|
PureBytes Links
Trading Reference Links
|
If the group likes these indicators, I will upload to the AFL library,
and I will give assistance in the interpretation of the indicators( in
private if you wish, so as not to tie up the group list , or on the
group list so all can develop feeling for indicators ) as I see the
signals inorder for you to develop your own feel for the indicators.
Have a last look, I have been following and using these indicators in
my daily trading since Tomasz added the power of ( Addtocomposite()
function ) to Amibroker ( Thank you Tomasz ) with real money (
profitably ) , these indicators are powerful.
/******************************************************/
/****Some Explanations****/
The "Ticker Specific indicator" can be used in conjunction with the
Market composite ( MACD bull / bear ) to confirm bullish or bearish
signals , but it is most effective when used with the Market composite (
Bull_Pressure and Bear_Pressure).
As you can see by the attached image file and inside the red boxes ,
when the Market indicators are showing Bearish_Pressure and the ticker
specific confirms with Bearish signals the Market moves in the direction
of the indicators.
In the Blue box, we can see the Market indicators showing Bearish
pressure, but the ticker specific does not confirm ( it shows a bullish
signal ), The Market indicators prevail, we follow the direction of the
Market.( the group is stronger).
In the Green box, we can see the Market indicators showing Bullish
Pressure , the Ticker Specific confirms with a bullish signal, the
Market moves in the direction of the indicators.
In the Yellow boxes, we can see a trading range with a Bearish Bias
confirmed by indicators.
Anthony
PS... Future performance can not be gauranteed, Interpretation by
specific individuals may vary.
Ken Close wrote:
> Anthony: the charts look very good. I would appreciate it if you
> would post
> the formulas for your Bull and Bear Pressure for both Ticker and
> Market.
>
> Thanks,
>
> Ken
>
> -----Original Message-----
> From: Anthony Faragasso [mailto:ajf1111@x...]
> Sent: Monday, July 29, 2002 12:51 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] New Indicators ( have a look )
>
>
> Hello Group,
>
> Check out the image file, Green is bullish and Red is bearish, Could
> the
> State of the market as a whole and of the specific ticker be any
> Clearer.
>
> The first custom chart after the Main chart is the MACD Bull / Bear
> composite indicator courtsey of Dmitri, and located in the AFL library
> .
>
> The second custom chart is my Ticker specific Bull_Pressure and
> Bear_Pressure indicator and the third custom chart is my Composite
> Bull_Pressure and Bear_Pressure indicator for the whole market. (
> NDX100) was used in this example.
>
> Anthony
>
>
>
>
> Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
>
>
>
>
>
> Yahoo! Groups Sponsor
ADVERTISEMENT
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
Description: ""
|