|
PureBytes Links
Trading Reference Links
|
DIMITRIS TSOKAKIS wrote:
> Fred,
> The results of my research [at least using Ace code] are totally
> negative. Signals of the past depend on new data. Have you met any
> application without this terrific "bug" ?
> Dimitris Tsokakis
> --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> > Does it work is a very general question that is difficult to field.
> >
> > However, IMHO Hurst's work does have value to it.
> >
Dimitris,
I think you don't get that 'signals of the past' are in the past. It's
history and as such is meaningless. Hurst developed his work before
computers had the power to do billions of computations per second.
Therefore, the idea of backtesting his work is a waste of time.
The Sigma Bands we are discussing seem to be a derivative of the Hurst
Dependency Envelopes, so ably programmed by Ace... and much appreciated
too. I feel there is nothing at all to be gained from 1) looking into
the past or 2) trying to guess the future. I want to know what is
happening right now. The Sigma Bands MAY offer some insight into what
the market is saying now, but should never be used to trade any market
by themselves. This information should always be used as confirmation of
other indicators and trading techniques.
Computers will never replace the human brain.
Wayne
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
---------------------------------------------------------------------~->
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
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|