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Yes, Jay, I think you should definetely ask for your money back. The
software just isn't your cup of tea.
The indicator tests in ICE have been normalized. That means you can
compare one indicator test to another on a relative basis, not on an
absolute basis. With normalized testing if the Aroon is better than
the R-squared then it will trade that way. Comparing an unnormalized
test of Aroon against R-squared does not give you a relative value.
That means that if the Aroon produces results that are 3 times better
than the R-squared numbers, the Aroon might not actually trade that
way.
It's not surprising that your test results were different from the
ICE test results. They should have been. If they weren't, then I
would have been questioning the value of the program.
Since you have been dis-satisfied from the moment you discovered it
didn't come with open code, I would not bother with it. The
probablity is really low that will grow on you over time.
JO
--- In Metastockusers@xxxxxxxxxxxxxxx, JayTownsend@xxxx wrote:
> Running my own Stochastic (optimized) test on grain securities, my
test came
> back with a range of 701 points profit to 1098 points profit on the
top 16
> tests.
>
> Running the ICE Stochastic Optimized on the exact same securities
produced a
> range of 138 points profit to 294 points profit on their top 16
tests.
>
> Grains have to be a points only test, because they do not equate to
dollars
> in the MetaStock world - one of their shortcomings when a user
maintained
> conversion table would be so simple to implement.
>
> Without seeing ICE's formula, I can't even verify that they are
using the
> Stochastic. They are using an unverifiable black box which I
cannot see.
>
> I want my bucks back, and will ask them for it.
>
> Jay
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