So is this one.Quote from bluebolt:
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So is this one.Quote from bluebolt:
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I did use 3 variables: P, V, and A/D. In fact, I used Spydertrader's Wealthlab code to do the scoring (as I've pointed out many times before). As for the rest of your comments, thank you. I'll test them and report back. I have no problem with those conditions because they can be derived from the diagram on page 7 and are not in the same "after-the-fact" spirit as previous criteria.Quote from jack hershey:
What is important to you (and many people like you) is putting to rest my track record. I did that in various locations a while back as part of running the gauntlet. mostly everyone goes through this initiation process.
Why should anyone chase your 48 year old rabbit? You're the one making the claim that it happened to you... why don't you post your documentation? Or don't you have any?Quote from jack hershey:
Somehow in some way you did not get the drift that scoring involves three variables. Nor did you get the drift of how, over time those variables change to give signals of an entry or an exit.
For long trades: Here is the entry change: 0 goes to 7. Here is the exit change: 4 goes to 3. If a person did this back test, he would find out how holding from 7 to 4 inclusively makes money in a long trade.
By symmetry a short trade is the opposite: here is the short entry: 4 goes to 3. Here is the short exit: 0 goes to 7. again hewould find out how holding short from 4 to 0 inclusively makes money in a short trade.
Quote from jack hershey:
Its healthy for everyone to get exercise and the choice is yours. For those that are interested in not being fooled and not getting their clothes wrinkled or dusty, you can go to various records to read the SEC and the IBM and Tang Indutries announcements that were televised and recorded in the financial news publications of the day. T J watson was the CEO of IBM and Tang was the CEO of Tang industries. the ML office that started the rumors was in Poghkeepsie, NY and the NYC office of ML was the office that spread the word nationally. The price run up went to 20 or so and after the joint announcement by the CEO's, within days the price came to rest in the 4's. Since coattailing was involved our trades (meaning those who traded with me personally) were those trades that were coattailed all over the place by ML clients who were in the ML loop.
Quote from The Swordsman:
I agree, which is why I dont understand why you keep at it. Let people learn on their own what works and what doesnt. It would be nice if you would actually take your OWN advice![]()
It has been posted before which types of days allow for multiples of ATR and which don't.Quote from Anekdoten:
Your best attempt at 3X ATR...
Quote from Anekdoten:
...your pony tail.
Quote from Cutten:
I have about 8 years futures scalping experience, and I have made 3 times the ATR on 2 trading days. Some dotcom momentum jockeys probably did better in 1997-2000, but since then I would expect 3xATR to be extremely rare.