[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: New Breath Indicators, part 1



PureBytes Links

Trading Reference Links

Thank you very much David, I will revert.
Dimitris Tsokakis
--- In amibroker@xxxx, "David Holzgrefe" <dtholz@xxxx> wrote:
> Ok here's the asx with the indicators in daily view as asked ?
> 
> 
> ----- Original Message -----
> From: "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
> To: <amibroker@xxxx>
> 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.
> >
> >
> >
> >
> > Your use of Yahoo! Groups is subject to 
http://docs.yahoo.com/info/terms/
> >
> >