aberration

[preston morrow <prestonm@xxxxxxxxxxx>]

sorry, Liz, you must be looking at something other than the s&p... all i
see is huge losses... daily, tick charts, intraday various minute charts
up to 60-min

what am i missing?

preston




 Subject:
          Here's the $ 421,000 System !
    Date:
          Sat, 22 May 1999 15:46:39 PDT
   From:
          "LIZ MERRILL" <lizmerrillcboe@xxxxxxxxxxx>
      To:
          omega-list@xxxxxxxxxx



I will quote Mark Johnson:
"100% mechanical trading has done pretty well for
   me.  From 1/1/1997 to today (5/13/1999), my
   net profits (including commission, slippage,
   rollovers, etc) have achieved a compound annual
   growth rate of 79.6% per year.  As of today,
   total net profits are $421K.  $118K of the
   profits came in 1997, $102K came in 1998,
   and $200K of the profits have come (so far)
   in 1999.

   If want to know more, but you're too cheap or
   too lazy to send $5.00 to Club 3000 News for
   a reprint, don't bother asking (or demanding)
   one from me. "

The system he uses is Aberration and the code is below, no need
for $5.00 or any payment, just copy and transfer into TS. My
gift to all the hard working patient traders, I am not here to tease
or to brag, just give you the facts.So go out and make $421k and donate
a
portion to chartiy.
                                     Liz Merrill

Inputs: Length(80), StdDevUp(2.0), StdDevDn(-2.0);
Vars: UpBand(0), DnBand(0), Ave(0);


UpBand = BollingerBand(Close,Length,StdDevUp);
DnBand = BollingerBand(Close,Length,StdDevDn);

Ave = Average(Close,Length);

if ( MarketPosition = 0 ) and ( Close > UpBand )
  then Buy("BE") tomorrow at market;          { Enter Long }

if ( MarketPosition = 0 ) and ( Close < DnBand )
  then Sell("SE") tomorrow at market;          { Enter Short }

if ( MarketPosition = 1 ) and ( Close < Ave )
  then ExitLong("LX") today at close;          { Exit Short }

if ( MarketPosition = -1 ) and ( Close > Ave )
  then ExitShort("SX") today at close;         { Exit Long }

{ Print ( File("k:\aberatn.eqy"), Date:6:0,
          (OpenPositionProfit + GrossProfit + GrossLoss):6:2 ); }