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Nicholas:
Some of the indicators are useless because they do not truly represent the
base indicator, one such is the random walk indicator. Some of the
indicators are closely correlated to each other, so why use more than one of
the group. Some indicators are complicated and give the same sort of signals
as simpler indicators.
All price-only based indicators are highly correlated.
My guess is that only a small group of these indicators are used by most
people.
A good formula language system would be better than a large number of
indicators. Equis should try to come to terms with the owner of TAS and
include it with MS.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: Nicholas Kormanik <nkormanik@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, February 07, 2000 6:40 PM
Subject: What to do with the rest of them???
>
> Just curious, and I'd like to elicit a few comments, but most folks using
> MetaStock appear to be using just a few of MetaStock's 200 or so
indicators.
> What do people do with all the rest?
>
> Thanks,
> Nicholas
>
>
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