after market or pre
market, have you backtested this information on the course of price
movements in normal market hours?
Posted by rgoodwin on 16th of Apr 2009 at 05:51 pm
geotex, I'm not sure your question makes sense but if a system
states it needs to be set up to ONLY trade 9:30 - 4:00 then indeed
that is how it was designed, optimized and backtested. Tell you
what, set up a chart with the specified settings and time
constraints. Run a report. Then change any setting to whatever
makes you feel good. Run a report. Likely the second report is not
going to look very good.
Everyone - so many questions on these systems are asked day in
and day out. Matt has the patience of a saint and I think most
folks using the systems have been very generous with help as well
but at some point you gotta do some of your own work. If you
are new to the blog, say so, and maybe patience will ensue,
otherwise you have been here long enough to have caught the
discussions and certainly know how to research on the blog. The
SYSTEMS are just that - SYSTEMS - like your CAR engine - can you
pull out the distributor and it keeps running? Not likely. Trade
the systems as they are presented, and if you want to make changes,
then go ahead and do your testing and make them - these are not the
only systems that can be run, you just need to do some of your own
homework.
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Posted by geotex on 16th of Apr 2009 at 05:40 pm
You say NOT to include pre market and after hours trading in the systems. If the rcommended MA's are used to make trading decisions for normal hours based on crossovers after market or pre market, have you backtested this information on the course of price movements in normal market hours?
geotex, I'm not sure your
Posted by rgoodwin on 16th of Apr 2009 at 05:51 pm
geotex, I'm not sure your question makes sense but if a system states it needs to be set up to ONLY trade 9:30 - 4:00 then indeed that is how it was designed, optimized and backtested. Tell you what, set up a chart with the specified settings and time constraints. Run a report. Then change any setting to whatever makes you feel good. Run a report. Likely the second report is not going to look very good.
Everyone - so many questions on these systems are asked day in and day out. Matt has the patience of a saint and I think most folks using the systems have been very generous with help as well but at some point you gotta do some of your own work. If you are new to the blog, say so, and maybe patience will ensue, otherwise you have been here long enough to have caught the discussions and certainly know how to research on the blog. The SYSTEMS are just that - SYSTEMS - like your CAR engine - can you pull out the distributor and it keeps running? Not likely. Trade the systems as they are presented, and if you want to make changes, then go ahead and do your testing and make them - these are not the only systems that can be run, you just need to do some of your own homework.