|
PureBytes Links
Trading Reference Links
|
The line
AddToComposite("~count","v");
should be corrected to
AddToComposite(1,"~count","v");
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx>
wrote:
> A quick interpretation :
> The series of the last 5 red candles is interrupted.
> The selling pressure is over.
> The market will try to build up a new [bullish] trend.
> Dimitris Tsokakis
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Thursday, February 05, 2004 12:58 PM
> Subject: The last [dangerous but profitable] days of a trend
>
>
> We often see in the N100 group trendy periods. The market is easily
going higher and higher.
> More and more buyers "understand" that something is going on and
gradually decide what they were afraid yesterday :
> To step in, not to loose the party.
> The last days are the most profitable, if your entry is old and the
most dangerous if your entry is young.
> The green candles indicate the mature phase of the uptrend, we
should be ready to pull the Sell trigger immediately.
> The red candles work for the Short side.
> I think it is another way to avoid the usual but crucial mistake of
the delayed entry.
> For the whole N100 market scan all stocks, all quotations with
>
> n1=19;n2=39;
> p1=OscP(n1,n2);p2=OscP(n1+1,n2+1);
> OscDiff=100*(p1-p2);
> AddToComposite(Oscdiff>0,"~Positive","v");
> AddToComposite(Oscdiff<=0,"~Negative","v");
> AddToComposite("~count","v");
> Buy=0;
>
> to see how many stocks have positive OscDiff [a characteristic
bullish property].
> The rest are negative and express the bearish mood.
>
> After the composites creation plot in IB the
>
> pos=100*Foreign("~positive","v")/Foreign("~count","v");
> neg=100*Foreign("~negative","v")/Foreign("~count","v");
> Plot(pos,"pos",5,1);Plot(neg,"neg",4,1);
> Color=(pos>=neg AND pos>Ref(pos,-1))*42+(neg>=pos AND neg>Ref(neg,-
1))*31+1;
> // Plot(C,"",Color,64);
>
> to see the indicators and the
>
> SetForeign("^NDX");
> pos=100*Foreign("~positive","v")/Foreign("~count","v");
> neg=100*Foreign("~negative","v")/Foreign("~count","v");
> // Plot(pos,"pos",5,1);Plot(neg,"neg",4,1);
> Color=(pos>=neg AND pos>Ref(pos,-1))*42+(neg>=pos AND neg>Ref(neg,-
1))*31+1;
> Plot(C,"",Color,64);
>
> to have an easy reference for the last bullish/bearish days.
> The advice of the att. gif is simple : do not buy after day2, the
last 8 green candles are over.
> If you are on the short side, avoid increasing your position after
day1, the series of red candles is interrupted.
> Dimitris Tsokakis
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/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
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|