|
PureBytes Links
Trading Reference Links
|
The idea:
We ask for a turning point of Relative Slope in
the"neutral" area [-0.5,0.5] as a continuation signalfor an uptrend
relatively for a downtrend
/*UPTREND
CONTINUATION*/K=EMA((H+L+C)/3,10);S1=200*(K-REF(K,-1))/(K+REF(K,-1));rs=ema(EMA(S1,3),3);s3=
REF(RS,-1)==LLV(RS,5) AND abs(REF(RS,-1))<=0.5 ;
filter=s3>0;buy=filter;numcolumns=1;column0=c;
/*DOWNTREND
CONTINUATION*/K=EMA((H+L+C)/3,10);S1=200*(K-REF(K,-1))/(K+REF(K,-1));rs=ema(EMA(S1,3),3);s3=
REF(RS,-1)==HHV(RS,5) AND abs(REF(RS,-1))<=0.5 ;
filter=s3>0;SELL=filter;numcolumns=1;column0=c;
You may run the two Explorations in one.The green buy
arrows indicate for a possible bullish continuation. The red sell arrows
indicate for a possiblebearish continuation.
<FONT
size=2>/*CONTINUATION*/K=EMA((H+L+C)/3,10);S1=200*(K-REF(K,-1))/(K+REF(K,-1));rs=ema(EMA(S1,3),3);s3=
REF(RS,-1)==HHV(RS,5) AND abs(REF(RS,-1))<=0.5 ; s4=
REF(RS,-1)==LLV(RS,5) AND abs(REF(RS,-1))<=0.5 ; filter=s3>0 or
s4>0;SELL=s3>0;BUY=S4>0;numcolumns=1;column0=c;
Some signals are interesting and are given at proper
time.Continuation conditions is not an easy work and very fewreferences
exist, as far as I know.If there is any idea (clear and specific, not
theories again)please contribute, to build up something useful for
all.An interesting amount of money is hidden behind
continuationpatterns, as you all know.
Dimitris Tsokakis
|