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Hi David,
Is it possible to provide us a daily gif, to see rsiobi and rsiosi in
a bullish market ?
Unfortunately, all my 18 months data are bearish.
This could help.
Thank you
Dimitris Tsokakis
--- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> Hi David,
> As I see in your graph, you are in weekly mode.
> Let me please express some thoughts.
> 1. As you read in the definitions
> "OBI is the population of overbought stocks, under any overbought
> criteria,
> calculated as a variable on daily basis.
> Extension may be considered on weekly or monthly or yearly basis."
> 2. As it is clearly expressed in
> http://www.amibroker.com/newsletter/12-2001.html
> " So the first line of our formula will be:
> values = rsi() < 30;
> This will store "true" in the values array for all date points when
> RSI is less than 30.
> Then we will enable AFL scripting host and prepare the date arrays
> that we will use
> later in the scripting part to add the artificial quote on
> appropriate date"
> and, in the script part
> "for( i = 0; i < days.length; i++ )"
> 3. In #2828 and #2833 mails it is also clear that scans and
> explorations do not handle
> weekly data for the moment.
> Since composites creation comes through scanning procedure, I
> understand that
> OSI & OBI should be calculated for now on daily basis.
> If it would be possible, send us a daily chart.
> I will revert with examples and gifs.
> Thank you very much for your interest.
>
> Best regards
> Dimitris Tsokakis
> --- In amibroker@xxxx, "David Holzgrefe" <dtholz@xxxx> wrote:
> > TJ & DT I can see the excitement in Tomasz note re these new
> indicators, attached is a pic showing them and the xao Australia
> index ..
> >
> > Could you please explain them a little more
> >
> >
> > Thanks David
> > ----- Original Message -----
> > From: Tomasz Janeczko
> > To: amibroker@xxxx
> > Sent: Tuesday, July 03, 2001 5:25 AM
> > Subject: Re: [amibroker] New Breath Indicators, part 1
> >
> >
> > Hello group,
> >
> > Mr. Dimitris Tsokakis has done great job introducing these new
> breadth indicators.
> > What is the most important is that they give quite good and
> reliable signals
> > before important market moves. I would advise to test his work
on
> your local
> > markets and see for yourself.
> >
> > Best regards,
> > Tomasz Janeczko
> > ===============
> > AmiBroker - the comprehensive share manager.
> > http://www.amibroker.com
> >
> > ----- Original Message -----
> > From: DIMITRIS TSOKAKIS
> > To: amibroker@xxxx
> > Sent: Monday, July 02, 2001 1:55 PM
> > Subject: [amibroker] New Breath Indicators, part 1
> >
> >
> > The creation of marvellous "composites" by Tomasz Janeczko,
> > gave to me the opportunity to materialize a new set of breath
> > indicators, examining the market as a whole.
> > The first group* is already placed in the AFL Library.
> >
> > There are two kinds of indicators:
> >
> > A. OSI and OBI
> > ie oversold issues and overbought issues.
> >
> > Smooth curves, complementary in use, based on RSI and
> Stochastic,
> > with minimized lag (sometimes lag is negative !) and, the
most
> > important, steady curves whithout whipsaws (the permanent
> headache of
> > Technical Analysis).
> >
> > B. RSUP, RSDP and NDI, PDI
> > ie Relative Slope Up Pivot
> > Relative Slope Down Pivot
> > Negative Divergence Issues
> > Positive Divergence Issues.
> >
> > Curves with sudden spikes, complementary to OSI and OBI,
giving
> the
> > final confirmation of a trend reversal or , sometimes,
> anticipating
> > it.
> > Minimized lag or even negative lag is also a characteristic
of
> this
> > kind.
> >
> > I hope that the introduction of these indicators will help
the
> > Technical Analyst to investigate the stockmarkets deeply,
> extending
> > his comprehension.
> > Advissues, decissues and uncissues will not stand alone
anymore.
> >
> > Dimitris Tsokakis
> >
> > ___________________________________________________
> > *non-volume breath indicators
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service.
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service.
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