Thanks Rick. I think we have made good progress this week. I will test on the side the psar with pymariding and scaling out.
DislikedTo All Testers,
We had a good week, but I see some issues all of which I believe we can address. Here are my observations:
1. The MM made a big difference. All of the MM methods seemed to help except the PSAR based ones. I think I have a bug in there which was not raising the stop to protect profits. This hurt those trades all of which would have closed in profit were it not for my bug.
2. Ths ATR based TP also did very well. It is a conservative method and seemed to stear clear of problems. We can enhance this and the other methods by allowing a small position to continue on after the close using a TS.
3. The reason MM helps so much is that using indicators as our sole exit strategy is too much lag, especially in fast markets like today.
So we are getting much closer and you should all be congratulated for making this possible by devoting your time to testing.
I have released a bug fix (I hope) for the PSAR issue and I will test this weekend to try to be sure we have this problem solved. I will not release any new functionality until we stabilize PSAR. Could all the testers please run side tests on the PSAR with pyramiding and scaleout? More data points would be very helpful.