[amibroker] Exploration Results: A visual interpretation

["DIMITRIS TSOKAKIS" <TSOKAKIS@xxxxxxxxx>]

Is Cross(MACD(),Signal()); a safe Buy condition ?
For a positive answer we should see oversold prices in the basic 
indicators.
The exploration

Filter=Cross(MACD(),Signal());//the Buy Condition
AddColumn(StochD(),"StochD");
AddColumn(RSI(),"RSI");

will give the RSI() and StochD() values for the Cross day.
Since it is not always easy to search among the columns, here is a 
visual interpretation:
We may plot the CondRSI and the CondSTOCHD values in the same chart.

//Exploration Results Graph, by D. Tsokakis, March2003
Cond=Cross(MACD(),Signal());//the Buy Condition
CondRSI=ValueWhen(Cond,RSI());
CondSTOCHD=ValueWhen(Cond,StochD());
num=LastValue(Cum(Cond));L1=LastValue(Cum(1))-1;
j=L1-num+1;g1=0;g2=0;
for(i=0;i<BarCount;i++)
{
if(Cond[i]==1)
{
g1[j]=CondRSI[i];
g2[j]=CondSTOCHD[i];
j=j+1;
}
}
Plot(30,"",1,1);
Plot(50,"",1,1);
Plot(70,"",1,1);
Plot(g2,"CondSTOCHD",colorRed,styleThick);
Plot(g1,"CondRSI",colorWhite,styleArea);
Filter=Cond;
AddColumn(CondRSI,"CondRSI");
AddColumn(CondSTOCHD,"CondSTOCHD");

We will recognize at a glance many RSI and/or StochD values quite far 
from the o/s area.
Dimitris Tsokakis



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