Beyond Technical Analysis: How to Develop and Implement a Winning Trading System
Beyond Technical Analysis is about designing, testing, and implementing trading systems for the futures and equities markets.
Beyond Technical Analysis begins by develop-ing trading systems and ends by defining a system for trading. It focuses exclusively on trading systems. Hence, I have assumed that the reader has at least a working knowledge of technical analysis and is familiar with software for developing technical trading systems.
Beyond Technical Analysis is broadly divided into two parts. The first half deals with development and testing how the system worked on past data and discusses basic rules, key issues, and many new systems. The second half explores how the system might do in the future, with a focus on equity curves, risk control, and money management.
A key contribution is a new method called “data scrambling,” which allows unlimited amounts of synthetic data to be generated for true out-of-sample testing. The last chapter brings all of the material together by offering solutions to practical problems encountered in implementing a trading system.
This Book goes beyond technical analysis it bridges the gap be-tween analysis and trading. It provides a comprehensive treatment of trading systems, and offers a stimulating mix of new ideas, timeless principles, and practical guidelines to help you develop trading systems that work.
After reading this volume, you should be able to take your ideas and convert them into useful trading systems. This book develops deterministic trading systems, which means that all the rules can be explicitly evaluated.
Throughout the book, a number of trading systems are explored as examples of the art of designing and testing trading systems.
- Developing and Implementing Trading Systems
- Principles of Trading System Design
- Foundations of System Design
- Developing New Trading Systems
- Developing Trading System Variations
- Equity Curve Analysis
- Ideas for Money Management
- Data Scrambling
- A System for Trading