Comments on: The Double Seven Strategy https://easylanguagemastery.com/strategies/double-seven-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=double-seven-strategy Helping you Master EasyLanguage Wed, 27 Jul 2022 17:35:01 +0000 hourly 1 https://wordpress.org/?v=6.9.1 By: Jeff Swanson https://easylanguagemastery.com/strategies/double-seven-strategy/#comments/6595 Tue, 12 Feb 2013 02:15:49 +0000 http://systemtradersuccess.com/?p=4165#comment-6595 In reply to John.

Thanks for running the tests. Buy and hold often can do better with a lot of models because of the upward bias of the market. But you have to suffer through some significant drawdowns. Buying above a 200-day SMA and selling below is something I have not specifically looked at but this article, The Death Cross – What You Need To Know, comes close.

]]> By: John https://easylanguagemastery.com/strategies/double-seven-strategy/#comments/6594 Sat, 09 Feb 2013 17:31:50 +0000 http://systemtradersuccess.com/?p=4165#comment-6594 I don’t have tradestation, so I modified a spreadsheet I have to test out your model. I tested from 5/22/08-2/8/13 (as that’s what my other models dates were). I did a very basic test just buying at the close when the Double7 said to, but didn’t use any ATR. All trades used all the account capital, so gains are compounded and I just bought/sold the S&P500 index (so similar to SPY). Results are below along with buy/hold, and what’s interesting is if you take out 2008 buy/hold is better for most years. I wonder if a simple model of buy/hold and just getting out of the market if S&P500 is below the 200 day moving average is just as good???

Also note that if you decrease the moving average the results get quite a bit better for Double7. The 200 day MA has a total gain of 34.98%, a 100 day MA has 43.59% and a 30 day MA gets 62.75%.

John

Double7
—————–
2008 – 0.00%
2009 – 10.62%
2010 – 1.28%
2011 – -2.96%
2012 – 19.32%
2013 – 4.06%

Buy/Hold
————
2008 – -35.22%
2009 – 23.45%
2010 – 12.78%
2011 – 0.00%
2012 – 13.41%
2013 – 6.43%

]]> By: pietro https://easylanguagemastery.com/strategies/double-seven-strategy/#comments/6593 Mon, 04 Feb 2013 14:42:50 +0000 http://systemtradersuccess.com/?p=4165#comment-6593 Try to run the code on the SPX period from 1980 till 1993, the performance chart does not look so good…

]]> By: Pete https://easylanguagemastery.com/strategies/double-seven-strategy/#comments/6592 Mon, 14 Jan 2013 18:46:22 +0000 http://systemtradersuccess.com/?p=4165#comment-6592 Thanks for sharing your code. As a long term Connors fan I’m always interested to look at his stuff.
Encouraging the way that the strategy has behaved itself lately, as a lot of strategies seem to fail post publication.

A stop loss of $1800 or $2000 works quite well on the SPY, but a five year flat period unfortunately makes this strategy hard to live with.

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