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Re: [amibroker] McClellan Summation



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For anyone interested, this gives the correct plot shape (but is not ratio 
adjusted - I'm working on that...).
Also the description in Stockcharts is wrong (bracket in the wrong place). 
Use these symbols from eSignal  $ADV + $DECL for NYSE and $ADVQ + $DECLQ 
for Nasdaq:
 

a=Foreign(<FONT 
color=#ff00ff size=1>"$ADV",<FONT color=#ff00ff 
size=1>"C");
d=Foreign(<FONT 
color=#ff00ff size=1>"$DECL",<FONT color=#ff00ff 
size=1>"C");
t5=EMA(a-d,<FONT 
color=#ff00ff size=1>39);
t10=EMA<FONT 
size=1>(a-d,19);
Summ = 1000<FONT 
size=1>+(<FONT 
size=1>(t10-t5)-(10<FONT 
size=1>*t10)+(20<FONT 
size=1>*t5));
Plot(Summ,"Summation 
NYSE",1<FONT 
size=1>,1); 
 
Steve
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=steve2@xxxxxxxxxxxxxxxxxxxx 
  href="">Steve Almond 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Saturday, September 20, 2003 
  09:22
  Subject: [amibroker] McClellan 
  Summation
  
  Does anyone know how to reproduce the Summation index in Amibroker, using 
  data from one of the free sources via Amiquote?
   
  Here is a description from Stockcharts:
   
  
  Summation Index =    1000 + (10%Trend - 5%Trend) 
  - ((10 x 10%Trend) + (20 x 
  5%Trend))where:    5%Trend = 39-day EMA 
  of (Advancers-Decliners)    10%Trend = 19-day 
  EMA of (Advancers-Decliners)
   
  Steve
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    <A title=run_for_your_life2003@xxxxxxxxx 
    href="">run_for_your_life2003 
    
    To: <A title=amibroker@xxxxxxxxxxxxxxx 
    href="">amibroker@xxxxxxxxxxxxxxx 
    Sent: Saturday, September 20, 2003 
    05:26
    Subject: [amibroker] Re: Does this 
    appeal? (Quote Editor)
    Just keep your eyes on the McClellan and Summation 
    Indexes.This market is trending back up right now!This is the 
    direction of the market at the moment!I think it will trend down in 
    October after the summation tops out.NYSE<A 
    href="">http://stockcharts.com/charts/indices/McSumNYSE.htmlNAZ<A 
    href="">http://stockcharts.com/charts/indices/McSumNASD.htmlEven 
    though the market acts strange here...I have leaned to "always trade in 
    the direction of the Summation Index"....because its always right from 
    all the years I have been exposed to the market.Yes, The bear market of 
    2000 kept me out of the market by folowing and watching this index very 
    closely. When the Summation index went down I went "short" from the tops 
    and long when it turned by getting "in" and "out" of QQQ.If your 
    adjustments numbers are correct on the summation if it goes through the 
    zero line "get out" of your stock and go "short" QQQ.Don't ever 
    "short" QQQ when the NAZ Summation is moving up! Your bound to loose 
    money since you are "swimming against the tide".--- In 
    amibroker@xxxxxxxxxxxxxxx, "Richard Harper" <rdharper@xxxx> 
    wrote:> Yuki;> > The two screens are useful for a 
    lot of cases btw.  Not expensive to do.> > This is a 
    strange market.  All the indices are down, and all my stocks are 
    up.  That has NEVER happened to me before.  Of course the day 
    is not quite over.  > > Good hunting to you Taga 
    Yuki.> > Richard> > > 
    -------------------------------------------------------------------------> 
    FIGHT BACK AGAINST SPAM!> Download Spam Inspector, the Award Winning 
    Anti-Spam Filter> <A 
    href="">http://mail.giantcompany.com> 
    > >   ----- Original Message ----- 
    >   From: Yuki Taga >   To: Richard Harper 
    >   Sent: Wednesday, September 17, 2003 3:14 
    PM>   Subject: Re: [amibroker] Re: Does this appeal? (Quote 
    Editor)> > >   Hi Richard,> 
    >   Thursday, September 18, 2003, 6:51:45 AM, you 
    wrote:> >   RH> gives you two screens. > 
    >   RH> Thus, the case you site will allow putting 
    Amibroker on one>   RH> screen and the other app to be 
    patched to on the second screen,>   RH> presumably a 
    spreadsheet.> >   RH> There are other handy 
    reasons to run two screens while>   RH> 
    daytrading.  Note the "pros" run 3-5 screens.   Saves  
    time.> >   Thanks Richard.  I *am* a 
    "pro".  ^_-> >   That might be one solution 
    (running more than one screen), but I>   really don't think 
    it should be necessary.  There is a Quote 
    Editor>   for a reason (to change a quote, or add a 
    quote, or modify a quote).>   Almost without exception, 
    I'll wager, the information to be input>   into the Quote 
    Editor is going to be from information displayed on>   
    the computer screen.  The inability to focus the Quote Editor 
    over>   that information to be input is something that 
    doesn't seem to have>   been particularly well thought 
    out.  That makes it rather exceptional>   as 
    regards AB, but doesn't make it any less true.  ^_^> 
    >   Another user asked why one would want to enter or 
    adjust quotes>   manually when it can be done 
    automatically.  Aside from the obvious>   answers, 
    I guess that would be the genesis of an argument for not>   
    having a Quote Editor at all, then.  ^_^> >   
    Yuki> > 
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