SUTHERLAND
13th November 2006, 12:42 PM
Jose,
I have been testing tons of different entries into the market by entering the day after the signal and then exiting 20 days later. To find anything over a 60% accuracy rate is difficult, to say the least. I have however found the following entries that prove too good to be true:
1. LinRegSlope Divergence
Buy long:divergence(C,LinRegSlope(C,2),0.01)=-1
2.MACD Indicator Peaks at Tops & Bottoms
BUY:TroughBars(1,MACD(),29)=1
3.Ultimate signal
Buy:TroughBars(1,L,3)=1
Are these all flawed because of their link to the zig zag indicator? Your help is greatly appreciated.
PJ
I have been testing tons of different entries into the market by entering the day after the signal and then exiting 20 days later. To find anything over a 60% accuracy rate is difficult, to say the least. I have however found the following entries that prove too good to be true:
1. LinRegSlope Divergence
Buy long:divergence(C,LinRegSlope(C,2),0.01)=-1
2.MACD Indicator Peaks at Tops & Bottoms
BUY:TroughBars(1,MACD(),29)=1
3.Ultimate signal
Buy:TroughBars(1,L,3)=1
Are these all flawed because of their link to the zig zag indicator? Your help is greatly appreciated.
PJ