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You may see the expected chart at
http://www.elitetrader.com/vb/showthread.php?s=&threadid=41534
Dimitris
--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
wrote:
>
> The green peaks give premature exit points.
> When followed by a lower green peak [divergence] give important
exit
> points !
> [black circle]
> The respective red peaks give premature entries.
> If a divergence occurs [white circle] then some great entries are
> predicted.
> [Oct8, 2002-March24, 2004-Aug11, 2004 etc]
> Run for the N100 database, all quotations the
>
> // The main N100 turning points, by D. Tsokakis, Nov2004
> y=DEMA(StochD(),20);
> z=(y>70)*BarsSince(y<Ref(y,-1));
> zz=(y<30)*BarsSince(y>Ref(y,-1));
> AddToComposite(z,"~z","V");
> AddToComposite(zz,"~zz","V");
> Buy=0;
>
> to create the composites.
> Then see the graphs with
>
> Plot(200,"",colorBlack,styledashed);
> Plot(400,"",colorBlack,styledashed);
> PER=5;
> p=DEMA(Foreign("~z","v"),PER);
> t=DEMA(Foreign("~zz","v"),PER);
> Plot(p ,"p",colorBrightGreen,8);
> Plot(t ,"t",colorRed,8);
> CondP=Ref(p,-1)==HHV(p,3);
> CondT=Ref(t,-1)==HHV(t,3);
> p0=ValueWhen(CondP,Ref(p,-1));
> t0=ValueWhen(CondT,Ref(T,-1));
> PlotShapes(shapeCircle*(p0<Ref(p0,-1) AND Ref(p,-1)
>200),colorBlack);
> PlotShapes(shapeCircle*(t0<Ref(t0,-1) AND Ref(t,-1)
>200),colorWhite);
>
> The signal for the most recent green peak was known after the Nov18
> close.
> It was equivalent to Sell at Nov19 open !
> [A probable lower green peak above 200 will signal the end of the
> recent uptrend...]
>
> Dimitris
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