implement "follow through" method in back testing
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Patrick Stander
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Patrick Stander
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In the August 12, 2011 views and strategy, it was reiterated to use Dr DiLiddo's recommended "follow through" method. I have seen this mentioned countless times but never implemented in the tool. Since VV recommends using this method, it would be great if it were incorporated into the tool. Specifically, the following 2 conditions would be important in the implementation:
#1: After a signal, such as Confirmed UP, wait to buy until the market is actually moving UP.
#2: Assuming condition #1 is met, only purchase stocks when they are moving in the same as the signal that was met in Condition #1.
Thanks!