Now, I just leave this issue to the forum. If someone said this lovely zigzag indicator is so nice then he/she is welcome to keep it and use it (it just doesnt hurt me anyway). If someone think I have not been blowing hot air, then in that case perhaps that person will gain something and perhaps in the future that person will thanking me.
Also please note and please keep in mind I didn't discredit anyone and even said anything about equis. that is equis business. I will definatelly wont get headache.
regarding adaptive method I only got 2 types commercial indicators while I have got and created my own adaptive indicator from these two indicators functions. they are very easy to be found and one of the leading hands is the member of this group. I will let you guys to guess
Thank you
--- In equismetastock@ yahoogroups. com, pumrysh <no_reply@xx .> wrote:
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> Bryan,
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> Discussions about the dynamic nature of the zig-zag and their cousin peak and trough indicators have gone on in this and other forums for years. Most people decided to drop their use at that point in favor of indicators that were valid and could be used in real life trading.
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> Any indicator or system developed using these dynamic indicators should be openly identified so that you can make an informed decision about your technical analysis tools.
>
> Spyros Raftopoulos did produce a set of indicators that were somewhat usable back in 2002 but even his work required validation which he openly admitted. A great deal of that work was conducted on the "old" Yahoo MetastockUsers group and there were a number of experts who weighed in on the problem at the time. As I remember Jose(no longer a member here) was only one of them. Others were Roy Larsen and Henry Kaczmarczyk. Spyros went on to publish his work in TASC. You can find some files about this in our files section.
>
> As for Thomas' statement that MS11 indicators use the zig indicator, I cannot verify this. Joo Seng did point out earlier that All "MS11-Adaptive xxx" indicators use the Cycle method and are based on the zig zag. It should be a simple task to verify this yourself unless the indicators are password protected. I would also think that Equis would be upfront about the disclosure if it were the case.
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> Realize also that Thomas did mention his use of "adaptive" indicators and as Super has pointed out the question is what are these indicators adaptive to.
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> Hope this helps,
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> Preston
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>
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> --- In equismetastock@ yahoogroups. com, "mr. bryan mccormick" <deepfoobar@ > wrote:
> >
> > Wow. Well if this is true, I am not sure what use they could be. A zig-zag is a backward looking indicator. As many people have written in the past, not the least of them Jose Silva, systems based on zig-zag will give nonsense results because of this backwards look. I am not sure if Jose is still active. Perhaps I have this wrong. He would be the correct person to comment.
> >
> > --- On Tue, 11/24/09, joo seng <jooseng6@> wrote:
> >
> > From: joo seng <jooseng6@>
> > Subject: Re: [EquisMetaStock Group] Re: MS 11 Pro with ZIGZAG in indicators
> > To: equismetastock@ yahoogroups. com
> > Date: Tuesday, November 24, 2009, 1:00 PM
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> > Â
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> > All "MS11-Adaptive xxx" indicators using Cycle method are based on zig zag.
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> > --- On Wed, 25/11/09, superfragalist <no_reply@xxxxxxxxx p s.com> wrote:
> >
> > From: superfragalist <no_reply@xxxxxxxxx p s.com>
> > Subject: [EquisMetaStock Group] Re: MS 11 Pro with ZIGZAG in indicators
> > To: equismetastock@ yahoogroups. com
> > Date: Wednesday, 25 November, 2009, 1:19 AM
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> > Â
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> > I've looked at the formula's for most of the indicators and I don't recall any of them being based on zig zag formulas. Maybe I missed one.
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> > They have prev statements in them which slow them down to the point where they have limited use, especially on intraday charts, but that's about it.
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> > How an adaptive indicator performs is based on what it is adapting too? Volatility, moving averages, money flow, etc. There are many ways to program adaptive indicators.
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> > Super
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> >
> > --- In equismetastock@ yahoogroups. com, "thomas12ng" <thomas12ng@ ...> wrote:
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> > > Hi,
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> > > I am surprise that the recent development in metastock 11 is somewhat twisted.
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> > >
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> > > After reviewing the indicator builder components (where all names start with MS11 ; they must contain ZIGZAG parameter as their proprietary arrangement. ) I feel sad about this set back. Mainly with the indicator quality. I have monitored a few hypothetical porfolio which system build based on these compenent vs. my own indicator from a reliable "adaptive" indicator. The result is totally very very bad.
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> > > I truly have no idea who was the genius author behind these repaint indicator.
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> > > Just a quick suggestion: to those who try to develop system as based on MS11 custom indicator just abandon it!!!
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> > New Email names for you!
> >
> > Get the Email name you've always wanted on the new @ymail and @rocketmail.
> >
> > Hurry before someone else does!
> >
>