Re: [amibroker] Re: Bling Freddy trend

[Bundy <bundy@xxxxxx>]

John,

Thanks for that - I suspected as much but couldn't confirm it.

Here in Australia we have a burgeoning trading guru industry - with people 
simply rebadging indicators as their own can't fail system and charging 
bucket loads fo dough for them. :(

Arthur

:
 >Arthur,
 >
 >Per TASC June,2002 Your tradestation formula is the Trend Intensity
 >Index and not Trend Intensity Indicator. Well actually all you are
 >missing is
 >if TII >80 then
 >  Buy next bar at market
 >else if TII < 20 then
 >  Sell next bar at market;
 >Do you need the Trend Intensity Index?
 >If so this is what I have
 >
 >x=Param("number of periods", 5,5,100,5);
 >Mov=MA(C,2*x);
 >sdp=Sum(IIf(C-Mov>0, C-Mov,0),x);
 >sdm=Sum(IIf(Mov-C>0, Mov-C,0),x);
 >TII = sdp / ( sdp + sdm ) * 100 ;
 >Plot(TII,"TII",1,1);
 >//IIf(TII>=80, 1, IIf(TII<=20,-1, 0));
 >
 >
 >
 >Hope This Helps,
 >
 >John
 >
 >
 >--- In amibroker@xxxxxxxxxxxxxxx, Bundy <bundy@xxxx> wrote:
 >> I have a tradestation formula for an indicator called the Trend
 >Intensity Indicator.
 >
 >I am aware there is an indicator called the Trade Intensity Index
 >that has already been covered in the mailing list, but I am led to
 >understand that this indicator is different.
 >
 >I am wondering if someone could please translate the code to AFL?
 >
 >inputs:
 >        AvgLength( 60 ),
 >        DevCalcLength( 30 ) ;
 >variables:
 >        Avg( 0 ),
 >        SDPlus( 0 ),
 >        SDMinus( 0 ),
 >        Dev( 0 ),
 >        Offset( 0 ),
 >        TII( 0 ) ;
 >Avg = Average( Close, AvgLength ) ;
 >SDPlus = 0 ;
 >SDMinus = 0 ;
 >for Offset = 0 to DevCalcLength - 1
 >        begin
 >        Dev = Close[Offset] - Avg ;
 >        if Dev > 0 then
 >                SDPlus = SDPlus + Dev
 >        else
 >                SDMinus = SDMinus - Dev ;
 >        end ;
 >TII = SDPlus / ( SDPlus + SDMinus ) * 100 ;
 >Plot1(TII,"TrendInten");
 >
 >Arthur



------------------------ Yahoo! Groups Sponsor --------------------~--> 
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~-> 

Check AmiBroker web page at:
http://www.amibroker.com/

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/