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I have the ACT package and while I agree with the comments here, I
would say it is good and is one of the better add-ons out there..
The filters don't do much - essentially reduce your trades and
reduces your total earnings.. same usual problem when you try to
factor in trending indicators. Still, I would recommend buying it. I
use the Adaptive EMA, Mama/Fama as well as the momentum experts on
stocks, along with my own systems..
--- In equismetastock@xxxxxxxxxxxxxxx, Arun Goel <eciarng@xxx> wrote:
>
> Thanks for your reply.
> br.
> arun
>
>
> ----- Original Message ----
> From: Ed Hoopes <reefbreak_sd@xxx>
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Wednesday, 7 May, 2008 5:51:08 AM
> Subject: [EquisMetaStock Group] Re: Rocket science for Traders
>
>
> These indicators have been coded in other TA software packages. I
> have his book and looked at many charts of the indicators.
>
> Most of his indicators are from the field of electronics. Virtually
> all electronic circuits have very predictable and repeatable
> performance, even though they are designed to respond to transient
> signals. This makes them amenable to mathematical analysis like
that
> described in Ehlers book.
>
> Unfortunately, the stock market is very unpredictable and
> unrepeatable, so when OHLC price data are fed into these filters,
> their performance degrades.
>
> My observations are that their performance is about the same as
that
> of common indicators present in most TA packages.
>
> ReefBreak
>
> --- In equismetastock@ yahoogroups. com, "eciarng" <eciarng@ >
wrote:
> >
> > HI,
> >
> > I am reading this book Rocket Science for Traders by John Ehlers
and I
> > find the indicators described in this book very interesting.
However
> > the codes given for the filters and indicators are not for
Metastock.
> >
> > If someone has used these indicators, can you please advise me
your
> > experience with them. Also can you share the code for the
Optimum
> > predictive filter described in this book.
> >
> > Thanks
> >
> > Arun
> >
>
>
>
>
> Download prohibited? No problem. CHAT from any browser,
without download. Go to
http://in.messenger.yahoo.com/webmessengerpromo.php/
>
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