Colin945 Member  Posts: 49 Joined: 2/26/2005 Location: Calgary  User Profile | Jim: Partially as a result of taking the OTU training over the past 9 months I've been doing a lot of work with Strategy Wizard. Your comments below are consistent with my own observations and conclusions. In SW I have decided to always use the PS option rather than use the performance reports. I set up PS to only use the Fixed $ amount and set that, and the portfolio equity, to allow all trades to be taken (I know how many stocks are in the list, say S&P 100). I also remove any trade selection criteria so I should be taking all trades. The biggest issue I'm currently wrestling with is trying to understand the settings availabe for the Fast Search. There seems to be no thorough documentaion as to how it works and what and how they should be adjusted depending on the potential number of permutations that would arise from Exhaustive Search. Are you aware of any such documentation? My feeling is that coupling SW with PS creates a very powerful tool, especially if used with appropriate quantities of in sample and out of sample data. I have found Pardo's book on the evaluation and optimization of trading strategies to be extremely useful and feel that we could benefit from the implementation of some of his evaluation approaches. Much of the raw data are already provided by the SW/PS combination. I know that you are one of the leaders in our Club community Thanks for listening. Colin | |
