Db.. I had the free 30 day trial to TS once....for me, the "easy language' might just as well have been Sumerian cuneiform!! Needless to say, I did not continue my subscription. My backtesting is based on visual observation over many years and actual trading. I learned to trade the old fashioned way....by losing probably 50k before it finally "clicked." I don't necessarily suggest that method!!! You folks that are more computer literate than I, have a big advantage. sorry I can't help more. Mike
I didn't mean to imply that I was using a program to backtest. I don't know how this sort of thing could be backtested that way unless it was made so mechanical that it would have little value. When I say "backtesting", I mean going back over old charts and scrolling through them bar by bar. That's the only sort of backtesting that does me any good anyway. For one thing, I can't see what's going to happen next. For another, it somewhat simulates what I will see in real-time, though the bars have to be moved manually. The advantage, of course, is that, if there's nothing going on, you can scroll through an entire day quickly, so the boredom factor of trading something like this in real time is not accounted for. But if one has the sense not to trade just because he wants something to do, this is not a problem. FWIW, I think Natalie backtests the same way. --Db
Indeed I do. I don't even have mechanical backtest systems and even if I did I'd only ever use them for the donkey work... Natalie
Ok, I get it....yes when I decided to trade this method I simply pulled up the charts and scrolled through it day by day as you suggested to verify what I had suspected. I think I only reviewed about 2 months worth of data. Sorry for misunderstanding your original question....again overly tired. Mike
My 10 month-old daughter got me up at 4 AM. Been up ever since - 4 cups of coffee later, I'm more dopey than I was at 4! Hang in there pops!
Looking at the 3 minute charts, it looks like your system would've gotten pretty churned today. Do you find that happens on many days? -Festus
That's interesting - because today looks like it would've been a pretty good day for a downside breakout of the opening 30-minute range, provided one could just sit there, hold the position, and watch the market putter all day.