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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Rob Kipp who wrote (1214)5/26/1997 8:38:00 AM
From: Clueless   of 3325
 
Rob -

I apologize for posting that formula. I hope you have not spent much time with it. It is never going to work in the real world. The reason I did post it is to show the maximum POTENTIAL for a testing system. If you run it against INTC or CSCO you'll see profits in the millions.

Being new to TA I made the ref() syntax error of using 1 rather then -1. After testing the system for an hour or so on multiple stocks I was ready to call my boss and say good-bye.

The system is bogus and other then having the thrill of seeing what it would be like to have insider information it's worthless.

Sorry -
Mark Peterson
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