The Non Parametric Performance Measure described by Guy Brys and Luc Van Hoff can be easily implemented in the NeuroShell Trader by using the NeuroShell Trader’s ability to call external Dynamic Linked Libraries. Dynamic Linked Libraries can be written in C, C++, Power Basic (also Visual Basic using one of our add-on packages), and Delphi.
We’ve created an ACC Non Parametric Performance Measure indicator that you can download from the NeuroShell Trader free technical support website. The ACC indicator we’ve provided can be applied to any Trading Strategy created with the NeuroShell Trader.
After downloading the custom indicator and creating one or more Trading Strategies on a chart, you can insert the ACC indicator using the following steps:
Select ‘New Indicator …’ from the ”Insert’ menu.
Select the ‘Custom Indicator category.
Select the ‘ACC indicator.
Select the Trading Strategy to which you wish to apply the statistic.
Select the ‘Finished button.
You will notice that the ACC indicator is calculated for every bar of the Trading Strategy and includes all previous positions and the current open position in its calculation. Because of the NeuroShell Trader’s unique ability to have multiple trading systems on a single chart, it is very easy to use this statistic to compare multiple trading strategies. To do so, create an ACC indicator for each of the Trading Strategies that you have on a chart and compare the resulting performance measures.
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