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[amibroker] Indicator and Plot help



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Dimistris,

Thanks for the great links and information.  I will look, play and 
modify as I see fit.

Am I generally correct to steer clear of using ZIG/PEAK/TROUGH in 
Backtesting? (because they look into the future as discussed in the 
Amibroker help etc.)

However, is it OK to use these commands in Explorations to scan for 
recent pullbacks from a peak? - given the proviso that any signals 
would require other confirmations (using other indicators) before 
acting on any BUY signals.  It seems logical that if the exploration 
returns a chart where you can visually identify the recent peak and 
pull back - it would seem safe to assume it is a valid (local/recent) 
peak.  Of course you couldn't assume that a trough had formed.

Regards,

Graeme OSwin


--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> 
wrote:
> Graeme,
> See
> http://finance.groups.yahoo.com/group/amibroker/message/49751, 
Oct16, 
> 2003
> http://finance.groups.yahoo.com/group/amibroker/message/17601, 
May20, 
> 2002
> See also
> http://www.amibroker.com/members/traders/11-2003.html
> 
http://www.traders.com/Documentation/FEEDbk_docs/Archive/112003/Abstra
> cts_new/Raftopoulos/raft.html
> 
http://www.traders.com/Documentation/FEEDbk_docs/Archive/112003/Trader
> sTips/TradersTips.html
> Dimitris Tsokakis
> --- In amibroker@xxxxxxxxxxxxxxx, "graeme_oswin" <goswin@xxxx> 
wrote:
> > Dear all,
> > 
> > I am trying to develop a system that, amongst other things, buys 
on 
> > pull back from a recent peak and following a trough bounce within 
> the 
> > last couple of days.
> > 
> > However,  I am confused about the correct use of the PEAK and 
> TROUGH 
> > commands.  I understand they potentially look into the future.
> > 
> > Under what circumstance can you reliably use PEAK and TROUGH to 
> > identify swings?
> > 
> > Is there a better (more reliable) way to identify recent peaks 
and 
> > trough?
> > 
> > Regards,
> > 
> > Graeme Oswin



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