Lars Kestner – A Comparison of Popular Trading Systems (2nd Ed.)

This e-book was initially written to find out which concepts and techniques of revealed authors have been worthwhile. The techniques present in standard books often weren’t rigorously examined for efficiency. This guide is a car to check that efficiency. In its second version, the evaluation has been up to date and expanded to incorporate extra concepts and new strategies. Lars totally assessments some traditional techniques such because the 40/20 Channel Breakout, 10/40 transferring common crossover, RSI, Stochastics, and 20 day momentum. He then tears aside and even improves the efficiency of 34 techniques designed by gurus Jake Bernstein, Welles Wilder, Tom DeMark, Ulf Jensen, Tushar Chande and Stanley Kroll, Robert Barnes, and Joe Krutsinger. It’s then wrapped up with abstract tables exhibiting clearly which techniques work and don’t work. He even consists of the Easy Language code for the techniques!

The first version was initially written to find out which concepts and techniques of revealed authors have been worthwhile. The techniques present in standard books often weren’t rigorously examined for efficiency. With an evaluation that has been up to date and expanded to incorporate extra concepts and new strategies, this guide is a car to check that efficiency.

Table of Contents:
Table of Contents

1. Introduction 7
a. Why am I doing this?
b. Testing tips
c. The markets
d. Performance statistics
2. Systems 19
a. Control Systems
1. 40/20 Channel Breakout 21
2. 10/40 Dual Moving Average Crossover 26
3. 20 day Momentum 31
4. 14 day RSI Oscillator 36
5. 14 day %Okay Slow Stochastic. 41
b. Robert Barnes – Trading in Choppy Markets
1. Box Size Breakout Contra-Method
(10 days) 46
2. Box Size Breakout Contra-Method
(40 days) 51
3. DRV Profit Taker 56
4. Oscillator Method 61
5. Oscillator Method with ADX Filter 66
c. Jake Bernstein – Short Term Futures Trading
1. Stochastic Pop 71
2. Stochastic Pop (Revised by Lars
Kestner) 76
3. Critical Time of Day (Week) (Revised by
Lars Kestner) 81
4. Dual Exponential Moving Average 86
d. Tushar Chande Stanley Kroll – The New
Technical Trader
1. 5 day %F with Three day Moving Average
Crossover 91
2. 20 day %F with 10 day Moving Average
Crossover 96
3. 0.20 and 0. 10 VIDYA Crossover 101
4. eight day QStick with eight day Moving Average
Crossover 106
5. 20 day QStick with 20 day Moving Average
Crossover 111
6. Chande Momentum Oscillator with Moving
Average Crossover 116
e. Thomas DeMark – The New Science of
Technical Analysis
1. TD Line Penetration of Strength 1 121
2. TD Line Penetration of Strength 3 126
3. RS1 Mild Overbought/Oversold 131
4. RE] Mild Overbought/Oversold with Moving
Average Filter 136
5. DeMarker Mild Overbought/Oversold with
Moving Average Filter 141
6. Overbought/Oversold Moving Average
System 146
f. Ulf Jensen – How I Tripled My Money within the
Futures Market
1. Kurtosis with Alpha=0.03 151
2. Kurtosis with Alpha=0.10 156
3. FSRS 161
4. 1-2-3 Reversal System 166
g. Joe Krutsinger – The Trading Systems Toolkit
1. One Night Stand 171
2. Joe’s Texas Two Step (Three day Moving
Average) 176
3. Joe’s Texas Two Step (10 day Moving
Average) 181
4. Joe’s Quarter Pounder 186
5. Joe’s Gap 191
6. Fib Catcher 196
7. Joe’s Jesse Livermore 201
h. Welles Wilder – New Concepts in Technical
Trading Systems
1. Volatility System 206
2. Directional Movement 211
3. Evaluation 217
a. Summary of system statistics 218
b. Rankings primarily based on Net Profit 219
c. Rankings primarily based on Okay-ratio 221
d. Rankings primarily based on Sharpe Ratio 223
4. Conclusion 225
a. Comments on the general efficiency of the
techniques examined
b. Where can we go from right here
5. Appendix Easy Language Code 227