Quote Originally Posted by TraderD View Post
Billy, running the risk of repeating earlier comments I made, my interpretation of the MF/PA (price action) relationship is different and points to a mismatch in timeframes rather than MF being merely "early" relative to PA. The GDX chart is "technically broken" with selloffs commencing right at exhaustion points of recoveries (from oversold conditions). This is consistent with the longer timeframe as captured by the declining average MF line. Not taking this into account is, in my opinion, the reason for the poorly-timed RT robot entries and the stark discrepancy between the MF/RT curve and corresponding PA when comparing the two charts you posted. I'm somewhat relieved by the change of tone in the past few months from seeing RT as a major breakthrough to a more skeptical analysis of its dynamics relative to the EOD robot.

$.02,

Trader D
Doron,
We are very open-minded. What back-tested algorithm do you propose to add to the EOD robot to take into account timeframes mismatches under all market conditions? We offer you a $.02 subscription if you come with one.
Billy