Monday, June 9, 2014

best psar settings on amzn

amzn p&l trading 10k using sdi_psarstgy with acc. factor=.01 and acc. limit=.12
i wrote a program that hunts for good psar settings in specified stocks. unfortunately the program is not the sort of thing that one would implement in thinkscript. i am finding settings that produce these 50% profits in one year quite frequently so every once in a while i will share 1 or 2 of them. however, be forewarned the optimal settings drift over time so a month or two down the line these settings may not look so favorable.

2 comments:

  1. Nice job on your script and the examples. Your optimization is very interesting. Have you found that these settings are superior to the traditional for other stocks. Is this a better standard setting? Do you recommend customizing the psar settings to each stock?

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    1. .01/.12 are superior settings for amzn only, at this time. they will probably not be so profitable for other stocks. i find that psar settings need to be customized to each stock and then re-tuned occasionally. generally speaking, low settings for acceleration limit work best for stocks that are low-volatility, buy 'n hold stocks and higher settings work better for those that are better trading vehicles. an interesting exercise is to see which stocks produce profits with the 1/1 setting which aggressively advances the stop and then which stocks produce better profits with the .1/.1 setting.

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