|
PureBytes Links
Trading Reference Links
|
In Metastock Pro 7.0, the three balance lines are different yet. If you are
interested, I killed a few minutes matching his new lines. They are all of
longer length.
I would expect Bill to keep developing his system and keep changing it. If
he published it in a book (which I have read) then his current system that he
uses for trading, is probably different yet.
I have done extensive testing of his system and I like it. The parameters
that he uses in his book is good for end-of-day. Some of his other
parameters maybe better for various intraday time frames.
The moral here is test it yourself and experiment with it. You will learn a
lot.
Kevin Campbell
In a message dated 2/28/00 12:06:26 AM Central Standard Time, rs@xxxxxxxxxx
writes:
> Bill William's in his 3rd chapter mentions the "Alligator", which he
> describes as,
>
> the Blue Line - 13 day smoothed moving average, offset 8 days into the
> future
> the Red Line - 8 day smoothed moving average, offset 5 days into the future
> the Green Line - 5 day smoothed moving average, offset 3 days into the
> future
>
> I downloaded the demo from www.profitunity.com. However, with the same
> stock, under MetaStock 6.5.2, I can't seem to get the same values as his
>
> software. I've tried, Simple, Exponential, Weighted, all the ones
> available in MetaStock. I even tried experimenting with the time periods
> values.
>
> Comes close, but not the same. I'd be highly obliged if somebody would
> shed some light on this.
>
>
>
|