trailing stops, 251, 252–253
expert exits and, 180–182, 180, 181, 249,
250 , 365–366, 365, 366
Harris 3L-R pattern variation system and,
247–248, 248 , 356–358, 356, 357,
362–363, 362
hybrid system No. 1 and, 233–236,
234–236, 363–365, 363, 364
meander system and, 240–241, 240 ,
349–351, 349, 350, 363–365, 363, 364
volume-weighted average system and,
242–245, 243, 244, 352–356, 352,
353 ,3 55 359–362, 360, 361, 363–365,
363, 364
trend filters, 186, 255–258, 256, 257
Harris 3L-R pattern variation system and,
165
rotation system and, 139
volume-weighted average system and,
155–156, 157
trimmean function, profit calculation and,
30–31
true-range stop, 252
underwater equity chart, 59, 59
DRMM and, 319, 319, 323
Van Hedge Fund Advisors, 329
variables, 271–280
consistency of system and, 272–273
equity variation over trades, 277–278, 278
loss in, 278–279, 279
robustness of system and, 272
stability of system and, 271–272
Vince, Ralph, 295, 296, 312, 380
volatility-based stops, 210–212
volume-weighted average, 80–81, 153–161
average volume (AV) in, 153volume-weighted average(continued)
combined money market strategies,
366–369, 367, 368, 369, 369–374, 370,
371, 372
entry rules in, 156
evaluation of, 186
exit placement in, 220, 241–245
highest average volume (HAV) in, 153
lookback period in, 155, 158–159, 158, 159
lowest average volume (LAV) in, 153
Merck trading using, 160
original rules for, 154
previous bar VMA (PVMA) in, 153–154
pros and cons of, 154–155
relative strength bands filter use of in,
264–266, 264
relative value (RV) in, 153
revising and modifying, 155–159, 155, 160
risk–reward ratio in, 158–159, 158, 159
rotation system filter use of in, 268–269,
268
RS system No. 1 filter use of in, 261
short vs. long in, 154–159, 156
starting equity for, 154
stop loss in, 156, 157
stop-loss version of, 241–242
suggested markets for, 154
test period/test data for, 154
TradeStation code for, 159–161
trailing-stop version of, 242–245, 243,
244 , 352–354, 352, 353, 354–356, 355 ,
359–365, 360, 361, 363, 364
trend filters in, 155–156, 157
winners
average winners and losers in, 20–22
distribution of trades and, 193–199, 192
in a row, 38–43, 41, 42Index 393Stridsman Index 5/27/03 4:37 PM Page 393