A mechanical trend following approach with stocks
Posted: Wed Aug 27, 2003 10:14 pm
Hi c.f.:
I am researching different stock market trend following systems.
I have yet to find any that are completely
mechanical with simple and easy to understand rules, for
learning purposes. I wonder if you could give me an example
of a system/strategy that would give me a base to work off,
similar to the turtle system you outline for futures. To
date, the only real trend following example I found is
William O'Neil's CANSLIM strategy, but, it is near
impossible to backtest for the simple reason that the system
uses a lot of proprietary fundamental data.
regards,
I am researching different stock market trend following systems.
I have yet to find any that are completely
mechanical with simple and easy to understand rules, for
learning purposes. I wonder if you could give me an example
of a system/strategy that would give me a base to work off,
similar to the turtle system you outline for futures. To
date, the only real trend following example I found is
William O'Neil's CANSLIM strategy, but, it is near
impossible to backtest for the simple reason that the system
uses a lot of proprietary fundamental data.
regards,