I am writing an Expert (for the past few months, still a long way to finish or I should say it will never finish due to constant updating)
I am trying to put together an Expert to give my trading signals based on the best signals each system I have tried would offer, and then I am eliminating the bad signals with filters. (I do not do back testing, do not like it, I prefer to do a forward testing with real Market data at the heat of the battle), back testing removes a very important element from the fight, EMOTIONS.
The system could be very good on paper or even the best, BUT would I dare to take the signals in REAL LIFE when real money is at stake?!
After adding more pieces I am checking the signals against the market information and removing the conflicting signals inside the Expert. An example I am getting MACD Bullish from one formula but getting MACD Bearish from another, I would check which should stay and which should go out.
Remember this expert is actually at least 100 Experts together (cannot really tell any more; I mean if you put its code in Word, would be about 11 pages long mostly small fonts)
I cannot post the Expert as some parts of it are copyright.
But I can tell why I needed the formula,
I am comparing the peak low to some performance guide, as usually you cannot sell at the Peak high as it lasts just a few seconds at times. But the low you can still do something or at least a bar close to it.
I mean if the Expert does not give signals you can take and act upon so what is the use; if it only gives the signals after it is too late.
The performance of 3 months and 1 year:
3 Months: writeif(roc(C,63,%)>0,"writeval(roc(C,63,%))%","writeval(roc(C,63,%))%")
12 Months: writeif((((Close/valuewhen(1,year()<>ref(year(),-1),C))-1)*100)>0,"writeval(((C/valuewhen(1,year()<>ref(year(),-1),C))-1)*100)%","writeval(((C/valuewhen(1,year()<>ref(year(),-1),C))-1)*100)%")
In the Brazilian market, your choices of companies are limited compared the US Market; we have about 300 companies listed, only about 20% worth a while. oz_pdt_02y
We are talking about 60 companies that is all.
But this gives me the chance to be able to check all of them on a daily basis if I want to :lol: .
Best regards,
Bulli
