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Dear Nathan,
Thank you very much for your reply.
Thank you also for morning reading.
(I hope I am not the cause of a probable headache !!)
Amibroker includes excellent tools and my desire is to
be used by all users (PARTICULARLY NATE!).
For this purpose, I suggested a tutorial Amibroker page
and I am prompt to contribute, as a companion to AFL-
Library.
As for the ^NDX April low, I will be ready by the end of
this month, and I will be glad if other ladies and gentlemen
accept this invitation.
Best regards
Dimitris Tsokakis
--- In amibroker@xxxx, "Dr. S. Nathan Berger" <snberger@xxxx> wrote:
> Dear Dimitris,
>
> Let me first thank you, Bill, Anthony and Karl for responding to the
> request for a consensus regarding market timers.
>
> I went through the postings at our own AFL Library this morning,
and was
> nearly overwhelmed by the sheer number of listings for indicators,
be they
> trend-followers, oscillatios, or miscellaneous indicators which are
leading
> or coincident. Many of the listings are yours, and the good-will
feelings
> you enjoy from the group have been well earned by the quality of
the work
> you have so generously posted so others may enjoy and benefit.
>
> Surely we all agree there is no one single indicator, a "Holy
Grail", but
> there must be one or two- widely used, and especially productive,
which
> traders amongst us use, and which would be of great assistance to
those of
> us less experienced at trading.
>
> Apart from my own 'ulterior motives', I am also sensitive to the
needs of
> 'newbies', who, fortunately for Tomasz, seem to be joining our
group in
> increasing numbers, and especially sensitive to the needs of those
of us
> (PARTICULARLY NATE!) who do not know how to program codes for
ourselves.
>
> So, yes, let us see if we can do as you suggest, using the early
April low
> as a common point of reference, and determine a market timer that
> accurately reflects market activity during this 'test' period of
time.
>
> And perhaps we could continue this as an ongoing project. We all
know
> market conditions change and formulae that worked last month or
last week
> are no longer productive.
>
> In difficult markets, such as I feel we have at present, I would
welcome a
> posting from a group member who is using timing tools that seem to
be
> especially 'spot on'.
>
> There is one other comment in your letter that should be emphasized:
>
> >If we give clear examples with full documentation, readers
> >could compare and judge every system.
>
> I cannot agree more strongly! In attempting to run many of the
postings to
> the group, I fail- not because I am dumb, but because I do not
understand
> the nuances involved. Of course I know how to cut and paste, but
then if
> the codes don't come up as indicators or commentaries or analyses,
I just
> delete them and move on, thereby missing the possibility of being
exposed
> to a really great idea.
>
> I hope your suggestion in response to my inquiry, will serve as a
Clarion
> call for the great pool of talent Amibroker Group represents.
>
> Best regards,
>
>
> Nate
>
> At 01:32 PM 7/29/01 -0000, you wrote:
>
> >Your interesting mail gave me an idea:
> >As we know, the 4,5 and 6 April 2001 we have had a new
> >low in ^NDX. (a whishful thought to be the lowest...).
> >If we agree, let us give a specific example for that low.
> >Some theories predict, some other detect, some other confirm.
> >If we give clear examples with full documentation, readers
> >could compare and judge every system.
> >This is my proposition, I have prepared my homework and if
> >the group agree, let us step in.
> >Dimitris Tsokakis
>
>
> Earlier, I had written:
> <SNIP>
> >>would it be possible to run a "poll", a sort of
> >consensus
> >> regarding preferred market timers?
> >> In browsing other websites, chat rooms and the like, there seems
to
> >be no
> >> end of indicies used for this purpose, but frankly, our group is
as
> >smart
> >> and sophisticated as any other out there! I would like to know
what
> >our
> >> brains are using.
> >>
> >> For myself, I now trade only no-load mutual funds, so the timing
> >systems
> >> used for trading futures, etc. are of lesser interest. Can we
> >please have
> >> some input for general market timers?
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