System Quality Number Score
Stop prices must be entered for each trade to be accurate.
System quality number score. And again quoting caprica here is a quote on system quality number. This data should not be deemed reliable until 30 trades. If you remember our system quality number formula. 1 6 1 9 below average but trade able score.
Bottom line takeaway for quality monitoring in call centers by monitoring a statistically significant number of calls scoring them against a calibrated scorecard and providing those data to everyone involved a. Score 1 6 1 9 below average but trade able 2 0 2 4 average. When you have 50 indicators on your quality scorecard each with its own performance function benchmarks values and weights then theoretically you can calculate the performance of each category and then the performance of the whole scorecard as a result you will have a single number some call it a quality score. Sqn root n expectancy stdev r given our example yielding an expectancy of 0 8 you have a system that wins 30 of the time.
Van tharp describes the quality of stocks indicies currencies and commodities with this sqn scores. 2 5 2 9 good score. 2 0 2 4 average score. 5 1 6 9 superb.
The windows experience index a rating of the performance of a user s pc went away starting in windows 8 but the underlying performance tests that generated this score remain even in windows 10. Here s how to run the windows system assessment tool and generate your pc s windows experience index score in windows 10. Technically speaking it will also lead to higher sqn scores. When it wins it nets you 5r while losing trades lose 1r.
The only way to seriously qualify and optimize any system is through its system quality number sqn. 0 3 5 0 7 1 1 5 0 7 0 8. 3 0 5 0 excellent score. The sqn indicator will show you if the trend ist high quality.
I advice you to refer to van tharp for reference on the subject.