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I am NOT the developer of the Stock Analyzer, only a user and moderator of
the yahoo group.
I do NOT claim the feature has merit. I was only referring to it as an
example of an idea that might be adaptable to Amibroker. I am sure a more
useful design is possible. The Stock Analyzer is a nice little application
with some clever features but is no where near being in the same league as
Amibroker.
Most of the SA users are aware of the weakness you mention. To us it is a
"toy" feature, just something to play with. In fact, I have never used it
for actual consideration.
A similar future bar that is based on recent range average might work as a
"what if" tool.
Rik Rasmussen
Stock Analyzer mailing list moderator
http://groups.yahoo.com/group/stockanalyzer/
----- Original Message -----
From: <TSOKAKIS@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 25, 2003 7:52 AM
Subject: [amibroker] Re: looking into the future
--- In amibroker@xxxxxxxxxxxxxxx, "Rik Rasmussen" <hrasmussen@xxxx>
wrote:
> The feature in SA does set OHLC all to the same calculated future
price
> based on the % change you input.
>
> Obviously, this is not most desirable, but does allow some
speculation.
Rik,
how often the % change of Close is the same with the % of High ?
The statistics is dramatic.
In 788 bars since Jan3, 2000, we have 787 ROCs per N100 stock, ie
79487 ROCs [include the 100 N100 stocks plus the index ^NDX]
>From an exploration
ROCclose=ROC(C,1);
ROChigh=ROC(H,1);
Filter=ROCclose==ROChigh;
AddColumn(ROCclose,"");
AddColumn(ROChigh,"");
AddColumn(LastValue(Cum(1)),"");
I see 78 results, ie ~1/1000,
from
ROCclose=ROC(C,1);
ROClow=ROC(L,1);
Filter=ROCclose==ROClow;
AddColumn(ROCclose,"");
AddColumn(ROClow,"");
I see 86/79487
and if I try your suggestion ROChigh==ROCclose==ROClow it is
impossible.
Consequently, you hypothesis for same % is out of reality and does
not allow any speculation.
It is not easy and you should reconsider the hypothesis, perhaps.
Thank you for your reply.
Dimitris Tsokakis
> Also, volume is left blank so indicators using volume break also.
>
> Rik Rasmussen
> Stock Analyzer mailing list moderator
> http://groups.yahoo.com/group/stockanalyzer/
>
> > -----Original Message-----
> > From: DIMITRIS TSOKAKIS <TSOKAKIS@xxxx> [mailto:TSOKAKIS@x...]
> > Sent: Tuesday, February 25, 2003 6:50 AM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: [amibroker] Re: looking into the future
> >
> >
> > Rik,
> > I do not use the Stockanalyser, but, let me ask a question.
> > Suppose that today´s StochD is 68 and I need a 70 cross to obtain
my
> > sell criterion.
> > As known, StochD is a function of C, H and L.
> > How do you overcome this fact?
> > Do you give all the probable C, H, L combinations that will give
> > tomorrow´s StochD above 70 ? It would be rather confusing...
> > Or you speak for monoparametric indicators only ?
> > It would help to know what we ask from amibroker and Tomasz may
> > materialise it, sooner or later...
> > DT
> > --- In amibroker@xxxxxxxxxxxxxxx, "Rik Rasmussen"
<hrasmussen@xxxx>
> > wrote:
> > > In the Stock Analyzer we have a feature that allows you to
create a
> > > hypothetical price for tomorrow at a +/-% you set. This then
> > creates a
> > > fictitious price on the charts for tomorrow. You can then see
the
> > result on
> > > the price and indicator charts. By playing with the %, you can
see
> > what
> > > price action will be required for a certain indicator condition.
> > When done,
> > > you turn it off and your charts are restored without the
tomorrow
> > price.
> > > This feature is called "Signal Forecast and Estimation."
> > >
> > > Perhaps a similar "what if" feature could be done in Amibroker.
> > >
> > > Rik Rasmussen
> > > Stock Analyzer mailing list moderator
> > > http://groups.yahoo.com/group/stockanalyzer/
> >
> >
> > Send BUG REPORTS to bugs@xxxx
> > Send SUGGESTIONS to suggest@xxxx
> > -----------------------------------------
> > Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > --------------------------------------------
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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