Title: tell me it can't be this simple
Review: yes, it seems to be so.... this is just a simple moving average crossover system. the 1st 2 things you learn with technical analysis is 1) how to calculate a moving average, and 2) how a moving average alone is not a good basis for a trading system. later on, you would learn that backtesting always works in the past, but never in the future.contrary to what is written in the book, THE Y-PROCESS DOES *NOT* LEAD THE MARKET (see p.159). the Risk Index is the difference between the moving average and the current value of the index. the In/Out level IS the moving average.... YOU WOULD BE BETTER OFF READING A BEGINNERS BOOK ON TECHNICAL ANALYSIS. YANIS PLAYS ON THE IGNORANCE OF THE AVERAGE INVESTOR.
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