Tue 26 Aug 2008
If I ever somehow try to convince myself to shut one of my systems down without real objective proof that the system should be shut off, I need only refer to the following chart, which shows how much better the Euro Ranger and Cable Glider work together than they do separately, and I should be cured of such a foolish notion.
These results are on the backtest page. This is the power of trading uncorrelated systems. Higher profit, lower variance.
|
Cable Glider |
Euro Ranger |
Combined |
|
|
Average Gain per week |
$192 |
$259 |
$451 |
|
Maximum Drawdown |
($3,911) |
($3,808) |
($3,587) |
|
Standard Error |
$50 |
$55 |
$73 |
|
Median |
$107 |
$214 |
$384 |
|
Mode |
$0 |
$0 |
$0 |
|
Standard Deviation |
$619 |
$675 |
$896 |
|
Coefficient of Variation |
3.23 |
2.61 |
1.99 |
|
Kurtosis |
1.57 |
1.65 |
0.91 |
|
Skewness |
0.56 |
0.28 |
-0.02 |
|
Worst Week |
($1,567) |
($1,761) |
($2,679) |
|
Best Week |
$2,201 |
$2,401 |
$2,833 |
|
Number of weeks |
151 |
151 |
151 |
|
positive weeks |
85 |
99 |
104 |
|
negative weeks |
46 |
35 |
40 |
|
breakeven weeks |
20 |
17 |
6 |
|
% Negative weeks |
30% |
23% |
27% |
|
Total Net Profit |
$28,948 |
$39,124 |
$68,072 |
|
Correlation |
(0.04) |
