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Great News-- all OT owners can now join the new Nirvana Club--$2500 for
stocks; $3500 for futures. Nirvana web page will provide a Club
networking area for members to get in touch with each other on topics of
personal interest. Aren't we lucky? T.C.
On Thu, 6 Aug 1998 12:44:55 +0200 "Jan Diederik" <jddehaas@xxxxxxx>
writes:
>> -----Original Message-----
>> From: owner-metastock@xxxxxxxxxxxxx
>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John Scudiero
>> Sent: Thursday, August 06, 1998 1:14 AM
>> To: metastock@xxxxxxxxxxxxx
>> Subject: Re: Omni Trader 3.5
>>
>> OT is the complete opposite of a trading system methodology. It
>> optimizes
>> indicators against a data range you chose, the intent is that the
>price
>> trend of the immediate future is the same as the existing past,
>thereby
>> giving you excellent readings based on the indicators. And so
>> many days in the future, you re-run the indicator test to
>reoptimize
>them.
>
>In my opinion this means that you have been trading with the wrong
>parameters for your indicators. Afterwards you can say which parameter
>you
>should have taken. Pretty frustrating if you ask me ;-)
>
>Regards,
> Jan Diederik
>
>For the record: I never optimize; I usually take Fibonacci numbers.
>
>
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