Quoting Dave1DislikedHi guys,
Appologies for my lack of knowlege but I am almost totally lost with all this backtesting talk and analysing MA's etc. Zarnie, what exactly do you mean when you say the returns are good when using only the NI (1) for trading. For example, I presume you wait for the NI to give a 1 signal then you would buy when price reached the P/L but when would you close the trade, 12 or 24 hours, or would you have to monitor the trade throughout the day as a day trade. Again I do appologise for my nievaty.Ignored
enter @ prediction exit @ close based on neural index
The reason why i prefer this type of backtesting to enter @ prediction exit @ prediction or close is with historic data there is no knowing whether hi was before lo or vice versa. Less profit per trade but more trades hence more profit. Hope this explains it for you.
Now can anybody direct me to the set it and forget it system so i can backtest that too? Anybody?