Up / down is the only breakout filter I could figure out how to code up. Volatility with respect to the trend line you construct with point 1...
One Sentence Summary of the Hershey Method: "The market offers a series of profit segments defined by a trapezoid constrained by the first and...
I missed the entire up trend last year because I hung out there, and paid attention to Prechter. Then I discovered system trading. :D
"Clear writing is a sign of clear thinking" -Seykota
Lol I'd be interested to see the principle behind that. Like a one-sentence description of the essence of the Hershey method.
It's there in the back test but I don't know if I have a real system or a 13 year curve fit. I've had that "partnership with the market"...
For real? I'm pretty thrilled with 1.4 and no surprises. Maybe I'm not taking the "full offer of the market"?
Wow. Before I discovered system trading, I used to analyze charts for hours, solving for elliot wave counts. It worked most of the time. And it...
I'm just in this game to make piles and piles of money.
Agreed, however the parameters might need to be recalibrated from time to time, at the discretion of the scientist in command........ Enough...
Great post. I actually just tried a 2 tier stop loss based on consecutive losers, to kill some of the drawdowns. It boosted the 1 year...
I actually coded up a money management line similar to this the other day and added it to my system. It modified the equity curve just like a...
Aside from money management, it's just two lines of code (speaking on memory for their original system of buying a 40 day breakout and selling a...
Fascinating stuff here. It looks just like classical technical analysis (channeling, volume leading price, breakout retracements, higher...
Interesting. I still maintain that coupling a proven trend system with a proven range system and switching when the curves cross (plus a...
For the same reason the drug war was never won......... income stream for the district of criminals.
This is designed to limit HFT. If you've ever coded up a simple breakout HFT algo, the equity curve is a smooth parabola....................
I've learned quite a lot from Covel, and Tharp. Hershey has a concept that is quite interesting, however. I haven't figured out how to code it.
Interesting thread, thanks for posting.
Thanks again. I'm going to meditate on that for a while. I have very little finance background so I'm not familiar with much of what you write....
Separate names with a comma.