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Re: [amibroker] STOCHASTIC CCI. AN APPLICATION



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Might be easier just to buy when blue linecrosses, 
and %k goes from one extreme to another wouldn't it.  Precipitice rises 
like this always scare me a little.  I just kick myself and move on, "Oh 
well" always another tomorrow.
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----- Original Message ----- 
<DIV 
>From: 
Dimitris 
Tsokakis 
To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Thursday, June 07, 2001 6:22 
PM
Subject: [amibroker] STOCHASTIC CCI. AN 
APPLICATION

Suppose a stock is in a fast 
uptrend and you search for an entry point.
MACD is over its signal, 
stochastic, %R, RSI and other "trading" indicators 
are far from "buy" condition, 
balancing near sell region
In such a case, STOCHASTIC CCI (# 
2394) gives excellent entry points.
The following AFL code gives a 
graphic implementation.
 
<FONT face=Arial 
size=2>Stochcci=(cci(14)-llv(cci(14),14))/(hhv(cci(14),14)-llv(cci(14),14));graph0=Stochcci;graph0barcolor=3;TITLE=NAME()+"  
Stochcci="+WRITEVAL(LASTVALUE(Stochcci));CC=CROSS(STOCHCCI,0.05);GRAPH1=0.2*CC;GRAPH1BARCOLOR=7;GRAPH1STYLE=2;
 
The yellow bar at point X gave the only entry 
point for this 30 days uptrend.
Note . Extreme situations should be verified from 
other criteria, not stochcci.
 
Dimitris Tsokakis
 
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