Are there pullback systems that backtest well?

Discussion in 'Strategy Building' started by jimcrist, Feb 24, 2004.

  1. Hey SumJurk,

    What's holding you up? Be our guest!

    :p
     
    #21     Feb 26, 2004
  2. SumJurk

    SumJurk

    I just fade intraday highs and lows. Big secret...huh.

    But, some days, there's a bunch of us doing it, and we can make some good money.
     
    #22     Feb 26, 2004
  3. Nitro speaks the truth.

    WDGann is drunk. :D


    peace

    axeman



     
    #23     Feb 26, 2004
  4. nitro

    nitro

    No.

    You're welcome.

    nitro
     
    #24     Feb 27, 2004
  5. Bwahahahhahahahahaahahahahahahaha!!!!

    Nothing's free!!!
     
    #25     Feb 27, 2004
  6. nitro

    nitro

    GANN

    Can you believe it? We are up at 2:00AM researching, and these guys want what we don't "use" anymore, to top it all, while they are sleeping.

    Sheesh!

    nitro :(
     
    #26     Feb 27, 2004
  7. My model, since it is orginally a mathematical model, doesn't reason directly in term of pattern, but I am now categorising some typical behavior and the one I have untitled Bullish Inverted Structure is typically a pullback pattern. I am in the process of formalising the definition so as to eliminate any fuzinesss and will then compile statistics - although I have already a good idea of what statistics should be but I will quantify exhaustively and very precisely once the definition is fixed -
    see trending days
    http://www.elitetrader.com/vb/showt...779&perpage=6&highlight=trending&pagenumber=7
    <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=418698>
     
    #27     Feb 27, 2004
  8. Interestingly, what is a pullback, anyway?

    A series of price actions that collectively are evaluated as a pullback by some traders can be practically measured as a combination of an uptrend and an downtrend by others! :mad:

    :confused:
     
    #28     Feb 27, 2004


  9. Nihil novum sub soleil... or something like that .
    Only approach might be innovative, like using 3d projection of price movement to predict future price turning points. Or better yet using unusual combination of indicators and or known methods.

    Shees.. I thought you know that
     
    #29     Feb 27, 2004
  10. nitro

    nitro

    I don't understand what you are trying to tell me.

    nitro
     
    #30     Feb 27, 2004