JACK HERSHEY METHOD EXPOSED AS FRAUD! *Debated*

Discussion in 'Automated Trading' started by bwolinsky, Dec 13, 2008.

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  1. As a legacy user from back in the version 2 days I was allowed to upgrade. First to 3, now to 4.0. I DON'T HAVE TO USE FIDO! Sorry for yelling, but geez...


    As mando said data is data. It does not matter where it comes from, except maybe splits and divs are handled differently. For these tests over the last couple months that doesn't matter.. I'd bet my Esignal 15 minute bar data was very close to Fido's.

    You posted some SSO trades and test (which would not verify either), but you did not post the data that you tested from.
     
    #321     Dec 18, 2008
  2. It would be an improvement over our current mode of communication. You wouldn't be able to see all of the holes that I punch through your poorly thought-out coding processes, the redicule I heap on your using two or three months of data (particularely the last two or three months) to say that a system is viable or the way I expose the fact that you aren't even a trader ... your a system for profit coder who sales systems on Collectiv2 while pretending to actually know something about trading.

    Looking forward to it.
     
    #322     Dec 18, 2008
  3. #323     Dec 18, 2008
  4. Sorry, absolutely the source of the data makes a difference.

    Might I suggest to you sending an ASCII file with

    Open High Low Close Volume Date and/orTime and Symbol?

    It'll be up to you to figure out how to load it.
     
    #324     Dec 18, 2008
  5. #325     Dec 18, 2008
  6. You're kidding, right? How the hell do you think I'm using Esignal? Yeah, with ascii files.

    I don't need a file. I don't want to test with it. I can just look at a few days and see if it is the same. Just post like I did: Date, Time, Open, High, Low, Close, Volume. Make sure the days are ones that match your previous trades post.

    And give me the multiplier for the volume. Thanks
     
    #326     Dec 18, 2008
  7. I don't think we're on the same page, here. I'm going to post the ASCII file in that format. Then you're going to load it, and we'll see what you get.
     
    #327     Dec 18, 2008
  8. I was assuming only real Fidelity customers would use it. Anyway, when someone responds on wealth-lab.com about the program I'll post that link, too. I'm sure they'll have no problem with it.

    Copy paste, GO!
     
    #328     Dec 18, 2008
  9. Look... if this is a good system it shouldn't matter where the data comes from and it should be profitable on stocks too... so how about testing it on a bunch of them?

    About the 20000 volume condition... as I said before this only shows the "system" has been optimized to a specific market at a specific time. If it can't be made adaptable (something like x% of a y period moving average of V) then it's worthless.

    It's more likely that Hershey's a magic Christmas elf who disco dances than this is a good system.
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2228011>
     
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    #329     Dec 18, 2008
  10. LOL.

    Anyway, come on, T, these conditions have been on the threads for years, both for the MACD, Stoch and anything else including the volume conditions. I find it unlikely that is pure chance the backtest comes back like this.


    <b>NO, It's an elf that spits tobacco while doing the disco in front of the white house on Christmas morning</b>
     
    #330     Dec 18, 2008
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