Thnaks for the info Rob. I will try a test with a static set of BCI parameters.
I am using the standard Best Charts data source which I assume is Yahoo. I've done a few cursory checks but all seems to be OK so far. Note that I'm just using end of day data - maybe this is a bit more reliable. Is there any specific reason for you not using the BCI indicator ? In all the backtesting optimisations so far, over all stocks, the BCI is by far the best indicator (total % gain and probably average % gain/trade). This is why is chose to do the exercise on BCI. Are you comfortable with disclosing your typical annualised returns for trades based on the Best Charts software ? My interest arises from the very high returns that the optimisation process gives (say >70% pa) and was wondering if anyone actually gets this in practice, in a forward trading scenario. I haven't had any specific answers to this question yet..... Paul --- In [email protected], "ah_pigsy" <rya29...@...> wrote: > > I personally don't use BCI, but if you're worried about the data it's > returning I'd be going back and looking at the data source. Remember if > you're importing data intraday the results will vary and because the > algorithm for BCI is unknown you can't verify it. > Speaking of data Yahoo data is useless IMO, so I use Quotetracker through a > Commsec account to get live datafeed into Best Charts. Anyway that's beside > the point. > I'm currently assessing the MFI indicator as to whether it can generate some > early buy signals (basically when the current value bottoms out) compared to > the optimized signal it's giving. > As far as the optimisation question goes, I personally don't do it daily. If > I see that the otimisation has created a good set I will try and use them as > long as possible. > Rob >
