Standard deviation for Interval equity change, filtered vs. unflltered DM system

Figure 6.22 The unfiltered channel breakout system had larger standard devia­tion of interval equity changes.

This chapter showed that analyzing equity curves provides valuable insight into system design not available from the performance summary. Hence, no system development effort can be complete without examin­ing equity curves.

Chapter

Ideas for Money Management

Bad money management will crush a good system.