StockFetcher Forums · General Discussion · Understanding the Performance Test<< >>Post Follow-up
drand11
19 posts
msg #147981
Ignore drand11
modified
5/31/2019 7:31:14 AM

I just want to make sure I am understanding the performance test properly.
I build filters to find me good 2-3 day Swing trades.

I trade stocks with daily range over 2.5%.
I typically set Stoploss at 1% - 2% but honesly, I wait to enter to limit my downside on given trade.

IF I had stoploss of 1.5%; I would have: Using 1 Day trade:

For Next..Overall Adv # Adv % Dec # Dec %
1 days 5.26% 30 12.34% 27 -2.41%
2 days 3.14% 21 17.07% 35 -5.04%
3 days 3.97% 24 17.66% 34 -5.69%
4 days 2.92% 25 16.34% 33 -7.24%


- 30 trades with 12.34% gains. (30 x 12%= 360% gains)
- 27 trades with loss avg of 1.5% due to my Stoploss. (27 trades x 1.5% Loss due to stoploss - 41% Loss)

So statistically, My Filter is good. I have 360/41= 8.8x Win ration on this filer (Theoretically)

Is this correct interpretation of the report?

Below is the Filter:

Show stocks where shares outstanding is below 20%
and close is between 2 and 50
Average Day Range(5) Above 2.5%
volume is above 100000
Close above EMA(18)
Close above EMA(9)

Sort Column 5 descending
add column RSI(2)
add column RSI(14)
add column Momentum(12)



Momentum(12) above Momentum(12) 2 day ago
RSI(14) above RSI(14) 1 day ago
MACD Histogram(12,26,9) above MACD Histogram(12,26,9) 1 day ago

draw MACD Histogram(12,26,9)
draw RSI(2)
draw RSI(14)
draw Momentum(12)

novacane32000
308 posts
msg #148005
Ignore novacane32000
6/1/2019 10:50:59 PM

Clickable

Fetcher[ Show stocks where shares outstanding is below 20%
and close is between 2 and 50
Average Day Range(5) Above 2.5%
volume is above 100000
Close above EMA(18)
Close above EMA(9)

Sort Column 5 descending
add column RSI(2)
add column RSI(14)
add column Momentum(12)



Momentum(12) above Momentum(12) 2 day ago
RSI(14) above RSI(14) 1 day ago
MACD Histogram(12,26,9) above MACD Histogram(12,26,9) 1 day ago

draw MACD Histogram(12,26,9)
draw RSI(2)
draw RSI(14)
draw Momentum(12
]



StockFetcher Forums · General Discussion · Understanding the Performance Test<< >>Post Follow-up

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