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Re: [amibroker] Re: New Breath Indicators, part 1



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----- Original Message -----
From: "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Friday, July 06, 2001 6:51 PM
Subject: [amibroker] Re: New Breath Indicators, part 1


> 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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>

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