Sunday, December 7, 2014

bonus thinkscript: sdi_psarstgy_nq100 - the fabulous psar strategy preconfigured with psar-psearch optimizations

bonus thinkscripts are the extra's you get when you purchase a distribution of my thinkscript suite. in the past they have been thinkscripts that i pass along from other open sources in the import format. this new thinkscript is one for which i am not blogging the source code.

sdi_psarstgy_nq100 is the marriage of my previous sdi_psarstgy with psar-psearch. it is simply the psarstgy preconfigured to employ the psar-psearch optimized parameters for acceleration factor and acceleration limit when viewing any of the nasdaq 100 stocks. here's how this looks on aapl:
sdi_psarstgy_nq100 on aapl.
this chart shows how $10,000 of trading capital deployed buying and shorting aapl in 32 alternating trades might have returned 43% by the mechanical psar strategy with optimized input parameters.

5 comments:

  1. Allen,
    I want to purchase the sdi_psarstgy_nq100 for all the stocks in the nq 100. Let me know how much and how I get the fee to you. Thank you. August Mezzetta. I've been using the S&P 100 list you did for me and I'm happy with the results.

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  2. What's the cost and will it need recoding when specific stocks change character, you mentioned that with the AMZN post.

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    1. For $10 you get the distribution of all my studies AND this strategy as a bonus. The optimal psar settings for a historical time period tend to be closely related to the prior (consecutive or overlapping) time period of same duration. History never repeats exactly as before, but it does rhyme! The delivered bonus strategy has been optimized at some point in the last 6-9months (current scandate: nov 9,2015) based on a look-back period consisting of the 252 trading days prior to the scan-date. I have stopped being so diligent about updating the scan-date prior to deliveries because getting an un-fresh scan-date is actually an advantage due to fact that you get to see how the strategy performs with the 'training-wheels' off.

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  3. Hi Allen, does this work for futures trading too?

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    1. I can accomodate psar-psearch for futures as a custom code request but the bonus strategy presented here is for US stocks.

      Setting up a run for a futures product has some extra hassle qualities due to the problem of sourcing data for a continuous contract and adjusting for margin, adjusting for ticksize, etc.

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