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Graham,
Thanks for the explanation. There was a time when I considered
myself to be mathematically savvy. Now it's all an increasing
decline.....
Steve (slightly embarrassed)
--- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx> wrote:
> If you remove the common part of equation
>
>
>
> If X = EMA(ATR(1),10)
>
> Then you have
>
> (2.5 * X - 0.25*X) / ( 0.25*X + 1.5*X )
>
> = 2.25 * X / 1.75 * X
>
> = 2.25 / 1.75
>
> = 1.286
>
>
>
> Cheers,
> Graham
>
> <http://groups.msn.com/ASXShareTrading>
> http://groups.msn.com/ASXShareTrading
>
> <http://groups.msn.com/FMSAustralia>
http://groups.msn.com/FMSAustralia
>
> -----Original Message-----
> From: Steve Almond (F) [mailto:steve@x...]
> Sent: Friday, 23 May 2003 6:31 PM
> To: Ami
> Subject: [amibroker] That's Strange.....
>
>
>
>
>
>
> I found this exploration back in message 5479. See the attached
picture of
> the AA window.
>
>
>
> Risk is defined as: EMA(ATR(1),10)/4 +EMA(ATR(1),10)*1.50;
>
> Reward is : EMA(ATR(1),10)*2.5 - EMA(ATR(1),10)/4;
>
>
>
> Each gives a column of varying values. BUT, when I divide the two
to
> calculate Reward/Risk the values are all the same (1.29)!
>
>
>
> How can that be?
>
>
>
> Steve
>
>
>
>
>
>
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