I only wish there was a mechanical way to turn them off and on
again (i.e. to discover when the markets are pretty much
trendless.) Matt's equity curve system works great for
long periods, but it's tougher for the shorter
periods of non-trendiness. Guess I should experiment with this
more. I've found that some of my best developments/breakthroughs in
creating strategies happen during the weeks when my current
ones aren't doing that well. I guess that's what I'll be
working on this weekend (that and trying to get rid of excess
Halloween candy!)
for TS users -- have not tried it yet but if you go to Trading
Alchemy they have a crossover strategy that includes filters for
MACD, RSI and few other indicators. Might be able to adjust
settings to filter out some chop. I'm thinking its worth a
try........
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I only wish there was
Mechanical Systems
Posted by user32 on 23rd of Oct 2009 at 05:43 pm
I only wish there was a mechanical way to turn them off and on again (i.e. to discover when the markets are pretty much trendless.) Matt's equity curve system works great for long periods, but it's tougher for the shorter periods of non-trendiness. Guess I should experiment with this more. I've found that some of my best developments/breakthroughs in creating strategies happen during the weeks when my current ones aren't doing that well. I guess that's what I'll be working on this weekend (that and trying to get rid of excess Halloween candy!)
Maybe use ATR setting in
Posted by oreo on 23rd of Oct 2009 at 07:04 pm
Maybe use ATR setting in a 60 min. chart and don't trade them when the ATR falls below like .2
I have not tested it but it makes sense that you would'nt want to trade it when it's ATR is low and therefore not trending or making big moves?
MECHANICAL SYSTEM FILTERS
Posted by Michael on 23rd of Oct 2009 at 07:21 pm
for TS users -- have not tried it yet but if you go to Trading Alchemy they have a crossover strategy that includes filters for MACD, RSI and few other indicators. Might be able to adjust settings to filter out some chop. I'm thinking its worth a try........