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Clyde,
what is the origin and meaning of the green line plotted
by your Price Distr indicator?
Jan Philipp
----- Original Message -----
From: "Clyde Lee(SBCY)" <clydelee@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, March 10, 2003 3:07 PM
Subject: [RT] System Trading Using Price Distribution
> BobR has been showing you some interesting pictures of how to
> use Price Distribution for selecting points at which to trade and
> the direction of trading.
>
> Using the same indicator he has been showing I constructed a very
> simple trading system.
>
> There are many ways to trade using PD but here the rules are the
> same in every case though we varied the period of each analysis,
> the percentage of total price counts to establish the support and
> resistance points and the number of dollars to use to take profit.
>
> NONE of the pictures shown are the best optimization that could
> be performed. These pictures represent simple analysis of
> parameters.
>
> Some results are very good and some are not so good. Analyses
> from 45 minutes, 81 minutes, 135 minutes and the entire day
> was used.
>
> What I'm trying to show here is that Price Distribution, taken in
> a very hardnosed fashion, can provide a profitable approach to
> the market.
>
>
> Clyde
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> 7910 Westglen, Suite 105 Office: (713) 783-9540
> Houston, TX 77063 Fax: (713) 783-1092
> Details at: www.theswingmachine.com
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