FWIW you might want to read the comments on pattern recognition by William Eckhardt in Jack Schwager's THE NEW MARKET WIZARDS. Good trading.
The smoothing constant is never 2; it is always a value between zero and one. Here's where 2/(n+1) comes from. A simple moving average...
EMAtoday = (smoothing_constant)*CLOSEtoday + (1 - smoothing_constant)*EMAyesterday This is what is called a recursive formula. The best way to...
You can put a dress on a pig but it's still a pig. Nice try at making sense out of nonsense, but no cigar. Here's an example of the nonsense...
I don't know anything about any "Forrest Gump". Either use a stop or a reversal signal to get out. At least then he doesn't wonder if he got...
The logical solution is don't have a target. That's never made any sense to me. Why limit how much you can gain? If you insist in certain...
Hi, Lar Thanks for replying, especially in such detail. :) The reason why I asked is that Monte Carlo simulations (MCS) are generally used...
You asked "even longer-frame systems will occasionally hit a target or stop in the same day; so how does an OHLC programmer compensate for this?"...
I resurrected this thread for a specific reason. Then it got hijacked. :mad: Let's try again: Thanks in advance.
You need two variables: BOD position and EOD position. If EOD doesn't match BOD, then you know you got stopped out for whatever logic your system...
I gave the formula for the signed version later in the thread. Your inability to follow a coherent line of reasoning is duly noted.
:confused: Looks like an ordinary Black-Scholes calculator. What's so special about this one?
LOL! That guy has pinned my bulls***t detector more times than anybody else here, including the hucksters.
Neither can I. Of course if you go back and re-read that fairly psychotic post, he wasn't replying to only you. He included me and apparently...
What part confuses you? The part that you have to get into the market to make money, or the part that you have get out of the market to avoid...
People have different strengths and weaknesses. Some people are natural traders, just like some people are natural athletes, some people are...
You didn't answer my question: What's the disadvantage of the Sortino ratio?
What's the disadvantage of the Sortino ratio? The topic of risk is a hot button of mine, and proof positive that economystics is no science....
I'm convinced that a good half of the trading advice of the clearly idiotic variety is intentional disinformation. There's just too much of it to...
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