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You should join the group I mentioned and tell them you got poor
results. They can help you fix the problem.
Poor results on the test samples is not a drawback to ICE. There are
other issues but that shouldn't be one of them. I've run 160 stocks
through it, and I can't say I've had the same problem.
I don't trade with it because I've got systems I have developed that
out perform it, but for newbie's with no programming ability, it's
not a bad way to learn.
--- In Metastockusers@xxxxxxxxxxxxxxx, Gary D Moore <garydmoore@xxxx>
wrote:
> I purchased the first version and also the upgrade. I have never
had any
> success with it. Its is supposed to make a trading system for a
particular
> stock or group of stocks but I found it time consuming and then
when it
> made the system, its results were poor. For me it was money
wasted. Good
> luck.
>
> At 08:02 AM 12/30/2004, you 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>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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