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[EquisMetaStock Group] Re: Relative Strength Comparison Analysis



PureBytes Links

Trading Reference Links

>>BUt in reality, I havent seen any people say I totally went 
BAnkrupt.<<


Perhaps you need to broaden the net you cast:

http://www.amazon.com/What-Learned-Losing-Million-
Dollars/dp/0963579495

I hope you can get it from your library.


--- In equismetastock@xxxxxxxxxxxxxxx, thomas ng <thomas12ng@xxx> 
wrote:
>
> I does not matter whether it is right or wrong. the main issues are 
are you making money from your URSC (Unidentified Relative Strength 
Comparison) :)..
> 
> If you said it is OK than it will be OK. you can trade this. But I 
will personally knock your door and remind you the thing that you 
have said. How is that sound? I just keep my self relax on my 
statement since one of the result has been revealed and the past was 
been prooved by many TA's.
> 
> 
> Regarding coding, you may visit other forum meta trader for e.g. 
there are a lot of experienced coder who keep their profile as low as 
possible and I am learnign from one of them. Many people can only say 
on how much money they made from market.BUt in reality, I havent seen 
any people say I totally went BAnkrupt. Some even dare to stated the 
system is current not in the market or the author has move to another 
market. Only a rookie or embicille who can believe this statement. 
So, Is it sleeping or drunk?????:)
> 
> There is no such a thing as a free luch in this world. Regarding 
testing this tool on the tradesim, I dont have much time as I am 
working on my project (improvement of ATR trigger) and my C++ 
programming. And also I dont find my self interested on this method 
or wish to know other people trading system so you need to test your 
own argument LOL. but those who are interested can personally email 
Tech Trader a.k.a John. He is an aussie trader who tried to develop a 
decent trading system that trade consistently over period regardless 
the current market condition ( either is bad or good ) back in 2003. 
Again you can find him on Aussie Stock Forum. not in this forum
> 
> 
> PLease follow the comment from one of the ALPARI owners on the 
fallacy of universality concept and the common mistake of traders. 
> 
> 
> Good Luck
> 
> 
> ----- Original Message ----
> From: Cameron Reid <cwr_74@xxx>
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Monday, 10 September, 2007 1:39:45 AM
> Subject: RE: [EquisMetaStock Group] Re: Relative Strength 
Comparison Analysis
> 
> 
> Hi Thomas,
> 
> I would be very interested in any information you might have on 
this.
> 
> I don't mean to say that I know definitively that you are wrong, 
but I do know that many of the member of The Motley Fool's Mechanical 
Investing board have found External Relative Strength to be a very 
significant and consistent indicator going back to 1969.  The members 
of the WER mechanical investing board share similar conclusions while 
testing a universe of much smaller companies.  And I have found ERS 
values to be very helpful in improving trading systems that I work 
with on TradeSim.  If you feel strongly that my use of this indicator 
will cause me to lose money and would like to provide evidence that 
demonstrates those points that you appear to hold so strongly, it 
would be greatly appreciated.
> 
> Cheers,
> 
> Cameron
> 
> 
> To: equismetastock@xxx: thomas12ng@xxx: Sun, 9 Sep 2007 02:11:52 
+0000Subject: [EquisMetaStock Group] Re: Relative Strength Comparison 
Analysis
> 
> 
> 
> 
> Oh my goodness!!!!!!!!!!! the discussion is only about this topic 
again. On the first place I have emphasised that this methodology 
does not tell us anything but some people persist on his opinion on 
how gorgeous this concept. I could not argue more. Now the fact has 
been reveal one by one. I deliberately let people discuss and figure 
out that I am absolutelly correct while others in my opposite is 
totally wrong. If it necessary I will reveal one of former commercial 
trading system in this forum so that people will start thinking on 
developing their own strategy. Cheers Thomas--- In 
equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@> wrote:>> 
First IBD doesn't compare each stock to a base index. IBD uses> 
External Relative Strength which compares every stock to every other> 
stock in the population someone is using. > > I've tested many 
ranking formulas and External Relative Strength works> better as a 
filter than any of the other method
>  including Relative> Strength Comparatives, which is what you are 
talking about. > > If you want an ERSC ranking that is the same as 
the IBD ranking, the> old SpyGlass plugin does that. It's called Fire 
now.> > SpyGlass puts a ranking value from 1 to 100 on each stock in 
the ERSC> comparison population and the numerical value means the 
same thing> from week to week and can be used in the tester. > > RSC 
values are meaningless in the tester because they are a relative> 
number only and do not have the same meaning from week to week. > > 
As far as counting goes, Roy uses a dll function in the explorer 
that> can count but I don't think it can sort on the highest value. I 
don't> use it so Roy will have to explain it. > > You can always 
export your list to excel and have excel sort and> number them. > > > 
Super > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "cherotree1" 
<mass54thcob@>> wrote:> >> > I am using this formula ROC(MOV
((C/P),26,S),1,%), and
>  comparing it to > > a base index, to generate a list of securities 
which I can then sort > > by either Relative Strength, Symbol or 
Security Name. > > > > My question to the group; is it possible to 
have the printed output of > > this list numbered i.e. number 1 for 
strongest, up to the last number > > in my list. Or, is it even 
possible to rank this list similar to the > > RS rankings that are 
listed by Investors Business Daily (maybe 100-> > strongest to 0-
weakest). Any and all replys are appreciated. Peace!> > > > Charles> 
>> 
> 
> 
> 
> 
> 
> 
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