Re: Optimal solutions of the past and future profits

["nurudinkaba" <n.kaba@xxxx>]

Thank you Dimitris for all of your contributions...I would like to 
ask a few questions....for your StochCCI. What does [7,13] stand for?

The 7 for CCI period? 13 for the first level thresold and (100-13) 
for the other threshold(Buy/Sell Levels)?

Thanks again


--- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> Last June 5, 2001, I posted to this list the Tushar Chande 
Stochastic RSI and my Stochastic CCI.
> http://groups.yahoo.com/group/amibroker/message/2394
> I will not speak again for Stochastic RSI, we have seen a lot of 
details for this popular indicator, which
> presents now an optimal solution [8-13-87] for QQQ, running at a 
+250% for the last 30 months.
> Besides the difficult question of the selection of this [8-13-87] 
combination [although I read ...carefully
> the messages, I have not seen any kind of explanation, serious or 
humorous, by the user of this combination]
> I wrote that this +250% is not one of the best QQQ performances.
> We have seen a lot of QQQ systems running between +500% and +600% 
or better.
> I understand that it is not fair to compare different design 
approaches. It is very difficult for Stochastic RSI to
> be competitive to D-ratio or RSIt or MeanRSI TTM.
> So, let us compare the quite similar Stochastic RSI and Stochastic 
CCI.
> Beginning from March 2000 till June 2001, there were two almost 
equal solutions for the respective
> StochCCI system, [I follow symmetric triggering just for the 
comparison under equal terms, my personal opinion 
> for symmetric triggering is analytically expressed in other 
postings]running at +303% and +302%, with 
> equal # of 10 trades/9 winners/1 loser, as you may see in the 
StochCCI 1 gif .
> You could select one of them or both of them.
> Now, one year later, we may see the [7,13] at +405% and the [6,15] 
at +1199%.[StoCCI2 gif]
> I do not believe that there were serious criteria on June 2001 to 
select the [7,13] or the [6,15].
> CCI differentiation is almost invisible, if you change the period 
from 6 to 7.
> You surely need a magnifier to separate BuyLevel=13 from 
BuyLevel=15 .
> If we forget these details, a +1199% may sounds great.
> It is up to you to decide if you prefer attractive calculations or 
positive trading techniques.
> Anyway, if you are interested in this invividualistic trading style 
and if you prefer Stochastic oscillators, try
> Stochastic CCI among the others. It is not popular but it is a bit 
smarter.
> Dimitris Tsokakis