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[amibroker] Re: PositionScore Ideas



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oops, I forgot I'm dealing with a bunch of Pro's here...

rgds, Pal
--- In amibroker@xxxxxxxxxxxxxxx, "bvandyke" <bvandyke@xxxx> wrote:
> Pal,
> 
> I'd say your Source.....looks like it's the Trading Solutions 
> Function Definition file.  Mighty close if not eh :)
> 
> Bill
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "palsanand" <palsanand@xxxx> 
wrote:
> > A Journalist never reveals his source other than the already 
known 
> > (published) ones, but you can be rest assured that it is the 
> best.  
> > 
> > I'm not a TC2000 user, though I have used demo versions of it and 
> > still may have it in my system.  
> > 
> > I have played with BOP in the past trying to use it as an 
> indicator 
> > sytem (futile attempt) but never looked at it from PositionScore 
> > point of view until I read your post.  I will be eagerly awaiting 
> > your research results based on BOP.
> > 
> > I'm now using the RSW function posted by Greg and tested by Phsst 
> > which seems to be the excellent one, so far.  All my previous 
> > attempts to find a good PositionScore criteria including 
> > PerformanceScore() posted earlier which uses the equity drawdown 
> of 
> > each underlying instrument were futile.  Though I think it can be 
> > perfected using Herman's sumOfEquitiesWL code (if I can find time 
> to 
> > do it.)  I will use this RSW until you or somebody else comes out 
> > with a better one (BOP,  sumOfEquitiesWL or something else.)
> > 
> > rgds, Pal
> > 
> > 
> > --- In amibroker@xxxxxxxxxxxxxxx, "Ken Close" <closeks@xxxx> 
wrote:
> > > Pal, thanks for this (I think :-) ).  I initially thought you 
> had 
> > messed
> > > up and copied the same section many times, but upon closer 
> reading, 
> > I
> > > see each section is slightly different than the last.
> > > 
> > > It is not clear how close this will come to the internal TC2000
> > > so-called "proprietary" indicator, nor how much time I might 
> have 
> > to do
> > > comparison tests of all of the variations.
> > > 
> > > Nonetheless, thanks for sharing it.  What was the source for 
this
> > > information if I may ask?  Also, do you have any personal 
> experience
> > > with it and the variations?   Are you a TC2000 user and have 
> thus 
> > made
> > > comparisons?  Just fishing for info that might make my research 
> a 
> > little
> > > shorter.
> > > 
> > > Thanks again,
> > > 
> > > Ken
> > > 
> > > -----Original Message-----
> > > From: palsanand [mailto:palsanand@x...] 
> > > Sent: Saturday, December 13, 2003 5:10 PM
> > > To: amibroker@xxxxxxxxxxxxxxx
> > > Subject: [amibroker] Re: PositionScore Ideas
> > > 
> > > FUNCTION: BOP: Bears Reward Based On Open Close
> > >    FORMULA: BOP_BearOpenClose
> > >    DESC: Measure the bears ability to move the closing price 
> below 
> > > the opening price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bears ability to move the closing 
> price 
> > > below the opening price relative to the trading range for the 
> day.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bears ability to move the closing 
> price 
> > > below the opening price relative to the trading range for the 
> day. 
> > > Bears are considered to be pushing the price down from its 
> opening 
> > > value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > iif((C>O),0,(O-C)/(H-L))
> > > 
> > > 
> > > FUNCTION: Balance Of Power
> > >    FORMULA: BOP
> > >    DESC: Measure the strength of bulls versus bears by 
assessing 
> > > their ability to push the price to an extreme level using a 
> reduced 
> > > calculation.
> > >    NOTES: 
> > > This function measures the strength of bulls versus bears by 
> > > assessing their ability to push the price to an extreme level 
> using 
> > a 
> > > reduced calculation.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function rates the ability of bulls and bears to move the 
> > price 
> > > by examining the high and low prices against the opening and 
> > closing 
> > > prices for each day. Bulls are considered to be pushing the 
> price 
> > up 
> > > from its opening value. Bears are considered to be pushing the 
> > price 
> > > down from its opening value.
> > > 
> > > The function value varies between -1 (bearish) and 1 (bullish).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in a moving average to detect 
> > trends 
> > > in whether price movements have been bearish or bullish. 
> Negative 
> > > values indicate that the bears have been controlling the price 
> > during 
> > > the period of the average. Positiive values indicate that the 
> bulls 
> > > have been controlling the price.
> > > 
> > > This is the reduced form of the Balance of Power function, 
which 
> is 
> > > derived from the formula presented in the article. It returns 
> the 
> > > same value as the orignal form Balance of Power function.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (C-O)/(H-L)
> > > 
> > > 
> > > FUNCTION: Balance Of Power (Original Form)
> > >    FORMULA: BOP1
> > >    DESC: Measure the strength of bulls versus bears by 
assessing 
> > > their ability to push the price to an extreme level using the 
> > > underlying calculations.
> > >    NOTES: 
> > > This function measures the strength of bulls versus bears by 
> > > assessing their ability to push the price to an extreme level 
> using 
> > > the underlying calculations.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function rates the ability of bulls and bears to move the 
> > price 
> > > by examining the high and low prices against the opening and 
> > closing 
> > > prices for each day. Bulls are considered to be pushing the 
> price 
> > up 
> > > from its opening value. Bears are considered to be pushing the 
> > price 
> > > down from its opening value.
> > > 
> > > The function value varies between -1 (bearish) and 1 (bullish).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in a moving average to detect 
> > trends 
> > > in whether price movements have been bearish or bullish. 
> Negative 
> > > values indicate that the bears have been controlling the price 
> > during 
> > > the period of the average. Positiive values indicate that the 
> bulls 
> > > have been controlling the price.
> > > 
> > > This is the original form of the Balance of Power function, 
> which 
> > is 
> > > presented in the article. It returns the same value as the 
> normal 
> > > Balance of Power function, which has been derived from this 
> formula.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > BOP_BullDaily(O,C,H,L) - BOP_BearDaily(O,C,H,L)
> > > 
> > > 
> > > FUNCTION: BOP: Bulls Reward Daily
> > >    FORMULA: BOP_BullDaily
> > >    DESC: Measure the strength of bulls for a given day by 
> assessing 
> > > their ability to push the price to an extreme level.
> > >    NOTES: 
> > > This function measures the strength of bulls for a given day by 
> > > assessing their ability to push the price to an extreme level.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function rates the ability of bulls to move the price by 
> > > examining the high and low prices against the opening and 
> closing 
> > > prices for each day. Bulls are considered to be pushing the 
> price 
> > up 
> > > from its opening value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (BOP_BullOpen(O,H,L) + BOP_BullClose(C,H,L) + BOP_BullOpenClose
> > > (O,C,H,L))/3
> > > 
> > > 
> > > FUNCTION: BOP: Bulls Reward Based On Open Close
> > >    FORMULA: BOP_BullOpenClose
> > >    DESC: Measure the bulls ability to move the closing price 
> above 
> > > the opening price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bulls ability to move the closing 
> price 
> > > above the opening price relative to the trading range for the 
> day.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bears ability to move the closing 
> price 
> > > above the opening price relative to the trading range for the 
> day. 
> > > Bulls are considered to be pushing the price up from its 
opening 
> > > value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > iif((C>O),(C-O)/(H-L),0)
> > > 
> > > 
> > > FUNCTION: BOP: Bears Reward Based On Close
> > >    FORMULA: BOP_BearClose
> > >    DESC: Measure the bears ability to move the closing price 
> down 
> > > from the high price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bears ability to move the closing 
> price 
> > > down from the high price relative to the trading range for the 
> day.
> > > 
> > > Parameters
> > > ------------------
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bears ability to move the closing 
> price 
> > > down from the high price relative to the trading range for the 
> day. 
> > > Bears are considered to be pushing the price down from its 
> opening 
> > > value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (C-L)/(H-L)
> > > 
> > > FUNCTION: BOP: Bulls Reward Based On Close
> > >    FORMULA: BOP_BullClose
> > >    DESC: Measure the bulls ability to move the closing price up 
> > from 
> > > the low price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bulls ability to move the closing 
> price 
> > up 
> > > from the low price relative to the trading range for the day.
> > > 
> > > Parameters
> > > ------------------
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bulls ability to move the closing 
> price 
> > up 
> > > from the low price relative to the trading range for the day. 
> Bulls 
> > > are considered to be pushing the price up from its opening 
value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (C-L)/(H-L)
> > > 
> > > 
> > > FUNCTION: BOP: Bears Reward Based On Open
> > >    FORMULA: BOP_BearOpen
> > >    DESC: Measure the bears ability to move the low price down 
> from 
> > > the opening price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bears ability to move the low price 
> down 
> > > from the opening price relative to the trading range for the 
day.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bears ability to move the low price 
> down 
> > > from the opening price relative to the trading range for the 
> day. 
> > > Bears are considered to be pushing the price down from its 
> opening 
> > > value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (O-L)/(H-L)
> > > 
> > > 
> > > FUNCTION: BOP: Bulls Reward Based On Open
> > >    FORMULA: BOP_BullOpen
> > >    DESC: Measure the bears ability to move the high price up 
> from 
> > the 
> > > opening price relative to the trading range for the day.
> > >    NOTES: 
> > > This function measures the bears ability to move the high price 
> up 
> > > from the opening price relative to the trading range for the 
day.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function measures the bears ability to move the high price 
> up 
> > > from the opening price relative to the trading range for the 
> day. 
> > > Bulls are considered to be pushing the price up from its 
opening 
> > > value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (H-O)/(H-L)
> > > 
> > > 
> > > FUNCTION: BOP: Bears Reward Daily
> > >    FORMULA: BOP_BearDaily
> > >    DESC: Measure the strength of bears for a given day by 
> assessing 
> > > their ability to push the price to an extreme level.
> > >    NOTES: 
> > > This function measures the strength of bears for a given day by 
> > > assessing their ability to push the price to an extreme level.
> > > 
> > > Parameters
> > > ------------------
> > > Open         The open price of the security for each given day.
> > > Close         The close price of the security for each given 
day.
> > > High          The high price of the security for each given day.
> > > Low           The low price of the security for each given day.
> > > 
> > > Function Value
> > > ------------------------
> > > This function rates the ability of bears to move the price by 
> > > examining the high and low prices against the opening and 
> closing 
> > > prices for each day. Bears are considered to be pushing the 
> price 
> > > down from its opening value.
> > > 
> > > The function value varies between 0 (no effect) and 1 (large 
> > effect).
> > > 
> > > Usage
> > > -----------
> > > This function is typically used in the calculation of the 
> Balance 
> > of 
> > > Power indicator.
> > > 
> > > Source
> > > ------------
> > > This function is based on the article "Balance of Power" by 
Igor 
> > > Livshin in the July 2001 issue of "Technical Analysis of Stocks 
> and 
> > > Commodities".
> > > 
> > > (BOP_BearOpen(O,H,L,C) + BOP_BearClose(C,H,L) + 
BOP_BearOpenClose
> > > (O,C,H,L))/3
> > > 
> > > 
> > > rgds, Pal
> > > 
> > > 
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Ken Close" <closeks@xxxx> 
> wrote:
> > > > Gary/Phsst:  now that is interesting.
> > > > 
> > > >  
> > > > 
> > > > VectorVest has a "proprietary" "Relative Strength" indicator 
> > called 
> > > RT,
> > > > which some on another list have said is approximated by C/Ref
> (C,-
> > > 65),
> > > > along with some weighting scheme.  Talk about everyone 
> drinking 
> > out 
> > > of
> > > > the same cup.
> > > > 
> > > >  
> > > > 
> > > > TC2000 has a thing called BOP (Balance of Power), but I have 
> > never 
> > > seen
> > > > an approximation of it much less a description of what it 
> > attempts 
> > > to
> > > > do. Nix that, here is something from the TC2k Help files:
> > > > 
> > > > "BOP fits into a category of devices that can be 
termed "trend 
> > > quality"
> > > > indicators. A variety of methods lead naturally to buy and 
> sell 
> > > signals.
> > > > What BOP tells you is something about the quality of the 
> > underlying
> > > > trend. Not itself a pinpoint timing indicator, BOP will 
modify 
> > your
> > > > assessment of the vital risk-reward ratio of a trade or 
> > investment. 
> > > It
> > > > will help you determine whether the supply-demand balance 
will 
> be 
> > in
> > > > your favor. It will help you spot changes of character in a 
> > stock's
> > > > action.
> > > > 
> > > > "
> > > > 
> > > > Ken
> > > > 
> > > >  
> > > > 
> > > >  
> > > > 
> > > > -----Original Message-----
> > > > From: Gary A. Serkhoshian [mailto:serkhoshian777@x...] 
> > > > Sent: Saturday, December 13, 2003 1:16 PM
> > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > Subject: Re: [amibroker] Re: PositionScore Ideas
> > > > 
> > > >  
> > > > 
> > > > Hi Phsst,
> > > > 
> > > >  
> > > > 
> > > > Thanks for that suggestion, as I'd never stumbled across it 
> > > before.  QP
> > > > has a great explaination in help which I've posted below in 
> > > addition to
> > > > my translation into AFL which just offers the raw relstr 
> numbers 
> > > which
> > > > is good enough.  If anyone wants to beautify the code with 
the 
> > > ranking
> > > > from 0 to 99, by all means tear it up.
> > > > 
> > > >  
> > > > 
> > > > Value-added as always Phsst : ).  Kind Regards, Gary
> > > > 
> > > >  
> > > > 
> > > > QRSRAW = ( (C / Ref(C,-62)) * 0.4 ) + ( (Ref(C,-63) / Ref(C,-
> > 125)) 
> > > * 0.2
> > > > ) + ( (Ref(C,-126) / Ref(C,-188)) * 0.2 ) + ( (Ref(C,-189) /
> > > > Ref(C,-251)) * 0.2 );
> > > > 
> > > >  
> > > > 
> > > > Quotes Plus Relative Strength Indicator
> > > > 
> > > > The Quotes Plus Relative Strength indicator is calculated for 
> > each 
> > > issue
> > > > each day, and becomes part of the data you download to your 
> PC. 
> > The
> > > > indicator ranks each issue in the database against every 
other 
> > > issue in
> > > > the database, based on its performance for the last 12 months.
> > > > 
> > > > Every issue is ranked from 0 to 99 so that its rank is equal 
> to 
> > the
> > > > percentage of issues that it has outperformed over the 
> previous 
> > 12 
> > > month
> > > > period. A rating of 92, for example, means that the issue has
> > > > outperformed 92% of all of the issues in the database.
> > > > 
> > > > The formula is :
> > > > 
> > > > ( Current Close / Close from 62 trading days ago ) * .4
> > > > 
> > > > + ( Close from 63 trading days ago / Close from 125 trading 
> days 
> > > ago ) *
> > > > .2
> > > > 
> > > > + ( Close from 126 trading days ago / Close from 188 trading 
> days 
> > > ago )
> > > > * .2
> > > > 
> > > > + ( Close from 189 trading days ago / Close from 251 trading 
> days 
> > > ago )
> > > > * .2
> > > > 
> > > > This value is sorted for all of the issues, and the top 1% of 
> > > issues get
> > > > a value of 99. The other issues are ranked similarly, down to 
> the 
> > > bottom
> > > > 1%, which get a value of 0. 
> > > > 
> > > >  
> > > > 
> > > >  
> > > > 
> > > > 
> > > > 
> > > > Phsst <phsst@xxxx> wrote:
> > > > 
> > > > QRS is updated daily and goes as far back as 6/1/1995 in the 
> QP2
> > > > database.
> > > > 
> > > > Just a suggestion... set aside whatever preconcieved notions 
> you 
> > may
> > > > have about this and take the time to research it and do a 
> little 
> > due
> > > > diligence. You might be glad you did. 
> > > > 
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "Al Venosa" <advenosa@xxxx> 
> > wrote:
> > > > > Thanks, Phsst. I'm a QP2 user also. But all those QP2 
> > GetExtraData
> > > > variables are not updated daily, so I don't think they would 
> be 
> > > useful
> > > > for a short-term trading system like I was talking about. 
Using
> > > > PositionScore over a modest time period, you'd get the same 4 
> > stocks
> > > > all the time, wouldn't you, or at least until they get 
updated.
> > > > Perhaps QRS gets updated weekly, so maybe that wouldn't be as 
> > bad, 
> > > but
> > > > I think I'd like something that is more reflective of the 
> trade 
> > > system
> > > > duration, in other words, something that I can update daily 
at 
> > EOD. 
> > > > > 
> > > > > 
> > > > >   ----- Original Message ----- 
> > > > >   From: Phsst 
> > > > >   To: amibroker@xxxxxxxxxxxxxxx 
> > > > >   Sent: Saturday, December 13, 2003 12:26 PM
> > > > >   Subject: [amibroker] Re: PositionScore Ideas
> > > > > 
> > > > > 
> > > > >   Al,
> > > > > 
> > > > >   My favorite is the QP2 QRS value (GetExtraData("QRS"). 
The 
> > QP2 
> > > QRS
> > > > >   value is supposed to be a 'knockoff' of the IBD RS 
ranking 
> > > score.
> > > > > 
> > > > >   I almost always get a significant boost using this 
ranking 
> > > figure as
> > > > >   as the positionscore.
> > > > > 
> > > > >   If you do not have QP2, but have any ideas about how to 
do 
> > your 
> > > own
> > > > RS
> > > > >   Rank calculation, I'd be happy to run some comparisons 
for 
> > you 
> > > (or
> > > > >   anyone else) to measure your calculated RS Rank against 
> QP2's 
> > > QRS
> > > > rank.
> > > > > 
> > > > >   Cheers,
> > > > > 
> > > > >   Phsst
> > > > >   --- In amibroker@xxxxxxxxxxxxxxx, "Al Venosa" 
> <advenosa@xxxx> 
> > > wrote:
> > > > >   > Hi, all:
> > > > >   > 
> > > > >   > I've been experimenting with variuos short term trading 
> > > systems
> > > > >   lately (average trade durations of about 2.5 days), and I 
> was
> > > > looking
> > > > >   for ideas on how best to rank a watchlist to get the best 
> > > candidates
> > > > >   for portfolio trading a basket of 4 stocks. I was 
> wondering if
> > > > anyone
> > > > >   would care to share any ideas on how you use the 
> PositionScore
> > > > >   function to rank your candidate list (using regular mode, 
> not
> > > > >   rotational mode). I've tried combinations of turnover and
> > > > volatility,
> > > > >   but I'd like to try other ideas. I'm not asking anyone to 
> > give 
> > > away
> > > > >   any secrets, and, yes, I am aware of TJ's example in the 
> help 
> > > file
> > > > >   (PositionScore = 100 -RSI());), but I was just looking 
for 
> > more
> > > > ideas.
> > > > >   I'm not even sure if this question is too vague or not. 
If 
> it 
> > > is,
> > > > I'm
> > > > >   sure you'll tell me. TIA.
> > > > >   > 
> > > > >   > Al Venosa
> > > > >   > advenosa@xxxx
> > > > >   > 
> > > > >   > 
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