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Title: MetaStock : the best analysis method


hanhao - February 20, 2006 08:24 AM (GMT)
what do you think is the best TA method on metastock?

i feel that
Tactical Geometric Vector LT (safer, but less profit) - best for sideways,flat (statschp)
PS StarcBand System - rising up stocks

what about u guys?

here's singtel

MACD
user posted image
there are quite a lot of losses

Tactical Geometric Vector LT
user posted image

here's starband
user posted image

what u guys think?

Hc - February 20, 2006 09:21 AM (GMT)
QUOTE (hanhao @ Feb 20 2006, 04:24 PM)
what do you think is the best TA method on metastock?

Sound to me that you are looking for Holy Gail :).

Whatever system you choose, it has to be one that suit your risk appetite, trading time frame and market. You are the one who can gauge your situation better.

hanhao - February 20, 2006 09:26 AM (GMT)
QUOTE (Hc @ Feb 20 2006, 05:21 PM)
QUOTE (hanhao @ Feb 20 2006, 04:24 PM)
what do you think is the best TA method on metastock?

Sound to me that you are looking for Holy Gail :).

Whatever system you choose, it has to be one that suit your risk appetite, trading time frame and market. You are the one who can gauge your situation better.

yup
but ultimtely, there 1 thing that everyone wants : capital gains, profit on all trades

what i do is to use the System tester on metastock to figure out which system is best for which kinda of stock

- bull stocks (smooth increase)
- bull stock (zigzag increase)
- bear stocks (smooth decrease)
- bear stock (zigzag decrease)
- sideways smooth
- side ways zig zap


so if FA tells me that this stock will be bull, i'll apply the bull method on it

from a technical point of view, that should work well!
what u tink?

Hc - February 20, 2006 09:58 AM (GMT)
hanhao:

First of all, I don't use much of Metastock system testing. And I don't quite like Metastock' system testing, you may wish to check out some comment (dated 2005-05-25) in the following thread:

http://s7.invisionfree.com/ChartistsUnited...dpost&p=1957656

QUOTE
what i do is to use the System tester on metastock to figure out which system is best for which kinda of stock


If you know these systems well enough (strength, weakness, risk profile, drawdown etc), and they suit you, and you can manage multiple systems concurrently without confusion, then good for you.

What I know is this method don't suit me. So I leave it to others to comment.

Your mileage may be different.

hanhao - February 22, 2006 03:17 AM (GMT)
HC, i realli want to see those images you posted at that thread, but it's be cut off with "user posted image"

can you fix it?

Hc - February 22, 2006 04:49 AM (GMT)
hanhao:

Images are fixed to what I can best recall.

hanhao - February 23, 2006 05:31 AM (GMT)
thnx for highlighting the flaws of the simlation
despite this, we can still quite accurately estimate the strengths and weaknesses of each system since the flaws are ran on both compared system

i find the Tactical Geometric Vector LT too good to be true! look at how accurately it predicts rise and fall of side ways zig zag stocks.
most blue chips work well on tactical geometric vector LT

MACD seems weak in comparision


as for PS StarcBand System, the indicator is tough to read. but the expert advisor component and the simulator plots show accurate breakout signals on stocks which have potential to breakout from 0.1 to 0.5 cents

if anyone wants MORE about system, feel free to PM me and we'll investigate it together :)

hanhao - February 23, 2006 05:41 AM (GMT)
here's the PS Starc on a rising stocks (expert advisor mode)
i am actually stunned by how accurately it predicts breakouts!

user posted image


user posted image


======================================================


here's plots with Tact vector (expert advisor), notice how bad they are on rising stocks
not to mention the broker fees that we gotta pay!

user posted image

user posted image

has the Holy Gail been found?

u guys might wanna give me more securities with these type of trends to plot out and we shall discuss

csk - February 23, 2006 08:02 AM (GMT)

The first thing one always look for is the holy grail. The one indicator that is
accurate or the one trading system that will make money. There are a lot of
indicators that can be accurate, just like there are a lot of trading system that
can make money.

If we turn the pages of books we are bound to see how accurate and useful
such and such an indicator is. Or we will see how many millions we can make
with such and such a a trading system.

Or if we turn the pages of The Straits Times, we will see how the seminars are
going to bring you onto the road of riches, how accurate their systems are,
how their graduates are making money when you are not because you did not
sign up for the seminars.

We see a lot of this everyday everywhere. Why? Because our minds have been
conditioned to look for ways to make money. There is a lot of greed in the
proccess. And greed blinds the eyes, the eyes blind the mind, the mind
believes the blind eyes and the mind becomes blind.

Like the old man tell the young child not to touch the colorful neon lights, the child
would just go ahead and touch it. To him the colorful neon light is happiness, is
joy, the old man doesn't know... that is, until he touches it and feel the pain and
the blister that would last for a week.

So it is like this that it is difficult for me to write something like this. I am sure
to make some readers very angry, I know. It has always been like this. You can
see their reaction in the posts they make afterwards. There is a usual pattern.
This is human nature. That's why now a day I try not to say anything no matter
how strongly I feel.

But I see a deep hole in the ground somewhere, I see someone sooner or later
is going to fall into that deep hole, so maybe for one more time I write this.
Maybe for one more thime I make people angry.

Do these charts look similar to the so wonderful system you are discovering? I
think they do. What are they you may ask. Well, it just two very simple moving
averages, no more. If we want to find somethiing we like and we want, we will find
many. But are they the something we will like and will want forever after we know
them? Does this sound familiar to life and living experience?

How many times in your life have you liked and wanted something, then after
you have gotten it, you grew tired of it. You found later that actually that was not
what you wanted. The joy and happiness over those things weren't permanent. But
why were the joy and happiness not permanent when those were the things you
craved in the first place?

So it is like this with everthing we do in life. So it is like this with every indicator
and system we find. They are not the joy and happiness we really want.

I named this screen capture "illusion.png"


user posted image


hanhao - February 23, 2006 10:15 AM (GMT)
csk , why did you name it "illusion.png" ?

u ment to say that the signals were rigged?
yup they look similar, if i rem correctly, it's called "cup and handle" pattern? commonly used to identify strong breakouts

what about comments on Tactical Geometric Vector LT?
would like to hear more from you!

let me just post another one on TGV
here's STI
user posted image

csk - February 23, 2006 01:00 PM (GMT)

.png is the file format, something like. gif or .bmp.

Illusion:

1. An erroneous perception of reality.
2. An erroneous concept or belief.
3. The condition of being deceived by a false perception or belief.
4. Something, such as a fantastic plan or desire, that causes an erroneous belief
or perception.

Illusion that it must be a powerful, sophisticated, never revealed, difficult to find, extremely expensive but worth every dime, will make you millions, one that has bombastic system name.

Nothing of the sort. Underneath the illusion, it is just dual simple moving averages. No star no spark. Just plain old trend follower.


Tactical Geometric Vector LT? I have never heard of it.



hanhao - February 23, 2006 02:25 PM (GMT)
so far metastock simulation results are promising!


my settings:
method : Tactical Geometric Vector LT
starting equility of $6000
broker fee of $30 (per entry and exit)
close all positions on last bar

user posted image

user posted image
QUOTE
Vector Theory -  Assumptions as they pertain to this system.
---------------------------------------------------------------------------------------------
1) Geometric angles are directly proportional to price tops and bottoms .
2) Vector lines are directly proportional to support and resistance.
3) Price and time are directly proportional to angles.
4) A determination of change in trend is directly proportional to a penetration or aversion of vector lines.
5) A determination of change in trend is directly proportional to angles.
6) Direction, speed and strength of the market can be determined by angles.
7) Markets are geometric in design and function, therefore they follow geometric laws when charted.

This is a model system only and should not be used to initiate new positions.  This system is based upon the zig zag indicator whereas a change in price can change a previous value of the indicator. 

hanhao - February 26, 2006 05:32 AM (GMT)

here are more results
user posted image
user posted image
user posted image
and the dow!
looks like it's time to sell/short!
user posted image

Khaliter - March 17, 2006 02:21 PM (GMT)
Hi I am new to this group and this is my first post.

The Tactical Geometric Vector System does look very good, but is it a zig zag based system?

If it is a zig zag system how can it be used to initiate trades when the last leg of a zig zag indicator is dynamic?

Also I have always wanted to know what is the prcatical application of a zig zag system. For example do you use it as a benchmark to test systems that you have written for yourself?

Finally I use Metastock 8.01 and this and the PS StarcBand System are not contained within 8.01. Are they included in Version 9, or are they separate add ins or other proprietary systems?

I would be grateful for any information on either of these systems that members of this forum can provide.

Thank you

hanhao - March 24, 2006 11:07 AM (GMT)
yup it's based on zig zag system

Ps StarcBand is on power plus add-on




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