|
PureBytes Links
Trading Reference Links
|
<x-html><!doctype html public "-//w3c//dtd html 4.0 transitional//en">
<html>
<body bgcolor="#FFFFFF">
Displacing them forward just accentuates the error. Ira.
<p>charles meyer wrote:
<blockquote TYPE=CITE> <font color="#000000"><font size=-1>Ira:</font></font>
<font size=-1>Aren't we discussing two different concepts on DMA's?
To wit that Hursttalks about shifting them back 1/2 cycle whereas Earl
is referencing theidea of displacing them forward? Maybe I'm just
confused.</font> <font size=-1>Chas</font>
<blockquote
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><b><font face="Arial"><font size=-1>-----Original
Message-----</font></font></b>
<br><font face="Arial"><font size=-1><b>From: </b>Ira <ist@xxxxxx></font></font>
<br><font face="Arial"><font size=-1><b>To: </b>RealTraders Discussion
Group <realtraders@xxxxxxxxxxxxxx></font></font>
<br><font face="Arial"><font size=-1><b>Date: </b>Tuesday, April 13, 1999
10:25 AM</font></font>
<br><font face="Arial"><font size=-1><b>Subject: </b>Re: moving average</font></font>
<br> Hurst's book on time cycles uses displaced moving averages and
proves that they work. He also uses them to project price movement.
That also works. There are certain flaws, but I will let you find
those for yourselves. Ira.
<p>Earl Adamy wrote:
<blockquote TYPE = CITE> <font color="#000000"><font size=-1>Don't
want to throw cold water on your parade, but have you developed evidence
that displaced moving averages work? Your mileage may vary, but my own
back testing of a variety of lengths and displacements indicated to me
that they provide no objective contribution. Like you, I've read and used
DiNapoli's techniques and know he uses DMA's, however I have never been
able to find any published material which indicate DMA's provide a statistically
valid trading advantage. Robert Krause does employ a stair-stepped 3 day
DMA of highs and lows for stop and reversal which (like DiNapoli's DMA's)
look good on charts, however I've never backtested the concept and most
of the available software is unable to produce a stair-stepped value without
extensive custom programming. Personally, I would suggest that examination
of the pattern of the pivots and bars can provide more useful information
than a DMA.</font></font> <font size=-1>Earl</font>
<blockquote
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><b><font face="Arial"><font size=-1>-----Original
Message-----</font></font></b>
<br><font face="Arial"><font size=-1><b>From: </b>Linda Swope <lswope@xxxxxxxxxxx></font></font>
<br><font face="Arial"><font size=-1><b>To: </b>RealTraders Discussion
Group <realtraders@xxxxxxxxxxxxxx></font></font>
<br><font face="Arial"><font size=-1><b>Date: </b>Monday, April 12, 1999
9:26 PM</font></font>
<br><font face="Arial"><font size=-1><b>Subject: </b>Gen: moving average</font></font>
<br> Perhaps my thinking is flawed and I'm counting on you all to
tell me if it is. I'm fond of displaced moving averages. It
makes sense to me that if using the average as an entry signal for a long
position, that one would use an average of the highs as opposed to the
commonly used close. If one is waiting for a breakout or proof of a trend,
then stock price breaking above the average of highs seems a better indication
than breaking above the average of closes. Conversely, an average
of lows would be used for a short signal. Comments? Thanks,Linda
linda@xxxxxxxxxxxxxx
<br>Climb the mountains & get their glad tidings: Peace will flow into
you as sunshine into flower; the winds will blow their freshness into you
& storms their energy, & cares will drop off you like autumn leaves.
John Muir 1838 - 1914</blockquote>
</blockquote>
</blockquote>
</blockquote>
</body>
</html>
</x-html>From ???@??? Tue Apr 13 10:22:21 1999
Received: from list.listserver.com (198.68.191.15)
by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 4565
for <neal@xxxxxxxxxxxxx>; Tue, 13 Apr 1999 13:09:21 -0400 (EDT)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id KAA21873;
Tue, 13 Apr 1999 10:08:29 -0700 (PDT)
Received: from imo19.mx.aol.com (imo19.mx.aol.com [198.81.17.9])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id KAA21655
for <realtraders@xxxxxxxxxxxxxx>; Tue, 13 Apr 1999 10:06:48 -0700 (PDT)
Received: from BOTTrader@xxxxxxx
by imo19.mx.aol.com (IMOv20.9) id qNOAa16609;
Tue, 13 Apr 1999 13:04:37 -0400 (EDT)
Message-Id: <9d00724a.2444d325@xxxxxxx>
Date: Tue, 13 Apr 1999 13:04:37 EDT
Reply-To: BOTTrader@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: BOTTrader@xxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Chicago Area Advanced GET Users Group
MIME-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Transfer-Encoding: 7bit
X-To: ist@xxxxxx, realtraders@xxxxxxxxxxxxxx
X-Mailer: AOL 3.0 for Windows 95 sub 76
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 9ba179970f84fabbb5e7309e2fd45216.1c
IF you are: 1) A chicago area resident AND 2) A current user of Advanced
GET (end-of-day and/or realtime) and would like information regarding our
GET users groups in chicago, please e-mail me personally. Our meetings are
held on 1st (north burbs) and 2nd (south burbs) saturdays of each month.
|