JACK HERSHEY METHOD EXPOSED AS FRAUD! *Debated*

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10,640 views since 12-13-08 07:34 PM
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But where's Jack? We finally have his program? Where's the old son of a gun so I can give him a pat on the back?

I'm betting the MACDex was authored by SpyderTrader.
 
You're a naive moron if, as you said, you actually believe that debunking Hershey takes money out of your pocket.

If that was BS then you're a shill.

One of the above is the case whether you understand it or not.
Quote from R. Raskolnikov:

I suggest you bet against the "more likely" scenarios you've conjured up in your head.
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Quote from bwolinsky:

The backtest suggests it was coded correctly.
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Meh ... in that case, I'll tell you the same thing that I tell every Hershey trader.

Put your money where your mouth is.

P.S. I think you're a journeyman coder at best bwolinsky, not the master level programmer you present yourself to be. Too many mistakes (and the glaring error of interpolating the SPX with the ES).
 
Quote from bwolinsky:

But where's Jack? We finally have his program? Where's the old son of a gun so I can give him a pat on the back?

I'm betting the MACDex was authored by SpyderTrader.
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Granted I didn't put much time into researching this. But it appears that MACDex is simply the MACD. I do not use Wealth Lab so i can only go by what i'm reading..but apparently the classic MACD in WL is set to using 26 EMA and 12 EMA... The MACDex indicator lets you specify which 2 EMAs to use..

Which is nothing special if thats the case.
 
Quote from frostengine:

Granted I didn't put much time into researching this. But it appears that MACDex is simply the MACD. I do not use Wealth Lab so i can only go by what i'm reading..but apparently the classic MACD in WL is set to using 26 EMA and 12 EMA... The MACDex indicator lets you specify which 2 EMAs to use..

Which is nothing special if thats the case.
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Trust me, it's much more than that, and some of the primary values are set as constants to start, and are porbably used in that case.
 
Quote from MandelbrotSet:

Meh ... in that case, I'll tell you the same thing that I tell every Hershey trader.

Put your money where your mouth is.

P.S. I think you're a journeyman coder at best bwolinsky, not the master level programmer you present yourself to be. Too many mistakes (and the glaring error of interpolating the SPX with the ES).
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Whatever, I get the job done. Code doesn't appear to be Hershey's strongest suit either. Interpolating SPX is fine, because we can buy and sell SSO, SDS, SPY from the program. I can even e-mail collective2 about ES trading signals. You seem to be missing this point.
 
Quote from MandelbrotSet:

LMAO, frostengine is taking you to school. :p :D
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No, he's not. He doesn't know what the code is. It's the secret sauce, and it's only dumb luck that I happen to have it and can't find it on wl4.wealth-lab.com anywhere.

I do recall exploring the Hershey scripts, and there was a post from a Bruno or SpyderTrader that had the MACDex code required to run the Hershey scripts. The catch was that part was never published, and I think it was about a half page long, too, so it's not insignificant. It was available in a certain thread that I'd need to comb through for a few hours to find again.
 
Do you not see how money is made in this business? You make money, as a result of someone else losing (in futures anyways). The worse equipped people are, the more money (collectively) they will lose to guys like me. Maybe you aren't able to see the forest from the trees but Hershey is a microcosm of what's been around in the trading world since it's inception. If he IS a scammer (leaving that opinion open thanks to Bwolinskys persistence), then we need him.

You are just upset because J Hershey is your "tree" and you don't want to step back and take a real look at the issue. You are biased, heck you even started "PEP FAN CLUB" because you are so immersed in him.

Quote from Trader666:

You're a naive moron if, as you said, you actually believe that debunking Hershey takes money out of your pocket.
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