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Andy, I don't trust any of the Power pivots systems at this time due
to placing signals back in time, although I do like the placement of
pivots, and the Contrarian system. The manual that came with it was
pathetic. My opinion of MS was fortunately shatterered with this add-
on. Fortunately, because I have found myself more willing to stand on
my own feet after that. Not familiar with trade oracle (tell me what
you think of it..)and I don't believe other add-ons were like Power
pivots. I also disliked MS keeping the Tradings systems standard
setup at 0 days with market open in the system tester when you open
it.. totally unrealistic. Maybe its different now. Should have been 1
day delay market open. Watch your profits evaporate - much more
realistic.
Recently read three good books - the October Crash of 29, the October
Crash of 87 and 4 Pillars of Investing. Also really liked Clayburg's
book per Super's recommendation.
Cheers,
Rahul
--- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
<andysmith_999@xxxx> wrote:
>
>
> rvalue1,
>
> Thanks, but now you have me a bit nervous. How many of the MS
trading
> systems (including Trade Oracle) alter events/signals back in time?
>
> For example, their systems (the non-pivotpoint ones) often show
very
> good performance during backtesting -- is that true or is there
> any "cheating with historical events"?
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxxx>
wrote:
> >
> >
> > Andy, when something is too good to be true, it is an illusion
of
> > the truth. So is power pivots plus. The scary thing in live
trading
> > with it is that you could be going along and suddenly find a Long
> > signal occur a few days back. you swear that it could not have
been
> > there before in real time (or previous day for EOD), and it was
> not.
> > So is PP useless? No. But I do think MS was not too clean in how
> they
> > advertised it the add-on and never came clean despite many
> > complaints. If you go to the Power Pivots yahoo group you will
find
> > many messages along the same lines; but also the program creator
> who
> > is very helpful.
> > I still do find it useful. But be very, very careful as it does
> place
> > signals "historically" and is intended to let you know where the
> > pivots are.
> >
> > Cheers,
> >
> > Rvalue1
> > --- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
> > <andysmith_999@xxxx> wrote:
> > >
> > >
> > > In Explorer and System Test, there are 4 trading systems called
> > power
> > > pivots (the names starts with "pp" instead of "PS"). Does
anyone
> > have
> > > experience with these?
> > >
> > > I find that the backtest results are "too good to be true" and
> > there
> > > is very little documentation in the user manual on power pivot
> > tests.
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