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[amibroker] Re: An interesting Buy signal



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Dimitris,
When it comes to finding the sell condition I think it is covered in 
the article behind the link you provided the other day:

http://www.futuresmag.com/library/daytrade97/day10.html

In that article tom DeMark comments both buy and sell conditions. I 
have only read the article very fast, but I guess it's pretty much 
the same reasoning, but opposite, for sell.

John

--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> 
wrote:
> You may find more details/techniques/strategies at
> http://www.tomdemark.com/indin.htm
> TD Sequential [a Tom DeMark trade mark] was the starting point of 
my 
> study. The basic rule was good for the ultra bearish period 2000-
2002.
> The market has changed and the basic signals became rare. [A 
similar 
> behavior was detected for my D-ratio. It was very sensitive for 
more 
> than two years, but without signals the last year or so...]
> The arrangement I posted yesterday seems to work even in the recent 
> bullish period [without loosing the main signals of the bearish 
years]
> Give me some time to search some more variations [I will not stay 
in 
> this C<Ref(C,-3), it may be also generalised] and come back with 
the 
> results.
> Before this research, let me repeat a question : Do we search for a 
> mirror Sell condition, something like a C>Ref(C,-3) sequence ?
> This would imply similar market behavior when up and when down. I 
am 
> not convinced for the truth of the last statement.
> Any opinions appreciated.
> Dimitris Tsokakis
> 
> --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> > Hi Dave & DT,
> > 
> > Friday, August 29, 2003, 10:13:36 PM, you wrote:
> > 
> > DM> seems to catch a lot of nice short-term buys. misses some that
> > DM> look "bigger" than ones it catches though. to put it 
> differently,
> > DM> I might want to be long if it was in a buy, but I wouldn't 
want
> > DM> to be short if it wasn't (:-).
> > 
> > Yes, it catches pull backs in rising markets quite well.  It 
appears
> > not in any way to suggest shorting, ever, though.  But seems to 
be a
> > nice pullback indicator for uptrends.
> > 
> > DM> we need the mathcing exit strategy!
> > 
> > That would be nice, along with both an exit strategy for a bad
> > signal, and a re-entry for times when that is applicable.  Some 
of 
> my
> > best trades are trades that I enter 2 or 3 times before I get the
> > move I'm looking for.  I have little or no tolerance for losers, 
so
> > when it coughs or hiccups, I'm gone. But I've also learned over 
the
> > years to keep a very very close eye on those situations, as they
> > often reverse once again only to finally take off in the direction
> > first anticipated, right after they've knocked out people like me 
> who
> > have no tolerance for losers. They don't always come back of 
course,
> > and this is why I'm gone right away in the first place.  But 
there 
> is
> > little more frustrating that getting knocked out and then watching
> > from the sidelines as the thing reverses and goes in your 
direction
> > -- without you.  You've got to get back in, both from a monetary 
and
> > psychological standpoint.
> > 
> > Yuki


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