gbarber Veteran   Posts: 282 Joined: 12/30/2012 Location: Pearland, TX  User Profile | what is your process for finding good strategies in strat lab? I have not added any of my own strategies but I did create a lot of custom strategy list combinations with strat lab. To do this I used the setup in the first snag in the attachment. I used test one list against all systems, hit recalculate, and then sorted by CAR. I am interested in a high CAR but most of all I want a low drawdown. So went down the list looking for that combination (i.e., a high CALMAR). I would forgo a high CAR if the drawdown was also high. I enabled each attractive one I found and then hit 'add selected'. I did this for each list I was interested in. I used primarily the dynamic lists supplied by Nirvana but also included Kipp and K510 and a couple other static lists I created (from Dow Theory and Personal Finance). In general the dynamic lists performed the best but the Kipp list strategies were also good performers. I suspect this is because my date range is rather short. I picked 01/01/2014 to current because I wanted to get good performers for current market. I have seen others are using long date ranges to include many market types including the big bear in 2008. I probably will do that later to get a 'set it and forget it' sort of strategy and portfolio selection but I wanted to start with something that works well in the current market expecting I will have to change it from time to time. I then went to PW and brought up the strategies tab. This showed me all the custom strategies I had created in strat lab. Again I sorted by CAR and again I went down the list enabling the high CAR and low MDD strategies and not enabling the high CAR and high MDD strategies. I made sure I had at least 30 strategies enabled to give PW plenty to work with. Then I enabled all of the EVs on the evaluation tab. I do not have any custom evaluation formulas. Then I hit 'analyze' on the dashboard tab. That gave me an output with all of the EV functions listed. The setup I used in dashboard is in the attachment. The output I got is in the attachment of the previous message. I had a very good selection to choose from. So I picked the best and started using it. what account settings did I use. This is in the attachment. what date range? I used 01/01/2014 to present  Attached file : OV pro test setup.docx (191KB - 272 downloads) |
