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I too am interested in trendline crossovers and
breakouts. I don't know a thing about the Midas system however. I
have, thanks to a friend,
an AFLroutine for using manually applied AB
trendlines and using them internally to detect Support/Resistance, trendline
cross overs etc.
Demitris had multiple notes with accompanying AFL
for breakouts and I use one version of this to good success. These
were all programatic and did not depend one
drawing the break out lines. With these
mechanics there has to go strategies.
Let me know where I can research the system you are
refering to. (haven't done a search yet and expect I'll find something on
the web on it)
Best regards
JOE
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Rakesh
Sahgal
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, April 10, 2004 12:58
AM
Subject: Re: [amibroker] Breakout
Patterns
Digressing from tthe original thread, has anyone ever done any work on
the MIDAS system of Paul(if i am not mistken) Levine in AFL. AB has the
ability to remember trendlines and give signals on TrendLine crossovers.
Midas SR lines have to be setup manually. What I am getting at is, if it
is possible to setup MIDAS SR lines manually( a la trend lines) and
make AB remember them and give a signal on crossover it is a vey powerful
tradinhg aid.Such crossovers can then be found out using the exploration
feature of AB.
I did some work on MIDAS SR lines in MS and can dig up the formula for
some one needing a starting point.
Lets see if I can meet any people interested in the Midas SR
system.
Rakesh
mrdavis9 <mrdavis9@xxxxxxxxxx> wrote:
<BLOCKQUOTE class=replbq
>
I am addicted to AFL. I am sending a
chart to illustrate this email.
I am hoping that some of you have
observed chart patterns that you would like to be able
to find with an Amibroker Exploration.
I would like for the group to try to
develop AFL explorations to find chart patterns that some of you have
observed sometimes result in very nice breakouts.
I am inviting any and all of you to
send chart attachments to this AmibrokerNT yahoo
group.
All that you have to do is identify on the
chart the location of the breakout that you are interested in,
and, as a group, can develop explorations for these breakout
patterns.
It doesn't matter in the beginning if I am the only one to
attempt coding for these breakouts, I still would like to see charts
submitted to work on. As I stated above, I am addicted to
AFL. Later Ron DSend BUG REPORTS to
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