|
PureBytes Links
Trading Reference Links
|
<As for your second question, do not forget the other interpretation,
a "touch" is ideal for a bearish breakout...>
Forgot to respond to above...
a "touch" is also ideal for a bullish bounce...
Phsst
--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
wrote:
> Phsst,
> Since we know [http://www.amibroker.com/library/detail.php?id=105]
> the support line equation
> trendlineS = aS * ( x -endt ) + bS;
> we may explore with
> filter=abs(L-trendlineS)<coeff*L
> and see the probable "touch".
> Coeff values between 0.01 and 0.02 give an idea.
> Here is an example
>
> per=3;// calibrate
> x = Cum(1);
> s1=L;
> s11=H;
> pS = TroughBars( s1, per, 1 ) == 0;
> endt= LastValue(ValueWhen( pS, x, 1 ));
> startt=LastValue(ValueWhen( pS, x, 2 ));
> dtS =endt-startt;
> endS = LastValue(ValueWhen( pS, s1, 1 ) );
> startS = LastValue( ValueWhen( pS, s1, 2 ));
> aS = (endS-startS)/dtS;
> bS = endS;
> trendlineS = aS * ( x -endt ) + bS;
> Coeff=0.01;// calibrate
> F=abs(L-trendlineS)<Coeff*L;
> AddColumn((abs(L-trendlineS))/L,"Coeff",1.3);
> Filter=f;
>
> Select your Coeff and explore.
> As for your second question, do not forget the other interpretation,
> a "touch" is ideal for a bearish breakout...
> Dimitris Tsokakis
> --- In amibroker@xxxxxxxxxxxxxxx, "Phsst" <phsst@xxxx> wrote:
> > Dimitris,
> >
> > A few weeks ago we exchanged some trendline dialogs when the QQQ's
> had
> > hit trendline support.
> >
> > I made the QQQ trade a day or two late on (10/02), but still made a
> > nice profit.
> >
> > Well, the Q's are bouncing around the lower support trendline again.
> >
> > The only way I can figure to play it is to buy 'at support' again.
> >
> > I now have a collection of 'trendline' indicators (from you and
> > others) that I intend to convert into explores that will find these
> > opportunities for me. But the 'Pattern Recognization' afl did not
> pick
> > up on the Q's tonight.
> >
> > Just wanted to mention this to you to see if you might be as curious
> > as me about trying to trigger a signal on such a strong signal.
> >
> > Phsst
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Rent DVDs Online - Over 14,500 titles.
No Late Fees & Free Shipping.
Try Netflix for FREE!
http://us.click.yahoo.com/vhSowB/XP.FAA/3jkFAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|