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brian.
my reply to the ?? below is
"....the green buy count does not start until a sell. so if another
buy setup happens does it only start
count after the actual sell."
--This is Not True: a Buy Set up Starts over or resets- (Figure 1
shows a reset of Green Buy Numbers- with the Red Numbers Beginning on
the first Green 9 and going past the second set of Green 1-9 numbers)
i can see from the diagram that the green count continues once the
red count has been triggered, but these would not be useful, it would
only be of use after a sell,
so what happens if the green buy count is at 4 when a sell hapens
and this count actually gets to 9 , is it included in the 9th consec
count or does the count have to start fresh from 1 to 9 after the
sell day .
cheers: john.
--- In amibroker@xxxx, "brian_35m" <cadvantag@xxxx> wrote:
> Hi John,
>
> "so basically ( for the buy setup)if the green consecutive count of
a
> downtrend ==9 then for the green count to be valid it needs to have
> the low of bars 8 or 9 to be below the low of bars 6 and 7 ."
> --This is True
>
> "so if the above is true the red count starts when the close of
> current bar is <= to the low of the 2 previous bars (not
consecutive)"
> --This is True
>
> "....the green buy count does not start until a sell. so if another
> buy setup happens does it only start
> count after the actual sell."
> --This is Not True: a Buy Set up Starts over or resets- (Figure 1
> shows a reset of Green Buy Numbers- with the Red Numbers Beginning
on
> the first Green 9 and going past the second set of Green 1-9
numbers)
>
> "Question??? can it include days that are true before the sell e.g.
> (what if the green count of the downtrend was 4 at the sell). can
it
> include this in the count or does it have to start fresh after the
> sell.( all of the above is only for the buy setup) it doesnt
include
> the count for the sell."
> --John this question I didnt follow- Did I answer it on the above
> answer or can you ask it in another way.
>
> Cheers,
> Brian
> --- In amibroker@xxxx, "nirvana1x" <nirvanaiam@xxxx> wrote:
> > brian,
> > so basically ( for the buy setup)if the green consecutive count
of
> a
> > downtrend ==9 then for the green count to be valid it needs to
> have
> > the low of bars 8 or 9 to be below the low of bars 6 and 7 .
> >
> > so if the above is true the red count starts when the close of
> > current bar is <= to the low of the 2 previous bars (not
> consecutive)
> > and when the red count starts the green buy count does not start
> > until a sell. so if another buy setup happens does it only start
> > count after the actual sell .
> >
> > Question??? can it include days that are true before the sell
e.g.
> > (what if the green count of the downtrend was 4 at the sell). can
> it
> > include this in the count or does it have to start fresh after
the
> > sell.( all of the above is only for the buy setup) it doesnt
> include
> > the count for the sell.
> >
> >
> >
> > cheers: john.
> >
> >
> >
> >
> >
> >
> >
> >
> > --- In amibroker@xxxx, "brian_35m" <cadvantag@xxxx> wrote:
> > > Hi John,
> > >
> > > I am not a subscriber- I have the this months edition. I will
try
> > to
> > > summarize the next 2 pages of the article
> > > Setups: For Buys must have 7 consecutive days of lower closes
> > > compared to four days prior - if on the seventh day it is a
> higher
> > > close the count do a price flip and the count restarts- Only
when
> > > pattern reaches a minimum of 9 consecutive bars can the
analysis
> > move
> > > forard. For a Buy setup to qualift the low of 8 or 9 must be
> below
> > > the lows of both bars 6 & 7 (vice versa on Sell side). The next
> > step
> > > is the TD countdown- final phase. It can begin as early as the
> 9th
> > > day - the setup requires the close of the current bar to be
less
> > than
> > > or equal to the low of the bar two bars earlier . Countdown
bars
> > are
> > > denoted by red numbers below the price bars (Figure 1 & 2) for
a
> > Buy
> > > Countdown - above the price bars for Sell Countdown. A complete
> > > Countdown requires 13 bars - but they do not have to be
> consecutive
> > > days (nor are they usually). Once a Red 13 appears in a
Countdown
> > the
> > > underlying trend is exhausted. Countdown requires a qualifier -
> for
> > a
> > > Sell Countdown the high of the bar 13 must be equal to or above
> the
> > > close of bar 8, for a Buy Countdown the low of bar 13 must be
> equal
> > > to or less than the close of bar 8.. This qualifer ensures no
> > overlap.
> > >
> > > John let me know if you need me to type more from the article.
> If
> > > you have a fax I can fax it to you. You can email me at
> > > Brian_35M@xxxx
> > >
> > > Thanks for your help John!
> > > Cheers,
> > > Brian --- In amibroker@xxxx, "nirvana1x" <nirvanaiam@xxxx>
wrote:
> > > > high brian,
> > > >
> > > > heres the formula with the plotted valuelines.
> > > >
> > > > A=IIf(C<Ref(C,-4),7,IIf(C>Ref(C,-4),5,1));
> > > > A1=ValueWhen(A,C,1);
> > > > b=Sum(C<Ref(C,-4),9)==9;
> > > > b0=IIf(BarsSince(b==0)==1,-5,0);
> > > > b1=ValueWhen(b0,C,1);
> > > > Aa=IIf(C>Ref(C,-4),5,1);
> > > > bb=Sum(C>Ref(C,-4),9)==9;
> > > > bb0=IIf(BarsSince(bb==0)==1,1,0);
> > > > bb1=ValueWhen(bb0,C,1);
> > > > Plot(b1,"",7,4);
> > > > Plot(bb1,"",6,4);
> > > > Plot(C,"",A+b0+bb0,64);
> > > > Plot(C,"",1,64);
> > > >
> > > > these lines have the close values for when the cond of the
> 9th
> > > > consecutive day was true
> > > > blue for the c> ref(c,-4) 9th consec day
> > > > and yellow for the c< ref(c,-4) 9th consec day
> > > >
> > > >
> > > >
> > > > whats the rule for the red count numbers to 13 , is it l<ref
> (l,-
> > > 4)
> > > > and a non consecutive count to 13 and starting when the
green
> > > count
> > > > =9.
> > > > as the imfo on the webpage doesnt explain.
> > > >
> > > > looking at the diagram it looks like it also has lines
plotted
> > > when
> > > > the green numbered bars count =1 not sure if you need
these.
> if
> > > you
> > > > are a subcriber to the mag could you post the other rules.
> > > >
> > > >
> > > > cheers: john.
> > > >
> > > >
> > > >
> > > > --- In amibroker@xxxx, "brian_35m" <cadvantag@xxxx> wrote:
> > > > > Hi John,
> > > > >
> > > > > Thanks for your reply & formula! I like the layout. Can
you
> > tell
> > > > me
> > > > > how to place the valuelines?
> > > > >
> > > > > Thanks,
> > > > > Brian
> > > > >
> > > > > --- In amibroker@xxxx, "nirvana1x" <nirvanaiam@xxxx> wrote:
> > > > > > hi brian,
> > > > > > i have read the article and so far i have the 9 bars
lower
> > > than
> > > > > the
> > > > > > close from 4 days ago.
> > > > > > each lower bar has a yellow outline and the white
outlined
> > bar
> > > > is
> > > > > > the 9th consecutive lower bar.
> > > > > > the bars that are close is higher than the close from 4
> > days
> > > > ago
> > > > > > are in a green outline, and the blue outlined bar is the
> > > actual
> > > > > 9th
> > > > > > consecutive bar of the close higher than the close from 4
> > days
> > > > ago.
> > > > > >
> > > > > >
> > > > > > A=IIf(C<Ref(C,-4),7,IIf(C>Ref(C,-4),5,0));
> > > > > > A1=ValueWhen(A,C,1);
> > > > > > b=Sum(C<Ref(C,-4),9)==9;
> > > > > > b0=IIf(BarsSince(b==0)==1,-5,0);
> > > > > > b1=ValueWhen(b0,C,1);
> > > > > > Aa=IIf(C>Ref(C,-4),5,1);
> > > > > > bb=Sum(C>Ref(C,-4),9)==9;
> > > > > > bb0=IIf(BarsSince(bb==0)==1,1,0);
> > > > > > bb1=ValueWhen(bb0,C,1);
> > > > > >
> > > > > >
> > > > > > Plot(C,"",A+b0+bb0,64);
> > > > > > Plot(C,"",1,64);
> > > > > >
> > > > > > you can plot the valuelines as well.
> > > > > > cheers: john.
> > > > > >
> > > > > >
> > > > > >
> > > > > > --- In amibroker@xxxx, "brian_35m" <cadvantag@xxxx> wrote:
> > > > > > > I was trying to create a formula that used the
principles
> > in
> > > > the
> > > > > > > following article.
> > > > > > >
> > > > > > > http://www.activetradermag.com/glass.htm
> > > > > > >
> > > > > > > I put this in indicator builder. It has a couple errors
> > that
> > > I
> > > > > cant
> > > > > > > seem to fix. When it changes from one pattern and
begins
> > > > another
> > > > > I
> > > > > > > was trying to get it to change color but I was
> unsuccessful
> > > > > > (examples
> > > > > > > are in Figure 1 & 2 in the article). Also, is it
possible
> > to
> > > > get
> > > > > > > numbers to post on the bars?
> > > > > > >
> > > > > > > Thanks,
> > > > > > > Brian
> > > > > > >
> > > > > > > Day1 = Ref( C, -1 );
> > > > > > > Day2 = Ref( C, -2 );
> > > > > > > Day3 = Ref( C, -3 );
> > > > > > > Day4 = Ref( C, -4 );
> > > > > > > Day5 = Ref( C, -5 );
> > > > > > > Day6 = Ref( C, -6 );
> > > > > > > Day7 = Ref( C, -7 );
> > > > > > > Day8 = Ref( C, -8 );
> > > > > > > Day9 = Ref( C, -9 );
> > > > > > > Day10 = Ref( C, -10 );
> > > > > > > Day11 = Ref( C, -11 );
> > > > > > > Day12 = Ref( C, -12 );
> > > > > > > Day13 = Ref( C, -13 );
> > > > > > > Day14 = Ref( C, -14 );
> > > > > > > Day15 = Ref( C, -15 );
> > > > > > > Day16 = Ref( C, -16 );
> > > > > > > Day17 = Ref( C, -17 );
> > > > > > > Day18 = Ref( C, -18 );
> > > > > > > Day19 = Ref( C, -19 );
> > > > > > > Day20 = Ref( C, -20 );
> > > > > > > Day21 = Ref( C, -21 );
> > > > > > > Day22 = Ref( C, -22 );
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > barcolor = IIf( Day22 < Day18, 4, IIf( Day22 >Day18, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day21 < Day17, 4, IIf( Day21 >Day17, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day20 < Day16, 4, IIf( Day20 >Day16, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day19 < Day15, 4, IIf( Day19 >Day15, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day17 < Day14, 4, IIf( Day18 >Day14, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day16 < Day13, 4, IIf( Day17 >Day13, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day16 < Day12, 4, IIf( Day16 >Day12, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day15 < Day11, 4, IIf( Day15 >Day11, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day14 < Day10, 4, IIf( Day14 >Day10, 8,
> > > 20 ) );
> > > > > > > barcolor = IIf( Day13 < Day9, 4, IIf( Day13 >Day9, 8,
> > 20 ) );
> > > > > > > barcolor = IIf( Day12 < Day8, 4, IIf( Day12 >Day8, 8,
> > 20 ) );
> > > > > > > barcolor = IIf( Day11 < Day7, 4, IIf( Day11 >Day7, 8,
> > 20 ) );
> > > > > > > barcolor = IIf( Day10 < Day6, 4, IIf( Day10 >Day6, 8,
> > 20 ) );
> > > > > > > barcolor = IIf( Day9 < Day5, 4, IIf( Day9 >Day5, 8,
> 20 ) );
> > > > > > > barcolor = IIf( Day8 < Day5, 4, IIf( Day8 >Day4, 8,
> 20 ) );
> > > > > > > barcolor = IIf( Day7 < Day3, 4, IIf( Day7 >Day3, 8,
> 20 ) );
> > > > > > > barcolor = IIf( Day6 < Day2, 4, IIf( Day6 >Day2, 8,
> 20 ) );
> > > > > > > barcolor = IIf( Day5 < Day1, 4, IIf( Day5 >Day1, 8,
> 20 ) );
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > /* Colourized price bars drawn here */
> > > > > > > //Graph0BarColor = barcolor;
> > > > > > > Graph0Style = 2+4; // Bar Graph
> > > > > > > Graph0BarColor = barcolor;
> > > > > > > Graph0 = Volume;
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