I have been playing around a little more with RealCode and came up with this pretty cool channel tool. The channel lines are formed by historic TDST lines. I used the “color if” block to hide the TDST line when the price was either above or below the appropriate line.
I did some quick backtests on buying the pullback after a breakout above the green TDST line. Here are the results for the Nasdaq 100. I’m pretty impressed by the results.
very impressive back test results, especially for an index timing system. would you post a plot of the equity line and eq line vs buy and hold to help put the results in perspective?
EFB
Sure, I’ll post it later tonight. Keep in mind that the backtest was done on all the stocks within the Nasdaq 100, not on the index itself.
Paul