|
PureBytes Links
Trading Reference Links
|
Ron,
Is there any specific ref for Weinstein definitions ?
TIA
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, "mrdavis9" <mrdavis9@xxxx> wrote:
> YUKI SAID>So . . . nothing much has changed for me. The subject
line of this
> thread says it all to me. The quest for something that is
> impossible. Perhaps it was just bad wording.
> --------------------------------------------------------------------
--------------------------------
> Yuki, you are correct, it was just bad wording. It sure resulted
in some interesting and lively discussions though.
>
> My scans are finding bottoming reversal pivot points of
stocks. I need to add additional code that will cause it to ignore
any stock that is not currently in an ,existing, or newly
established up trend. Lets assume that this scan picks up a
pullback in a stock that seems to be in a new up trend. I want to
require this possible new up trend to meet the Weinstein definition
of a new up trend. Lets assume that the stock has now advanced
upward from what could be the final bottom pivot of a down trend.
Weinstein wants this stock to complete the first pullback of this
possible new uptrend. He will watch to see how low this first pulls
back goes. If this first pull back makes a bottom pivot that is
higher than the apparent bottom of the downtrend, then it has met
only one of his conditions of a new uptrend. Then, if he sees the
stock advance to a second high pivot that is higher than the high of
the first pullback high pivot, it will have finally met his
definition of a new uptrend.
>
> At least this is how I interpret Weinstein's definition of a new
uptrend. This new uptrend must continue to make higher highs, and
higher lows in order to continue to maintain its up trending status.
Ideally, a Weinstein Trend-Detector code is exactly what I would like
to add to my pivot finding code . Hopefully, some of the Amibroker
users now have, or can create AFL code that is able to identify
the Weinstein criteria of an uptrend. Additionally, I will be
testing the other suggestions that resulted from yesterday's
post. BTW, how do you like my new title on this post. Ron D
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get A Free Psychic Reading! Your Online Answer To Life's Important Questions.
http://us.click.yahoo.com/Lj3uPC/Me7FAA/ySSFAA/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/
|