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Re: [amibroker] afl formula



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On 01-Mar-01, David Holzgrefe wrote:

> An excellent point Donald

Thank you, David.

> But i can see Johns view I would like to see how ppl have constructed their
> indicators ...

The worry I have with doing this will be with those systems uploaded here
which will have no explanation as to how & why it works, if it really works at
all. Knowing why, how or how well it works is extemely important to me - the
people who try to use an incomplete system are just asking for trouble.

One reason to read TAoS&C is that most articles explain this in some depth,
and some even show rates of success or failure, what makes the system work or
fail. Although some of the methods/systems are truley out-to-lunch, most
realistic people should be able to figure that out and ignore the chaf. Their
CD has decades of articles to which the trader/programmer can refer, too.

> ps and for anyone new to sharetrading get your money management skills in
> order 1st

Right! It's what leads up to and follows a trade which is most important. The
trade itself is a non-event - a ledger entry. It's the trader who needs to
stay in control.

-- 

---===///||| Donald Dalley |||\\\===---
The World of AmiBroker Support
http://webhome.idirect.com/~ddalley
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