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This being the case or not, if every one wants to get something of their
chest this forum would be unbearable, keep it to yourself.
I notice you don't give a name-maybe that speaks for itself.
Brook Ewers
----- Original Message -----
From: server not recognized <winchp@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Saturday, October 06, 2001 2:44 PM
Subject: Re: [amibroker] Re: Candlestick-Analyzer
> Typical goddam yank. Arrogant, insular and isolationist.
>
> As if the world revolves around the DJ! Schesh. Is it any wonder people
plaster your buildings over the sidewalk?
>
> Now I've got that off my chest.., in Steve Nisons book, "Japanese
Candlestick Charting techniques" he investigated candlesticks in
> 1987 and first published in 1990. He says centuries old technique very
little known in west, in fact hardly anything in English
> before 87. So this standard reference text is about the ancient Japanese
rice market, adapted to the Japanese stock market by
> Japanese. Then translated into English and published. Not once are any
of the combinations backtested. A good few examples of
> what they look like in a chart performing how they are supposed to work,
but no substantial evaluation of success. So is it not
> unreasonable to first check the validity? I think in AB it would be dead
simple to access a score for each formation included and
> backtest. I know that a commercial group has done exactly this and
discovered that the results are less than great, and re-casting
> the formations was necessary and the substance of their commercial
offering.
>
> As an approach to trading I think pattern seeking is fine, I'm only
suggesting that the proper care and caution be applied before
> using them with real money.
>
> Now if, we can avoid the facetiousness in future we'll all be better off.
>
> P
>
>
> ----- Original Message -----
> From: "Tom McDaniel" <tmtempe@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Saturday, October 06, 2001 12:28 PM
> Subject: Re: [amibroker] Re: Candlestick-Analyzer
>
>
> > Hmmmm. Does anyone have a data source for the Dow Jones back to the
17th century? Yahoo doesn't go back that far.
> >
> > -TM
> >
> > server not recognized wrote:
> >
> > > I take your comments in good humour Dimitri, but I have read of
recent formations only being about 40% successful i.e
> consistent
> > > with what they were supposed to do. Others were completely
contrarian, either indicating irregularly or completely the opposite
> of
> > > what they were supposed to indicate.
> > >
> > > I'd therefore suggest a back test count on each before simply
accepting them.
> > >
> > > P
> > >
> > > ----- Original Message -----
> > > From: "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
> > > To: <amibroker@xxxxxxxxxxxxxxx>
> > > Sent: Saturday, October 06, 2001 2:58 AM
> > > Subject: [amibroker] Re: Candlestick-Analyzer
> > >
> > > > Well, well...
> > > > Yuki is trading 30 years, you are 300 year trader, I think it is the
> > > > proper time to move to a newbies rock+roll T/A site...
> > > > DT
> > > > --- In amibroker@xxxx, "server not recognized" <winchp@xxxx> wrote:
> > > > > Tom,
> > > > >
> > > > > Have you checked each candlestick formation because I recall they
> > > > don't work like they did in the 17th century.
> > > > >
> > > > > P
> > > > > ----- Original Message -----
> > > > > From: Tom Supera
> > > > > To: amibroker@xxxx
> > > > > Sent: Friday, October 05, 2001 11:03 PM
> > > > > Subject: [amibroker] Candlestick-Analyzer
> > > > >
> > > > >
> > > > > Hi,
> > > > >
> > > > > Here's my formula for candlestick-detecting, but it's in work
and
> > > > also not complete and not optimized.
> > > > > If anyone of you are interested to share and optimize the
formula
> > > > with me, i'm happy.
> > > > > After them, i work on a trading system with CCI or MRI, any
> > > > overbought/oversold indicator, volume and the candlestick analyzer.
> > > > > I think it's one of the best way to make a good winning system.
> > > > >
> > > > > Thanks for your help
> > > > >
> > > > > Tom Supera
> > > > >
> > > > > Yahoo! Groups Sponsor
> > > > >
> > > > >
> > > > >
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> > > > Service.
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> > > >
> > > >
> > >
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
>
>
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