Here’s the Equity curve:
And here’s the code:
Buy=Sell=Short=Cover=0;
if (StrFind(“WOODGDXEPUIDXPALLJJG”, Name()))
Buy=Sell=1;
qty=6;
SetOption(“MaxOpenPositions”,qty);;
PositionSize=-98/qty;
SetTradeDelays(0,1,1,1);
BuyPrice=C;
SellPrice=O;
ShortPrice=O;
CoverPrice=C;
What’s happening here?
This is a variation of Jay Kaeppel’s post at optionetics but using some extra ETFs that have exhibited the same kind of behavior. Original article: http://www.optionetics.com/market/articles/2012/11/28/kaeppels-corner-the-greatest-gold-stock-system-youll-probably-never-use
It buys equal amounts of each of these 6 etfs: WOOD,GDX,EPU,IDX,PALL,JJG.
It buys on the close of the U.S.session, holds overnight and sells on the open the next day.
That’s it.
Would you invest in this strategy?
A variation of:
http://www.optionetics.com/market/articles/2012/11/28/kaeppels-corner-the-greatest-gold-stock-system-youll-probably-never-use
?
Exactly right! This is a variation of Jay Kaeppel's post at optionetics but using some extra ETFs that have exhibited the same kind of behavior. Original article: http://www.optionetics.com/market/articles/2012/11/28/kaeppels-corner-the-greatest-gold-stock-system-youll-probably-never-use
This might be too correlated with GDX but I think SIL works too