create backtest without ranking system

Research
1

it is possible to create a strategy without a ranking input,
the ranking is a waste of time, empirically

2

Every strategy has a fixed number of positions. It’s very hard to get a fixed number of positions without a ranking system. Buy and sell rules aren’t precise enough.

You could create a very simple ranking system for this purpose with only one node, e.g. market cap.

3

Euro, could you explain what you mean by this?
Are you attempting to test factors via screening rules only?
I’m very curious how other people conduct tests and experiments.

Tony

4

I use this for a No-Rank system for ETFs:

1
5

hello,

thank you for the replies,

Pre posting I had created trading strategies with Ranking and without Ranking and the rtn per annum is the same, on strategies with many inputs Ranking and no Ranking made a difference on rtn per annum, with Ranking rtn per annum the clear winner, on strategies with two or three inputs the Ranking versus no ranking made no difference.