The Motley Fool Discussion Boards
Investing/Strategies / Mechanical Investing
|Subject: Re: New screen - votes needed||Date: 2/5/2013 12:53 AM|
|Author: FLARAM||Number: 241426 of 258201|
This is simply not believable
Not unbelievable that your backtest came up with it, unbelievable that you can get this kind of CAGR in real life.
Agreed that there is no way that any of us can get those kinds of results in the future from this screen.
First of all the screen falls off quickly beyond a hold 5, I feel uncomfortable unless a screen at least gives
a decent return with a hold 20 or better.
The fact that there are 24 rules tells me that this screen is over-tuned to a fair-thee-well.
I don't think it's fair to say it has 24 rules because it takes 24 steps which include deblanking ect.
Dr. Bob's "restatement in English" above puts it at around 13 rules. However I have always thought
the accepted criteria that