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What is T3 and where
can I get it.\?
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>Lionel
<FONT face=Tahoma
size=2>-----Original Message-----From: DIMITRIS TSOKAKIS
[mailto:TSOKAKIS@xxxxxxxxx] Sent: Wednesday, September 03, 2003 1:27
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Re:
Tillson and JurikHerman,What was the purpose of the
MA(C,21) additive conditions ?The simple system runs at +1170%[for your
settings], the MA(C,21) conditions brings it below +500%...Dimitris
Tsokakis--- In amibroker@xxxxxxxxxxxxxxx, "Herman van den Bergen"
<psytek@xxxx> wrote:> [Steve Karnish] Maybe he can post the
equity graph for the group....> > > AmiBroker report
attached.> > -----Original
Message-----> From: CedarCreekTrading
[mailto:kernish@xxxx]> Sent: Tuesday, September 02, 2003 1:53
PM> To: amibroker@xxxxxxxxxxxxxxx>
Subject: [amibroker] Tillson and Jurik> > >
Dave,> > Although I have "knocked back beers" with Tim
many times, he has never> offered a systematic approach
that incorporates the T3. In fact, for much> of the
last 18 months, Tim has played with the StoRSI (which the
Fort> Collins group has tagged: "the Karnish
System"). Loosely interpreted, it> is> a
stochastically modified, momentum oscillator. He spent a lot of
time> tweaking the variables of the formula and optimizing
the trigger levels.> > I have teased Tim and Dave
during the last year and called them a bunch of>
"beer-guzzling, over-optimizers". All in good fun. They are
much> brighter> than I could ever aspire to. In
fact, Dave is going to speak this month,> to> the
Denver Trading Group, on the pitfalls of over-optimizing. He and
Tim> did exactly that with the simple StoRSI approach to
the> QQQ's...over-optimized. They have taken the StoRSI
and substituted> optimized variables in the
formula.> > When I offered the StoRSI, systematic
approach, to the their group, in> December of '01, I
suggested applying it to the QQQ's with a 13 and 87>
trigger. I also suggested applying a trend qualifier.>
> Recently, Herman sent me a nice "picture" of the results of
this system> (on> the QQQ's) with a 21sma as the
trade qualifier. Maybe he can post the> equity
graph for the group. I think the AFL library has all the
bloody> details:> > //
Steve Karnish StoRSI>
StochRsi=EMA((RSI(8)-LLV(RSI(8),8))/(HHV(RSI(8),8)-LLV(RSI(8),8)),3)*100;>
Buy=Cross(17,StochRsi) AND Ref(MA(C,21),-1) < MA(C,21);;>
Sell=Cross(StochRsi,83);> Short=Cross(StochRsi,83) AND
Ref(MA(C,21),-1) > MA(C,21);>
Cover=Cross(17,StochRsi);> > There seems to be a
misconception among technical traders that "quicker>
is,> indeed, better". Quicker is better only if it
leads to a smoother and> safer> equity
curves. There is no doubt that Tim and Jurik have developed
some> sensitive indicators. Neither has incorporated
them into trading systems> (as far as I know).>
> As you are aware, many indicators are helpful in the hands
of a> disciplined> "artist" that can apply them to
markets to make subjective decisions.> Since> I
don't trust myself to interpret "wiggles", I lean more toward
formulae> that can be slammed into objective approaches
that can be backtested (in> and> out of
sample).> > I appreciate vendors like Fitchen
(Aberration) that can produce a> independently, verifiable
track record. At least when you plunk your>
money> down, you know what has occurred during the last five
years. I am less> excited about vendors who peddled
subjective tools that are left to the> buyers discretion
(to be applied to markets). $300 for a black box>
formula> is not something I'm going to spend my money
for.> > For that matter, I have 100 formulas that I
will sell you for $3 each (or> $3> for all of
them). There's quite a difference between a "formula" and
a> "systematic approach". Do you want "tools" or do you
want "tools and> rules"? Building the "grail"
starts with a reliable indicator (there are>
dozens). This is only the starting point. I get excited when
someone> builds the entire mousetrap.>
> I will contact Tim and ask him for examples (besides the
public articles)> of> how to incorporate the T3
into a trading approach. Jurik's work is>
floating> around and I'm sure someone can comment on how to
apply his indicators.> Try> super-imposing a 10
period ema on top of the Jurik or Tillson work (hard>
to> tell the difference). I believe Perry Kaufman
turned me on to it. Keep> in> mind, there is
a lot of good stuff for free.> > Take care,>
> Steve> >
> Yahoo! Groups
Sponsor> > > > Send BUG REPORTS to
bugs@xxxx> Send SUGGESTIONS to
suggest@xxxx>
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