Finding reliable trading strategies (revisited) by Thomas P. Drinka
ARTICLE SYNOPSIS ...Finding reliable trading strategies (revisited) by Thomas P. Drinka
With the proliferation of microcomputers and analytical software, speculators and commercial traders routinely conduct research to evaluate the potential performance of trading strategies. These investors optimize their technical indicators by evaluating the trading performance of different parameter sets for each indicator.
""Unfortunately,"" according to system programmer Steve Kille, ""most technicians are simply searching for a set of rules which produce the highest level of profits over historical data and then using th...