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Re: Purely mechanical



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At 08:20 PM 5/13/99 +0200, you wrote:
>
>It would be nice to know the code for your system. I dont know if your system
>would be suitable just for you, but we have to know the system code to
test it
>and find out if we will manage with it or not. Could it be possible for
you to
>send the code to the list? (sorry, of course it is possible,... the question
>is... would you like to share your profitable system with us? I dont think
you
>would, but it so, just send the code). Happy trading for all!!!
>

I know it must sound like the Miracle System of the decade, and so I really
regret that I can't give you the specifics. The unfortunate fact is that
the more people trade this way, the worse it will work! Guaranteed. Also
worth considering that I've worked for years to figure out this stuff, at
great financial and personal cost, so I'm not going to spoon-feed you.

I guess I could say it's based on simple chart patterns, things like
l=lowest(l,5), c>open, etc. This as opposed to indicators or whatever.
There are 3 separate trades, you're looking at the combination. This is no
easy trick to do in TS. Two of the three systems use stock maret VOLUME
information, which is not available with the other commodities (until the
next day, when it's too late to use!). One of the systems uses the Positive
Followthrough Day as described by William O'Neil in his great stock market
book, in the chapter on reading the market.

Look in the direction I'm pointing, and maybe you'll like what you find.

good luck,
Phil