Quote from Above & Beyond:
Is anyone currently trading the Jack Hershey Equitiy Method? I am new to it and recently enrolled in a free-trial at Trade Navigator. It seems as though they only carry part of the needed filters. Technical support has helped me construct one of the two "missing' filters. If anyone is using Trade Navigator or any other available filters I would greatly appreciate a word back.
On TN operated by GFTI, you need to use the TSOG to form your Universe.
To replace the stocktables.com method on TN, get their percitile grouping replacements for EPS and RS. These two fundamental variables adjust your Universe length.
Sort the list by increasing volume, a vector. the top is 7's; the middle is 0's and the bottom is 1's.
"scoring" a personal invention of mine can be searched to undertand how, over time, the sorted stocks move UP the list.
the hold for any stock is described by five rules on a one pager entitled "unusual volume". you hold thru scores of 7 to 6 to 5 to 4.
At GFTI, there is NOT an understanding of the Sharpe ratio worden Bros achieved using Bloxs to drag and drop the rules and test on the NAZ 100. worden cannot sort stocks as far as I know.
the ratio is over 60 which understandably for CW people is "unbelieveable".
do TN studies after you have set up the functions and the operators for the rules.
to do a study on a TSOG, go to charts on the top line of TN and then on the menu click on add tto chart. Be on a chart in your TSOG.
Click on studies at the top of the menu that oopened for you.
since you have put the PVT rules into TN already, click on the name you gave it which now appears in the studies list.
A pane will appear at the bottom of your chart. It shows when to trade (enter long and then exit with bar highlights if you did the rules correctly.
by using a Universe you can see how the x over trading goes for a period of time that you choose.
Worden chose one year on 30 minute charts.
you can see that the moderators moved this thread to chit chat. since it is in chit chat it no longer appears under trading which is the subject of this thread. It cannot be expected for the moderators to understand trading with a Sharpe ratio of 60 plus.
I was at GFTI for their meeting 15 thru 17 SEP this year. It is not easy to arrange the power of trade Sense to do RDBMS's. BUT it is possible. (See IFF for example and OCXO and OTO functions.)