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Re: [amibroker] Re: McClellan Summation



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I've no idea where you get your figure from. Which index are 
you following? Are you using the ratio adjusted formulae I posted?
 
Try looking at the Stockcharts links posted 
earlier.
 
I use eSignal for my A/D data.
 
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: Friday, September 26, 2003 
  19:30
  Subject: [amibroker] Re: McClellan 
  Summation
  Wher do I place the summation index initial 
  value?yesterday reading 9/25/03 was +3502.90.It graph needs to be in 
  sync with the real number +3502.90 or close with this number.I use 
  yahoo download to get the Advance Decline values what do I need to change 
  in the script here?--- In <A 
  href="">amibroker@xxxxxxxxxxxxxxx, "Steve 
  Almond" <steve2@x...> wrote:> and 
  finally. If you backtest the Summation index - results are pretty average, 
  just like many of these systems.> > Steve>   
  ----- Original Message ----- >   From: Steve Almond 
  >   To: amibroker@xxxxxxxxxxxxxxx >   Sent: 
  Saturday, September 20, 2003 12:24>   Subject: Re: 
  [amibroker] McClellan Summation> > >   Excuse 
  the 'dribs & drabs' approach. Here are the ratio adjusted 
  formulae:> >   a=Foreign("$ADV","C");> 
  >   d=Foreign("$DECL","C");> >   
  //t5=EMA(a-d,39);> >   //t10=EMA(a-d,19);> 
  >   t5=EMA((a-d)/(a+d),39);> >   
  t10=EMA((a-d)/(a+d),19);> >   Summ = 
  1000*((t10-t5)-(10*t10)+(20*t5));> >   
  Plot(Summ,"Summation NYSE",1,1); > > > 
  >   Steve> >     ----- 
  Original Message ----- >     From: Steve Almond 
  >     To: amibroker@xxxxxxxxxxxxxxx 
  >     Sent: Saturday, September 20, 2003 
  12:17>     Subject: Re: [amibroker] McClellan 
  Summation> > >     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 + $DECLQ for 
  Nasdaq:> >     
  a=Foreign("$ADV","C");> >     
  d=Foreign("$DECL","C");> >     
  t5=EMA(a-d,39);> >     
  t10=EMA(a-d,19);> >     Summ = 
  1000+((t10-t5)-(10*t10)+(20*t5));> >     
  Plot(Summ,"Summation NYSE",1,1); > > > 
  >     Steve> 
  >       ----- Original Message ----- 
  >       From: Steve Almond 
  >       To: 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> 
  >         ----- Original 
  Message ----- >         From: 
  run_for_your_life2003 >         
  To: 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.html> 
  >         
  NAZ>         <A 
  href="">http://stockcharts.com/charts/indices/McSumNASD.html> 
  >         Even 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>         > 
  >         > 
  >         
  >         Yahoo! Groups Sponsor 
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