Re: [amibroker] Re: Fred's equity indicator, definitions & how to read ?

["HB" <hossamb@xxxxxxxxxxxx>]

Thanks Fred,

For the yellow triangles, is smaller always better ?  For example, if my
system does not trade a certain stock for a set period of time because it
does not meet a certain criterion (e.g. lack of trend), then the yellow
triangle would be quite long and high, right ?  But the situation I
described is not necessarily a bad thing, at least not according to my
standards.

HB

----- Original Message -----
From: "Fred" <fctonetti@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, April 14, 2003 0:18
Subject: [amibroker] Re: Fred's equity indicator, definitions & how to read
?


> Probably not ...
>
> In terms of the graphical items:
>
> The yellow triangles pointing up are the length of time that has gone
> by since the highest equity peak. (the smaller the better)
>
> The red pointing down are drawdowns
>
> The grey line is buy & hold, the white line is the equity curve and
> the blue line is the linear regression of the equity line.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "hmab1" <hossamb@xxxx> wrote:
> >
> > Hello all,
> >
> > Is there a message detailing the various components of Fred's
> equity
> > indicator ?  Some of the items are obvious, but others aren't.
> >
> > Also, is there a message which details how to read the actual
> > graph ?  I.e. yellow triangles, red plateaus, etc
> >
> > Thanks,
> > HB
>
>
>
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