Quote Originally Posted by darksentinel View Post
Halebop:
I did some very naive backtesting and here are some results:
NZX50 30/4/04 to 06/03/21:
Buy and hold over this time: 29.3% increase.
Buy at lowest point and sell at highest: 79.2% increase.
Buy whenever price goes above 31 SMA and sell when price goes below: 72.9% increase - brokerage on 62 trades = 48.1% on brokerage of 0.4%.
Buy/Sell whenever 7 EMA crosses 82 EMA: 60.8% increase - brokerage on 13 trades = 55.6% on brokerage of 0.4%.
Cheers DS, not a huge sample but impressive results all the same. I'm assuming on something like a 31 SMA the average hold time would have been relatively compact for your 48%?