|
PureBytes Links
Trading Reference Links
|
Hello,
Does anyone have Larry Williams S&P system coded for
trade station 6? It was published in his guide to
futures trading published in 1988. The rules are
simple: it is always in the market. Multiply the
closing price of the S&P by .0172 then subtract it
from the closing price to generate a sell signal. The
trade would be reverse when a buy signal is triggered:
the closing price of the S&P x .0172 added to the
closing price for a buy signal. The results were
pretty impressive but you would have been destroyed by
black Monday- hence you would probably not want to
trade this system blindly but have additional filters.
Anyway I was wondering if someone could code this and
present the results to see if this system is still
robust? I would do this myself but I am not
proficient in easy language (never found it easy).
Would be interesting to see how it works in the
current market conditions- it would have caught the
October low beautifully. I guess the question is how
much you get chopped up during periods of congestion/
gaps. -Marc
|