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The puzzling part is (H+L) in this code. While
H-L give u the daily range and is meaningful, what
does H+L represent.
nand
--- In amibroker@xxxx, "greg" <greg.bean@xxxx> wrote:
> Hi, Dimitris,
>
> I was trying to understand your formula and have come up with the
following questions, could you fill in what I have missed.
>
> d1=14;
> d2=43;
> x=H-L;
> F2=x<=0.001*d1*(H+L);
> F1=x>=0.001*d2*(H+L);
> Sell=F2;Buy=F1;
> Sell=ExRem(Sell,Buy);Buy=ExRem(Buy,Sell);
> Short=Sell;Cover=Buy;
> Short=ExRem(Short,Cover);Cover=ExRem(Cover,Short);
>
> d1 and d2 look to be multipliers, What do they represent?
> x is today's range, I understand that ok.
> F2 is the sell condition. It says sell if today's range <= can you
fill in this part in plain English
> F1 is the buy condition. It says buy if today's range >= can you
fill in this part in plain English
>
> If you can explain how this works to a 10 year old, then maybe
I'll be able to understand it too :) .
>
> Greg
>
>
>
>
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxx
> Sent: Sunday, June 23, 2002 12:59 PM
> Subject: [amibroker] QQQ Individual Analysis
>
>
> If you are fed up from my Composite Analysis, let us make a break
with an individual one.
> Simple logic, simple profits, pre-indicator era.[High, Low and
thats all !!]
> Dimitris Tsokakis
>
>
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