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[amibroker] Re: Example of buying top N stocks ranked by some metric - no takers?



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--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> 
wrote:
> Buzz,
> the gif will be visible in purbytes tomorrow, I will post the ref 
> when available. Until then, I think you got the message:      If 
you 
> d e f i n e carefully EW, then AFL will be on your side. After the 
> basic code, you may add details, both qualitative and quantitative.

Yes, this will be quite fine, and thank you for the guidance to get 
me started in the right direction.


> I will post the basic code tomorrow, for both AA and IB windows. 
> The rest will be left to you,...

That is all I really need to move forward and 'take over'.  Thank 
you, again!


>... I would be happy to stay out of this chapter, I don't believe 
there is something interesting in EW literature [sorry about that].

No apology necessary.  You've been a GREAT help, and I appreciate it 
VERY MUCH!!


> Back to you soon, it is 1:30 after this Friday midnight in Athens, 
> it is time for a cold beer and I hope you agree...
> Dimitris Tsokakis

I ABSOLUTELY agree!!!  (;->)  Whenever you're ready to continue will 
be just fine, Dimitris ........ ENJOY and get some rest!!

Buzz
----------------

> --- In amibroker@xxxxxxxxxxxxxxx, "buzzmr" <buzzmr@xxxx> wrote:
> > --- In amibroker@xxxxxxxxxxxxxxx, "Dimitris Tsokakis" 
> <TSOKAKIS@xxxx> 
> > wrote:
> > > In
> > > http://finance.groups.yahoo.com/group/amibroker/message/65542
> > > Buzz wrote, among the others
> > > "I simply wanted some direction to help me determine
> > > if 'the wheel had been already invented' using AFL ..OR.. if 
there
> > > are some coding suggestions, OR cautions, when using AFL for
> > > programming AB to do the specific job of E.W.-candidate 
> PRELIMINARY
> > > SCREENING --- that's all. In this regard, Dimitris's commentary 
> has
> > > been MOST helpful and useful, and I see I have to do 
> more 'homework'
> > > regarding defining the process and then implementing the
> > > coding."
> > > Buzz,
> > > Let us be creative.
> > > We will  code EW if we have a clear definition of EW. 
> > > Else, we will talk till June 2014 [or more] and, to be honest, 
I 
> > have better things to do.[suppose the same for you]
> > > Let us see the first http://www.equis.com/Education/TAAZ/?
page=53
> > > chart.
> > > Do we agree that
> > > 01. E0, E2, E4, E6 and E8 are troughs
> > > 02. E1, E3, E5 and E7 are peaks 
> > > 11. E5>E3>E1
> > > 12. E4>E2>E0
> > > 13. E5>E7
> > > 14. E6>E8
> > > 15. E5>E7
> > > 16. point E8 is *after* point E7
> > > 
> > > If positive, the AFL code is coming from the corner.
> > > If your interpretation for EW sequence is different, please 
> advise 
> > *before* the code.
> > > Dimitris Tsokakis
> > 
> > Dimitris,
> > 
> > Thank you for taking the time to assist in this process.  I VERY 
> MUCH 
> > appreciate YOU for it!!
> > 
> > I was NOT able to see the 00e.gif attachment, but I DID retrieve 
> the 
> > TAAZ chart.  I believe we DO agree on your statements 01,02, and 
11 
> > thru 16 (although I think 13 is identical to 15 and 
superfluous?).  
> I 
> > will restate the conditions from the point 'labels' on the TAAZ 
> chart:
> > 
> > 01.  {'p0'(not labeled), p2, p4, pA, pC} are troughs, where 'pX' 
> > refers to 'point x' or ('pivot x'),
> > 
> > 02.  {p1, p3, p5, pB} are peaks,
> > 11.  p5 > p3 > p1,
> > 12.  p4 > p2 > 'p0'
> > 13.  p5 > pB
> > 14.  pA > pC
> > 15.   (repeat of 13.)
> > 16.  [ n0 < n1 < n2 < n3 < n4 < n5 < nA < nB < nC ], where 'nX' 
is 
> > the data bar number where each 'pX' point occurs, and corresponds 
> to 
> > a sequential TIME marker;  hence, ['nB < nC'] or ["E8 is 'after' 
> E7"] 
> > are EQUIVALENT statements.
> > 
> > There are some additional constraints as well:
> > 
> > 21.  (p1-p2) < (p1-'p0')
> > 22.  (p3-p2) >> (p1-'p0'),  [say, (p3-p2) > 1.2*(p1-'p0') ]
> > 23.  (p3-p4) < (p3-p2)
> > 24.  (pB-pA) < (p5-pA)
> > 25.  (p5-pC) << (p5-'p0'),  [say, (p5-pC) < 0.7*(p5-'p0') ]
> > 
> > #13 is actually 'encompassed' in #24 and so may be eliminated.  I 
> > think there may be some additional redundancies, but to keep 
things 
> > clear for right now, I'll leave the rest alone.
> > 
> > From my current understanding of E.W., this would seem to be the 
> > minimum set of constraints and conditions for the TAAZ example 
> > prototype chart pattern.
> > 
> > I'm beginning to see how this may be programmed in AFL, but I'll 
> > readily admit that this is rather involved.  It looks like it's a 
> > matter of being very careful to make sure all constraints are 
> > properly encoded (as in any OTHER programming endeavor!!).  This 
> > seems like a reasonable place to start.....
> > 
> > Thanks, Dimitris!!
> > 
> > Buzz



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