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Here's a few afl and guru comentary's
there basic as I'm new to this AFL
stuff...
comments welcome please:
As for there value in trading ?
1. is price rising for 5 days with volume over
50,000 i think v "<FONT
color=#ffffff>hhv( close, 5 )"would do
the same thing...
2. is gapup and down with volume.
/*todays price trending higher for xn 5 daysand
vol > 50,000By David Holzgrefe 16/01/2001*/
buy= (Ref(CLOSE,-0)) > (Ref(CLOSE,-1))and (Ref(CLOSE,-1))>
(Ref(CLOSE,-2))and (Ref(CLOSE,-2))> (Ref(CLOSE,-3))and (Ref(CLOSE,-3))>
(Ref(CLOSE,-4)) and v > 50000;
sell= (Ref(CLOSE,-0)) < (Ref(CLOSE,-1))and (Ref(CLOSE,-1))<
(Ref(CLOSE,-2))and (Ref(CLOSE,-2))< (Ref(CLOSE,-3))and (Ref(CLOSE,-3))<
(Ref(CLOSE,-4)) ;
"Review of " + fullname() + " (" + name() + ")" + "\nas of " +
date();.............................................
/* File: Gap Guru
Commentary** Requirements: AmiBroker 3.0 (AFL 1.1)** Last
Modified: David Holzgrefe 14 jan,2001*/
"Review of " + name() +" as of "+date();
buy = gapup() And volume >50000;sell = gapdown() AND volume
>50000;
"Watch out for sucker Gaps when a stock goes ex dividend"; "or Common Gaps
where stocks trade under normal low Volumes where liquidity is poor ";
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