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A conundrum, then...
I think the animation is a bit misleading. I think it was done for
effect, not necessarily to show 'proper' trades. I assumed it was using
price projection (rather than bands) but I could be wrong. Was hoping
the collective might of the assembled could shed some light.
Ian
> Ian:
>
> >Anyone any ideas...?
>
> I was hoping somebody would answer.
>
> I have no idea. When I first looked at it, it looked a lot like a
> system I once created that made a measurement of market noise and from
> that created bands above and below the bars.
>
> Looking at the charts, I can't see how it's profitable following the
> rules. The rules say, sell the next open if current bar touches
> the inner high band, and exit when it touches the upper high band.
> Looks like most of those would be losers, to me, unless I'm missing
> something.
>
> -Alex
>
> >> Has anyone looked at the system in this link:
> >>
> >> http://www.newmarketsoftware.com/spotlight.htm
> >>
> >> It has a very impressive track record - but then, what system
> >> promoted on the web doesn't? - but I've been trying to work out
> > what >it does. The link takes you to a little animated
> > demonstration.
> >>
> >> At first, I thought it looked a bit like Drummond's PLDot and then
> > I >thought it's using projections so I experimented a bit with MAs
> > and >Least Squares MAs but couldn't quite put together anything
> > that seems >to work.
> >>
> >> Can anyone tie it down a bit more accurately?
> >>
> >> Ian
>
>
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