Replies to post #142 on Advanced Automatic Investor

[MechanicalMethod]

Speaking of empirical testing <g> ... I wonder if anyone will plot the data points I suggested in Excel along with average(n,14)? I'm betting the phase shift will put the poles on the sine wave 180 degrees out of phase with the data. But it's just theory so there's a good chance I'm off by a bit... ya know I hate to do empircal testing just like everyone else <G> ...but I suspect that combo buys the top tick and sells the bottom tick! ...EVERY TIME!

Have a good weekend all!

[MechanicalMethod]

Cycle length determines everything. Average(14) takes 10 points profit out of the larger waves but breaks even on the smaller ones. The ratio of cycle length to phase shift is responsible for the difference.

[Conrad]

Hello Irwin, You brought us this information:

46 Listening to the markets, note by note
By Bruce Dixon. Evaluating the market one bar at a time, through inter-bar relationships, can uncover a whole chorus of possibilities.

Now, this is interesting! I understand that first Bruce Dixon takes you to one bar, discusses the market, and then he takes you to another bar and so on, until he has visited all the bars he can find on this interbar network. Nice job this guy has! Who pay for the drinks?

52 Building a better MACD indicator
By Gunter Meissner, Albin Alex and Kai Nolte. How did an indicator with a less-than-stellar success rate become so popular? Because you can manipulate MACD to be much more reliable. See how some little tweaks make all the difference.

Well, this does not say too much. How do you get to read the rest?

From what you say, and from what I said about self-fulfilling prophecy,

http://www.investorshub.com/boards/read_msg.asp?message_id=401585

all we have to do now is to change the tech analysis principles to the current way people trade, and the market will, once more, be predictable.

Conrad