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Re: [amibroker] Re: McClellan Summation



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At 04:33 PM 9/26/2003 -0700, you wrote:

How do I place those initial entry (Summation number) in the AFL script so 
I can read them off my charts and are very close to Sherman McClellans 
daily numbers?

I may have to revise those if necessary if I use the traditional system of 
Sherman McClellan.

Thanks!

run <run_for_your_life2003@xxxxxxxxx> wrote:
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:
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
----- Original Message -----
From: <mailto:run_for_your_life2003@xxxxxxxxx>run_for_your_life2003
To: <mailto:amibroker@xxxxxxxxxxxxxxx>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 <mailto:amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx, "Steve 
Almond" <<mailto:steve2@x>steve2@xxxx> 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
> 
<http://stockcharts.com/charts/indices/McSumNYSE.html>http://stockcharts.com/charts/indices/McSumNYSE.html
>
>         NAZ
> 
<http://stockcharts.com/charts/indices/McSumNASD.html>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
>         > <http://mail.giantcompany.com/>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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