StockFetcher Forums · Filter Exchange · Are these results any good?<< >>Post Follow-up
stockfetcher01
25 posts
msg #81679
Ignore stockfetcher01
10/24/2009 11:32:53 AM

I am new and learning, set this ffilter to only buy $6 - $10 stocks. Thanks for any responses.


Results:


Test started on 12/31/2003 ended on 06/29/2004, covering 123 days
Filter used:

Trade Statistics
There were 56 total stocks entered. Of those, 53 or 94.64% were complete and 3 or 5.36% were open.
Of the 53 completed trades, 36 trades or 67.92%resulted in a net gain.
Your average net change for completed trades was: 0.41%.
The average draw down of your approach was: -5.09%.
The average max profit of your approach was: 4.81%
The Reward/Risk ratio for this approach is: 1.19
Annualized Return on Investment (ROI): 44.89%, the ROI of ^SPX was: 4.81%.

Exit Statistics
Stop Loss was triggered 8 times or 15.09% of the time.
Stop Profit was triggered 34 times or 64.15% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (5 days) 11 times or 20.75% of the time.
An exit trigger was executed 0 times or 0.00% of the time.


chetron
2,817 posts
msg #81680
Ignore chetron
10/24/2009 12:10:50 PM

WELCOME

NOPE

HTH

stockfetcher01
25 posts
msg #81681
Ignore stockfetcher01
10/24/2009 12:13:33 PM

chetron, thanks for the feedback, you have any thing simple I can use for monday morning?

stockfetcher01
25 posts
msg #81693
Ignore stockfetcher01
10/24/2009 4:35:28 PM

this % is higher than every sample provided by members, if you dont mind how high should it be?

Kevin_in_GA
4,553 posts
msg #81698
Ignore Kevin_in_GA
10/24/2009 6:25:12 PM

Welcome to the forums.

Have you searched here a bit on the performance of other posted filters?

I think the short answer to your question is "yes, other filters can provide better ROI results." It depends greatly on your time frame for the backtest.

As a test, let's compare filters against the following time frames:

08/01/08 until 12/01/08 (a VERY ugly downtrend)

05/01/09 until 09/01/09 (a VERY nice uptrend).

A good filter should be able to provide results over that of the ^SPX during any time period tested.

Here is a simple (long ONLY) filter that I have posted here and commented on many time over the last three months, and the results for the time frames listefd above:

Filter used:

CLOSE 1 DAY AGO IS BELOW LOWER BOLLINGER BANDS(16,2.5) 1DAY AGO
and close is above close 1 day ago
and close is above 1
and volume is above 50000


Test started on 08/01/2008 ended on 12/01/2008, covering 84 days

Trade Statistics

There were 347 total stocks entered. Of those, 97 or 27.95% were complete and 250 or 72.05% were open.

Of the 97 completed trades, 97 trades or 100.00% resulted in a net gain.
Your average net change for completed trades was: 22.05%.
The average draw down of your approach was: -9.75%.
The average max profit of your approach was: 33.75%
The Reward/Risk ratio for this approach is: 0.00

Annualized Return on Investment (ROI): 423.35%, the ROI of ^SPX was: -104.98%.


Test started on 05/01/2009 ended on 09/01/2009, covering 85 days

Trade Statistics

There were 447 total stocks entered. Of those, 197 or 44.07% were complete and 250 or 55.93% were open.

Of the 197 completed trades, 197 trades or 100.00% resulted in a net gain.
Your average net change for completed trades was: 27.41%.
The average draw down of your approach was: -9.49%.
The average max profit of your approach was: 31.64%
The Reward/Risk ratio for this approach is: 0.00

Annualized Return on Investment (ROI): 242.63%, the ROI of ^SPX was: 41.72%.


Kevin_in_GA
4,553 posts
msg #81700
Ignore Kevin_in_GA
10/24/2009 6:35:34 PM

By the way, the results I just posted were also posted only 3 days ago in this thread:

http://forums.stockfetcher.com/sfforums/?q=view&fid=1001&tid=81485&qrid=

Please be sure to read through the forum threads, especially those clearly related to filter performance, before making any statements regarding your filter ROI% as being better than every other result posted here ...

Thanks!

stockfetcher01
25 posts
msg #81704
Ignore stockfetcher01
10/24/2009 7:09:55 PM

kevin, thanks for taking the time to help me, good advise, thanks a milion. sf

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