Brian, I trade 4 times a day using 6 hour bars. I have a trading period of about 30 seconds during which a trade is made at the close of the bar.
I trade gold future contracts. I trade one contract now which is 100 ounces of gold. Gold has swings of $10 to $20 during one bar. Once I saw a swing of $50 in one bar. So on one contract, I have been up $1500 and during the next bar, I will be down $500. Tom --- In [email protected], "brian_z111" <brian_z...@...> wrote: > > I am curious about your post. > > You know how to calculate the metrics included with AB but you don't > understand them? > > In spite of that you managed to return approx 320% in a year? > > You system has the most important metric working for you ... you have the > money in the bank. > On top of that you did it in a bear year and achieved good results long and > short (as we would expect the shorts outperform the longs). > > And now you are repeating the effort this year. > You don't appear to be a trading novice ... not on those results. > > However, you didn't answer my first questions so I am left guessing and now I > have some more questions: > > - you say it is one year trading but total trades are 84 * ave 6.88 bars per > trade ... so if that is daily bars then that is more than a year.... or are > you intraday trading? > > - according to exposure you are only in the market 0.11% of the time yet the > market is volatile enough to hand over trades with an average win of approx > 2000% in 7.61 bars (on ave) ... which market is giving you swings of 2000% > every 7-8 bars? > > - I don't understand how you can have max consecutive losers == 5 and ave > loss == 1200% approx and have a max drawdown of around 20% ... on e loss > alone is greater than the drawdown. > > Did I understand you correctly ... this is how your system backtests and > trades? > > > --- In [email protected], "professor77747" <professor@> wrote: > > > > Thank you for your replies. However, I have the way they are calculated, > > but I don't know what they mean. For instance, CAR/MaxDD is good if bigger > > than 2. My formula is over 12. Is that good? > > > > However, the K-Ratio should be over 1.0. My forumula is .06. So that must > > be bad. > > > > I don't know how to judge my formula because I really don't understand how > > to interpret the figures. > > > > What should the Ulcer Index be. Is higher better or worse. > > > > I have just compared my formulas using Profit and Downdraw. I take the > > highest profit as long as the downdraw is close. > > > > Tom > > > > --- In [email protected], "Mike" <sfclimbers@> wrote: > > > > > > http://www.amibroker.com/guide/h_report.html > > > http://www.investopedia.com/categories/formulas.asp > > > > > > Mike > > > > > > --- In [email protected], "professor77747" <professor@> wrote: > > > > > > > > > > > > I have a very profitable formual that I have been autotrading for over a > > > > year. However, it is also risky. I have another formula that is not as > > > > profitable, but is also not as risky. My formula trade almost exactly as > > > > a backtest except for the price which varies by so little that it is not > > > > a factor. > > > > > > > > I don't understand any of the risk % factors in the top section and the > > > > factors below the drawdown figures in the bottom section. > > > > > > > > Here is a link to the statistics for last year which are very similar to > > > > this year except that there is more data. Statistics > > > > <http://success101.biz/Backtest%20Report.htm> > > > > > > > > Please help me understand these statistics. Thanks > > > > > > > > Tom > > > > > > > > > >
