Rank: Newbie
Groups: Registered, Registered Users, Unverified Users Joined: 8/2/2006(UTC) Posts: 4
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Back-testing sucks. It never tells you the whole thing. It just runs "tests" on historical data and comeback to bite you in unmentionables.... but I agree with you on RMO totally.
RMO is a great indicator. But only as great as Appel's Triple Momentum or Tripple Smoothed ROC (where you buy/sell on "4" corssovers as compared to 0 crossover in RMO.
I'm sure the guy who designed Metastock 10 marketing strategy and "invented" the "taking by storm" line, must have already been fired!
Peace
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 5/13/2005(UTC) Posts: 715 Location: Midwest, USA
Was thanked: 1 time(s) in 1 post(s)
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How does that Triple ROC work?
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