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3, a moving average length of 11, and an average true range of 21 bars Despite optimization, this solution returned only 116% annually There were 1,465 trades taken; 40% were winners The average trade lasted 6 days and took $931 out of the market Only long positions were profitable across parameter combinations Both long and short trades lost heavily in the verification sample There were 610 trades, of which only 29% were winners The equity curve and other simulation data suggested that deterioration in the out-of-sample period was much greater for the volatility breakout model with a stop entry than with entry on a limit, or even at the open using a market order..



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One of the biggest advantages to the control architecture in Silverlight is that the behavior of the standard controls is separated from their visual appearance. A control template is a mechanism used to specify how a control looks but not how it behaves. This core behavior can most simply be viewed as what makes a particular control the control that it is. For example, what is a button Loosely defined, it is a control that can be clicked. There are specializations of buttons, such as repeat buttons but these specializations provide a different core behavior. Each control can exist in a number of possible states, such as disabled, having input focus, a mouse hovering over it, and so on. A control template provides the ability to define what the control looks like in each of these states. Sometimes this is referred to as changing the look and feel of the control, since changing the visual appearance of each state can alter how a user sees and experiences a control in different states.





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As we have discussed, SONET and SDH were introduced in the 1980s as an optical solution for high-bandwidth vendor interoperability in optical networks SONET transmission rates have steadily increased to OC-768 (40 Gbps), and the protocol was developed primarily to transport voice in fixed timeslots through the network, in retrospect making SONET inefficient for the transport of the increasing volumes of bursty traffic Beginning in the 1990s, the Internet arrived, and with it a profusion of data transferred over the existing network infrastructure STS-1 (5184 Mbps) is the basic rate at which SONET operates, and higherbandwidth services are delivered as multiples of STS-1 This technique, however, is less than ideal for the transport of multimedia data payloads, and when it is used, a variety of challenges appear.

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These challenges include: the need to identify techniques to rescue the stranded bandwidth that occurs when SONET is used for data transport without having to upgrade existing SONET ADMs and cross-connect boxes; identification of the most effective way to carry data traffic over SONET; the creation and deployment of a reasonable technique for dynamically and efficiently resizing allocated bandwidth without traffic loss; methods and procedures to ensure survivability of link groups in the event of a link loss; and processes to support multiple traffic types across the same physical infrastructure The solution to this plethora of challenges came in the form of Next-Generation SONET (NGS), and with NGS came a new set of terms: virtual concatenation, link capacity adjustment scheme (LCAS), and generic framing procedure (GFP) Virtual concatenation is based on the concept that a group of smaller containers can be concatenated to form a larger container.

Can excessive optimization explain the rapid decay in the out-of-sample period No. Optimization may have merely boosted overall in-sample performance from terrible to poor, without providing improved out-of-sample performance. Optimization does this with models that lack real validity, capitalizing on chance more than usual. The greater a model s real power, the more helpful and less destructive the process of optimization. As previously, the detrimental effects of curve-fitting are not the entire story: Performance declined well before the outof-sample period was reached. The worsened out-of-sample performance can as easily be attributed to a continued gain in market efficiency relative to this model as it can to excessive optimization. The model generated in-sample profits for the British Pound, Deutschemark, Swiss Franc, and Japanese Yen; out-of-sample, profits were. generated for all of these markets except the British Pound. If all currencies (except the Canadian Dollar and Eurodollar) were traded, good profits would have been obtained in both samples. The Eurodollar lost heavily due to the greater slippage and less favorable prices obtained when using a stop for entry; the Eurodollar has low dollar volatility and, consequently, a large number of contracts must be traded, which magnities transaction costs. In both samples, Heating Oil was profitable, but other members of the oil group lost money. The out-of-sample deterioration in certain markets, when comparison is to entry on a limit, suggests that it is now more difficult to enter on a stop at an acceptable price. VOLATILITY BREAKOUT VARIATIONS

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