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This is the most ridiculous thing I have read for a long time.
>From: "John simmonds" <full_oddball_disclosure@xxxxxxxxxxx>
>To: omega-list@xxxxxxxxxx
>Subject: Amazing, Incredible OddBall version performance ?
>Date: Wed, 13 Feb 2002 00:24:28 +0000
>
>
>
>To all the Omega-list: Your comments and observations as to how anybody
>could get such a high level of performance out of an OddBall type system
>are
>appreciated. I'm a pretty straightforward guy, - - - I only seek the truth.
>I have not changed any numbers; all of this is exactly the same as I
>received it. I have changed ISP's since October, but this has no bearing on
>the facts. I include the email headers so there will be no dispute as to
>the
>origin of these 2 messages.
>
>I appeal to the list members: Can somebody figure this out, I asked Brown
>twice but he mysteriously fails to respond . . . notice in the end of the
>2nd message that he claims to have "better" OddBall systems; I don't know
>if
>this incredible performance report he sent me is based upon a version he is
>not sharing with the Omega-list - - - in any case, since he fails to
>respond
>himself I'm forced to take this issue to the Omega-list and ask list
>members
>for suggestions in determining how a person can get such lofty numbers. I
>would think that other list members would agree that anybody who is
>offering
>an .ela type trading system to the public (free or otherwise) should be
>always be upfront and if they are furnishing "valid" performance reports on
>a free, publicly disclosed system they should always be willing to furnish
>the .ela and ALL inputs so others can independently verify the numbers - -
>-
>otherwise, our spirit of cooperation and honesty is lost.
>
>For the record, Omega-list archives show posts by Brown extolling the
>values
>of not holding back, but instead contributing without profit incentive,
>improvements in OddBall code for the good of all list members. Several of
>us
>have always followed this path.
>
>Message I sent over 8 days ago:
>Mark:
>
>I've been trying to come anywhere NEAR the results of the strategy
>performance report on OddBall you emailed me months ago. The 1st line
>identifying your performance report states:
>
>MB_SP07_D SP60 min 05/14/1998 - 06/28/2001
>
>I've used your basic OddBall as well as other traders variations in
>attempting to get the highest performance possible.
>
>Your report (end of this email) shows Return on account of 2103%
>and Total net profit of $816,525
>as well as overall profit factor of 2.17
>
>The "best" I can come up with for the same time period, natural hour bars,
>0
>comm, 0 slippage, natural hour bars, single contract, etc. is only $426,275
>with a ROA of 724.03%
>As I understand, no other trader working on OddBall type systems can show
>any better either.
>
>
>Your report shows an enormous difference from what I can get from my
>computer.
>
>Would you kindly provide the .ela and ALL inputs that you used to generate
>this amazing performance report so I (and the list members) can duplicate
>it
>(Hell, I'd be happy to get within at least 90%) . . .
>
>
>*******************************************************************************************************
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>Date: Sun, 7 Oct 2001 18:42:08 -0500
>From: Trader1 <trader1@xxxxxxxxxxxxx>
>X-Mailer: The Bat! (v1.53d) Personal
>Reply-To: Trader1 <trader1@xxxxxxxxxxxxx>
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>Message-ID: <138253170299.20011007184208@xxxxxxxxxxxxx>
>To: whitehot@xxxxxxxxxx
>Subject: OddBall system code
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>
>Hello whitehot,
>
> make sure to use natural hour data and notice that the times are
> Chicago so you may have to adjust for eastern or whatever other time
> zone than central time.
>
>--
>Best regards,
>Trader1 mailto:trader1@xxxxxxxxxxxxx
>
>
>****************************************************
>=MB_OddBall
>
>
>{start code}
>
>{Data = Either the SPY SAP 500 index tracking stock or the S&P 500
>commodity futures contract. Data2 = Advancing issues of the Nyse.}
>
>if time>830 and time <=1500 then begin
>
>Inputs: RL(7), BZ(3), SZ(1),Factor(3), Length(20);
>
>If RateOfChange(Close Data2, RL) > BZ Then Buy;
>If RateOfChange(Close Data2, RL) < SZ Then Sell;
>
>end;
>
>{end of code}
>
>*********************************************************************************
>*********************************************************************************
>
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> Sun, 21 Oct 2001 10:42:59 -0500
>Date: Sun, 21 Oct 2001 10:51:18 -0500
>From: Mark Brown <markbrown@xxxxxxxxxxxxx>
>X-Mailer: The Bat! (v1.53d) Personal
>Reply-To: Mark Brown <markbrown@xxxxxxxxxxxxx>
>Organization: http://www.markbrown.com
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>Message-ID: <6868073644.20011021105118@xxxxxxxxxxxxx>
>To: whitehot@xxxxxxxxxx
>Subject: Re: Oddball
>In-Reply-To: <3BD2A394.6737.3F22442@xxxxxxxxx>
>References: <3BD2A394.6737.3F22442@xxxxxxxxx>
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>
>Hello whitehot,
>
>win> I'm quite impressed with the simplicity and performance of the
>win> oddball S&P system.
>
>i am too.
>
>win> What does your tradestation system report performance summary
>win> show for profit factor and other items ?
>
>
>win> Could you email me a .gif file screen shot ot text file of a
>win> summary ?
>
>though ts is a poor platform for this i have attached it.
>
>win> I'm curious if anybody has ever worked on placing additional
>win> "filters" on the oddball system to obtain even better results ?
>
>of course. the performance can be improved in certain personality
>stages. however can the longevity be improved upon? no i think not.
>
>do i personally have better? yes. not to be arrogant, but i have
>much better. the good thing is that you too can work upon improving
>it, it can be improved. "IF" you are careful to look for longevity
>and not focus exclusively upon profits. am i vague? yes i intend to
>be.
>
>win> What ever prompted you to be so generous to reveal this system to
>win> the public ? Or is the strategy "power in numbers"; i.e., the more
>win> traders placing oddball trades in the same direction the more
>win> horsepower you have to influence direction (that would only seem
>win> to influence scalp trading) ?
>
>i am not so generous, the publicity does me good in other business
>areas of course. i try and not take too much advantage of that, i
>just intend to give scamming vendors something to worry about. a
>bench mark, why buy this when i can have this for free. can what you
>sell me work as well as this? well they may say it does in order to
>sell it. but time will tell the truth if it can perform as claimed.
>
>i intend to release progressively better and better systems one after
>the other. i have a book underway and some more magazine articles are
>scheduled as well as my courses. i am thinking of opening a trading
>school if i can find some broker associates to cooperate with.
>
>Have a Great Day, Mark
>
>http://www.markbrown.com
>
>_MB_SP07_D SP60 min 05/14/1998 - 06/28/2001
>
> Performance Summary: All Trades
>
>Total net profit $ 816525.00 Open position P/L $ 4050.00
>Gross profit $1513425.00 Gross loss $-696900.00
>
>Total # of trades 631 Percent profitable 57%
>Number winning trades 362 Number losing trades 269
>
>Largest winning trade $ 26000.00 Largest losing trade $ -11125.00
>Average winning trade $ 4180.73 Average losing trade $ -2590.71
>Ratio avg win/avg loss 1.61 Avg trade(win & loss) $ 1294.02
>
>Max consec. winners 11 Max consec. losers 6
>Avg # bars in winners 10 Avg # bars in losers 7
>
>Max intraday drawdown $ -38825.00
>Profit factor 2.17 Max # contracts held 1
>Account size required $ 38825.00 Return on account 2103%
>
>
> Performance Summary: Long Trades
>
>Total net profit $ 398975.00 Open position P/L $ 0.00
>Gross profit $ 767275.00 Gross loss $-368300.00
>
>Total # of trades 316 Percent profitable 59%
>Number winning trades 188 Number losing trades 128
>
>Largest winning trade $ 20000.00 Largest losing trade $ -11125.00
>Average winning trade $ 4081.25 Average losing trade $ -2877.34
>Ratio avg win/avg loss 1.42 Avg trade(win & loss) $ 1262.58
>
>Max consec. winners 14 Max consec. losers 5
>Avg # bars in winners 10 Avg # bars in losers 7
>
>Max intraday drawdown $ -35025.00
>Profit factor 2.08 Max # contracts held 1
>Account size required $ 35025.00 Return on account 1139%
>
>
> Performance Summary: Short Trades
>
>Total net profit $ 417550.00 Open position P/L $ 4050.00
>Gross profit $ 746150.00 Gross loss $-328600.00
>
>Total # of trades 315 Percent profitable 55%
>Number winning trades 174 Number losing trades 141
>
>Largest winning trade $ 26000.00 Largest losing trade $ -9375.00
>Average winning trade $ 4288.22 Average losing trade $ -2330.50
>Ratio avg win/avg loss 1.84 Avg trade(win & loss) $ 1325.56
>
>Max consec. winners 9 Max consec. losers 6
>Avg # bars in winners 10 Avg # bars in losers 7
>
>Max intraday drawdown $ -25175.00
>Profit factor 2.27 Max # contracts held 1
>Account size required $ 25175.00 Return on account 1659%
>
>
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