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Spyros' work is still in the files section
http://finance.groups.yahoo.com/group/equismetastock/files/
SR Zigzag related indicators.doc
<http://f1.grp.yahoofs.com/v1/sKm9QsOXCdvF9_hLcz2zSFbRTTNcqjqopHLdPpLh
i1e-_a9O50uaV1FVPA-FYK8d0SWlvzvGr7qL55BcSprY/SR%20Zigzag%20related%
20indicators.doc>
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxxx>
wrote:
> When people first start using TA, they often think they've found the
> grail with formulas that use the zig zag and peak and trough
functions
> or even forward references.
>
> You'll have to do some internet research on the zig zag and it's
> dynamic last leg.
>
> Spyros Raftopoulos is an expert on the zig zag and has written a few
> articles on it. Most of those were in Technical Analysis of Stocks
and
> Commodities Magazine. If you go to there website and do a search for
> his name, you'll find a number of articles you can download and he
> explains it.
>
> Spyros is not on this site any longer, I don't think. He stopped
using
> MS a couple of years ago so I doubt he monitors this board.
>
> Anyway, most of the passworded formulas can be duplicated with
simple
> stuff once you get experience.
>
> You were wise to question what you saw. Nothing and I mean nothing
> works that good in the world of TA.
>
> Have fun!
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, Agustinus Handy Utama
> <joyofwork101@xxxx> wrote:
> > Appologize for disturbing question. That is not really my
intention
> to hack. I was doing EST(system tester) on 5min charts EURUSD using
pp
> Bollinger Bands. I saw 3 suspicious things. 1. It made money without
> any drawdown. My equity curve is straight linear. 2.Since it never
> fails, it has very effective positions. All positions are posisive &
> zero. 3. The funiest thing is that all of them have open position &
> close pos in exactly one bar. Hmm. it got buy & sell signal in the
> same bar all the time. Wow, I just feel nonsense.
> > It is quite sense as you explain if it has some future references
> > (like peak, through, or zigzag) which none of equis manual telling
> me about it.
> > I hope that is not reason for password.
> >
> > Thank's for advice on Roy's newsletter.
> >
> > ********************************
> > This isn't a website for hackers. Many of the developers monitor
the
> > site and wouldn't appreciate someone telling you how to break
> > anybody's password protection. It's passworded for a reason.
> >
> > Most pivot programs use peak and trough functions. Those have
dynamic
> > last legs which means the signals will show up one day and
disappear
> > the next. In the systems tester, the signals test out very well,
> > giving results that are too good to be true.
> >
> > If you open a chart or two, roll the date back and then walk it
> > forward on day, several days past the signal, you'll see a number
of
> > them disappear a few days pasted the entry point.
> >
> > Since I haven't seen the code for the program you mentioned, I
can't
> > be 100% sure they don't use some type of zig zag or peak and
trough
> > code, but every pivot program I've ever looked at either uses
those or
> > has forward references in it, which means you won't actually see a
> > signal until two or three days after it's passed. Sweet!
> >
> > Have fun and try a hackers board for password breaking.
> >
> > In general, when the results are too good to be true, they are. If
> > this or any other TA program worked great, the TA crowd would
jump on
> > it and everyone would be rolling out the money. The bankers and
> > trading houses have spend billions trying to find magical TA
formulas
> > that will beat the market. Most of them still rely on common
sense,
> > and a good set of moving averages. Rocket science has brought
little
> > to the party so don't expect a $300 program to get you anything
except
> > a few thousand in loses.
> >
> > If you really want to learn some interesting stuff about how MS
works,
> > how trading works and interesing ways to approach the market to
> > improve your odds of winning, read Roy's newsletter.
> >
> > www.metastocktips.co.nz
> >
> > There some common sense trading techniques in there that might
just
> > give you what you're looking for.
> >
> >
> >
> >
> > ---------------------------------
> > Yahoo! Mail Mobile
> > Take Yahoo! Mail with you! Check email on your mobile phone.
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