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[EquisMetaStock Group] Re: Power Pivots



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Rahul,
Thanks. Regarding Trade Oracle, I've just started using it. So far, 
it looks OK but some of the systems seem to be duplicates of the 
existing PS system that come bundled with Metastock...



--- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxxx> wrote:
> 
> 
> 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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