[amibroker] Summation Indices

["Steve Dugas" <sjdugas@xxxxxxxxxxx>]

Hello,
 
For those that like the McClellan SI, I have 
written some code to create Summation Indices for each industry/sector/market. I 
used Steve A's formula ( thanks Steve! ), and modified it a little to include 
unchanged issues. No backtester code, but it will work in Explorer and IB. It 
automatically displays correct industry/sector/market when you change stocks. 
Includes adjustable smoothing and interpretation chart that shows how many 
stocks make up the indices you are looking at. I have not fully determined 
how useful they will be, but in some cases they seem to work better than 
the standard MSI, other cases seem worse  ( what a surprise, eh? 
).
 
There are 2 "composite" files that create the 
required composites. These should be run first - run one against all 
stocks, the other against the watchlist containing your universe ( I wasn't 
sure which might work better, so I figured I would inclue 
both and see) . Once the composite tickers are created, you can 
use the I-S-M file in AA or IB. Happy trading!
 
Steve






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