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Demark Indicators Backtested!

Hello all,

Attached is my implementation of the famouse demark indicators, Sequential, Combo, D-Wave, I have been working with them for the last month but I can say that they are totally useless, non robust even for every indicator on its own, no predictive value whatsoever, I have tested them on a collection of different stocks, multiple time frames, different combinations and nonthing was achieved at all, except for some overfitting. I wonder if some hedge funds still pay $500 monthly !

The strategy was built on the recommendation of Jason Perl Book , regarding the general entries, exits of wave 3 and wave 5 with sequntial setup / combo and RSI confirmation, and on multiple time frames.
The attached copy is only for 1day timeframe, so you can get started if you want to test or implement them into your code to see it yourself, since the multiple time frames is a big file that will be hard to read, but I am willing to share it if someone is interested.

Code was tested during every stage of development, so have trust in my implementation.

Feel free to clone, test and feedme back if you got something interesting.

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Backtest from to with initial capital
Total Returns
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Alpha
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Beta
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Sharpe
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Sortino
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Max Drawdown
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Benchmark Returns
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Volatility
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Returns 1 Month 3 Month 6 Month 12 Month
Alpha 1 Month 3 Month 6 Month 12 Month
Beta 1 Month 3 Month 6 Month 12 Month
Sharpe 1 Month 3 Month 6 Month 12 Month
Sortino 1 Month 3 Month 6 Month 12 Month
Volatility 1 Month 3 Month 6 Month 12 Month
Max Drawdown 1 Month 3 Month 6 Month 12 Month
# Backtest ID: 5623ef577524931116520243
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3 responses

i see

Good job.
Have you made code in MATLAB ?

Nope!