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4)except to bilt some level of RS( resistance support) and level of
retracement based on old peak or trough.
SC
--- In amibroker@xxxx, witold_dabrowski@xxxx wrote:
>
> Hi Dimitri,
>
> IMHO we can summarize our discussion:
> 1) With 'trough()' function there is impossible buy on trough;
> 2) When we wait for confirmation of the trough, most trends has
> ending;
> 3) There is impossible build good and real trading system based
> on 'trough()' or 'peak()' functions.
>
>
> Dimitris Tsokakis wrote:
> > Hi Witold,
> > a] Your system just confirms some days later that a trough was a
> trough.
> > There is no difference in the two procedures.
> > Whithout the additions we suddenly discover that a trough
> occurred 3
> > days ago, with the additions we confirm 3 days later that a
> trough occurred
> > 3 days ago.
> > The confirmation day is the same
> > b] We try to catch a trough to open a long position. Your choice
is
> a trend
> > follower. You ignore trough at A, you begin buying at B and
the
> worse is that
> > you also buy at C. The question is when do you sell. I think
> that point C is
> > a bit wrong to open a long trade.
> >
> > I produced the buy arrows running the exploration
> > chg = 5;
> > Dno1 = Trough(C, chg, 1);
> > Dno2 = Trough(C, chg, 2);
> > Filter=1;NumColumns=1;Column0=C;
> > Buy = Dno1 > Dno2 AND
> > C >= Dno1 + (chg/100 * Dno1) AND
> > Ref(C, -1) <= Dno1 + (chg/100 * Dno1);
> > which is , I think , your formula.
> > See the resulting gif
> > Dimitris Tsokakis
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