Some users may not be very comfortable with the time consuming
calculations of sophisticated market timing method in the case of
long-term swings scenario. Moreover, they may want the timing algorithm
to be more intuitive. They are ready to be satisfied with lower
performance of such approach to market timing in return for fulfilling
their requirements. Command for mild form of market timing can be used
for that purpose:
Select NASDAQ-COMPOSITE data source with parameter settings for
catching long-term market swings (slow market waves) and hit RUN button
to download latest stock history. Sophisticated market timing can be
switched off via 'PARAMS' button.
Execute command 'Mild form of market timing ...' from program menu.
Method 'Mild form of market timing' is tracking deviations of market
trend from strictly linear trend, using simple method of linear
regression analysis.
Using appropriate commands from 'Tools 1' submenu, manually define
trading signals. following basic principle: buy low, sell high. You can
follow lows and highs on the curve of simple price swings that clearly
shows wave character. You will get following chart with trading signals:
Now you can run command for calculating and displaying 'Universal
trading report'. The report will show you trading statistics like this:
Trading statistics from the
overall market (basket) timing.
| Market history file =
|
E:\SMMproj\Source\NASDAQ-COMPOSITE-EOD\History.mdb |
| Average net compound
profit from Long&Short trades from market timing [%] =
|
502.96 |
| Average net profit since
3/12/2003 from Buy&Hold [%] = |
188.29 |
| Trading days since
3/12/2003 = |
1147 |
| Trading years since
3/12/2003 = |
4.55 |
| Annualized net compound
profit from Long&Short trades from market timing [%] =
|
48.40 |
| All stocks count =
|
2468 |
| Average max draw-down [%]
= |
21.84 |
| Net compound profit from
LONG trades from market timing [%] = |
275.49 |
| Percentage of winning LONG
trades from market timing [%] = |
71.38 |
| Net compound profit from
SHORT trades from market timing [%] = |
60.58 |
| Percentage of winning
SHORT trades from market timing [%] = |
61.94 |
| Bullish rallies from
market timing = |
4 |
| Chart frame days =
|
1278
|
| Chart frame from =
|
479 date 9/3/2002 |
| Chart frame to =
|
1756 date 9/28/2007 |
| One way commission [%] =
|
0.25 |
