No. of Recommendations: 4
Thanks anchak for taking the time to explain your thoughtful approach. BTW, I referenced 'secret indicators' and not 'magic'. I have never seen Zeelotes refer to them as magic, in fact he always says they should be used in context or concert with other models or indicators. If he is charging for these indicators and models (some I have heard cost hundreds), then he would likely want these to be 'secret'.
"while his system is an automated multilayered one"
That is what I would have thought, except it would seem that automation only occurs after he decides which indicators or models to use and how important one is compared to another.
"There's a LOT of good things here for free"
I agree he has shared many of ideas for free but I bet his work with the biggest impact on his returns are secret. Of note, his free ideas concerning the Presidential Year Cycle were helpful, although Sy Harding and others going back even much further have shown the low that often occurs late in the 2nd presidential year cycle. His work showing the backtesting of the New High New Low (NHNL) data gave one confidence in using such an indicator many years ago and I still use a version today. However, I did not see it mentioned (perhaps it wasn't known) that others had used NHNL data to time the market before. In fact, Dr. Alexander Elder had mentioned the use of moving averages with NHNL data in a book way before it was mentioned on the MF boards.
I manage about half of my funds with Bear Catcher type indicators. A small amount I try to trade. Anything more complicated than that I would never stop second guessing my methods. All the best to you as well.
