|
PureBytes Links
Trading Reference Links
|
No the
data is there to the last day you have just chosen the a Window of that data to
view,,,,
Regards,
Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: mrdavis9
[mailto:mrdavis9@xxxxxxxxxx]Sent: Saturday, July 05, 2003 4:23
AMTo: amibrokeryahoogroupsSubject: [amibroker] How does
Amibroker work
Jason, thanks for the input. This next
question is for anyone, and is about how Amibroker works. What happens
when I back up a chart so that June 2 (for instance) is the last day
showing at the right hand end of the chart. Hasn't Amibroker
completely forgotton the future knowledge that it aquired while it was in the
future? In other words, can't I visually backtest going foreward one bar
at a time, and won't this method of looking at Zig ( or any other indicator) be
exactly the same as when I download fresh daily data each day. Ron
D
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jayson
To: <A
href=""
title=amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, July 05, 2003 1:44
AM
Subject: RE: [amibroker] SCANS FOR ZIG
CONDITIONS
<SPAN
class=217324006-05072003>Ron,
Zig
is great for seeing the past but the future......... you must be very careful.
Here is a good description from TA A-Z...
<SPAN
class=217324006-05072003>
ZIG ZAG
Overview
The Zig Zag indicator filters out changes in an underlying
plot (e.g., a security's price or another indicator) that are less than a
specified amount. The Zig Zag indicator only shows significant changes.
Interpretation
The Zig Zag indicator is used primarily to help you see
changes by punctuating the most significant reversals.
It is very important to understand that the last "leg"
displayed in a Zig Zag chart can change based on changes in the underlying
plot (e.g., prices). This is the only indicator in this book where a change in
the security's price can change a previous value of the indicator. Since the
Zig Zag indicator can adjust its values based on subsequent changes in the
underlying plot, it has perfect hindsight into what prices have done. Please
don't try to create a trading system based on the Zig Zag indicator--its
hindsight is much better than its foresight!
In addition to identifying significant prices reversals, the
Zig Zag indicator is also useful when doing Elliot Wave counts.
For additional information on the Zig Zag indicator, refer
to Filtered Waves by Arthur Merrill.
Example
The following chart shows the 8% Zig Zag indicator plotted
on top of Mattel's bar chart.
<IMG height=268
src="" width=380
NOSEND="1">
This Zig Zag indicator ignores changes in prices that are
less than 8%.
Calculation
The Zig Zag indicator is calculated by placing imaginary
points on the chart when prices reverse by at least the specified amount.
Straight lines are then drawn to connect these imaginary
points.Send
BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
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 the Yahoo! Terms of Service.
|