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Hi P,
I like your trading point of view and here is my answer.
a) The period is from Jan 2000 till now.
b) The "character" and/or the funtamentals did not change.
Company growth and profits were positive.
c) As you read from optimization formula, I was not restricted
in 13, 6, 5.
Of course I put 13, 5, 6 as other combinations and "look".
d) Vietnam veterans experience is always appreciated, although
they did not know WHY did they go there(at least it was not an
optimum choice). Did they count how many innocents died when
they were "keeping their eyes out of the cock pit"? Because auto-
counters were well known that period.
e) "Local" and "global" : A MACD, SIGNAL cross is a local phenomenon.
"Global" for the case is the relative composite ticker, _macdbull and
_macdbear, exposed in your AFL Library
http://www.amibroker.com/library/detail.php?id=71
in "Trending or Trading" small article. I run it daily (it takes less
than a valuable minute) and, although it is a first approach
(the "Market Direction" is more informative) it is long term
interesting.
f) I have tried very small periods but the result is lost in the
whipsaw deep ocean.
Thank you for trading dialogue.
Dimitris Tsokakis
--- In amibroker@xxxx, "server not recognized" <winchp@xxxx> wrote:
> Dimitris,
>
> Over what period did you run the optimisation?
>
> Why did you limit the period of the the variable to 13,6,5 (my
suggested
> value). Why not a minimum of 3,2,1?
>
> Also, why didn't you just put 13,5,6 in and "look"? There is
lesson that a
> 4000hr Vietnam veteran fighter pilot gave me, keep your eys out of
the cock
> pit. This means don't fall into the trap of getting sucked into
all the
> flashing lights and dials. It means look outside and see what is
going on.
>
> It could be possible that AB has caught a local optimum, rather
than a
> global one. It could also be possible that the data time frame was
too big
> and that lately the stock has changed it characteristic.
>
> Id sugest just ptting in a couple of different small period MACD
values in
> the AB settings and having a look at the tail end of your data and
see
> what's been going on.
>
> Good luck.
>
> P
> ----- Original Message -----
> From: "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
> To: <amibroker@xxxx>
> Sent: Tuesday, September 04, 2001 1:51 AM
> Subject: [amibroker] Re: The Note on Relative Slope
>
>
> Using the
>
> FAST=optimize(" FA ",12,6,12,1);
> SLOW=optimize(" SL ",26,13,28,1);
> SIG=OPTIMIZE(" SIG ",9,5,9,1);
> buy = cross( MACD(FAST,SLOW),SIGNAL(FAST,SLOW,SIG));
> sell = cross(SIGNAL(FAST,SLOW,SIG), MACD(FAST,SLOW));
> buy=exrem(buy,sell);
> sell=exrem(sell,buy);
>
> the most profitable combination proved to be for the certain stock
> FAST=11, SLOW=20, SIG=9
> (Settings were buy and sell at Average)
> The result was equally funny with MACD 12,26,9.
> And I say funny because at the right end I have a buy signal with
> a delay of 6 weeks and the whole uptrend was 6 weeks. Anyway,
> thank you for hint.
> DT
> --- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> > Already sold the stock.(Personal)
> > Let you know by the end of this week, when we shall have the next
> > "week" point.
> > Monday morning sell is "sell at open" for weekly chart.
> > If I have this week Relative Slope high pivot, I do not need
> further
> > confirmation. In the opposite, I cut the rest of the (probable)
> > continuation. But...
> > I never worked so short MACD. IŽll test and revert.
> > Thank you for trading discussion.
> > Dimitris Tsokakis
> > --- In amibroker@xxxx, "server not recognized" <winchp@xxxx>
wrote:
> > > Hi,
> > >
> > > Moving to the far right hand side of your giff, what do you
> suggest
> > happens next?. IOW how do you propose to trade this?
> > >
> > > I would suggest going back to MACD and optimising the time
> period.
> > Try 13,5,6 for example.
> > >
> > > P
> > > ----- Original Message -----
> > > From: Dimitris Tsokakis
> > > To: amibroker@xxxx
> > > Sent: Monday, September 03, 2001 6:47 PM
> > > Subject: [amibroker] The Note on Relative Slope
> > >
> > >
> > > --- In amibroker@xxxx, "David Holzgrefe" <dtholz@xxxx> wrote:
> > > > hi all yet another excellent indicator from the group
> > >
> > > > ps im looking for repeatable points that can be applied to
> any
> > chart !
> > > > in other words some technical point not a visual
> > > >
> > > > thanks David
> > >
> > > David,
> > > In att. gif we have weekly comparative charts of
> > > Relative slope, Stochasic %D 14 and MACD.
> > > Turning points of RS are whithout delay.
> > > Stochastic has a 1 week delay at point A, two
> > > weeks delay at B and a very sad whipsaw at
> > > the double attempt C1, C2 to catch the turning point C.
> > > MACD is a bit funny here, totlly out of competition.
> > > At A we have a double attempt 4 and 6 weeks delayed,
> > > at B 3 weeks lag and at C the dalay is between 4 and 5
> > > weeks.
> > > In this example it is more than obvious how important was
> > > the note of Hal.
> > > Dimitris Tsokakis
> > >
> > >
> > > Yahoo! Groups Sponsor
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> > >
> > > You can, too! Start here...
> > >
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> > > 345678 ft 01234567891011in
> > >
> > > Weight:
> > > lbs. kg.
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> > Service.
>
>
>
>
>
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