|
PureBytes Links
Trading Reference Links
|
Hi Jayson
Yes I agree that zero is zero is zero :)
I think he is just using it as a trick to get the the arrays to match
the proper periods. I have no idea if it is critical.
Cheers
Anthony
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> Anthony,
>
> Sorry, I still don't get it. yesterdays volume times 0 = 0 yes?
so.... v+0
> equals today's volume.......
>
> Jayson
> -----Original Message-----
> From: Anthony [mailto:axon50@x...]
> Sent: Thursday, March 06, 2003 7:44 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Twiggs Money Flow formula
>
>
> Hi Jayson
> I write to Colin Twiggs for clarification of V+(Ref(V,-1)*0)
> Here is his response:
>
> The first day of TRH is calculated on day #2:
> TRH:=Max(Ref(C,-1),H);
>
> The purpose of +(Ref(V,-1)*0) is to bring volume into line with the
> above; so that the first day of volume used is day #2, and not day
> #1, in the last line of the calcuation:
> If(WV=0,0,Wilders(ADV,periods)/Wilders(WV,periods))
>
> Cheers
> Anthony
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> > Anthony,
> > I noticed no difference on the chart I was working on but you make
> a good
> > point. A particularly good point for use on interday charts.
Thanks
> for the
> > heads up.......
> >
> > Jayson
> > -----Original Message-----
> > From: Anthony [mailto:axon50@x...]
> > Sent: Thursday, March 06, 2003 3:55 PM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: [amibroker] Re: Twiggs Money Flow formula
> >
> >
> > Hi Jayson,
> > I was only joking with the "rub it in" comment. I appreciate all
> your
> > input. The histogram is a good idea, it makes it easy to read.
> >
> > One thing though, I have found that keeping the IIf statement in
the
> > line ADV=((C-TRL)-(TRH-C))/(IIf(TR==0,999999,TR))*V; makes a
> > difference when there is a huge swing in volume but no change in
> > price. I think that was part of Colin Twiggs intention to filter
out
> > such swings.
> >
> > So the code I will use is:
> > pds=Param("TMF periods",21,1,100,1);
> > TRH=Max(Ref(C,-1),H);
> > TRL=Min(Ref(C,-1),L);
> > TR=ATR(1);
> > ADV=((C-TRL)-(TRH-C))/(IIf(TR==0,999999,TR))*V;
> > sadv=Wilders(Adv,pds);
> > svol=Wilders(V,pds);
> > TMF=sadv/svol;
> > _N( mstr = "("+WriteVal(pds,1.0) + ")" );
> > Plot(tmf,"Twiggs Money Flow"+mstr,IIf
(tmf>0,colorGreen,colorRed),2);
> > GraphXSpace=5;
> >
> > Best regards
> > Anthony
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> > > Anthony,
> > > I was not trying to rub it in at all. As a past MS user I had
the
> > same
> > > problem understanding = and ==. Any way, thanks for the link to
> > the paper.
> > > I tried to follow the logic he explained in the the construction
> > and found a
> > > different approach for translation in AB......
> > >
> > >
> > > pds=Param("TMF periods",21,1,100,1);
> > > TRH=Max(Ref(C,-1),H);
> > > TRL=Min(Ref(C,-1),L);
> > > tr=ATR(1);
> > > ADV=((C-TRL)-(TRH-C))/tr*V;
> > > sadv=Wilders(Adv,pds);
> > > svol=Wilders(V,pds);
> > > TMF=sadv/svol;
> > > Plot(tmf,"Twiggs Money Flow",IIf(tmf>0,colorGreen,colorRed),2);
> > > GraphXSpace=5;
> > >
> > >
> > > The resulting value is the same as the MS translation however it
> > does not
> > > use the WV calculation that confused me and utilizes the built
in
> > ATR
> > > function. You might also enjoy the histogram variation as it
> clearly
> > > demonstrates accumulation versus distribution.
> > >
> > >
> > > Jayson
> > > -----Original Message-----
> > > From: Anthony [mailto:axon50@x...]
> > > Sent: Thursday, March 06, 2003 7:34 AM
> > > To: amibroker@xxxxxxxxxxxxxxx
> > > Subject: [amibroker] Re: Twiggs Money Flow formula
> > >
> > >
> > > Hi Jayson,
> > > No need to rub it in. Anthony F. has already pointed out my
> > > stupidity :(
> > >
> > > Seriously though, there was a huge lag yesterday before posts
were
> > > coming up so I guess you did not see my earlier admission of
> > > dumbness.
> > >
> > > I remember all sorts of variations like .EQ. for "equals" and I
> > > always used to read := as "set to equal"
> > > Very confusing for an amateur. I have never used Metastock but
its
> > > combination for "equals" seems easier to grasp.
> > >
> > > Back to the topic. The formula now works and for those
unfamiliar
> > > with it and would like to read more, check out
> > > http://www.incrediblecharts.com/technical/twiggs_money_flow.htm
> > >
> > > Best regards,
> > > Anthony
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx>
wrote:
> > > > Anthony,
> > > > I also do not understand the logic behind line 6 however, I
> think
> > > the reason
> > > > your code is failing is due to your use of the equal sign.
When
> > > you set a
> > > > variable you use, = as in x=c+1;
> > > > However when you are trying to use mathematical equal within
the
> > > code you
> > > > must use == as in c==42
> > > >
> > > > No Symbol Meaning
> > > > 1 ^ Exponentiation
> > > > 2 - Negation - Unary minus
> > > > 3 * Multiplication
> > > > 4 / Division
> > > > 5 + Addition
> > > > 6 - Subtraction
> > > > 7 < Less than
> > > > 8 > Greater than
> > > > 9 <= Less than or equal to
> > > > 10 >= Greater than or equal to
> > > > 11 == Equal to
> > > > 12 != Not equal to
> > > > 13 & Bit-wise "And" (AFL 2.1+)
> > > > 14 | Bit-wise "Or" (AFL 2.1+)
> > > > 15 NOT Logical "Not"
> > > > 16 AND Logical "And"
> > > > 17 OR Logical "Or"
> > > > 18 = Variable assignment operator
> > > >
> > > >
> > > >
> > > > try....
> > > >
> > > >
> > > > periods=Param("TMF periods",21,1,100,1);
> > > > TRH=Max(Ref(C,-1),H);
> > > > TRL=Min(Ref(C,-1),L);
> > > > TR=TRH-TRL;
> > > > ADV=((C-TRL)-(TRH-C))/(IIf(TR==0,999999,TR))*V;
> > > > WV=V+(Ref(Volume,-1)*0);
> > > > TMF=IIf(WV==0,0,Wilders(ADV,periods)/Wilders(WV,periods));
> > > >
> > > > Plot(tmf,"",colorRed,1);
> > > >
> > > >
> > > > Jayson
> > > > -----Original Message-----
> > > > From: Anthony [mailto:axon50@x...]
> > > > Sent: Wednesday, March 05, 2003 8:32 PM
> > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > Subject: [amibroker] Twiggs Money Flow formula
> > > >
> > > >
> > > > Hi all
> > > > I have seen people using this and became curious enough to
check
> > it
> > > > out. It is based on the theme of the Chaiken Money Flow Index
> but
> > is
> > > > designed to better handle price gaps and volume spikes. Colin
> > Twiggs
> > > > is behind it.
> > > >
> > > > He has given a Metastock formula for it:
> > > > periods:=Input("TMF periods",1,100,21);
> > > > TRH:=Max(Ref(C,-1),H);
> > > > TRL:=Min(Ref(C,-1),L);
> > > > TR:=TRH-TRL;
> > > > ADV:=((C-TRL)-(TRH-C))/If(TR=0,999999,TR)*V;
> > > > WV:=V+(Ref(V,-1)*0);
> > > > If(WV=0,0,Wilders(ADV,periods)/Wilders(WV,periods))
> > > >
> > > > Now even though I cannot work out what the sixth line is
> supposed
> > to
> > > > represent you would think that this was easy enough for me to
> > > > translate but whatever I have done is wrong:
> > > > periods=Param("TMF periods",21,1,100,1);
> > > > TRH=Max(Ref(C,-1),H);
> > > > TRL=Min(Ref(C,-1),L);
> > > > TR=TRH-TRL;
> > > > ADV=((C-TRL)-(TRH-C))/(IIf(TR=0,999999,TR))*V;
> > > > WV=V+(Ref(Volume,-1)*0);
> > > > TMF=IIf(WV=0,0,Wilders(ADV,periods)/Wilders(WV,periods));
> > > >
> > > > Any thoughts appreciated
> > > >
> > > > Regards
> > > > Anthony
> > > >
> > > >
> > > > Yahoo! Groups Sponsor
> > > > ADVERTISEMENT
> > > >
> > > >
> > > >
> > > >
> > > > 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 the Yahoo! Terms of
> > Service.
> > >
> > >
> > > Yahoo! Groups Sponsor
> > > ADVERTISEMENT
> > >
> > >
> > >
> > >
> > > 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 the Yahoo! Terms of
> Service.
> >
> >
> > Yahoo! Groups Sponsor
> > ADVERTISEMENT
> >
> >
> >
> >
> > 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 the Yahoo! Terms of
Service.
>
>
> Yahoo! Groups Sponsor
> ADVERTISEMENT
>
>
>
>
> 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 the Yahoo! Terms of Service.
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/
|