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Re: TREND1 post# 39

Thursday, 01/02/2003 10:06:24 PM

Thursday, January 02, 2003 10:06:24 PM

Post# of 2377
(1)When running 4 daily red candle studies, I allowed OPT2
to range form .5% to 20% in .5% steps.


That was obvious but you missed my point that your OPT2 was never triggered, hence there effectively wasn't any price based stop. Also, it would behove you to look into something other than percentage stops, preferably something that adapts to current market conditions.

For now, I would suggest coding OPT2 as an indicator and plotting it so you can see it's not being triggered.

Regarding OPT4, 5, and 6. I'd already suspected there wasn't much to this beyond curve fitting rules that aren't related to market dynamics.

All that being said, I still admire your enthusiasm for system development.

Regards, MM

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