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Thank you Asish for your information on hindsight indicators. Do you have any clue as to what indicator could be used instead of hindsight indicators such as Zig Zag/Peak in order to establish the trend? I've found that the system (K1) will work well in trending periods, but not in ranging...

Some more info on Peak(): "PEAK & TROUGH Peak and trough are just the turning points as seen ina zig plot To explain the change for just peak, the help screen gives this Peak( ARRAY, change, 1 ) Peak( Close, 5, 1 ) so what peak does is finds higher close value and holds until either a...

Asish, Thank you for clarifying. I wasn't implying that I assumed you would use this system personally, just looking forward to any discussion around the hindsight function as you said, and I'm looking forward to hearing what you find out :)

Good luck Asish, looking forward to your findings :)

Karthik, I'm glad you found my results interesting :) The most challenging thing about this is that when changing the peakvalue one must go back and manually test each signal to see if it changes after it has received future bars on which to calculate entries. It takes forever :( Have you...

Karthik, Thank you for responding :) Attached are my test results, I've tested on AMEX stocks for a 2 month period. First from the formula "Peak(c,peaknumber,1)", I've used peaknumber = 5. I believe that using 5 will give accurate results, but that there might still be errors in...

Dear Karthik & other forum members, Thank you for this informative thread. I've been backtesting the systems posted on this thread and I have a few questions regarding their implementation, especially the K1 system, which I've focused on, as it seems to give the best results. 1. There is a...