Re: [amibroker] Re: Is this a good system?

[professor]

To everyone who responded to my post, thank you. I have learned a lot about evaluating results.   I ran my formula for each year from 1983 to the present. I used 10000 as my starting equity at the beginning of each year. I found that I had 2 losing years(2001 and 2005).  My average profit was 2571 or 25%. I averaged 10 trades a year.   If I had left the 10000 and the profit in the account for the same period, here are the results.   All trades Initial capital 10000.00 Ending capital 3799267.04 Net Profit 3789267.04 Net Profit % 37892.67 % Exposure % 69.05 % Net Risk Adjusted Return % 54875.75 % Annual Return % 28.89 % Risk Adjusted Return % 41.83 % All trades 362  Avg. Profit/Loss 10467.59  Avg. Profit/Loss % 1.83 %  Avg. Bars Held 12.41 Winners 274 (75.69 %)  Total Profit 7063956.02  Avg. Profit 25780.86  Avg. Profit % 3.97 %  Avg. Bars Held 10.85  Max. Consecutive 19  Largest win 358176.16  # bars in largest win 33 Losers 88 (24.31 %)  Total Loss -3274688.98  Avg. Loss -37212.37  Avg. Loss % -4.82 %  Avg. Bars Held 17.30  Max. Consecutive 3  Largest loss -477622.43  # bars in largest loss 21 Max. trade drawdown -618708.69 Max. trade % drawdown -35.45 % Max. system drawdown -897749.00 Max. system % drawdown -38.47 % Recovery Factor 4.22 CAR/MaxDD 0.75 RAR/MaxDD 1.09 Profit Factor 2.16 Payoff Ratio 0.69 Standard Error 584378.51 Risk-Reward Ratio 0.19 Ulcer Index 11.96 Ulcer Performance Index 1.96 Sharpe Ratio of trades 1.31 K-Ratio 0.02   Although I may adjust this formula somewhat, I have decided that it is ok for now. I feel that I can handle the DD with 75% winners and almost 30% annual profit. With only 2 losing years in over 24 full years and with the largest loss only 16%, it seems fairly consistant. I used the dow 30 stocks as the stocks in this test. I really appreciate all the comments and suggests.   Thanks again, Tom Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html SPONSORED LINKS Investment management software Real estate investment software Investment property software Software support Real estate investment analysis software Investment software YAHOO! GROUPS LINKS  Visit your group "amibroker" on the web.    To unsubscribe from this group, send an email to:  [EMAIL PROTECTED]    Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.