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Letters To S&C
ARTICLE SYNOPSIS ...LETTERS TO S&C
Optimization
Editor,
Several articles have appeared in S&C wherein optimization was discussed. I would like to discuss
something I encountered at least six years ago when I first tried optimizing. Some of your readers may
have had the same experience and can further comment on the subject.
The best way to explain this subject may be by example.
The example is extremely simple. It involves optimizing, in one of my programs, only two parameters--a
decimal for an exponential average for buying and a decimal for an exponential average for selling. The
buy decimal was stepped fro...
BY: Technical Analysis, Inc.
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The Wall Street Week index by Arthur A. Merrill
ARTICLE SYNOPSIS ...The Wall Street Week index
by Arthur A. Merrill
Every six months I have been checking the accuracy of more than 40 indicators over a span of several
years. On the last test, the indicator that came out on top was the Wall Street Week Technical Market
Indicator (WSW Index) reported on the Wall Street Week public television program.
In the test, the scores are in the form of a batting average. Each indicator is asked each week whether it is
bullish or bearish, and the number of times this opinion is right or wrong is determined by the direction
of the market in the next 13 weeks, six months or...
BY: Arthur A. Merrill, C.M.T.