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JLS

Followers 62
Posts 7863
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Alias Born 12/14/2004

JLS

Re: TREND1 post# 79

Wednesday, 09/23/2009 12:51:03 PM

Wednesday, September 23, 2009 12:51:03 PM

Post# of 148
TREND1,

you wrote "Warning IHUB may delete your post.(Add for HURST)".

Question: why doesn't iHub delete posts made by people (usually iHub moderators) who reference (advertise) paid services on their own sites? Examples would be blasher and pokersam.

Regarding Hurst and that PDF ... excerpt from PDF ...

"However, since the averages are shifted to the left, there is no indicator value on the right edge of the chart. You have to imagine a projection of the bands to the right, as Hurst did in his book using hand-drawn lines.

How did we automate the process? By projecting the envelope into the future through a careful application of regression analysis, we were able to produce a completed envelope at the right edge.

The best place to enter a new long position is when a Major Cycle Low lines up with a Minor Cycle Low. To time the entry, we use a Valid Trend Line across highs. A Valid Trend Line break generates the actual signal. These trend lines have been specially designed to generate the best possible entries.

All of this work led to the creation of what we believe to be the first Hurst System implementation available to traders. Hurst Cycle Trader does not generate a lot of signals, but those it DOES generate tend to be very accurate.
"

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