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Profitunity - Expert Advisor - Explanatory notes - Profitunity - Expert Advisor - Explanatory notes
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Sam7768  
#1 Posted : Sunday, December 23, 2007 10:35:20 PM(UTC)
Sam7768

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Joined: 10/25/2005(UTC)
Posts: 30

Hello Friends,

Can any one tell me how to interpret Profitunity's symbols (up1,down1, up2,down2 etc..) in expert advisor?

I tried to reach Profitunity guys, but I beleive I need to enroll into their course (some $ 3 K or so) to understand it.

In the first place, why Metastock do not have the explanatory notes on the indicators/expert advisors that they have added into their software.

Can anyone throw some light on how to intepret the above symbols? or some kind of manual I can get hold of?

Thanks a ton.
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pumrysh  
#2 Posted : Monday, December 24, 2007 3:25:50 AM(UTC)
pumrysh

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It is explained in the book by Bill Williams.

Preston
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Sam7768  
#3 Posted : Monday, December 24, 2007 7:13:35 AM(UTC)
Sam7768

Rank:: Advanced Member

Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30

Ok. I would like to withdraw this post, but the system did not allow me to do. So I am posting this.

Looks like the expert symbols are dynamic and not firm.

1) like delayed apprearance (the expert appears after few bars)

2) And those appreared also can vanish based on furher price movement.

No good for my style of trading.
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uasish  
#4 Posted : Monday, December 24, 2007 10:57:39 PM(UTC)
uasish

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Posts: 170

Thanks: 7 times

Sam7768,

I have no idea regarding the codes of that expert but your observation suggests that it is using some Hindsight functions.Kindly avoid all hind sight based codes if not understood or handeled properly these hind sight based codes can give trecherous results on your equity curve.

Asish
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Sam7768  
#5 Posted : Tuesday, December 25, 2007 10:09:25 AM(UTC)
Sam7768

Rank:: Advanced Member

Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30

I agree Asish.

The codes looks good if applied on history. they fit perfectly at tops and bottoms. But when I apply on live charts, I see that dynamicness [:S]

Sam
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