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[amibroker] Re: Dimitris... QQQ Trendline Support again



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Sorry, I multiplied everything by 10 !!
My coeff are from 0.01 to 0.008
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> 
wrote:
> Phsst,
> no bother at all !!
> I'm glad to talk about it.
> [I use coeff 0.1 or 0.08, what is your favorite ?]
> Similar calculations may be done for the Resistance line.
> Dimitris Tsokakis
> --- In amibroker@xxxxxxxxxxxxxxx, "Phsst" <phsst@xxxx> wrote:
> > Dimitris,
> > 
> > Perfect example. I'll work with it and 'shore it up' with some
> > graphics changes and do some backtesting with it. I should have 
> worked
> > with it before now so that I didn't bother you with it again.
> > 
> > Thanks,
> > 
> > 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


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