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Jayson,
It is obvious, I think, that I trust Tomasz criteria for the
integrity of new functions. It is better to wait instead of mixing
known and unknown signals.
Just imagine a clear [for you] BUY signal and a SELL signal from
the "unknown" function.
Decision making is perhaps the most important part of trading.
Some years ago I had the syndrom to act "against" the indicator. It
was not easy to eliminate it. The bearish shock of the first 2000
months was quite educative. Another method, when you do not trust
yourself, is to use paper trading for 2 weeks, see the mistakes and
come back to more "healthy" trading.
Sometimes I receive opposite signals from some indicators : I have to
reconsider the situation and it takes time.
An opposite signal from an "unknown" indicator is a real and painful
nightmare.
The cat knows better...
DT
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> Dimitris asks....
>
> "Would you invest a single $ on a signal
> from an unknown function ? I suppose no."
>
> Would I risk a dime on an unknown indicator, function,system ?? No,
> certainly not, but that does not even slightly diminish my
curiosity over a
> new function being introduced. To date I have seldom been
disappointed with
> new additions. That it exists in undocumented form suggests that
Tomasz is
> 1) working to develop this new function or 2) has tried and
abandoned it.
> In either case I am curious......but we all know what curiosity did
to the
> cat so perhaps your approach is superior....
>
>
> Jayson
> -----Original Message-----
> From: DIMITRIS TSOKAKIS [mailto:TSOKAKIS@x...]
> Sent: Tuesday, March 25, 2003 4:53 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Divergence
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> >
> > Dimitris writes
> >
> > " Jayson,
> > I do not use unknown functions. I just experimented, saw some +1,-
1
> > bars in some unknown points and thatīs all.
> > I am not curious and I will wait........"
> >
> > Oh come on... tell me your not even a little bit curious?? :))
>
> Jayson,
> the subject is quite serious for me. Curiosity can not replace what
> is going on there.
> BTW, the StochD divergence was the very first formula I wrote when I
> began AFL learning. The bad news are coming first : the formula was
> not working, it was a bug with LLV() function !!!!!
> The good news follow [for amibroker support]. I forwarded my first
> mail to Tomasz [it was a hopeless Saturday afternoon], but, to my
> surprise, Tomasz was there, he said it was a bug, then that he will
> repair the bug and then, the most unexpected, he did what he said
> right in the next beta !!!!!
> We are very lucky to enjoy the same support every day, even if the
> day still has 24 miserable hours.
> Back to the subject, I do believe in divergences, I do trade
> divergences, I do risk a lot of money sometimes on divergences, in
> some cases [like the Light Crude Oil or the 12:00 positive StochD
> div] is almost the unique criterion, so, I do not want to be
confused
> from some unknown plot of an unknown function simply because it is
> named "divergence".
> And, in general, I like research but I am not curious at all.
> Let me ask a question now : Would you invest a single $ on a signal
> from an unknown function ? I suppose no.
> DT
>
>
>
>
>
>
> >
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