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*Heelo,
Could you tell me more on "The Art of Trading" and the AMiBroker
formula...
Thanks,
Thierry
Thierry Jourdaingpica> Hal,
gpica> In examining the formula, which I obtained from Chris Tate's "The Art of Trading", I think I have misinterpreted it what he means by average range(200).
gpica> I was thinging Av range was Highest hi - lowest low over the previous 200 periods.
gpica> I now think is more probably ATR(200).
gpica> So the formula would be
gpica> PossibleDollarReturn = (dollars/close) * ATR(200);
gpica> which is simply number of shares purchased * average true range of the stock.
gpica> I'll check further and advise.
gpica> Geoff
gpica> Original Message:
gpica> -----------------
gpica> From: Hal Brehe infoads@xxxx
gpica> Date: Mon, 30 Apr 2001 09:34:43 -0700
gpica> To: amibroker@xxxxxxxxxxxxxxx
gpica> Subject: Re: [amibroker] Bangs for your Buck, Coding problem
gpica> Hi Geoff,
gpica> Thanks for your formula (below). I have coded it into COMMENTARY, and it works well. I'm rather disappointed in that it appears I'm following "lousy" stocks. Possibly that is caused by my not
gpica> understanding the first term of your formula:
gpica> (dollars/close)
gpica> Just exactly what should this be.
gpica> Is it the price of the Close of the last day of data -- or something else?
gpica> I'd appreciate that clarification.
gpica> Regards,
gpica> Hal
gpica> At 11:03 AM 4/29/01 +1000, you wrote:
>>Steve and all,
>>
>>Here's a simple formula to enable comparison between stocks to determine which is more likely to give a better return
>>
>>Possible dollar return = (dollars/close) * (hhv(close,200) - llv(close,200))
>>
>>where dollars is the amout to be invested.
>>
>>Now here's where I need some help with Java script. How can I get an afl analysis to write to a csv file for import to Excel
>>
>>ticker, date, close, Possible dollar return
>>
>>Geoff
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