Replies to post #2911 on MDA - Market Direction Analysis (MDA)

[LG]

augieboo: I don't think my system would work if many of the components did not work far more often than not. The point I keep trying to make, is do not get hung up on one or two signals you think can not fail. They all fail.

The secret is to find and use a combination of components in your strategy, method, system or what ever you want to call it, so that more often that not the components will clue you as to when your method may be failing. If you can achieve this, it will greatly improve your overall performance.

Regards,
LG

[MechanicalMethod]

Yeah I agree that's what I'm saying. But more so ;) I have to get that word absolute into the conversation to be sure I'm agreeing to what I truely believe. And that is absolutes exist for me. Sometimes it's a real bitch because I can't make something work unless I fudge the results or look the other way and I'm unwilling to do that. I have to know exactly how the process proceeds and know without a doubt that there isn't anything in the process I'm not aware of that's influencing the results.

There's obvious things I miss and don't understand but my only concern is that the parts I do understand are doing exactly what I've programmed them to do. Otherwise I have a bug and that's a random element that I can't count on to continue producing the same results. Even though it's consistent and would always give the same results over the same data it likely would be entirely unpredictable on unseen data because the nature of the bug usually doesn't have anything to do with a price characteristic that I'm expecting to continue to repeat. In other words if a bug causes the strategy to give outstanding results it usually can't be counted on to continue.