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NCT:
No one can dissagree with your idea of
attempting to benefit from small moves within the main trend.
Two simple applications of this idea are being sent to you.
I understand the reasons for your choice to not post your code.
Your attitude is descrete and thoughtful. My opinion though, is that you can
post any code of yours, even if you have doubts about it, provided that you
are
clearly expressing these doubts (as you did).
Thanks for your compliments.
However, when I posted ZZT I knew I was posting it to
a users group, not to a museum. This means that anybody can experiment
with it - as long as the copyright rules are respected - and users that
might
feel confused by any experimental code can always ask for explanations.
If you or someone else can explain, then I bet he will.
If not, then ..next question please! :-)
Go on. You are doing great.
Spyros
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Message: 3
Date: Tue, 25 Feb 2003 09:25:11 -0800
From: "nct" <nct@xxxxxxxxx>
Subject: ZigZag Validity SR (Spyros)... looking for updates
Spyros: Thanks for your explanation. I do understand it, and am sorry to
say I am guilty of, at times, trading nothing more than zigzag validity, due
to my concern over the ZZT lag, which is illogical as you suggest (or
"intuitive" as I said).
I should rather adjust the ZZT 3% setting for whippy markets like we've seen
recently, but back testing such a small amount of history seems silly and
ineffective.
The tantalizing hybrid System Test that really ruins the beauty of ZZT by
being impossible to actually trade, like zigzag itself, has been sent to you
privately. I didn't want to publish it, since it is a deranged form of your
work, and I don't want other people confused by it!
NCT
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