|
PureBytes Links
Trading Reference Links
|
Gee Lionel,
Herman has posted at least 4 links to the
article.
Take care,
Steve
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Lionel
Issen
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, September 03, 2003 8:22
AM
Subject: RE: [amibroker] Re: Tillson and
Jurik
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: <A
href="">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>
-----------------------------------------> Post
AmiQuote-related messages ONLY to:
amiquote@xxxxxxxxxxxxxxx> (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)>
--------------------------------------------> Check group
FAQ at:> <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms
of Service.Send BUG REPORTS to
bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Send
BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|