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http://www.adaptick.com/
This is the link to adaptick.
JO
--- In equismetastock@xxxxxxxxxxxxxxx, Keith McDonald
<kmcdonald@xxxx> wrote:
> Patrick Tan wrote:
>
> > Hi ,Just wonder if it works on MS 7.2 or MS 8.0Please let me know.
> >
> > ----- Original Message -----
> > From: manohohman
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Thursday, October 23, 2003 8:27 AM
> > Subject: [EquisMetaStock Group] New MS Add-on Reviewed
> > I just got an early release copy of a new MS add-on
> > called ICE.
> >
> > Before reviewing the product, here's a disclaimer for all
> > the
> > conspiracy theory compulsives out there. I have no
> > involvement with
> > either Equis or Adaptick, the company who produces the
> > program. I'm
> > not married to the sister of someone who works for either
> > one of
> > them, and nobody there is my cousin. They don't send me
> > birthday
> > cards with money inside, and so far neither of company has
> > even
> > bought me a hot dog.
> >
> > The product's name is ICE, which tells you absolutely
> > nothing about
> > the program. I will say this: I REALLY LIKE THIS ONE!
> >
> > I haven't said that often about any add-on but this time,
> > I really
> > got my money's worth out of it.
> >
> > ICE is a specialized system tester program that takes 72
> > indicators
> > and divides them into four relatively uncorrelated
> > categories. The
> > indicators in each category can be tested on and optimized
> > for, any
> > group of stocks in any time frame.
> >
> > What this product does is save huge amounts of time and
> > energy when
> > building and testing trading systems.
> >
> > All trading systems need some kind of indicators. However,
> > if you are
> > going use two, three or four indicators, each indicator
> > should be
> > measuring something different. For example, if you like
> > RSI and
> > Stochastics, fine. Just don't put both of them in your
> > system because
> > you are essentially measuring the same thing with both
> > indicators.
> >
> > Both are momentum indicators. RSI measures closing price
> > relative to
> > the previous close, and Stoch measures closing price
> > relative to the
> > range. This might sound different, but they're too closely
> > correlated
> > to be very effective when used together.
> >
> > In the ICE program both of these are considered velocity
> > indicators.
> >
> > The point of having different indicators is to increase
> > the
> > probability of a good trade by increasing the amount of
> > NEW
> > information provided by each indicator. If the indicators
> > are too
> > similar—measuring essentially the same thing—the
> > combination only
> > marginally increases the probability of making a better
> > trade. If the
> > indicators are sufficiently different, then the new
> > information makes
> > a larger and more important contribution to the increase
> > in
> > probability of a good entry or exit point.
> >
> > However, that's not the end of the story. Even if you have
> > indicators
> > that have very little colinearity (okay, take deep
> > breathes—it means
> > they're measuring the same things—i.e. Points on a
> > straight line.)
> > there is still the issue of how well any given indicator
> > works on a
> > group of stocks.
> >
> > In a good trading system all the indicators give good
> > signals on the
> > stocks being traded, and they are distinct enough to
> > provide sound
> > entries and exits when used together.
> >
> > (I need to pause for a moment to make a small point
> > outside of ICE.
> > With indicators, more is not merrier. The best trading
> > systems keep
> > it simple. As you add more and more indicators to a
> > system, the law
> > of diminishing returns sets in and JO's law of paralysis
> > takes over.
> > If you use more then 3 or 4 indicators, it gets
> > progressively harder
> > to make decisions based on what you're seeing. Half the
> > time you
> > won't even know what you're seeing, much less what to do
> > about it. So
> > basically---KEEP IT SIMPLE!!!!)
> >
> > After installation, ICE is fully integrated with the
> > systems tester.
> > You pick a couple of indicators in a category, test the
> > indicators on
> > your stocks to see which ones perform the best, and then
> > optimize
> > them. The optimizations are also fully integrated, so you
> > don't have
> > to do any programming at all.
> >
> > Once you have the optimized indicators, you set them up on
> > chart with
> > a stock and play around a bit with the settings. This how
> > I like to
> > customize. My eyeball tells me things that a mechanical
> > optimization
> > program can't even deal with. Once that's complete, you
> > move to the
> > next indicator in the next category.
> >
> > After awhile you will have three or four indicators, one
> > from each
> > category, that fit you, your stocks and your system. They
> > will have
> > little colinearity, they will have excellent probability
> > of
> > generating good entry and exit points and you will be well
> > on your
> > way to having a really good trading system.
> >
> > No, the program doesn't test chaos theory, Elliot cycles,
> > fractals,
> > or hypocycloids of four cusps. This is a good thing
> > because it has
> > been proven over and over, the best systems use the simple
> > time
> > tested indicators--and that's it. Two moving averages and
> > some common
> > sense will out perform the stuff I just mentioned. Okay,
> > don't email
> > me about how good Elliot cycles are and how much you love
> > them, etc,
> > etc. Elliot was stranger than Elvis, and Elvis didn't know
> > anything
> > about trading stocks. That's all I need to know about
> > Elliot and
> > Gann.
> >
> > This program won't help you write rap music, or find
> > exotic patterns
> > in the futures markets, but it will save you tons of time
> > and money
> > trying to come with a system that works.
> >
> > Here's a real life example—mine. I have written and
> > developed two
> > really, really good systems. (No, I won't give them to
> > you. No, I
> > won't sell them to you. Don't bother!) But like all
> > Americans (and
> > the Chinese too), I'm never happy with what I have, so I
> > wanted a
> > third one that did something that my first two didn't. My
> > original
> > systems gave very accurate entry and exits signals but
> > they didn't
> > tell when I should be piling more money into what looked
> > like a good
> > trend. While it's not possible to tell how long a trend
> > will last, it
> > is definitely possible to tell when a particular trend is
> > stronger or
> > weaker. In other words, when should I risk more or risk
> > less.
> >
> > I started working on the system a couple of weeks ago, and
> > went about
> > solving the problem of when to increase my trade risk
> > first. After
> > that was solved, the indicators that I added initially to
> > the system
> > seemed to perform only so, so. After getting ICE, I read
> > the manual
> > (which is still a work in progress, but since none of you
> > seem to
> > read manuals anyway that shouldn't be a problem), sat down
> > at the
> > computer and in less than two hours finished the system.
> > I've set it
> > up, traded with it, and I'm pleased to say---I LOVE THIS
> > SYSTEM, I
> > REALLY LOVE THIS SYSTEM. Next week I'm going to buy it a
> > three stone
> > diamond ring, I love it so much. Now, if it could only
> > tell me it
> > loved me back!
> >
> > If I had had this product a few years ago, it would have
> > saved me
> > hundreds of hours in system development and testing time.
> > That was
> > such grinding work, I had days when I thought I saw
> > Elvis—sorry I
> > mean Gann.
> >
> > You know the only thing that could be better than this is
> > if I could
> > tell you it was FREE, FREE, FREE! That is, after all, your
> > favorite
> > word. Alias, it's not. BUT ALMOST.
> >
> > If you buy it before the official release date, it's only
> > $99 instead
> > of $299. Well, hold my hand, I can't believe it. It's
> > true, and I
> > will tell you I would have paid many times that amount for
> > all the
> > time and energy it would have saved me when I first
> > started
> > developing my own systems.
> >
> > You can read about it at www.adpatick.com.
> >
> > I guess before I finish I need to confess. No I'm not John
> > Slauson,
> > the guy who wrote ICE. Yeah, I know JO is really similar
> > to JS—at
> > least to some of you Sherlock Holmes want-ta-be's. Given
> > the millions
> > of possible name combinations JO and JS aren't even
> > remotely
> > related.
> >
> > My confession is about cycles. I do rely on some cycle
> > information.
> > You can find it at
> > http://www.fourpillars.net/finance/predic.html.
> > This is the most accurate cycle information I've ever
> > seen. If you
> > don't believe me, use it for awhile. You'll see. I've
> > named my dog
> > Yang.
> >
> > JO
> >
> > PS Some of you know I recommend John Clayburg's book Four
> > Steps to
> > Trading Success. John has developed a very sophisticated,
> > effective,
> > yet easy to use set of indicators based on the RSI, Stoch
> > and %R. It
> > would seem that these have too much colinearity to be
> > effective. Doc
> > Clayburg has solved that problem through the use of time
> > frames. Time
> > frame combinations can over come colinearity problems, but
> > it's too
> > sophisticated for most system developers to deal with so I
> > won't go
> > there, except to say Clayburg's system does not suffer
> > from the
> > problems I have described above.
> >
> >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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> >
> >
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> >
> >
> >
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>
> this link won't work
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