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Seth,All:
After reading this post,you May agree with me that the 'Commercial'
venture of the product you mention 'Smells Fishy'!
I am basing this assumption from a "PUBLIC" post made almost two years
ago,and would put the original code to have been written in the 1997-98
timeframe.
I have'nt tested this code,but the 'facts seem to stand up-ie:the post
below,and the commercial site you mentioned..
http://home.earthlink.net/~sptrader/index.html
Granted,there may have been some 'enhancements' made,since then.
My opinion-Save Your Money.
-------- Original Message --------
Subject: CL_scalper pivot points
Date: Fri, 18 Jun 1999 13:27:10 EDT
From: SKane777@xxxxxxx
To: code-list@xxxxxxxxxxxxx (C_List), omega-list@xxxxxxxxxx (OmegaList)
I sent this code to a friend who later to my surprise was selling the
same
code as the Scalper Pivot Point Software for $350. I posted this code a
year
or two ago, but here it is again.
Input:
LRSBval(-0.12), {level which buys must be below}
LRSSval(0.11), {level which sells must be above}
Length3(20),{Length for buy LRS}
Length4(20),{Length for sell LRS}
FDBLen(20), {Number of bars to use for FastD calculation for buy side}
FDSLen(20), {Number of bars to use for FastD calculation for sell
side}
FDBuy(6), {Value of FastD to signal long entry}
FDSell(94), {Value of FastD to signal short entry}
MAvgLen(20),
PctAbvMA(.1),
PctBlwMA(.05);
Vars:
PctAbvMAValue(0.0),
PctBlwMAValue(0.0),
FDBVal(0.0),
FDSVal(0.0),
FastDValL(0.0),
FastDValS(0.0);
PctAbvMAValue = (Average(Close,MAvgLen) * (100- PctAbvMA) / 100);
PctBlwMAValue = (Average(Close,MAvgLen) * (100+ PctBlwMA) / 100);
FDBVal = FastD(FDBLen);
FDSVal = FastD(FDSLen);
condition1 = c < PctAbvMAValue;
condition2 = c > PctBlwMAValue;
condition3=LinearregSlope(c,length3)<LRSBval;
condition4=Linearregslope(c,length4)>LRSSval;
condition5= (FDBVal <= FDBuy and FDBVal > FDBVal[1]) or
(FDBVal[1] <= FDBuy and FDBVal > FDBVal[1]);
condition6= (FDSVal >= FDSell and FDSVal < FDSVal[1]) or
(FDSVal[1] >= FDSell and FDSVal < FDSVal[1]);
if condition1 and condition3 and condition5 then begin
Plot1(L - .5,"GoLong");
end;
if condition2 and condition4 and condition6 then begin
Plot2(H + .5,"GoShort");
end;
Seth wrote:
>
> Has anyone on the list ever used a software product called S&P Scalper? How
> were your results? Does anyone know Greg Richards, who sells this
> TS-compatible software on the S&P Bootcamp web site? Many thanks in
> advance.
> Seth
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