Hi Pascal
Regarding the stats tables for both robots.
One suggestion I would make to avoid confusion would be to change the title "Exit Date" to "Signal Date" because the dates showned are the after the close "signal dates" and the "exit price" showned for those trades are actualy the OPEN price of the following day OR the Stop Loss "exit price". I discovered this trying to recompute your results on a spreadsheet.
I would also add a note for future publications indicating that the "Exit Price" is the OPENING PRICE of the day following a signal OR the STOP LOSS price on that date.
I would appreciate if you could supply your excel formula to compute the counpounded returns because I get some small discrepencies with my formula (it may be just a rounding issue).
Normand
Yes Normand, you are right regarding the rounding issue: some entry prices carried more than two digits, because they were taken directly from the Robot's calculations. I corrected these to limit to two digits and indeed, there is a 0.01% change on the compounded returns.
I also followed your advised and chnaged the exit date title.
Pascal
Hi Pascal,
Strange to address another person with my own name...
Thanks for your reply
I now have an other issue: I have made a subsription to both the Robots and to the EV database.
I am trying to find my way around the hugh amount of information...
When I try to access a post in "Value In Time" - "New introduction post from Bob English" and I click on the link to access "http://www.effectivevolume.com/showt...ead-this-first!", I get an error that I do not have permission to access that page?!?
Am I to novice to the forum?
Are there pages that I can not access with a full paid subscription?
Or is there an error in the link?
Please help!
I assume that the returns are based on successfully filled limit orders only. That is, limit orders that are placed at the open that DO NOT get filled are excluded. Is my assumption correct. thx, bz
Billy, thanks for the reply, but being a rather novice trader, I'm still a little confused. After getting the ROBOT signals before the market opens each day, I place a limit order. Sometimes it gets filled, sometimes it doesn't eg. market gaps up and never looks back. If I continue this same procedure, am I matching the ROBOT, assuming I manage my stops in line with the ROBOT as well? Moreover, is my procedure correct?