Rank: Newbie
Groups: Registered, Registered Users
Joined: 4/8/2007(UTC)
Posts: 3
|
Hello,
I am very new to Metastock language. Can anyone here tell me exactly what this system is about? It appears to have tremendous results when back tested ( too good ). I am totally confident that it is simply going back and picking the tops and bottoms based on hind sight ( I guess it is called " curve fitting " ). Is this a legitimate trading system? Or is it just hind sight ? Thanks for your help.
Ralph Powell
Buy Long:
TroughBars(1,MACD(),29)=1
Sell Short:
PeakBars(1,MACD(),29)=1
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
|
This is hindsight at work, Ralph.
Read about the Peak()/Through()/Zig() functions in MetaStock Help, and it will become clearer.
jose '-)
|
|
|
|
|
|
Rank: Newbie
Groups: Registered, Registered Users
Joined: 4/8/2007(UTC)
Posts: 3
|
|
|
|
|
|
|
| Users browsing this topic |
|
Guest (Hidden)
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
