Real or fake?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=50736&perpage=6&pagenumber=4

Quote from MAD10:

Lefty, I enjoyed reading your comments. Thanks.
Would you care to divulge some specifics on performance characteristics you have enjoyed with your pivot system:Sharpe, vol, drawdowns, down days/months, whatever you measure and have found to be useful?
I just recently started experimenting with pivots and have been pleasantly surprised by the very encouraging initial results. I get Sharpes of nearly above 1 with basic setups and between 1.5 and 2 with some basic tweaking (not optimizing, just common sense stuff on volatility and trading hours). This is in the US equity index futures. Will try the ideas in FX and Bond futures this week.
Thanks again for the interesting thread.
:confused:
 
Quote from spike500:

Can these trades be made based on a system?

These could be but this is not done by one system only IMO . Accuracy like that is usually achieved by using combination of mathematical or geometrical forecasting method and reversal system .
Mechanical system is never that consistently accurate.
If you post or email me details of this system, I will explain in detail how to combine those mentioned above.
 
Quote from Walther:

...
If you post or email me details of this system, I will explain in detail how to combine those mentioned above.
OK Spike,

Mail me a copy too. I'll also explain you in detail.
:D

Be good,
nononsense

PS: Don't forget to first cash in on that $2,000,000 bid!
 
It's ironic how human psychology works. If this guy was a vendor he would be crucified, but here spike is asking for nothing but an answer to a close-ended question and people are tripping over themselves throwing money at him :p
 
Quote from Walther:

These could be but this is not done by one system only IMO . Accuracy like that is usually achieved by using combination of mathematical or geometrical forecasting method and reversal system .
Mechanical system is never that consistently accurate.
If you post or email me details of this system, I will explain in detail how to combine those mentioned above.

I already explained the basics of my system on ET. Those who read it will have more or less and idea of the logic behind it.
It is only 1 system, so not a combination of several systems. But don't confuse 1 system with 1 indicator. A system can become very complex. I started with a simple thing but over the first years it developped in something complex. You cannot trade the markets in a simple way and get these kind of results. And it works in every kind of market. It makes money in whatever market we are in. But i don't say it makes always huge amounts of money, it survives all situations without big drawdowns.
The system self-adjusts itself according to the strenght of the market.
 
Quote from toc:

can you explain it again?

No.
Do a search, it's all there (at least all that i wanted to share).
For many people it's worth doing an effort. The advice is FREE.
 
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