Beyond the hype of hershey futures method journal

Quote from Spydertrader:

You have just described a two bar Pennant Formation. Specifically, FTP and FBP.

- Spydertrader

I thought I read something about pennants in the document, I'll have a closer look. Thanks spyder.

RoughTrader
 
Quote from RoughTrader:

Without sounding offensive, why do I get the feeling I am unable to get direct answers in this thread?

RoughTrader
There are discussions and illustrations of your scenario in the Journal.
 
Quote from RoughTrader:

I..
Given this condition, are the two bars sufficient to make a tape? or do we actually have to seen a later bar break through the H2 = H1 level (or L2 = L1 level)?

RoughTrader
I will say I need more than 2 bars to made a tape
 

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Quote from RoughTrader:

Without sounding offensive, why do I get the feeling I am unable to get direct answers in this thread?

RoughTrader

Because after you are done all this, you will likely find it to be a giant Rube Goldberg machine. This is why many have complained about the complexity of this, and the major lack of independently verified results. I challenged Jack to a contest a couple of weeks back, and he bailed.

I suspect you will be realizing all this within 1-3 months. Then you can start focusing on things that actually have value.
 
Hi, roughtrader

Are you going to open your source? It seems to me that no matter the outcome, without community participation to verify whether you correctly implemented the method, you results will be doubtful. What is the purpose then?
 
Quote from Tums:

There are discussions and illustrations of your scenario in the Journal.

Hi Tums,

There are approximately 1000 pages in the journal. Instead of having to wade through hours, even days needlessly, if you have some idea where to look, could you please point me in the right direction?

My questions are simple, I'm only asking for simple answers....

RoughTrader
 
Quote from plodder:

Hi, roughtrader

Are you going to open your source? It seems to me that no matter the outcome, without community participation to verify whether you correctly implemented the method, you results will be doubtful. What is the purpose then?

I will not open any code I write, but if anyone inquires about specific rules / methods, I will point them in the right direction.

RoughTrader
 
Quote from rcanfiel:

Because after you are done all this, you will likely find it to be a giant Rube Goldberg machine. This is why many have complained about the complexity of this, and the major lack of independently verified results. I challenged Jack to a contest a couple of weeks back, and he bailed.

I suspect you will be realizing all this within 1-3 months. Then you can start focusing on things that actually have value.

From what I've gleaned so far, it looks doable. Definitely auto-charting the tapes and channels is doable. I just need to clarify that all the rules for the cases I am looking at are correct.

RoughTrader
 
Quote from RoughTrader:

I will not open any code I write, but if anyone inquires about specific rules / methods, I will point them in the right direction.

RoughTrader
hasta la vista
 
Quote from plodder:

hasta la vista

Sorry to disappoint you. God forbid if you were to undertake a project, you would have to think for yourself and write your own code.

RoughTrader
 
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