JACK HERSHEY METHOD EXPOSED AS FRAUD! *Debated*

No, he might have more data to work with, which is the only flaw for this backtest. I'm interested to see if DD doesn't increase substantially.

 

Or did you ever consider he is an incompetent programmer? That possibility certainly exists.

 

It's Beau, not Benj, and, yes, there's only a handful of people I know that can backtest like this.

 

I would disagree, because we never had the conditions until ScottD posted his version that appears to have been pulled out of his ass from thin air.

 

I'm still neutral, but that's a tick to the left of hater.

 

Take my code and re-program it in other languages. You also have scottd's easylanguage version to test as well, but he might have some coding problems in his use of MACD and Stochastic indicators.

 

Insufficient data....sort of like, insufficient funds.

 

All this solving of the J Hershey mystery is rather disheartening. I so wanted this myth of 3x the daily range to stay forever. Call me twisted but I enjoy watching noobs get ensnared in scams (if his method is truly one, who knows now with your backtests). But I also like to see clever and witty noobs make it out the other end successful. As long as that number is small.

 

We don't know. It does show potential, but I need a good 2 more years of data, and I've even requested someone send me an ASCII or .CSV file with 15 minute bars of Open High Low Close Volume Time Date Symbol on ES. then we'll know. There's TS programs that would have this, which, of course, is assuming people with the data want to see what WL shows.

 

Need to see more data, and, as I said, his screeners which only give buy order because they are your watchlist do peek, and was why they were flagged.