V. 8:14 (545-546): MESA 3 by John Sweeney
Product Description
MESA 3 By John Sweeney, Editor
John Ehlers
Box 1801
Goleta, CA 93116
(805) 969-6478
Price: $350
When Maximum Entropy Spectral Analysis (MESA) edged onto the trading scene several years ago, we (favorably) evaluated it over our previous choice for cyclical analysis, Fourier analysis. MESA was the first program that conveniently applied a better technique to price data in a manner that the average trader could comprehend.
For $350, it would sift through the last 60 days of your numbers, automatically select the analytical period and pop up with a spectrum of the cyclic content in the numbers. It would even apply this to familiar indicators such as the Commodity Channel Index (CCI) and Relative Strength Indicator (RSI). It didn't stop there. It pumped out a prediction of the daily price action for the next two weeks, breaking the hearts of software developers all over the United States. Naturally, traders salivated while throwing money at developer John Ehlers—only to discover that the program wasn't always right.
Ehlers had warned that there really was cyclic content in the prices only 20% of the time and had even thrown in automatic warnings when the amplitude was too low or the definition of the spectrum too broad. To help out more, he produced another program, EPOCH, which formulated trading signals using the MESA analytics.
John Ehlers
Box 1801
Goleta, CA 93116
(805) 969-6478
Price: $350
When Maximum Entropy Spectral Analysis (MESA) edged onto the trading scene several years ago, we (favorably) evaluated it over our previous choice for cyclical analysis, Fourier analysis. MESA was the first program that conveniently applied a better technique to price data in a manner that the average trader could comprehend.
For $350, it would sift through the last 60 days of your numbers, automatically select the analytical period and pop up with a spectrum of the cyclic content in the numbers. It would even apply this to familiar indicators such as the Commodity Channel Index (CCI) and Relative Strength Indicator (RSI). It didn't stop there. It pumped out a prediction of the daily price action for the next two weeks, breaking the hearts of software developers all over the United States. Naturally, traders salivated while throwing money at developer John Ehlers—only to discover that the program wasn't always right.
Ehlers had warned that there really was cyclic content in the prices only 20% of the time and had even thrown in automatic warnings when the amplitude was too low or the definition of the spectrum too broad. To help out more, he produced another program, EPOCH, which formulated trading signals using the MESA analytics.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |