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Dear Nathan,
Thank you very much for your reply and kind words.
All "Breath Indicators" apply to any userīs database on daily basis.
Slight modifications are sometimes neccessary, to express the way a
certain market breaths.
I will give correlations of various markets after part 1 is
integrated.
Your warm interest is a great help.
Best regards
Dimitris Tsokakis
--- In amibroker@xxxx, "Dr. S. Nathan Berger" <snberger@xxxx> wrote:
> At 01:11 PM 7/23/01 +0300, you wrote:
> > Oversold and overbought levels are usually selected by
experience and may
> >be not satisfactory for a certain Market.
> >We can change levels in order to give a more reliable description
of the
> >Market.
>
> I have been struggling to find a good "Timer Indicator" and what
you are
> suggesting is certainly a promising approach. Is it correct to
assume what
> you propose is a formula which can be run on a daily basis for all
stocks
> in each user's database? If so, it seems likely it would provide a
much
> more accurate picture of current conditions and avoid, as you have
so
> correctly pointed out, the arbitrary 70% Overbought/30% Oversold
conceps
> which can be of little or no value in any given market.
>
> Your previous work has provided the group with many excellent
strategies
> and codes. Looking forward to this addition.
>
> Best regards, Nate Berger
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