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Salil,
I read at
http://www.fasttrack.net/ads/ftwinhlp/accutrack.htm
"Averaging several stocks in the same sector produces a less volatile
line."
and
"While AccuTrack is most often used to trade between dissimiliar
issues, it can also be used
to trade between similar issues in a contrary fashion."
It seems the opposite procedure compared to composites directionality.
Since AddToComposite function gives a type of "averaging", when we
increase the # of stocks
we see more emphatical volatile lines, which is a self-proof of the
existing directionality
of the market.
I do not know anything for AccuTrack indicator, if you have some AFL
idea or math formula
give us some hint. This "contrary fashion" sounds interesting.
Thank you [once again] for pointing out.
Dimitris Tsokakis
--- In amibroker@xxxx, Salil V Gangal <salil_gangal@xxxx> wrote:
>
> Dingo,
>
> Okay ... so looks like I'll have to code it ... no problem.
>
> Regards,
>
> - Salil V Gangal
>
> dingo <dingo@xxxx> wrote:The only mention I've found for Accutrack
are in posts: 1607616584 which is a previous message from you. d-----
Original Message-----
> From: Salil V Gangal [mailto:salil_gangal@x...]
> Sent: Friday, November 01, 2002 1:44 PM
> To: amibroker@xxxx
> Subject: [amibroker] AccuTrack indicator using AFL
>
>
> Friends,
>
> Has anyone coded and published AccuTrack indictor using AFL
already ? Please pass on the link if it's available.
>
> I thought of inquiring about it, before I start coding it ...
>
> Regards,
>
> - Salil V Gangal
>
>
>
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