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Re: [amibroker] Re: McClellan Summation



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You might find this interesting:
<A 
href="">http://www.decisionpoint.com/chartspotlitefiles/030516_summation.html
 
Steve
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=run_for_your_life2003@xxxxxxxxx 
  href="">run 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Friday, September 26, 2003 
  21:28
  Subject: Re: [amibroker] Re: McClellan 
  Summation
  
  I get my Summation number directly off Sherman McClellans website.
   
  The Advance  Decline numbers he uses are directly off the New York 
  Stocks Exchange.
  Yahoo  A / D numbers are not always correct but I can verify 
  those numbers for correctness  in  Barrons  newspaper each 
  week.
   
  I usually check Barron's for verification of any data each week if I'm 
  not too sure of the source of data is reliable.
  Steve Almond <steve2@xxxxxxxxxxxxxxxxxxxx> 
  wrote:
  <BLOCKQUOTE class=replbq 
  >
    
    

    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 
      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>         > 
      >         > 
      >         
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