Does anyone on here use expectancy to track system performance? I have been using my trading system since the first of the year and expectancy is 1.9% after 33...
Yes, but Expectancy is not a percentage So we start to see a pattern develop where the lower the difference between a system's average winning trade and...
Kermit, Thank you for your reply. The SFO article you cite was what prompted my question in the first place. Great magazine isn't it! ... I think it is all...
Chandru; ... Sorry, but my crystal ball is broken AND I'm not psychic. PLEASE define MOBO bands! Note: if MOBO is a trademarked / copyrighted pattern or...
To answer that you need to purchase David Elliott's CD on MOBO @ www.wallstreetteachers.com But the short answer is they aren't different. Its all in how you...
There are 2 parameters to track the effectiveness of a trading system: 1) Expectancy 2) Opportunity Rate; i.e. - the number of times you can do the trade on...
Mobo is 10,8 bollinger band. It serves the purpose of looking for momentum breakouts with respect to the recent volatility of the stock. Just learn price...
Steve, excellent posting. You are correct opportunity plays a big part in the bottom line. Exactly why, a trading system with low opportunities needs a higher...
From the posts in TC2005 I note that several of you use the CCI line to assist in decision making. How do I incorporate a CCI in Telechart? I've checked the...
Kermit, the formula you state below is also correct. It is just a different form. You can break the formula that I use and ultimately get to the formula below....
Jack; ... The Commodity Channel Index (CCI) PCFs are found in the Files Section http://finance.groups.yahoo.com/group/telechrt2005Users/files/ Open the PCFs...
Expectancy is highly dependent on your execution effectiveness It was my understanding that is all expectancy is a measure of the effectiveness of your trading...
What do you recommend as the best way to play breakouts and breakdowns? ____________________________________________________ Start your day with Yahoo! - make...
8/6/05 Please refer to Sir Support's strategy as listed above and check out the 3rd paragraph starting with Prive > 6............ I tried to formulate an...
Don't besurprised if you can't reproduce what you read in the worden reports. Many of them lack enough information to reproduce. BTW, The reports are never...
Could you please kindly provide me with the formulas that you used for that scan. I'm also experiencing difficulties with it. Thanks in advance. Leon ... ...
Leon, I wrote to Worden's and they said they would forward my letter to Sir Support for him to answer me directly. I have done the same a few times before and...
FYI ... of the ten W Reports I have had published, W has forwarded maybe 20 emails from users to me ... all of which I have responded to. Just so you know,...
HI, I'm new to Telechart and really don't understand all of it's bells & whistles. Could someone help me with a formula that would tell me when a WEEKLY price...
mk; ... Please be specific! Is the 10-bar moving average Simple? or Exponential? Is the 10-bar moving average on a daily chart? or a weekly chart? Is the...
David; ... Are you referring to the pre-programmed formula: Price as Percent of 52-week high? (100*C/MAXH250) From the TeleChart Help Topics Index, ....
Mike; ... Usually within a day depending on the amount of traffic at the Yahoo websites and the time that a message is sent to the group - between midnight and...
Paul; ... It is a pitiful attempt to pre-qualify stocks! AND it is intended for those with a long term timeframe. . Price > 6 (this can be modified to your...
Depends on how well you ask it? Provide plenty of information and EJR is all over it. DO a half-a-- job and you get questions asking what you want. EJR spends...
Paul; ... What is a moving average stack? In the case of the 08/05/05 Worden report, the moving average stack in proper order is: . C is above AVGC20 . AVGC20...