RE: [amibroker] Equity()

<SPAN 
class=790570713-18042002>Tomasz,
<SPAN 
class=790570713-18042002> 
<SPAN 
class=790570713-18042002>>><FONT 
color=#000000>Now in fact you don't need to run Automatic analysis torun a 
backtest <<
<SPAN 
class=790570713-18042002> 
<SPAN 
class=790570713-18042002>How does Equity() know which of my formulas to 
use?  Do I have to at least open the formula in the AA 
?
<FONT face="Comic Sans MS" color=#0000ff 
size=2> 
<FONT face="Comic Sans MS" color=#0000ff 
size=2>Thanks,
<FONT face="Vladimir Script" color=#000080 
size=5>Rick

<FONT face=Tahoma 
size=2>-----Original Message-----From: Tomasz Janeczko 
[mailto:amibroker@xxxx]Sent: Thursday, April 18, 2002 7:20 
AMTo: <A 
href="">amibroker@xxxxxxxxxxxxxxxSubject: 
Re: [amibroker] Equity() observation
Rick,
 
Equity() function is a backtester-in-a-box. So ifyou 
click on the stock that was not included in the original 
backtest
set it calculates correct equity curve as it would look 
if real backtest was performed on it.
 
Now in fact you don't need to run Automatic analysis to 
run a backtest - its all inside Equity() function :-)
Best regards,Tomasz Janeczkoamibroker.com
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=RickParsons@xxxx 
href="">Rick Parsons 
To: <A 
title=amibroker@xxxxxxxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 

Sent: Wednesday, April 17, 2002 
7:12 PM
Subject: [amibroker] Equity() 
observation

<FONT face="Comic Sans MS" 
color=#0000ff 
size=2>Tomasz,
<FONT face="Comic Sans MS" 
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<FONT face="Comic Sans MS" 
color=#0000ff size=2>I haven't seen this observation 
mentioned before.
<FONT 
face="Comic Sans MS" color=#0000ff 
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<FONT 
face="Comic Sans MS" color=#0000ff size=2>I find that when I run 
Backtest on a small group of stocks in a specific watchlist and theAFL 
contains the Equity() function and then I click on stocks that wereNOT 
included in the watchlist or backtest, those stocks sometimes contain 
their own equity curve which shows up on the 
chart.
<FONT 
face="Comic Sans MS" color=#0000ff 
size=2> 
<FONT 
face="Comic Sans MS" color=#0000ff size=2>How does this happen?  Is 
Equity() acting like an Indicator Builder formula and applying my 
backtested AFL system to any stock I click 
on?
<FONT 
face="Comic Sans MS" color=#0000ff size=2>If so, boy, that isa neat, 
neat trick.  Then I can just scan thru all stocks looking for great 
equity curves for my formula.
<FONT 
face="Comic Sans MS" color=#0000ff 
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<FONT 
face="Comic Sans MS" color=#0000ff size=2>Don't tell me it's not so... 
<grin>
<FONT 
face="Comic Sans MS" color=#0000ff 
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<FONT 
face="Comic Sans MS" color=#0000ff 
size=2>Thanks,
<FONT 
face="Comic Sans MS" color=#0000ff 
size=2>RickYour useof 
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