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Unfortunately the code base is not "Easylanguage", maybe we should setup
some kind of code "convertor".
Indeed some of their ideas are very promissing and at the least a source for
research.
I myself would rather trade a system, just because it is so much work to
find it.
Robert
===============================
Robert Linders
Orlando, FL
email: mugsnug@xxxxxxxxx
===============================
----- Original Message -----
From: <traderkirk@xxxxxxxxx>
To: <mugsnug@xxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Wednesday, November 28, 2001 8:48 PM
Subject: Re: Sharing trading systems, improved nr. of cons. losers
> Hi Robert,
>
> There is a free website called www.wealth-lab.com
> where people share system ideas. Its primarily
> for stocks, but there are some futures traders
> there too. As with anything, there are some good
> systems and some bad ones, but plenty of
> sharing. Most of the contributers there believe
> you can reveal your system without any adverse
> affects because most people would never trade it
> anyway, no matter how good it was due to the
> different styles/temperments of traders. Whether
> or not this idea has merit is another debate I
> guess. What I do like about the site is that
> there are several traders there that really know
> their stuff about system development and they
> share it freely.
>
> Regards,
>
> Kirk
>
>
>
> > --- Original Message ---
> >Sent: 11/28/01 21:25:32
> >From: mugsnug@xxxxxxxxx
> >To: omega-list@xxxxxxxxxx
> >Subject: Sharing trading systems, improved nr.
> of cons. losers
> >
> >Ok, I took the comments serious about the nr. of
> losing trades (26 in a
> >row).
> >Here is a slightly adjusted system (it trades
> max. 5 times a day that's all
> >I changed).
> >As you can see the parameters have hardly
> changed (it doesn't do much to the
> >bottom line but I would also prefer 12 conseq.
> losses above 26). Max conseq.
> >winners stayed the same with 7.
> >
> >The system makes (almost) exactly 50% on the
> long and 50% on the short side
> >(starting on 1998/1/1 I do not have data before
> that).
> >
> >I have always understood that the profit factor
> should be 1.5 or greater, in
> >here it is 1.66 (with $180 comm/slipp., almost
> 2.0 without commission).
> >
> >Why do not many people seem to favor the idea of
> sharing/exchanging systems
> >?
> >
> >Full report available upon request.
> >
> >New SYSTEM SPECIFICS:
> > Total Net Profit $1,223,150.00
> > Gross Profit $3,086,480.00
> >
> > Total # of trades 1,482
> > Number winning trades 504
> >
> > Largest winning trade $40,000.00
> > Average winning trade $6,123.97
> > Ratio avg win/avg loss 3.21
> >
> > Max consec. Winners 7
> > Avg # bars in winners 59
> >
> > Max intraday drawdown ($57,690.00)
> > Profit Factor 1.66
> > Account size required $57,690.00
> >
> >
> >
> > Open position P/L $1,590.00
> > Gross Loss ($1,863,330.00)
> >
> > Percent profitable 34.01%
> > Number losing trades 978
> >
> > Largest losing trade ($18,500.00)
> > Average losing trade ($1,905.25)
> > Avg trade (win & loss) $825.34
> >
> > Max consec. losers 12
> > Avg # bars in losers 16
> >
> >
> > Max # contracts held 1
> > Return on account
> >
> > 2120.21%
> >
> >===============================
> >Robert Linders
> >Orlando, FL
> >email: mugsnug@xxxxxxxxx
> >===============================
> >
> >
>
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