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Try going on the ICE board and ask the people who have bought it and
post there.
http://finance.groups.yahoo.com/group/ICEers/
ICE is a single symbol expert generator. It's not magic bullet. It
has it's good points and it's bad points. If you read a few systems
development books you would be able to quickly identify the good and
bad points.
--- In Metastockusers@xxxxxxxxxxxxxxx, "johnm_milton"
<johnm_milton@xxxx> wrote:
>
> Dear friends
> I am very interested to the ICE add on for Metastock by adaptick.
> www.adaptick.com
> I saw the video presentation
> (http://www.adaptick.com/flash/ice_intro.htmland ) and it looks a
> good tool. but I have some doubts.
> The process consists of three main steps.
> First, for any stock you are interested you have to look for the
> best 4 V indicators (Velocity, Verticality, Volatility, Volume)
> between 81 indicators they seem offer to you.
> After that you'll indicate in a web based page these indicators and
> their values. After few minutes you'll receive by email a first
> optimized system.
> Then you'll test this system again with a new simulation, and
you'll
> comunicate on the same web based page the new values.
> Finally they'll post you the definitive system with special Experts
> that will indicate how to stay in the market with that particular
> trade.
> What is not clear is how they balance the four indicators you have
> selected. What kind of criteria do they use ?. Is it just a
> statistically criterium, because they apply it only to your
> optimitation and not dependently on the specific stock. They say in
> fact that you can use ICE for any market and also for Forex or
mutual
> funds . Is not all this too much generic ?
> Have you tested this apparently good "add on" ?
> Have you really obtained "robust systems", as they call them ?
>
> Thanks for an opinion
> John
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