RE: Velocity Trading Spam

["Adrian Pitt" <apitt@xxxxxxxxxxxxx>]

Hi Paul,

I'm wondering how you reproduced the Velociity Point Indicator?  I see
you have attached a file of what appears to be a simple stochastic
indicator with a moving average on it, but I'm not sure where the
connection is? A simple stochastic by iteself is way too jagged and
doesn't pull back enough when a market corrects in a strong trend.  Then
adding a moving average to that to smooth it merely makes it worse by
adding lag.  

So if I have missed something, or someone else (perhaps DrWar) has ideas
on how easy it is to duplicate in 2-3 minutes, I'd be fascinated to
know.  Please don't mention the StochRSI though, as this has no
comparison to the Velocity Point Indicator. 

Regards,
Adrian

> -----Original Message-----
> From: Pawel [mailto:pax@xxxxxxxxxx] 
> Sent: Tuesday, 2 December 2003 3:58 AM
> To: Ian Waugh
> Cc: omega-list@xxxxxxxxxx
> Subject: Re: Velocity Trading Spam
> 
> 
> Hello Ian,
> 
> also getting this spam..I have send them this picture 
> (attached)..this system can reproduced in 2 min..why would 
> anyone buy it?
> 
> 
> 
> 
> Paul
>