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Re: [amibroker] Help with formula



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Henry:
 
First of all, for going short, you don't use the AB function "sell". You 
use "short". "Sell" closes out the long position, which was entered using the 
"Buy" function. To go short, you use "Short" and to close out the short, you use 
"Cover." 
 
Second, to use the same type of expression to go short, you need not repeat 
the Optimize statements as long as you continue to use the same coefficients n1, 
n2, and n3. Once they are defined, there is no need to repeat them again. Your 
Cond1 statement for short is correct (the only difference from the long entry is 
the PDI<MDI). However, you should distinguish the long Cond1 from the Short 
Cond1 by specifying Cond1L and Cond1S, otherwise AB uses the last one only, and 
you will never go long. 
 
Third, the Optimize statements use four arguments: 
n1=Optimize("n1",15,12,20,1) means n1 is to be optimized starting with 12 and 
ending with 20 in increments of 1. The default is 15. This is explained more 
fully in the help file. If you optimize all 3 variables at the same time, it 
will take 9*13*10 or 1170 steps. If you want to shorten the computer time, you 
can increment in larger steps (like 2 or 3 rather than 1), then narrow down 
later. After you optimize, you replace the default number with the optimized 
number to run backtests. So, if you find that 20 is the optimized result for 
buying and shorting, then you replace the number 15 with 20 before you do any 
backtesting.
 
Finally, to answer your 3rd question, ADX() has a value that is calculated 
every day. So, if you specify that ADX() today must cross above yesterday's 
ADX() value times a coefficient in order to assign 1 to the buy statement (i.e., 
to generate a buy signal), then you can use the cross statement as specified in 
the example.
 
Does this answer your questions? Good luck.
 
Al Venosa 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=henry_chau@xxxxxxxxxxxxxxx 
  href="">Henry Chau 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Friday, August 29, 2003 4:47 
  PM
  Subject: Re: [amibroker] Help with 
  formula
  
  Thanks Jason + Al Venosa,
   
  Thanks Jason for the formula : that's exactly 
  what I want , just a slight correction about cond2
   
  
  Cond1=PDI<FONT color=#000000 
  size=1>(14<FONT color=#000000 
  size=1>)>MDI<FONT color=#000000 
  size=1>(14<FONT color=#000000 
  size=1>);
  Cond2=Cross<FONT color=#000000 
  size=1>(ADX<FONT color=#000000 
  size=1>(14<FONT color=#000000 
  size=1>),MDI<FONT color=#000000 
  size=1>(14<FONT color=#000000 
  size=1>));
  Cond3=Cond1 AND Cond2;
  Filter=cond3;
  AddColumn(cond3,<FONT 
  color=#ff00ff size=1>"My Test");
  Buy=Cond3;
  Thanks Al Venosa for your input , I like your use 
  of ADX system . Can you please comment if I understand it correctly
  BUY SIGNAL / LONG <FONT color=#000000 
  size=1>
  n1=Optimize<FONT color=#000000 
  size=1>("n1"<FONT color=#000000 
  size=1>,15<FONT color=#000000 
  size=1>,12<FONT color=#000000 
  size=1>,20<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>); //number that ADX must be less 
  than
   
  n2=Optimize<FONT color=#000000 
  size=1>("n2"<FONT color=#000000 
  size=1>,18<FONT color=#000000 
  size=1>,10<FONT color=#000000 
  size=1>,22<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>); //period of ADX, PDI, and MDI
   
  n3=Optimize<FONT color=#000000 
  size=1>("n3"<FONT color=#000000 
  size=1>,0.4<FONT color=#000000 
  size=1>,0.1<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>,0.1<FONT color=#000000 
  size=1>); //fraction of uptick move
   
  Cond1=PDI<FONT color=#000000 
  size=1>(n2)>MDI<FONT color=#000000 
  size=1>(n2) AND ADX<FONT 
  color=#000000 size=1>(n2) < n1 AND <FONT color=#0000ff 
  size=1>ADX(n2) > n3*<FONT 
  color=#0000ff size=1>Ref(<FONT 
  color=#0000ff size=1>ADX(n2),-<FONT 
  color=#ff00ff size=1>1);
  Buy=Ref<FONT color=#000000 
  size=1>(Cond1, -1<FONT color=#000000 
  size=1>);
  SELL SIGNAL / SHORT<FONT 
  color=#000000 size=1>
  n1=Optimize<FONT color=#000000 
  size=1>("n1"<FONT color=#000000 
  size=1>,15<FONT color=#000000 
  size=1>,12<FONT color=#000000 
  size=1>,20<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>); //number that ADX must be less 
  than
  n2=Optimize<FONT color=#000000 
  size=1>("n2"<FONT color=#000000 
  size=1>,18<FONT color=#000000 
  size=1>,10<FONT color=#000000 
  size=1>,22<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>); //period of ADX, PDI, and MDI
   
  n3=Optimize<FONT color=#000000 
  size=1>("n3"<FONT color=#000000 
  size=1>,0.4<FONT color=#000000 
  size=1>,0.1<FONT color=#000000 
  size=1>,1<FONT color=#000000 
  size=1>,0.1<FONT color=#000000 
  size=1>); //fraction of uptick move
   
  Cond1=PDI<FONT color=#000000 
  size=1>(n2)<MDI<FONT color=#000000 
  size=1>(n2) AND ADX<FONT 
  color=#000000 size=1>(n2) < n1 AND <FONT color=#0000ff 
  size=1>ADX(n2) > n3*<FONT 
  color=#0000ff size=1>Ref(<FONT 
  color=#0000ff size=1>ADX(n2),-<FONT 
  color=#ff00ff size=1>1);
  Sell=Ref<FONT color=#000000 
  size=1>(Cond1, -1<FONT color=#000000 
  size=1>);
  Please explain further what the numbers in 
  the optimize ("n",?,?,?,?) refer to why is there 4 numbers? 
  And from your post
  "If you prefer using Cross, you can modify Cond1 to:
  
  Cond1=PDI(n2)>MDI(n2) and ADX(n2) < n1 AND <FONT 
  color=#0000ff>Cross(ADX(n2), n3*ref(ADX(n2),-1));<FONT 
  color=#000000>"
  I don't understand Cross(ADX(n2), n3*ref(ADX(n2),-1)) 
  . How can you have a cross if there is only one ADX 
  line ? Sorry about my poor understanding of AFL.
   
  Also If I want to add a condition to the above Buy Search by only looking 
  for stocks which has been in consolidation for "x" days that is ADX < 15 or 
  20 for x days , how do I add the code?
   
  Thanks again for your input guys
   
  Cheers
   
  HenrySend 
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