Quote:
Originally Posted by dwperley
I have to admit the StrategyDesk UI is not the best, but the ability to create formulas provides the user with a great deal of flexiblility (e.g. changing the MACD numbers to reflect those described in Rule #1). When I first started with the tool I created 3 strategies, one for each of the Rule #1 checks and they all appeared to signal correctly when compared with the waveforms from MSN Money. I could have used the StrategyDesk waveforms but I thought MSN Money would be a better cross check. The problem I had was that when I combined all 3 checks (MA,Stochastic & MACD) in to one strategy my triggers were incorrect. At this point I thought I would give the StrategyDesk help line a call. Steve at the StrategyDesk was very helpful and after I explained exactly what I was trying to accomplish he was able to make the corrections and we had working BUY and SELL formulas. Shown below are the BUY and SELL formulas you need to create a Rule #1 Strategy:
Rule #1 3 Tools Buy Formula:
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Bar[Close,D] > MovingAverage[MA,Close,10,0,D]
AND
Stochastic[StocK,14,5,3,D] > Stochastic[StocD,14,5,3,D]
AND
MACD[Diff,Close,8,17,9,D] > 0
Rule #1 3 Tools Sell Formula:
---------------------------
Bar[Close,D] < MovingAverage[MA,Close,10,0,D]
AND
Stochastic[StocK,14,5,3,D] < Stochastic[StocD,14,5,3,D]
AND
MACD[Diff,Close,8,17,9,D] < 0
One feature the backtesting tool does not have is the ablilty to reinvest all the proceeds from the previous trade. The tool only allows you to reinvest the same # of shares or the same dollar amount. I have requested they enhance the tool to allow reinvesting of all proceeds. I created a crude Excel spreadsheet to compute the Rule #1 trading gain and Buy&Hold gain just to compare.
I would like to compare the results I had backtesting the example on page 257 in "Rule #1". On that page they show trades of their example on Cheesecake Factory (CAKE) from 13Mar03 through 31Dec03. Could someone complete this backtest and provide their trades, their Rule #1 trade gain, and their Buy&Hold gain for CAKE during that time period? Let me know what you get. I would be very interested to know.
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HI all,
This is my first post, so be gentle with me. I found this forum because I was googling StrategyDesk Formula's. I'm looking for a trailing stop that works. But in the mean time, I want to post both of my buy/Entry and sell/Exit formulas that I have been using since July 07 with good success.
Formula 1:
Entry:
MACD[MACD,Close,12,26,9,D] > MACD[Signal,Close,12,26,9,D] AND DirectionalMovement[+DI,14,14,D] > DirectionalMovement[-DI,14,14,D] AND DirectionalMovement[+DI,14,14,D] > DirectionalMovement[ADX,14,14,D]
Exit:
DirectionalMovement[+DI,14,14,D] < DirectionalMovement[-DI,14,14,D] AND CCI[CCI,20,D,1] >= 100 AND CCI[CCI,20,D] < 100
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Formula 2:
Entry:
DirectionalMovement[+DI,14,14,D] > DirectionalMovement[-DI,14,14,D] AND CCI[CCI,20,D,1] <= 0 AND CCI[CCI,20,D] > 0
Exit:
DirectionalMovement[+DI,14,14,D] < DirectionalMovement[-DI,14,14,D] AND CCI[CCI,20,D,1] >= 100 AND CCI[CCI,20,D] < 100
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I would be curious how these formulas work for you guys with your own stock list. If anyone has had any success with trailing stops formulas, I would like to see them.
Thanks