You might want to check out Jurik Research's DMI equivalent called DMX. Much smoother (so fewer false signals) very little lag. The attachment is a .gif image from their web site. The entire link with text is here... http://www.jurikres.com/catalog/ms_dmx.htm#top Good luck
I just keep it set to 13,5. Changing the settings does make much less difference with this indicator than with others.
Hi Ditch, As I know Blau's ECO is based on double exponential filtering and two timeconstants are involved. Do you keep both set at 13.5? I have been experimenting with ranges 25/13 down to 11/4. For the signal line I used 5. Be good, nononsense
-------------------------------------------------------------------------------- Quote from ElectricSavant: ..... So I would be interested to discover your complicated, exhaustive backtest results....Your code must have been long....as the alternatives within the system are many.... -------------------------------------------------------------------------------- Michael, you are right, the alternatives within the system are many. Find please in the attachment one of them calculated for ES (ADX,+DMI,-DMI system).
//-------------------------------------------------------------------------------- Quote from ElectricSavant: ..... I must ask....what is this? (multidimensional adaptive recognition). //-------------------------------------------------------------------------------- Michael, please take a look e.g. here: http://citeseer.nj.nec.com/burges98tutorial.html Sorry, not ease to explain. Best regards, vlad
Nice upward sloping equity curve....but jagged..... I am not sure I am reading this right? Michael B.
vlady.....I am way over my head....do not understand what I am looking at...thanks for the reply.... Michael B.