Ok guys, I have been doing a bit of work on the figures. Using the delayed 7 day difference, which is what the system uses and working with data from 1988 to now. Here's what I have found:
Total Pts: +28415
Largest gain: +443
Largest loss: -882
Largest drawup: +329
Largest drawdown: -1223
Winners: 631
Losers: 223
Strike Rate: 73.9% (IK mentioned 84% somewhere, maybe he used a different time frame)
I also checked it with different time lags. Here are the total points for each:
16079 -10days
24661 -9days
30709 -8days
28415 -7days (IK's system)
22264 -6days
22048 -5days
24464 -4days
As you can see we would be better off with an 8 day delay over that period, rather than 7 day. Here is the stats for 8 day:
Largest gain: +467
Largest loss: -815
Largest drawup: +352
Largest drawdown: -1090
Winners: 599
Losers: 203
Strike Rate: 74.7%
I also did a test using SP500 and Nasdaq as pairs. Total disaster..
Also only using just the Dow price with a 7 day lag. Same principle as a pair... Don't even go there..!! you would die..!!
Interesting hey......
Cheers Snip