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Dear Dimitris,
please forget the 90° arc.
The only thing, that we need is the difference between the upperline to the
lowest low under the upper line.
So how can we calculate the lowest low below the upper line and how can we
calculate the value from the upper line at the same time as the lowest low.
I've manually calculated this at the 20-09-2001 and it works.
Thomas
----- Original Message -----
From: "Thomas Zmuck" <thomas.zm@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, December 10, 2001 3:19 PM
Subject: Re: [amibroker] Re: Pattern Recognition
> Hi Dimitris,
>
> I'm not sure, but i think there is a way to find entry signal on the
> ascending Trend-Channel. Please look at my .gif.
> I've loaded for ticker BHI all quotes from 1987 to 20-09-2001. At this
time
> (with per = 30) the upper green trendline would be detected from your afl
> and ploted.
>
> At next we should calculate the lowest low below the upper trendline and
> calculate the distance, but not forget the 90° arc.
> And then we could have a buy signal, if the price (Low) goes near the
> upper line - distance.
> What do you think about this.
> I think it's possible, but i'm not sure, how to calculate this.
> Especialy the correct distance, with the 90° arc.
>
> Best regards
>
> Thomas
>
>
> ----- Original Message -----
> From: "dtsokakis" <TSOKAKIS@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Monday, December 10, 2001 1:33 PM
> Subject: [amibroker] Re: Pattern Recognition
>
>
> Hi Thomas
> Thank you for your comments.
> As for your question, the answer is negative.
> You can not have buy or sell signals from a pattern recognition
> formula based on functions Peak() and Trough(), because the system
> will understand that a peak was a peak some days later.
> If you use, for example per=3, the stock should drop more than -3% to
> read today´s peak. You understand that you may have a delay.
> The main use is to watch the pattern and have a help in decision
> making.
> Dimitris Tsokakis
> --- In amibroker@xxxx, "Thomas Zmuck" <thomas.zm@xxxx> wrote:
> > Hello Dimitris,
> >
> > you've done great work. It's nice from you, that you share this
> work with us. Great Thanks to you.
> >
> > Is it possible to become buy signals at the low of a ascending
> trend-channel. Please look at my picture from US-Stock: Ticker:
> BHI Name: Baker Hughes Inc.
> >
> > Thomas
> >
> >
> >
> >
> > ----- Original Message -----
> > From: Dimitris Tsokakis
> > To: amibroker@xxxx
> > Sent: Monday, December 10, 2001 12:10 PM
> > Subject: [amibroker] Pattern Recognition
> >
> >
> > I visited last weekend the nice site of
> > http://www.chartpatterns.com
> > At
> > http://www.chartpatterns.com/prs_pricing_info.gif
> > I read that you may have a mail per week with interesting
> > patterns(triangles, wedges etc)
> > The rate is $780 per year.
> > Amibroker registered users may use
> > http://www.amibroker.com/library/detail.php?id=105
> > for free.
> > The cost is $69+possible upgrades for the Software, not for
> > the service.
> > The information for patterns is almost the same(I have not
> > included yet H&S formation, it is already prepared and will
> > be added soon).
> > The obvious advantage is that you may use the formula whenever
> > you want and at any stockmarket.
> > The disadvantage is that you should copy, paste, run and read the
> > Result list.
> > Then you may mail it to yourself, if you want a mail-service.
> > Sometimes it is not bad to understand what is the real value
> > of your software.
> > Dimitris Tsokakis
> >
> >
> >
> > Yahoo! Groups Sponsor
> > ADVERTISEMENT
> >
> >
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> Service.
>
>
>
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