Spydertrader's Futures thread

Quote from MarkBrown:

WOW MOD AND SPYDERTRADER DID YOU SEE ALL THE advertisers WHO LOVE MARK BROWN'S SYSTEMS HERE ON ET

VELOCITY FUTURES
TICK QUEST
OPEN E CRY

...
HEY MOD WHILE YOU AND SPYDER WERE DIGGING UP DIRT WHY DIDNT YOU DIG UP THESE LINKS.... I TELL YOU WHY IT DIDNT SERVE YOUR PURPOSE TO BOOT ME OFF ET..

MB
typical vendor screams in bold letters, ok since I am current OpenEcry user please cite the link of OpenEcry love MB
and before you cite this link http://www.openecry.com/tools/oddball.cfm
be aware that is had been delisted; Home > Page not Found
 
Quote from nkhoi:

typical vendor screams in bold letters, ok since I am current OpenEcry user please cite the link of OpenEcry love MB
and before you cite this link http://www.openecry.com/tools/oddball.cfm
be aware that is had been delisted; Home > Page not Found

well did you look its like almost soon to be 5 years old so i guess when you were dropping out of high school back then, maybe partnerships move on sometimes and sometimes they go behind the scenes or underground. i am a developer for open e cry as of right now. i work with many of the top companies and if you traded futures you probably have benefited from some of the things i do.

i posted that post from the archives of et does it surprise you that the links doesn't work? duh.

tell spyder oh thats right its you spyder hello - did you get another nickle for posting this? rotfl

mb
 
then stop this claim, it is dated just like you said, I guess openecry knows better now, eh!

12-08-07 01:35 PM

WOW MOD AND SPYDERTRADER DID YOU SEE ALL THE advertisers WHO LOVE MARK BROWN'S SYSTEMS HERE ON ET

...
OPEN E CRY
 
Quote from MarkBrown:

WOW MOD AND SPYDERTRADER DID YOU SEE ALL THE advertisers WHO LOVE MARK BROWN'S SYSTEMS HERE ON ET

VELOCITY FUTURES
TICK QUEST
OPEN E CRY

GEE YOU GOING TO BAN THEM FOR LIKING MARK BROWNS FREE TRADING METHODS?? MAN ITS A SHAME THAT MARK BROWN IS SUCH A HERO AND THE PAPER TRADERS ARE SUCH A ZERO..


http://forums.neoticker.com/showthread.php?p=3754


MB
these are the words I noticed in the neoticker forum in reference to the Oddball system:

-- it could be frustrating.
-- it can sometimes keep you short and not allow long trades in a particularly strong market even when the ROC is strong
-- A possible modification is to...

(from the horse's mouth)
-- there have been some successful ideas of using a channel breakout system in conjunction with the signals
-- oddball made me more money that i ever made in my life and quick... there was lots of speculation about why it began to fail...
-- i discovered that the only problem with oddball was the way it looked at or sampled the data.

;-)
 
***********************
Consider the system was published back in December 2000, it performed extremely well for almost 2 years before the current break down.
***********************
gee spyder how selective you are, did you ever have any? any of the advertisers on et ever? ever? say about your system doing extremely WELL for almost two years - something you gave away for free, like i did ??

oh i missed it, where is that? what great contribution is touted by a top notch well respected forum vendor??? where show me??

read above tubs, hey you all can just post as sypder cause we all know by now your all the same person.

Quote from Tums:these are the words I noticed in the neoticker forum in reference to the Oddball system:-(
yea how selective you notice he he he !

ps the system broke down because they changed the weighting of the advancing issues and once we figured that out it keeps working even better to this day. besides the model was a base to build off of, something lazy people just want dropped in their lap at least as i published it it worked and made big money just like it was published at the time. you just cant stay on the porch with the big dawg!
 
Lawrence Chan's analysis:

http://newsletter.neoticker.com/?p=60

When you design a trading system, there is usually one to two key properties of the underlying data that the system depends on.

If you do not know what that properties or characteristics are, then you do not really know you system :)

For example, the OddBall system depends heavily on a 2 to 3 days reversion characteristics of the SP.

It also depends heavily on the leading effect of the advance issues data.

Thus once those characteristics no long hold true, the system will not work any more.

You do not need to wait til the maximum draw down to know that - what you do is track the stability of those characteristics to measure the health of the system. I think I mentioned that in another article - not in the exact same wording, of course.

Comment by Lawrence Chan — January 11, 2006 @ 11:11 am
 
Quote from nkhoi:

then stop this claim, it is dated just like you said, I guess openecry knows better now, eh!

hey that link is on your web site not mine whats wrong the mods cant keep all the links current on all the post how silly. is that whats this is all about mods? no its about spydertrader being found out as a vendor who gets paid to post.

i get called asshole, i get acused of spamming, for links i didnt post, i have mods digging up dirt, mods protecting spydertrader, but you know what many many people on here know i am the real deal and it seems the mods are in a conspiricy to ban me.

gee wonder what the connection is tell me why for over 5/6 years i was mark brown dot come and now you see me as a spammer? duh, i aint like a cock roach who goes running when the lights come on and hides behind a million fake usernames.

is it your policy to let spydertrader call me an asshole? answer!

do you mods feel responsible for the diminishing number of advertisers on et? i think you should...



Hello Mark Brown,


OEC API Version 3.1.2 - MANDATORY UPGRADE

On Friday, November 2, 2007 Open E Cry released their latest API, version 3.1.2, into the development environment api.openecry.com. This is available from the “My Account” section of our website for all new and existing OEC API users.

We have made our API servers available to all developers in order to verify that your software will function properly with this new upgrade before the PROD release. Please report any issues to our API forum or email them to: api.openecry.com.

After 6:00PM EST on Friday, November 30, 2007, Open E Cry will release the new API into our production environment, prod.openecry.com. This is a mandatory upgrade. Failure to upgrade will result in custom applications not being compatible with the installed PROD server version.

For those of you who are developing commercial software and have mutual customers with Open E Cry, any help you can provide (by way of notifying these customers) is greatly appreciated. For example, if you are hosting the OEC API Client Installation, make sure your website is updated with the newest version.

If you have any questions, please email: api.openecry.com. Thank You.

Best regards,

Open E Cry Development Team
 
Quote from Tums:

Lawrence Chan's analysis:

http://newsletter.neoticker.com/?p=60


ALSO WRITTEN BY Lawrence Chan KEEP IT UP

WHAT GREAT THING HAVE YOU DONE TUBS?


To: omega-list@xxxxxxxxxx
Subject: Market Breadth Was: OddBall traders - Check this out
From: Lawrence Chan <stnahc@xxxxxxxx>
Date: Wed, 2 Jan 2002 10:02:16 -0800
In-reply-to: <F14vN8yIlCyNOMWU7Rv000104e8@xxxxxxxxxxx>

--------------------------------------------------------------------------------



Just from my trading experience on using both
EOD and real time breadth, I can say that there is
a lot more to market breadth than the simple concept
of just Adv/Dec data.

In fact, oddball that MB disclosed is just the entrance
to a world that is way more complex and powerful than
classic price driven modelling.

For example, to make a powerful breadth model for
use in real time, you do not need to use all the market data,
nor is it necessary to construct an exact match of all symbols
that compose the index.

The key concept of market breadth is statistical voting.
Each component or data used just represents one vote that particular data has in the final tally. A properly constructed breadth model can "mean" revert consistently over time and can form the proper distribution required for that particular statistics.

Thus with at least 35 stocks or more, with proper transformation of the data (aka your indicators), you can construct something pretty impressive in no time. This is formally known as indirect normalization of a time series, nothing more than textbook application.

Lawrence Chan
 
Quote from MarkBrown:

ALSO WRITTEN BY Lawrence Chan

In fact, oddball that MB disclosed is just the entrance to a world that is way more complex and powerful than classic price driven modelling...

Lawrence Chan
I don't think he is speaking highly of your system.



It is obvious that the system has been dropping in percentage of winners since year 2002. It is significantly lower than even the year 1999.

Since then, if you cross check the equity curves above, you would notice the long side only equity is not going anywhere since year 2001. Some may try to argue that year 2000 onward is a down trend market, but that is not a really reliable argument because during year 2000-2001, the system is doing absolutely fine in the long side.

That in combination with the low value in percentage winners, is the sign of a system losing its edge.

Did we have a chance to stop trading the system?

By end of year 2002, if you do consistently check the stability of the systems you trade, you would have put this system on the watch list already, because it is not doing what it supposed to do.

By early year 2003, the drop in percentage winners is so profound, anyone should have stopped trading it because its characteristics is no longer matching the ones we have seen in the backtesting period. As an exercise, you can conduct month by month comparison in the performance statistics then you will see what I mean.


He's recommending the recycling bin!

Food for thoughts

As oppose to just throw this system into the garbage bin, is there anything useful that we can reuse?

Maybe incorporating the idea into other trading models to improve the odds?
 
Quote from Tums:

these are the words I noticed in the neoticker forum in reference to the Oddball system:

-- it could be frustrating.
-- it can sometimes keep you short and not allow long trades in a particularly strong market even when the ROC is strong
-- A possible modification is to...

(from the horse's mouth)
-- there have been some successful ideas of using a channel breakout system in conjunction with the signals
-- oddball made me more money that i ever made in my life and quick... there was lots of speculation about why it began to fail...
-- i discovered that the only problem with oddball was the way it looked at or sampled the data.

;-)


I used to be a member of tradestation forum in 2001, I remember a guy called Mark Brown discussing Oddball System in those days. Could this be the same person?:mad:
 
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