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Hi
What information gives the yellow,green and red bars.
Tom Supera
----- Original Message -----
From: <bbj@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, October 30, 2001 1:57 AM
Subject: [amibroker] Re: About Trading&Trending RSI
> Hi Dimitris Tsokakis,
> I like the word trading and trending. I will decide the trend first
> and the decide the trade.
> In Sun & Cloud, my decision processes are as followings,
> 1. Decide the trend
> a.Bull alert: When the red line crosses the mountain the stock is in
> bull alert.
> b.Bull confirmed: When the red line crosses the dark cloud and you
> may say the stock is in bull confirmed.
> c.Bear alert: When the red line falls into the sun
> d.Bear alert: the sun disappears
> 2.Trading,
> a.Do long trade when bull alert. The white line should be on or
> above the red line. When the wite line falls below the red line,
> the stock is in "bull correction"(exit long).
> b.Do short trade when bear alert. The white line should be below the
> red line, and when the white line rise on or above the red line, I
> call it " bear correction"
>
> Rember that the market is a circle. Thing reverses on their extremity,
> bull confirmed<=>bear confirmed,and before the reverse ther should be
> a prelude,bear alert or bull alert. The stock price will not go up or
> fall straightly so there are bull correction and bear correction.
>
> Hope this helps.
> Best Regards,
> CC Chen
>
> --- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> > Hi CC Chen,
> > I plotted your Sun & cloud (nice visual part).
> > Is it possible to explain the
> > "2.for Short term trading, reading the changes between the white
> line
> > and the red line"
> > How do you trade this ?
> > Dimitris Tsokakis
> >
> > --- In amibroker@xxxx, bbj@xxxx wrote:
> > > Hi Dimitris Tsokakis,
> > > I am also headache, so I need others' opinion.
> > > I tried to be a investor not a trader. I will regard the market
> in
> > > bear when the lines drop below central line(zero line), and any
> buy
> > > signals may be traps. Unless it crosses the -100. Vice versa.
> > > Hope this helps.
> > > I also post a formula called Sun&Cloud at the AFL libary. Do you
> > > have any comments about it? Your comments are highly recommended.
> > >
> > > Best Regards,
> > > CC Chen
> > >
> > > ps the code of the Sun&Cloud is as below. CC Chen
> > >
> > > /*Sun & Cloud
> > > --Modified from Ichimoku chart by CC Chen*/
> > >
> > > Long2 =ema( ( HHV( H, 20 ) + LLV( L, 20) )/2,20);
> > > Long1 =ema( ( HHV( H, 5 ) + LLV( L, 5) )/2,10);
> > > K=(H+2*C+L)/4;
> > > Z= ( HHV( H, 3 ) + LLV( L, 3) )/2 ;
> > > SP=iif(K>=Z*1.05,1.10*Z,iif(K<Z*1.05 and K>=Z,1.0*Z,iif
> > > (K<Z,0.9*Z,0.9*Z)));
> > > M=iif(Long1>long2,Long2,Long1);
> > >
> > > maxgraph = 5;
> > >
> > > graph0=M;
> > > graph1 = SP;
> > > graph2=Z;
> > > graph3=Long2;
> > > graph4=Long1;
> > >
> > > Graph0style=6;
> > > graph1style =8;
> > > graph2style=4;
> > > graph3style=6;
> > > Graph4style=6;
> > >
> > > graph0color=20;
> > > graph1color=3;
> > > graph2color=5;
> > > graph3color=2;
> > > graph4color=8;
> > >
> > > title=name() + "{ Sun & Cloud } : "+writeif(Long1>long2,"Rising
> > > Sun","Dark Cloud Cover");
>
>
>
>
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>
>
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