Quote from Trader666:
P.S. Hershey's concept on the last page of the paper of buying the "0 to 7 turn" and selling at the "4 to 3 turn" is broken because exits are few and far between so I tested this exiting after 1,2,3,4, and 5 days. The latter worked best but it still sucked.
It seemed that there were several cases being coded into that portion, and it reads like this to me:
{Scoring Function}
function calcPVADScore() : integer;
begin
var Score : integer = 0 ;
var BopTBSeries : integer = SMASeries( BOPSeries, 1 );
if (@#Close[BarCount - 1] > 1.01 * @#Close[BarCount - 2]) then
Score := Score + 4;
It reads if this bars close is bigger than the previous bars add 4 to the score
if (@#volume[BarCount - 1] > 1.10 * @#volume[BarCount - 2]) then
Score := Score + 2;
and if the volume on this bar is greater than 10% more than the previous volumes bar add 2
if @BopTBSeries[Barcount - 1] > 0.00 then
Score := Score + 1;
and if whatever the hell the BOP tb series on the last bar is greater than....0? What the hell does that have to do with anything, anway, add 1 to the score.
Result := Score; {this line returns the score}.
end;
var PVADScore : integer = calcPVADScore ;
They are creating a series from this. WTF is a BOPseries? It's a native WL indicator, but it doesn't look useful to me.
Whatever, I'll see if they go to use it, and I'll check the old scripts for it.
