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The same seems to be true for the discretionary entry on TechTrader which states the the share must be clearly breaking out or reversing trend (or words to that effect)...practically impossible to apply in testing.

Additionally there is the $10 price limit and the money flow filter. Both of which might ultimately be affected by inflation, unless of course $10 has been some psychological level for decades...so unless you adjust such filters going back in time you will pick the RIOs and the BHPs back when they ticked those boxes and make yourself a killing. But maybe that is okay? Maybe we would have traded those if the system was running back then. I'm not convinced and I'm not sure it's wise to over-rate hindsight.

I do agree that such a system is robust enough to pick such trends going forward though. There is perhaps then less value in the actual statistical results of backtesting shares and more value in going back and looking at the charts, as you have done with IIN, RIO and MAP, to see if your system is catching what you intend it to.

I would never have thought about the broker consensus rating as a filter or a liquidity measure. Does it mean that if enough brokers rate it a buy then either them or their clients are making a market for it?? Clearly not everyone gets common sense assumptions

<blockquote data-quote="theasxgorilla" data-source="post: 177636" data-attributes="member: 6099">The same seems to be true for the discretionary entry on TechTrader which states the the share must be clearly breaking out or reversing trend (or words to that effect)...practically impossible to apply in testing.Additionally there is the $10 price limit and the money flow filter.&nbsp; Both of which might ultimately be affected by inflation, unless of course $10 has been some psychological level for decades...so unless you adjust such filters going back in time you will pick the RIOs and the BHPs back when they ticked those boxes and make yourself a killing.&nbsp; But maybe that is okay?&nbsp; Maybe we would have traded those if the system was running back then.&nbsp; I&#039;m not convinced and I&#039;m not sure it&#039;s wise to over-rate hindsight.&nbsp; I do agree that such a system is robust enough to pick such trends going forward though.&nbsp; There is perhaps then less value in the actual statistical results of backtesting shares and more value in going back and looking at the charts, as you have done with IIN, RIO and MAP, to see if your system is catching what you intend it to.I would never have thought about the broker consensus rating as a filter or a liquidity measure.&nbsp; Does it mean that if enough brokers rate it a buy then either them or their clients are making a market for it??&nbsp; Clearly not everyone gets common sense assumptions <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></blockquote>

[QUOTE="theasxgorilla, post: 177636, member: 6099"] The same seems to be true for the discretionary entry on TechTrader which states the the share must be clearly breaking out or reversing trend (or words to that effect)...practically impossible to apply in testing. Additionally there is the $10 price limit and the money flow filter. Both of which might ultimately be affected by inflation, unless of course $10 has been some psychological level for decades...so unless you adjust such filters going back in time you will pick the RIOs and the BHPs back when they ticked those boxes and make yourself a killing. But maybe that is okay? Maybe we would have traded those if the system was running back then. I'm not convinced and I'm not sure it's wise to over-rate hindsight. I do agree that such a system is robust enough to pick such trends going forward though. There is perhaps then less value in the actual statistical results of backtesting shares and more value in going back and looking at the charts, as you have done with IIN, RIO and MAP, to see if your system is catching what you intend it to. I would never have thought about the broker consensus rating as a filter or a liquidity measure. Does it mean that if enough brokers rate it a buy then either them or their clients are making a market for it?? Clearly not everyone gets common sense assumptions :) [/QUOTE]

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