Rank: Advanced Member
Groups: Registered, Registered Users Joined: 6/5/2005(UTC) Posts: 35
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CInSoCal,
Well,
I have to say, you seem to be slightly confused about what we have here. First, we are on very good terms with John Ehlers and Metastock. Ehlers approves of our work, and supporst our efforts. We currently have a relationship with Metastock, and we are working on making some of our products offical Metastock Add-Ons, but we have an understanding that we can market and sell them in the mean time.
As far as testing, we have PAINSTAKINGLY tested, bar-by-bar, EVERY SINGLE INDICATOR. I challenge anyone out there to find an error in them. With the ADSI indicators, we have some internal means of testing the indicators and comparing them to Ehlers' work...and I can tell you with confidence that they match EXACTLY what is programmed in EasyLanguage in John's books. In fact, while programming our indicators, we noticed an error in John's calculations in his book, and have pointed that error out to him. Mike (the other member of the DML) personally edited John's last book, and I guess that one slipped by him. As for Ehlers personally confirming that our work is really his work, well, I just don't think that he would or could confirm this to the level that we already have. Long story short, the indicators are correct. period.
We offer a free trial download of them if anyone wants to do more testing...
Also, since we last spoke, we have done lots of backtesting, and have been working closely with some very serious traders that are already using our indicators and our soon-to-be-offered systems to make money...
You offered to give us the names of some folks to help us do some backtesting, but you never got back to us....we are still open to that suggestion, but we feel that we have accomplished that on our own. You might have assumed that since you did not put us in touch with these people, that the work was not done, which was a false assumption. Backtesting a simple one or two indicator system is really very easy. We did this, and were pleased with the results. We think you will be too.
That is the indicators.
As for the sytems that come with ADSI, we have proof that they give good trading results. We are currently using the TradeSim platform and other mathmatical analysis to generate these results, as we don't believe the Metastock System Tester does a thorough enough job of showing expected results...
We initially had reservations about offering a system, because this type of product often attracts those people out there that just can't think for themselves. This is not the type of trader that we are looking to attract. We still recommend that you adapt our expert advisors, explorations, and systems to fit your trading style, market(s) and time frame. We will be more than happy to help you do this through our forum. There will also be instructions and documentation that comes with the ADSI purchase that will help you to use our tools wisely.
I would recommend that anyone wanting more information or detail on system development visit our forum and ask questions. <Brad's edit, system post has been removed> We have always encouraged open discussion of our tools and their use.
All that being said, you SHOULD (no guarentees) be able to take the tools that come with ADSI and make money right out of the box.
I understand your concern, and if you don't recommend our products, that's OK too.
Sorry to hear such negative feedback. I hope we can get this sorted out for the sake of the Metastock users. My intention was not to deceive anyone.
Thanks,
Brad Ulrich
The Dynamic Market Lab, LLC
www.thedml.com
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