|
PureBytes Links
Trading Reference Links
|
--- In amibroker@xxxxxxxxxxxxxxx, "Stephen Almond \(F\)" <steve@xxxx>
wrote:
> Dimitris,
>
> Interesting. Working well at the moment, but I'm glad you didn't
show me this in early 1999. It took us out of the market on 4/2/99
and kept us out whilst the NDX went from 1988 to 4700. Not nice to
miss that one!
>
> Steve
Steve,
1. My data begins on Jan 2000
2. What do you mean "out of the market" ?. The system is always in
the market. In my data, I have a first SELL/SHORT on july 2000. The
previous signal would be a COVER/BUY, but I donīt see when.
If you have previous N100 data [with the current synthesis] check it
out, although it has only historical value.
The main advantage of this AboveM40 indicator is that it has good
resonance with the main market trends, WITHOUT mistakes, as many
other Breath indicators. This fact may help the trader to avoid
crucial mistakes, stay on the right side and improve its trading .
At least, do not buy when the market is a clear SELL, do not throw
everything out of the window when a clear BUY signal is there.
It is a good point to start, IMO.
DT
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Friday, April 11, 2003 8:53 AM
> Subject: [amibroker] Subject: Worden Brothers T2108 indicator
>
>
> It is obvious that the writer does not know AddToComposite()
function.
> It would be better to make a more proper use of the word "only".
> The described indicator is nothing but a good excersise for
amibroker users.
> I used my ^NDX database and run for all stocks, all quotations the
>
>
> AddToComposite(C>MA(C,40),"~>ma40","v");
> Buy=0;
> Then, in an empty IB window, I pasted the
>
> Above40MA=100*Foreign("~>ma40","v")/101;
> Plot(Above40MA,"",1,1);
> Plot((Above40MA>70)*70,"",0,2);
> Plot((Above40MA>70)*Above40MA,"",4,2);
> Plot((Above40MA<20)*Above40MA,"",0,2);
> Plot((Above40MA<20)*20,"",5,2);
>
> The whole procedure is not that bad.
> The basic indicator needs some smart smoothing to avoid whipsaws
and premature exits.
> A DEMA(Above40MA,10) or a DEMA(Above40MA,20) would be just fine.
> and it seems to work nicely with Buy=cross(Above40MA,20). As for
sell, it would be better to wait for
> Sell=cross(70,Above40MA), to enjoy the greatest part of the main
uptrends.
> Play also with different composites, using PER=variable, C>MA
(C,PER), it may be interesting.
> After this, someone should inform the author for amibroker .
> Dimitris Tsokakis
>
> //////////////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////////////////
///////////////////////
> Below, I have copied information on the T2108 indicator that
Worden Bros. includes in their daily downloads of data. Gary Smith
seems to think it is a decent market condition indicator. I am not
yet capable of doning any coding, so if someone decides to write
Amibroker code that will allow this so it can be displayed in
Amibroker, I would appreciate your posting it here in this group. I
use the free yahoo EOD data. Ron D
>
>
======================================================================
====================
>
> An Update on the Trusty T2108
>
> By Gary B. Smith
> Special to RealMoney.com
> 04/10/2003 08:31 AM EDT
> Click here for more stories by Gary B. Smith
>
>
>
>
> Has T2108 nailed it again? You'll recall that I've been using
this chart -- which is nothing more than the percentage of NYSE
stocks over their 40-day moving average -- as somewhat of a buy/sell
oscillator. When the percentage gets above 70%, that marks a top.
When it gets down into the mid-20% range, it's a buy. Down much
lower, and it's a bottom.
> Now, on April 2, it finally climbed into the 70%-plus range, and
I noted it might be time to sell. Since then? Despite some good
openings, the S&P has not closed higher than it did on April 2 and is
now down 1.7% since that day!
>
> Interesting stuff, and I'll keep you posted.
>
> (Oh, I'll save you the trouble of asking. I've looked, and this
chart is only available via Worden Brothers' TC2000 software.)
>
>
>
>
> Yahoo! Groups Sponsor
>
>
>
> 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 ---------------------~-->
Save Smiley. Help put Messenger back in the office.
http://us.click.yahoo.com/4PqtEC/anyFAA/i5gGAA/GHeqlB/TM
---------------------------------------------------------------------~->
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/
|