Registered: Sep 2003
02-05-11 08:41 AM
Amateur backtesting, a favourite at ET, produces little or nothing in usable results. An input of OHLC is too primitive but let me suggest further that 'divide and conquer' filtering has not been conducted first.
Statistical sorting derived, under certain parameters or filters, from the daily trading figures (of at least 2 years data), provide remarkable and highly valuable correlations/indications for each trading day ahead.
The point of this post is to be helpful. A very usable answer can be found but not from the endless backtesting conducted by various ET members.