Trading Systems
I plan to periodically update this site with examples of technical analysis systems
Aroon Plus System
This system can be developed with existing tools in WOW and MS. An important distinguishing feature that WOW has is the system testing capabilities in Smart Scan. The following Excel table shows a system test for Aroon Plus for Buy and Sell signals generated over the past 60 days. This system test indicated that 78% of securities triggering a trade signal in this time frame show a net profit when stock is bought or sold at the open price the day following the trade signal. Starting capital for this test was $10,000. The 78% figure is about as high as I've seen.
| SMART SCAN REPORT | ||||||
| Executed January 18, 1997; 12:10 AM - Scanned last 60 periods. | ||||||
| Trading Systems: Enabled, Custom Alerts: Enabled, Percent Change: Disabled | ||||||
| % Change settings: Close = 0.000%, High = 0.000%, Low = 0.000%, Volume = 0.000% | ||||||
| Scan executed on 0 charts and 2377 securities. | ||||||
| System Net $ | ||||||
| 01/10/97 - | MISONIX INC] | Buy | at 8.19 | 72317.26 | ||
| 11/27/96 - | PACIFIC SUNWEAR] | Sell | at 25.50 | 68057.21 | ||
| 12/23/96 - | PAUL HARRIS STOR] | Sell | at 18.63 | 62129.42 | ||
| 01/03/97 - | TRANS ENERGY INC] | Sell | at 6.00 | 56109.84 | ||
| 12/17/96 - | INFODATA SYS INC] | Buy | at 5.13 | 54932.76 | ||
| 10/29/96 - | MEDIS E LTD] | Sell | at 8.63 | 52915.34 | ||
| 01/07/97 - | APPLIED MAGNETIC] | Buy | at 33.25 | 50075.64 | ||
| 12/13/96 - | FEDERAL AGRIC MT] | Buy | at 24.50 | 46768.08 | ||
| 12/19/96 - | A S V INC] | Buy | at 26.75 | 42397.13 | ||
| 12/31/96 - | MARKET FACTS INC] | Sell | at 17.50 | 40855.70 | ||
| 01/14/97 - | TSR INC] | Sell | at 22.12 | 40227.91 | ||
| large middle section of report deleted | ||||||
| 11/14/96 - | FILENET CORP] | Buy | at 29.88 | -5445.95 | ||
| 12/11/96 - | TIVOLI INDS INC] | Buy | at 1.88 | -5617.95 | ||
| 01/09/97 - | ONEWAVE INC] | Buy | at 8.00 | -6027.56 | ||
| 12/23/96 - | INTERSOLV INC] | Sell | at 9.00 | -6142.12 | ||
| 09/18/96 - | ALPHA SOLARCO IN] | Buy | at 1.56 | -6162.33 | ||
| 01/14/97 - | ID BIOMEDICAL CO] | Buy | at 4.63 | -6223.36 | ||
| 12/19/96 - | ULTIMATE ELECTRS] | Buy | at 3.75 | -6634.67 | ||
| 11/05/96 - | STAR RES CORP] | Buy | at 0.91 | -6898.38 |
