Designing and Building a Profitable Automated Trading System

Since I never see this 'chop' to which you refer, I cannot understand why anyone would need to work to eliminate that which does not exist.

Mendelbrot (the mathematician) got it right - it turns out. Unfortunately, few have the ability to set ego aside and learn something beneficial.

- Spydertrader

 

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Refer back to the Hershey chart areas in yellow called suppression in this thread.

 

The yellow area to which you refer represents the completion of an up trend (traverse), which began the previous day, and the initiation and completion of a down trend (also a traverse). As I indicated previously, where you see 'chop' the market shows trend - two different trends in fact.

The area to which you refer also represents a period of depressed Volume (DU / VDU). Perhaps, the 'supression' seeks to avoid obtaining data inputs during such periods (not a Price based input), rather than, as you have chosen to interpret things, during periods of chop (Price based input).

I cannot speak to the intent of the designers and coders of this system, however, simple logic shows your conclusions only representing one of many possible cases.

- Spydertrader

 

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This thread will die and the ATS will achieve an epic fail for lack of coding the "suppression" of signal input during a flat and entwined MACD as hershey terms it.

 

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Discretionary bullshit then, as all have suspected.

 

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It's very simple:

<i>No way to code it means there is no system</i>, and we conclude the Hershey method is a fraud.

 

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On this you're FOS. You could code it were it not for the fact that there is no mechanical way of describing it, therefore there's no system, save for the one that I built.

 

Dude, you sell insurance for a living, and run a subscription service on Collective2 for some added income on the side. Stick to what you know, rather than, attempting to convince the world you have even the slightest clue about any of this. Your failure is yours alone. Your failure does not influence the rest of the world's ability to comprehend, code, or profit.

Plenty of ways exist by which one can mechanically describe the area under discussion. Your inability to think of even one doesn't prove they don't exist. Your inability to articulate them simply proves you aren't nearly as smart as you'd like the rest of the world to believe.

- Spydertrader

 

Not possible that you flat out got it wrong? Instead, it makes more sense to you that I, who has traded these methods for a living going on 5 years, (to use your words) "never understood the system."

The world needed you to ride in and decode Jack.

Laughable.

Check the mirror if it is arrogance you seek.

- Spydertrader

 

There are many posts about this system.

What is it long term profitability? I assume it is significant for so much discussion.