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Mark,
there is an exploration at
http://www.amibroker.com/library/detail.php?id=105
including triangles.
The code is a bit old but it works.
If there is any problem with this, please let me know.
Dimitris Tsokakis
>
> ----- Original Message -----
> From: "quanttrader714" <quanttrader714@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Thursday, November 20, 2003 1:45 PM
> Subject: [amibroker] Re: Enhanced H&S pattern, I [the false
readings] -- For
> DT
>
>
> Hi DT,
>
> One pattern I trade (when I notice it) is the ascending triangle. I
> have your pattern recognition exploration which includes it, but
never
> seem to be able to find any. Would love to be able to scan for
> candidates to review. Any ideas on how to make the code more
> "liberal" or just some simple code for only the ascending triangle
> that I could play with and adjust? I looked at what you coded in
the
> exploration and must admit I don't follow it. Thanks!
>
> Mark
>
> --- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS"
<TSOKAKIS@xxxx>
> wrote:
> > --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> > > Hi DT,
> > >
> > > Thursday, November 20, 2003, 7:58:12 PM, you wrote:
> > >
> > > >> 2) The right shoulder is slightly higher than the left
> shoulder.
> > > >> That's a no-no for me. It should be no higher than, and
> ideally
> > > DT> just
> > > >> a touch lower than, the left shoulder. (Yes, I'm picky.)
^^_^^
> > >
> > > DT> But you speak for a 37.36 vs 37.75, ie an 1% difference ????
> > >
> > > I can't help it. ^_^ I noticed it right away.
> > >
> > > >> 3) A touch of the neckline is a touch of a *support* line.
> > While a
> > > >> H&S is generally a bearish formation, it is not really
bearish
> > until
> > > >> you get a clean, confirmed break of that neckline. This one
> has
> > no
> > > >> clean break. I would say a clean break is at least one bar
> with
> > the
> > > >> high lower than the neckline. Until that happens, it's a
> support
> > > >> line, even in a rather bearish formation. Penetration is NOT
> > > >> guaranteed by the formation itself. Maybe people
> misunderstand
> > > DT> this,
> > > >> and that's why so many claim the formation is worthless. Any
> > > >> formation is worthless if you don't play by the rules. ^_-
> > >
> > > DT> But, you shorted ^N225 3 bars b e f o r e the [unknown for
> this
> > > DT> moment neckline breakout], donīt you remember ??
> > >
> > > Sure I remember. ^_^ But I was not playing for a neckline
> > breakout.
> > > I was playing for a fall to the neckline. I got it. It was a
> > normal
> > > swing type play I think. I saw the bounce rolling over, and I
> took
> > > the short.
> > >
> > > At the time I took the shorts, and even before, I had a vision
of
> a
> > > H&S setting up. But to be sure, I didn't take those shorts
> > *because*
> > > of any H&S. I took them because price was rolling over, and the
> > > overall formation spoke of price weariness.
> > >
> > > DT> The question that began this thread is what do we do 2-3
bars
> b
> > e f o
> > > DT> r e the neckline touch.
> > >
> > > If you see it setting up, why would you not short the right
> > > shoulder's rollover? The obvious answer is, "How much room do
you
> > > have before you hit support"? I had plenty of room, and one
> reason
> > I
> > > had that room was that the neckline was horizontal.
> > >
> > > Now look at BA again. Short the breakdown on 10/21, and you
have
> a
> > > profitable swing. It's not much though, because the neckline is
> > > rising left to right. So you get a bar or two, and you better
be
> > > nimble about getting out.
> > >
> > > DT> IMO, BA is a typical whipsaw example.
> > >
> > > IMO, BA is not an example to get very excited about. As I say,
I
> > > didn't even see it until your code forced me to.
> > >
> > > DT> This would be a good end of this thread: A H&S is what we
see
> > as a
> > > DT> H&S and nothing more. I tried [unsucessfully] to introduce
> some
> > > DT> objective criteria following your [respectable] personal
> > vision, but
> > > DT> it is the moment I give up.
> > >
> > > It's okay DT. Really. I think it is probably Mission
Impossible
> > > anyway.
> > >
> > > >> (One of the great keys to successful swing trading --
> especially
> > > >> short trading -- is figuring out how many got in how much
> trouble
> > > >> exactly where. This is what made the ^225 H&S "predictable"
> > before
> > > >> it fully formed, IMO.)
> > >
> > > DT> Shall we add this "how many got in how much trouble exactly
> > where" in
> > > DT> H&S criteria ? You should be kidding...
> > >
> > > No, no, no. ^_^ Just a general comment on trading, that's all.
> It
> > > was clear some people were in trouble here in Tokyo, and if it
was
> > > clear to this girl, it was also clear to people with a lot more
> > money
> > > who can really make things happen. I think they did.
> > >
> > > DT> Thank you for your opinions, I give up at this critical
point.
> > > DT> Dimitris Tsokakis
> > >
> > > Thanks for your hard work DT. I hope you are not angry at me.
I
> do
> > > appreciate all (and I marvel at your coding ability), but I do
> think
> > > this type of thing has to be so obvious we don't need to code
it.
>
> > As
> > > I said, it's kind of an analog thing (Left brain? Right
brain? I
> > > can never remember which one I'm using, or supposed to be
using).
> > > ^^_^^
> > >
> > > Best,
> > >
> > > Yuki
> >
> > King Gelon said to Archimedes : Even if you calculate the number
of
> > the sans grains to fill the whole universe, it will be impossible
> to
> > say it, we do not have such great numbers in our [math or not]
> > language.
> > Archimedes did the calculation first and then [that simple for
him]
> > created out of the blue a new counting system to express his own
> > solution.
> > [http://physics.weber.edu/carroll/Archimedes/sand.htm
> > http://www.etext.org/Zines/Critique/article/reckoner.html
> > etc etc]
> > It was probably one of the first "never say never" . Myriads
> > followed...
> > Dimitris Tsokakis
>
>
>
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