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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: CynicalTruth who wrote (747)4/20/1997 8:20:00 PM
From: SteelBlueIce   of 3325
 
John,

I guess what you find amussing is that my name appears there. Jerry ADX is probably the last system I really put any amount of time into. I worked on that for days with Matt Bowen, not sure you know him.

Anyway, I worked literally a hundred hours on that thing. It's a great idea but it never tested well, especially when you tried to tweak it. I would fix one thing and that would break another. Either I got 10 bad signals or 1 every leap year.

I just told Matt that I understood the concept, I would scan my database and then eyeball the rest. I've used this system succesfully many times but it's performance on the test does not demonstrate this.

A good system needs an uptrend, cut out the middle man and just find the uptrend!!!

Regards,
Jerry

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