|
PureBytes Links
Trading Reference Links
|
For a group of n stocks, the MeanRSI is
MeanRSI=(RSI1+RSI2+...+RSIn)/n.
With the help of Addtocomposite() function it is easily calculated from thescan
R=IIf(RSI()>=0 AND RSI()<=100,RSI(),0);
AddToComposite(R,"~SUMRSI","C");
AddToComposite(1,"~COUNT","V");
Buy=0;
as the quantity
MeanRSI=Foreign("~SUMRSI","C")/Foreign("~COUNT","V");
which may be plotted or used in AA systems.
For ^NDX group, the graph of the MeanRSI since early 2000 is in the att. gif.
For the lower band [36,38] and upper line [60], the MeanRSI gives huge profits for the
whole Market and the majority of the 101 stocks.
My [reasonable] question is about the future of the MeanRSI.
Will it oscillates in this zone ? Will it be more flat in the future and oscillate for a long time, say, in the
more narrow [40,55] band ?[this means that the ^NDX market will change its "style" and behave more
like S&P or other cool indexes].
This is the main question about the UNKNOWN future of ^NDX market.
Any bright idea ?
Dimitris Tsokakis
PS. Profits for [36,38]/60 band exceed +1000% for the whole market for the last 2 years.
------=_NextPart_001_000B_01C1F10B.BC705FE0
Content-Type: text/html;
charset="iso-8859-7"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-7" http-equiv=Content-Type>
<META content="MSHTML 5.00.3013.2600" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2><STRONG>Once again, the reaction occurred in the narrowband
[36,38].</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>the last values of the MeanRSI were
</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>41.08</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>36.94</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>36.79</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>41.22</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>The Market repeats its past
behavior.</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>DT</STRONG></FONT></DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:tsokakis@xxxx"; title=tsokakis@xxxx>Dimitris Tsokakis</A>
</DIV>
<DIV><B>To:</B> <A href="mailto:amibroker@xxxxxxxxxxxxxxx";
title=amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx</A> </DIV>
<DIV><B>Sent:</B> Sunday, April 28, 2002 2:21 PM</DIV>
<DIV><B>Subject:</B> The past and the future of the MeanRSI</DIV></DIV>
<DIV><BR></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>For a group of n stocks, the
MeanRSI is</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff
size=2>MeanRSI=(RSI1+RSI2+...+RSIn)/n.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>With the help of Addtocomposite()
function it is easily calculated from the scan</FONT></STRONG></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><STRONG><FONT color=#0000ff size=2>R=IIf(RSI()>=0 AND
RSI()<=100,RSI(),0);</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff
size=2>AddToComposite(R,"~SUMRSI","C");</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff
size=2>AddToComposite(1,"~COUNT","V");</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>Buy=0;</FONT></STRONG></DIV>
<DIV> </DIV>
<DIV><STRONG><FONT color=#0000ff size=2>as the quantity</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff
size=2>MeanRSI=Foreign("~SUMRSI","C")/Foreign("~COUNT","V");</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>which may be plotted or used inAA
systems.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>For ^NDX group, the graph of the MeanRSI
since early 2000 is in the att. gif.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>For the lower band [36,38] and upper
line [60], the MeanRSI gives huge profits for the </FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>whole Market and the majority of the 101
stocks.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>My [reasonable] question is about the
future of the MeanRSI.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>Will it oscillates in this zone? Will
it be more flat in the future and oscillate for a long time, say, in
the</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>more narrow [40,55] band ?[thismeans
that the ^NDX market will change its "style" and behave more
</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>like S&P or other cool
indexes].</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>This is the main question aboutthe
UNKNOWN future of ^NDX market.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>Any bright idea ?</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#0000ff size=2>Dimitris Tsokakis</FONT></STRONG></DIV>
<DIV><FONT color=#0000ff size=2><STRONG>PS. Profits for [36,38]/60 bandexceed
+1000% for the whole market for the last 2
years.</STRONG></FONT></DIV></BODY></HTML>
------=_NextPart_001_000B_01C1F10B.BC705FE0--
Attachment:
gif00362.gif
Description: GIF image
Attachment:
Attachment:
Description: "Description: GIF image"
Attachment:
Description: "gif00363.gif"
|