@happysing @ amit and other seniors..... please see this attached image of backtest......first part is of 5-8 years of data from internet/traderji(only nifty).....second part is only april month from nest trader....:thumb:
please suggest which of the following strategy is best based on sample data ...would appreciate if provided an explanation like factor affector good or bad judegement apart from prf like payoff ratio and so on.....
april month all the strategy had incureed losses...only last few days changed them into profit zone....:clapping:
please suggest which of the following strategy is best based on sample data ...would appreciate if provided an explanation like factor affector good or bad judegement apart from prf like payoff ratio and so on.....
april month all the strategy had incureed losses...only last few days changed them into profit zone....:clapping:
Shared by DSM
http://www.traderji.com/advanced-trading-strategies/95476-why-bother-system.html#post1002986
To give you an example (basis your system), you enter Nifty at say at 8,080 at the close of today. Your SL would be at 1% which is 80 points, making your SL to be triggered if Nifty were to trade below 8,000
Now assuming Nifty opens 1.5% down at 7,960 but closes the day at 8,020 in reality, this would trigger a SL at open. But as your system is looking at EOD close, which would show that Nifty at 8,020 no SL is triggered by the system!! Hence the results that you get in the system is distorted and shows better result that actual reality.
If only we could use tweaks of RSI/ADX/EMA's/MACD/BB's setting in Amibroker etc and derive the results in reality as shown in the system, there would be no people working in office, but making a comfortable living trading from home
Now assuming Nifty opens 1.5% down at 7,960 but closes the day at 8,020 in reality, this would trigger a SL at open. But as your system is looking at EOD close, which would show that Nifty at 8,020 no SL is triggered by the system!! Hence the results that you get in the system is distorted and shows better result that actual reality.
If only we could use tweaks of RSI/ADX/EMA's/MACD/BB's setting in Amibroker etc and derive the results in reality as shown in the system, there would be no people working in office, but making a comfortable living trading from home