SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TREND1 who wrote (25697)12/7/2001 10:32:52 AM
From: TechTrader42  Read Replies (1) of 52237
 
"Metastock has ability to test any candle formation."

This is true, if you write accurate custom formulas for the candlestick patterns. But if you use the canned Metastock functions, the system test results won't be good, because the canned functions don't accurately code the candlestick formations. Of course, there are many differing viewpoints on the definitions, and coding them isn't always easy.

Some users run a few system tests on candlesticks with the Metastock functions and dismiss their usefulness. They may have succeeded in dismissing the usefulness of the canned functions, but that's about it.

I've seen some very effective systems based on custom formulations of candlestick patterns.

Oh, and my regards to Hal, incidentally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News