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SHI Backtesting

  • #1
  • First Post: Edited 8:23am Feb 13, 2007 7:42am | Edited 8:23am
Hi to all.
This morning I tryed some backtest taking data from metatrader.
After that, I have compiled an Excel file and I've analyzed the data inserting the close point I took looking the SHI SilverTrendSig.
I notice that, all the transaction, BUY or SELL, are profitable; as you can see in the enclosed PDF, some ot these only a few pips, but other also greater than 100 pips.
I would ask if someone can confirm me this indicator and his good respose to the market. I use that in EUR/USD with 2 pip spread.
I would like to know how to create an automated trading system based on this idea. Or someone has already created something similar.
Thank you all for your help.
Bye
Marco
Attached File(s)
File Type: pdf EUR.USD.pdf   17 KB | 967 downloads
  • #2
  • Feb 13, 2007 7:56am Feb 13, 2007 7:56am
Quoting rossim
Hi to all.
This morning I tryed some backtest taking data from metatrader.
After that, I have compiled an Excel file and I've analyzed the data inserting the close point I took looking the SHI SilverTrendSig.
I notice that, all the transaction, BUY or SELL, are profitable; as you can see in the enclosed PDF, some ot these only a few pips, but other also greater than 100 pips.
I would ask if someone can confirm me this indicator and his good respose to the market. I use that in EUR/USD with 2 pip spread.
I would like to know how to create an automated trading system based on this idea. Or someone has already created something similar.
Thank you all for your help.
Bye
Marco
I believe that the problem with SHI is that it repaints itself. so backtest is very different from actual trading... correct me if im wrong.

-Mikhail
  • #3
  • Feb 13, 2007 8:12am Feb 13, 2007 8:12am
Quoting mikhaildgreat
I believe that the problem with SHI is that it repaints itself. so backtest is very different from actual trading... correct me if im wrong.

-Mikhail

Hi Mikahil,

I've to try using "only" this indicator on real time. The problem is that the indicator appeara almost at every hour. Most in the night for me (GMT+1).
I used to use this indicator togheter with FX Sniper and Non LAGma, but I found that it works also alone...
Thank
MR
  • #4
  • Feb 13, 2007 8:27am Feb 13, 2007 8:27am
rossim,
if SHI repaints as Mickaildgreat said It is totally useless for realtime trading. I remember the Fisher_yurk...I thought It was the holy grail. Put it on the 1min chart and look if it repaints.
p.s. are you italian?I see "rosso""netto" in the pdf
regards
  • #5
  • Feb 13, 2007 8:44am Feb 13, 2007 8:44am
Hi IFT,

many thanks for your explanation.
The answer to your question is.... "almost". My country is in Italy, but is an independent Republic. My country is San Marino.

Have you ever tryed the "Tlatomi" method? The SHI is used also in this method and... it works.

Bye
MR
  • #6
  • Feb 13, 2007 2:23pm Feb 13, 2007 2:23pm
instead of going from the oldest bar in time to the newest bar in time to find the trend , it goes from the newest bar to the oldest bar. so as soon as it sees a trend it will repaint everything to show you that trend. unfortunately in back testing it looks like it tells you went a trend is about to happen, in real time it actually lets you know a trend after the fact.
  • #7
  • Feb 13, 2007 11:14pm Feb 13, 2007 11:14pm
It works in Tlatomi because it's used with the Ergodic CCI cross. By itself, it is very dangerous to trade. I've used it. It gives signals way to early unless you confirm with another indicator. I would suggest sticking with Tlatomi.
Quoting rossim
Hi IFT,

many thanks for your explanation.
The answer to your question is.... "almost". My country is in Italy, but is an independent Republic. My country is San Marino.

Have you ever tryed the "Tlatomi" method? The SHI is used also in this method and... it works.

Bye
MR
  • #8
  • Last Post: Feb 14, 2007 1:37am Feb 14, 2007 1:37am
Understood.
I've tried also looking 30m charts. It repaints until the trend change...
I will continue using that in conjunction with others indicators.
Thanks to all.

MR
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