--- In [email protected], "Tomasz Janeczko" <gro...@...> wrote:
>
> Hello,
> 
> Either sizing or adding offset is required if you want CONTINUOUS equity 
> curve, otherwise at the end of one part of WF you would
> have a jump back to initial equity. Choosing the model depends on using 
> compounding or not.
> Most users were interested in using compounding , hence this method is 
> implemented. If you want offseting as an option use Feedback Center
> to fill the suggestion.
> 
> Best regards,
> Tomasz Janeczko
> amibroker.com
>   ----- Original Message ----- 
>   From: Leading Edge Systems 
>   To: [email protected] 
>   Sent: Wednesday, July 22, 2009 9:41 PM
>   Subject: [amibroker] Re: Walk Forward Result Not Accurate?
> 
> 
> 
> 
>   I am new to AB but very familiar with walk forward analysis. AB should have 
> an option to show the OSEQ curve without applying a sizing method so that the 
> walk forward (which is usually done without sizing) net profit from each 
> piece when added together will equal the OSEQ curve. It should also have the 
> option of applying various sizing methods to the OSEQ set of trades. Do these 
> options exist in AB?
> 
>   Thanks
> 
>   --- In [email protected], "jacklweinberg" <jacklweinberg@> wrote:
>   >
>   > As I discussed privately with Thomas Ludwig, the key point is that the 
> Walk Forward results that are shown in the spreadsheet at the end of the walk 
> forward analysis, do NOT agree with the ~~~OSEQUITY ticker.
>   > 
>   > The reason is because the ~~~OSEQUITY ticker is "stitched" together from 
> the out of sample equity tickers to be a continuous vector, as is explained 
> in the AmiBroker documentation. That is compounding, and other factors are 
> included in the ~~~OSEQUITY ticker.
>   > 
>   > HOWEVER, this implies that summary statistics based on the ~~~OSEQUITY 
> ticker may or may not represent reality. 
>   > For example, I have been using the summary stats (e.g. K-Ratio, Max 
> Drawdown, etc.) that came from the ~~~OSEQUITY curve to compare the walk 
> forward results of systems. 
>   > 
>   > I suppose that comparing systems this way is still reasonable. However 
> the absolute values of the summary stats are somewhat in question.
>   >
>

Tomasz,
May I suggest that if we had the ability to capture the exact walk forward 
trades in an easy manner, then this point would become somewhat moot.


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