Adrian Member  Posts: 44 Joined: 6/30/2005 Location: Cambridge UK  User Profile | Hi Richard, I wish to say many thanks for the posts yourself and scrappy have placed on the forum. I think I have learned more from your posts, and testing richard.ots than from any other OT source! Thankfully richard.ots now works with the latest version of OT2005! I say thankfully because Omnitrader indicates it outperforms (FTSE under general conditions) all other trading strategies I have tried including iTLB ! I have a couple of questions: (1) I remember that yourself and scrappy were happy with iTLB: What conditions did you choose to make it work effectively? ie was it with or without confirmation or did it require considerable culling of stocks before it would perform? Without culling I get poor performance of the iTLB strategies in general - I'm just investigating the consequence of culling. (2) I am confused regarding the usage of confirmation. Surely confirmation can be incoporated into the strategy ??? So far my findings suggests the need for confirmation depends on the quality of the strategy. For example Richard.ots has a very desirable property: Without stock culling, positive values for the 250 day BT and FT far outweigh the number of negative values. To me it seems a 'risk' to start confirming these trades manually as there is no validation from the BT or FT? (in fact I tried confirmation via RAL2 and it degraded my profit!) Whereas OT default strategy does not have this desirable property: It would need confirmation in my view (I haven't tried this yet). Best regards, Adrian | |
