Allan, Can you define "non correlated" stategies or provide an example without giving away the family jewels?
Maybe it is worthy of a topic on it's own. BrianB2. --- In [email protected], "matrix10014" <[EMAIL PROTECTED]> wrote: > > Hi Ken, > I run a hedge fund out of NY and we do employ a ranking system very > similar to what you find in HGSI.We add a value overlay,but I will > tell you that trying to duplicate/improve on what they do is > probably not the best use of your time.IMHO,if you are a momentum > type trader,their approach is excellent and I do not think you will > build a better mousetrap.I have a very talented quant as well phd in > applied math working for me and much of what they do is exceedingly > similar to HGSI and Zacks.. > > When we stopped trying to reinvent the wheel and focused our efforts > on diversifying into "non correalted" stategies ,we were far more > productive and profitable > > Just my 2 cents > > --- In [email protected], Ken Close <ken45140@> wrote: > > > > Brian: thanks for the reminder on your xls; I will go look at it, > but I have > > plugged the trigger on the new subscription. > > > > Regarding your comment: " "My opinion was that the QP ranking > systems were > > fairly transparent and could be duplicated in AB with relative > ease'", I > > think this is an assertion that may prove harder to fulfill than > you > > realize. Unless you have already done this (and if you have, you > would be > > my new best friend because I would like to see it), I think you > will find > > that developing a ranking score (and I do not mean the > PositionScore > > variable within AB) that is integer based is extremely difficult. > I have > > tried numerous approaches, including using PositionScore, and do > not get > > anything meaningful. In fact, I believe I am correct that the > only way to > > create integer rankings of calculated quantities within Ab is to > use the > > so-called Osaka plugin, something of complexity that I have so far > been > > unwilling to tackle. Drawing QP3 integer rankings out has been my > only > > "easy" solution. > > > > If anyone wants to refute my claim, I would be more than welcome > to see an > > approach that is shareable, doesn't require C++ programming > skills, and > > satisfies the need to create integer ranking scores/numbers. > > > > Ken > > > > -----Original Message----- > > From: [email protected] [mailto:[EMAIL PROTECTED] > On Behalf > > Of brian.z123 > > Sent: Wednesday, August 30, 2006 9:00 AM > > To: [email protected] > > Subject: [amibroker] Re: Quotes Plus Mutual Funds > > > > Ken, > > > > The answer to your question is no. > > You would not have access to the ranking scores if you had not > purchased > > SPP. > > > > I have posted an updated QPAmiCompare.xls file. > > I used the file in the first place to track the raw data that was > used in > > various places between QP and Ami. > > The QP scan database, which is installed on your hard-drive, > appears to be > > the underlying database for SPP. > > From the SPP help/data fields section each of the fields in SPP > states if it > > is a computed or imported field so they can be cross referenced to > each > > other. > > So with the exception of QRS and EPS rank all of the other ranks > are > > calculated in SPP and not part of the Ami package. > > > > To correct my previous statement on ethical grounds: > > > > "My opinion was that the QP ranking systems were fairly > transparent and > > could be duplicated in AB with relative ease'" > > > > I am biased towards creating my own rankings anyway. > > I wasn't considering QP for the rankings. > > Most if not all of the rankings used in QP are already part of the > public > > domain. > > > > BrianB2. > > > > > > --- In [email protected], Ken Close <ken45140@> wrote: > > > > > > Thanks Steve, for your comments. I, too, am beginning to > > concentrate on > > > just ETFs and the "daily" funds from Profunds, Rydex, and > > Potomac. Hence my > > > desire to isolate just those. If I had spent more time with > the > > trial I > > > might have tried to get by without the SPP. but all the pretty > red > > and green > > > boxes got to me and I liked them. Can I assume that I still would > > have had > > > access to the ranking scores even if I had not purchased the SPP? > > > > > > Ken > > > > > > _____ > > > > > > From: [email protected] > [mailto:[EMAIL PROTECTED] > > On Behalf > > > Of Steve Dugas > > > Sent: Tuesday, August 29, 2006 1:36 PM > > > To: [email protected] > > > Subject: Re: [amibroker] Quotes Plus Mutual Funds > > > > > > > > > Hi Ken - I see that Joe has already come up with a solution for > > you. When I > > > went back to QP recently, I did not sign up for SPP since I am > now > > > concentrating only on 2x +/- funds. There are not that many of > > them so I > > > just created my watchlists by hand. I did want to get the funds > > themselves > > > into AB so I could access them there, but for testing, etc I > > generally use > > > the benchmark indices rather than the funds themselves. QP lacks > > several of > > > these benchmarks, especially for the foreign markets, so for > these > > I > > > substitute the most popular ETF's instead. > > > > > > BTW, if you like the 2x funds, don't forget about DireXion. Their > > American > > > funds are 2.5-beta. Also, for anyone that might not be aware, > > ProFunds > > > introduced their 2x +/- ETF's last month. See www.proshares.com > > for more > > > info. > > > > > > Steve > > > > > > ----- Original Message ----- > > > From: Ken Close <mailto:ken45140@> > > > To: [email protected] > > > Sent: Tuesday, August 29, 2006 6:31 AM > > > Subject: RE: [amibroker] Quotes Plus Mutual Funds > > > > > > Steve: > > > > > > Many thanks. Now that I am signed up, am discovering various > > unfriendly > > > aspects to the program(s) that I guess I did not discover or try > > hard enough > > > during the trial period. But I want the data (mainly the ranks > > which can be > > > imported into AB) so I will have to slog thru a learning curve, > > just like > > > with ..... well ...... AB. I dont want to do complex things, > just > > isolate > > > ETFs and Rydex/Profunds Mutual Funds. Should be simple and > almost > > > intuitive. It is not. > > > > > > Thanks for the response. > > > > > > Ken > > > > > > PS: If you dont mind, is the easiest way to get a Watchlist of > the > > > Rydex/Profunds Mutual Funds to import via a lst or txt file of > the > > symbols?? > > > > > > _____ > > > > > > From: [email protected] > [mailto:[EMAIL PROTECTED] > > On Behalf > > > Of Steve Dugas > > > Sent: Monday, August 28, 2006 3:28 PM > > > To: [email protected] > > > Subject: Re: [amibroker] Quotes Plus Mutual Funds > > > > > > > > > Ken - By Default, QP plugin does not retrieve MF's or futures. Go > > to File > > > > Database Settings > Configure, check the box for MF's and hit > > Retrieve. > > > > > > Steve > > > > > > ----- Original Message ----- > > > From: Ken Close <mailto:ken45140@> > > > To: [email protected] > > > Sent: Monday, August 28, 2006 3:08 PM > > > Subject: [amibroker] Quotes Plus Mutual Funds > > > > > > Maybe this is obvious, but how do I chart Quotes Plus 3 Mutual > > Funds. > > > > > > I do not see any data plugin just for QP Mutual Funds. > > > > > > I am plotting stocks and ETFs find with the QP3 database. I have > > mutual > > > fund data on my drive (can plot with QP charting package), but I > > do not see > > > how to make AB do that. > > > > > > Thanks for your suggestions. > > > > > > Ken > > > > > > > > > > > > > > > > > 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 > > > > > > Yahoo! Groups Links > > > 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 Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! 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