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John,
After Brian showed us his new indicator, the Bell Warning Line, and
overlayed it next to Perry Kaufman's adaptive moving average, I asked him to
toss a 21 day simple average in the mix. Guess what? In my opinion, the 21
day simple average tracked the market better than the other two (at least in
the examples he showed). Bottomline: The BWL is like all lagging
indicators, it lags price action. Brian doesn't use it to trigger trades.
He kind of uses it to exit positions, BUT, now always, only sometimes,
because there might be other technical issues and ... if, when, maybe,
kinda shoulda, woulda...
I sat at a table with a bunch of double-degreed engineers who are hardcore
mechanical system traders. Let's just say that none of us "moved to a
higher trading level" or were moved. The drinks at the University Club were
very strong and they served before, during and after the presentation.
Take care,
Steve
----- Original Message -----
From: John O. Romero <jromero@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 24, 2002 8:14 PM
Subject: Re: [RT] Brian Bell....ring a bell?
> Steve,
>
> I would be interested what he had to say , either on the list or
privately
> if others aren't interested,. I have looked at his site and spoke to him
> once on the phone to ask about his
> indicators. http://www.customtradingsolutions.com/ In particular his
> TPO - Turning point osc. It and the Jurik RSX are supposed to be similar,
> with each turning a little faster depending on the market conditions. As
> it turns out I could not get the TPO as it is only avail for CQG and TS
and
> I use NeoTicker. Most of Juriks stuff is available as a generic DLL.
>
> John
>
>
>
> At 4/24/2002 03:10 PM, you wrote:
> >List,
> >
> >Tonight, I am attending my monthly MTA meeting (in Denver). The speaker
> >is Brian Bell and the topic is: Adaptive indicators:Old and New Tools for
> >Trading.
> >
> >The invitation stated:
> >
> >"Brian Bell will explain what makes an indicator "adaptive", and will
> >describe some well-known adaptive moving
> >To unsubscribe from this group, send an email to:
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> >
> >
> >
> >Your use of Yahoo! Groups is subject to the
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>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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