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"In backtesting
>it grew $80K to $88 million using 100% mechanical
>signals .... pretty good."
Can anyone tell me where the above statement originated ?
Has it been confirmed by real trading ?
> -----Original Message-----
> From: Karl [mailto:kschr@xxxxxxxxxxx]
> Sent: Friday, November 05, 1999 9:51 PM
> To: Mark Johnson; omega-list@xxxxxxxxxx
> Subject: Re: PGtrend_osc for TS2000; PUZZLE SOLUTION
>
>
> It is on page 91 in the new edition. Kaufman's book is, in my opinion,
> outstanding. Probably not the best book for the beginner at technical
> analysis but certainly a wealth of information for someone versed in tech
> analysis and comfortable with math.
> Karl
>
> -----Original Message-----
> From: Mark Johnson <janitor@xxxxxxxxxxxx>
> To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Friday, November 05, 1999 9:11 PM
> Subject: PGtrend_osc for TS2000; PUZZLE SOLUTION
>
>
> >The system is called "volatility bands" and it
> >appears in Perry Kaufmann's book "Commodity
> >Trading Systems and Methods" (page 76 of the
> >1987 edition).
> >
> >In this case, volatility is measured as the
> >exponential moving average of the "TrueRange".
> >
> >Of course, serious TA students will also notice
> >that the act of "turning a volatility bands
> >trading system into an oscillator" has been
> >done before. John Bollinger turned his Bollinger
> >Bands system into an oscillator called %B .... when %B
> >is equal to +2.0, it means that price is
> >2.0 standard deviations above the moving
> >average.
> >
> >Here we are doing "XMATR Bands" and turning
> >it into an oscillator. Tip o the hat to
> >John Bollinger.
> >
> >But honestly, who gives a rat's ass what NAME
> >you call it, or which author published it in
> >what year, or how many keystrokes it takes to
> >describe the system to TradeStation? The bottom
> >line is, it looks Pretty Good. In backtesting
> >it grew $80K to $88 million using 100% mechanical
> >signals .... pretty good.
> >--
> > Mark Johnson Silicon Valley, California mark@xxxxxxxxxxxx
> >
> > "... The world will little note, nor long remember, what we
> > say here..." -- Abraham Lincoln, "The Gettysburg Address"
> >
> >
>
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