BarroMetrics View: System Research, for You?
A received a couple of emails asking if backtesting helps our bottom line. My answer, ‘absolutely’! It also asked if I would recommend any services. My answer: ‘yes, but I need to know what you are looking for’.
“a prior unfilled down gap during similar conditions has not been bullish historically.”
In short, yesterday we filled a downside gap, if we gap up today, should we sell and hold to the close? Or should we buy and hold to the close?
Similar questions for a gap down.
The site provides a full set of stats: average dollar win, consecutive wins, win rate, etc., If interested in the full answer go to:
On the other hand, if you are asking for a service that will test your ideas, Chris’ suggestion would be worth a try: Alan at http://www.helixtrader.com/. Chris’ comment:
“I know Alan personally, he trades his own funds for a living as well as now offering his services. Previously he traded his own funds only. He is a great guy and a very talented developer with trading expertise.”
Final question posed: “What commission do you receive for your recommendations”? My answer, not a dime. I recommend sites because I believe they provide a service.
Oh, almost forgot…..a reminder if you want the updated backtesting system’s report with two new backtesting services included, please do drop me a line – here or at email@example.com