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CMA,
"1) Sell the opening (long or short) X-number of days
(?) after the indicator above moves from below 100 to
above 100. (Is this on a close-to-close basis?)"
Specifically, sell the opening the day after the BB Histo closes above 100.
"2) Buy or cover when the indicator goes from above
100 to below 100 or from above 0 to below 0 X-number
of days after that occurs."
Buy, when the BB Histo dips below zero (the following morning).
"a) how many days after the signal
does one act;"
The following morning.
" b) Is this close-to-close or intra-day?"
close to close
"c) Is this to initiate or to go short or add to a
position?"
Add to positions if the indicator "repenetrates" these levels...otherwise
reverse when it triggers.
This is as simple as I can make it. I've published the rules three times
and the signals are posted on the chart I supplied to the forum.
Steve Karnish
Cedar Creek Trading
http://www.abbracadabra.com/cybercast/
----- Original Message -----
From: CMA <cma6@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxxxxxxx>
Sent: Friday, December 17, 1999 6:52 AM
Subject: Karnish systeem
>
> Let me see if I understand this system:
>
>
> There has been talk of a free trading system but this
> is all I have seen. The trading rules are unclear.
>
> BB Histogram:
> > ((C+2*Std(C,20)-Mov(C,20,S))/(4*(Std(C,20)))*100)
> Sell the opening
> > days after the BB Histogram penetrates 100 and buy
> when it penetrates
> > zero. Add to positions when the BB Histo leaves
> "above 100" or "below
> > zero" and then "repenetrates" the trigger levels
>
> This is my interpretation and I would appreciate it
> if anyone has a clarification, since I don't have the
> charts, and there is nothing more explicit on Steve's
> site.
> 1) Sell the opening (long or short) X-number of days
> (?) after the indicator above moves from below 100 to
> above 100. (Is this on a close-to-close basis?)
> 2) Buy or cover when the indicator goes from above
> 100 to below 100 or from above 0 to below 0 X-number
> of days after that occurs.
> I sense the general idea of the system but not
> the precise trading rules. It needs to be made much
> more exact, e.g., a) how many days after the signal
> does one act; b) Is this close-to-close or intra-day?
> c) Is this to initiate or to go short or add to a
> position?
> We have the outline of system, but not specific
> trading rules here. Steve undoubtedly understands this
> system, since he applies it so well, but there is a
> reason why no one else uses it: they can't understand
> it.
> Thanks for the clarificaton in advance.
> CMA
>
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