|
PureBytes Links
Trading Reference Links
|
Hi Rifki
I have Metastock Ver 6.0, and have successfully written a few other
system testers.
I'll gladly give you the code for RSI optimization, once I've written
it.
It's fairly simple to write with MS
Regards
Trevor De Vries
Channel Sales Manager CPG
COMPAQ
Tel: +27-(0)-11-784-8128
Fax: +27-(0)-11-784-7849
Mobile: +27-(0)-82-442-4530
-----Original Message-----
From: The Chartist [SMTP:chartist@xxxxxxxxxxxxxx]
Sent: 23 December 1997 03:22
To: RealTraders Discussion Group
Subject: Relative Strength : System Testing
Hi everyone!
I've always suspected that Relative strength (or the performance of
one security versus say an index) could be profitably used in
trading.
I've noticed relatively stronger securities tend to outperform and
weaker securities tend to keep getting weaker.
Whenever I get to know of a new trading idea, before I start trading
using the said new idea, I always try to SYSTEM TEST the trading
idea.
This way I KNOW quantitatively whether the system would have worked
in
the past at least. This is very easy for most well known indicators
such as MACD, RSI etc. as all software packages have System tests pre
installed for these popular indicators. My problem is, how do I
system
test for Relative Strength to decide whether they really work AND if
I
can build a mechanical trading system based on RS. I am sure some
RT'ers have thought about this in detail and have lots of experience
in these and I will appreciate any input from anyone.
I use Metastock 5.0
Happy Christmas!
Rifki Sameem
_________________________________________________________
DO YOU YAHOO!?
Get your free @yahoo.com address at http://mail.yahoo.com
|