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PureBytes Links
Trading Reference Links
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The code for this system is in the public domain. It has been posted many
times on this list / various magazines with slightly different variations. It
is the Value line system /Zweig system (read the book/articles & do your
homework)
( MB has given the logic away. Try to write the code. )
Mutual fund timers use this as one of their tools. It is a channel breakout
(use % instead close).
Transaction costs in a long term system are minimal. It is not normally used
with futures (except big accounts), but with index /mutual funds.
Many newbies buy TS and expect to make a profit on every trade. They turn to
the Omega List for basic questions (answers for which are in the manual /
help). They flood the list with questions about indicator vendors. This is my
own experience from the local Omega group in my city.
They expect to be the like Sampras / Agassi , since they bought designer
titanium/graphite tennis racquets and shoes.
>>But it should be pointed out that some newbies might be inclined to
>>use your services under the false assumption t
If you follow MB's thread, most of it has been very good.
Regards
Michael
> even regarding the danger of getting into a flame war (which I do not
> wish) let me make the follwing comments.
>
> I have difficulties understanding the merits of posting trade reports
> if the system rules are not avaible for inspection. Other crucial
> details are missing as well or are misleading:
> Is this out-of sample data ? Why are there no transaction costs ?
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