|
PureBytes Links
Trading Reference Links
|
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
> kut2k2,
>
> It is possible that Jurik's indicators would allow you to
auto-adjust
> the lookback period of other indicators but I have no first hand
> knowledge of this.
Neither do I. I just reported what I read at his website:
http://www.jurikres.com/catalog/ms_cfb.htm#top
> The whole adaptive issue in Metastock has been going on for a long
> time now. I would have thought that a third party would have
designed
> a DLL for this purpose by now. There may well be some that I am not
> aware of though. There are none that are being given away.
> Proprietary/Blackbox DLL's and indicators are highly guarded and
> protected. In most cases you may be able to purchase a DLL but you
> will not be able to crack the code.
>
> I am aware of some private groups that have developed an adaptive
DLL
> but in order to get a copy you would need to be a member of the
> group.
>
> In the end I think you need to consider whether an adaptive
indicator
> is really worth all the effort. My own observations are that they
> really are not. Place your time and effort in learning good
technical
> analysis methods. Most of the really good TA people use very simple
> tools and methods.
>
> Preston
Very simple tools seldom work consistently in an ever-changing market.
The whole point of adaptive indicators is to account at least
partially for market changes. That's their potential for enhancing a
trading system.
A lot of people completely misunderstand what the power of, say, an
adaptive moving average (AMA) is. If someone uses it as a crossover
basis for raw price, that is exactly the wrong usage. But if you
replace a fastEMA/slowEMA crossover system with an AMA/slowEMA
crossover system, you almost certainly will have a faster system with
no tangible increase in whipsaws, as a rule. It all depends on the
quality of the AMA (big hint: Kaufman's is great as a learning tool,
lousy as an actual trading tool).
What I am currently trying to achieve is a super-adaptive MA: an AMA
with a self-adjusting lookback period. That's why MS's lack of dynamic
time periods, or even a looping option, is such a major limitation.
I thought your "adaptive DLL" was a special tool for auto-adjusting
lookbacks but it sounds like it's just a canned AMA. I already have an
AMA that's better than anything in the public domain (I guess that
makes it "proprietary" <g>) but I need to make it dynamic in lookback
for it to reach maximum power. Thanks for your response.
Good trading,
kut2k2
> --- In equismetastock@xxxxxxxxxxxxxxx, kut2k2 <no_reply@xxxx> wrote:
> > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
> wrote:
> > > kut2K2,
> > >
> > > An adaptive DLL is an add-on which would allow you to use
> indicators
> > > that vary from one length(period) to another or in your case
> change
> > > according to preset conditions. Most of the ones that I am aware
> of
> > > are not available to the public. There may one in the add-on
> > packages
> > > that are being sold now but I have no experience with any of
them.
> > >
> > > Preston
> >
> > Sounds fascinating. If they're not available to the public, who
> were
> > they made for? And if you're familiar with Mark Jurik's blackbox
> > indicators, is an adaptive DLL anything like the CFB, which Jurik
> says
> > can be used to auto-adjust the lookback period of other
indicators?
> > Thanks for your responses. Any websites you can direct me to
> > concerning adaptive DLLs are appreciated.
> >
> > Good trading,
> > kut2k2
> >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, kut2k2 <no_reply@xxxx>
> wrote:
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
> > > wrote:
> > > > > kut2k2,
> > > > >
> > > > > There are several ways to accomplish what you want and the
> > method
> > > > you
> > > > > have chosen is one. An adaptive DLL is another if you can
> find
> > > it.
> > > > In
> > > > > the end you consider whether it will really be worth all the
> > > effort.
> > > > >
> > > > > Preston
> > > >
> > > > Hi, Preston
> > > >
> > > > Can you provide more details on what an adaptive DLL is? TIA.
> > > >
> > > > kut2k2
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Rent DVDs Online - Over 14,500 titles.
No Late Fees & Free Shipping.
Try Netflix for FREE!
http://us.click.yahoo.com/YoVfrB/XP.FAA/uetFAA/BefplB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|