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[amibroker] Re: Potential Customer With Question About Scanning



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Anthony,

I remember your name from way back when.  :-)  

The formula looks very simple (which I like), but...

In looking at your formula, it looks like it returns divergence for a 
single symbol and then plots the divergence on a chart.   Correct?  
If "yes", that's not quite what I'm looking for.

Is it possible to write a similar scan which searches through 3000 
symbols displays or saves a list of only the 50-100 where there is a 
divergence?

Thanks in advance for any help,

Dan.

--- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso" <ajf1111@xxxx> 
wrote:
> x=Divergence(LinRegSlope(C,20),LinRegSlope(OBV(),20),1);
> 
> Plot(x,"x",colorRed,styleHistogram);
> 
>   ----- Original Message ----- 
>   From: danclarksammy 
>   To: amibroker@xxxxxxxxxxxxxxx 
>   Sent: Monday, April 18, 2005 8:41 PM
>   Subject: [amibroker] Potential Customer With Question About 
Scanning
> 
> 
> 
> 
>   Hi,
> 
> 
>   I was an AmiBroker customer in the past and liked it a lot.  
>   Unfortunately, my trading/investing has taken in a different
>   direction in the last couple of years.  Now, I'm thinking about 
>   coming back, but I have one major need that I must address - 
>   scanning a database of historical data using Linear Regression 
Slope.
> 
>   I want to create a scan that will find and return all symbols in 
a 
>   database of daily data where the Linear Regression of Price is 
>   diverging from the Linear Regression of an indicator (like 
Chaikin 
>   Money Flow, On-balance Volume, RSI or relative strength to 
another 
>   symbol).  
> 
>   For example:
> 
>   1) Calculate the 20 day Linear Regression Slope of every symbol's 
>   closing price.
> 
>   2) Calculate the 20 day Linear Regression Slope of every symbol's 
On-
>   Balance Volume.
> 
>   3) Find all symbols in the datatabase where LR Slopes are 
>   diverging.  I.e.:
> 
>   -- LR Slope of Price is negative and LR Slope of On-balance 
Volume 
>   is positive, OR
> 
>   -- LR Slope of Price is positive and LR Slope of On-balance 
Volume 
>   is negative.
> 
>   Ideally, AmiBroker would allow me to dynamically modify the 
Linear 
>   Regression periods and the Indicator selected, but I'd be happy 
to 
>   even implement the basic scan.
> 
>   Can this LR Divergence scan be performed in AmiBroker?
> 
>   Thanks and regards,
> 
>   Dan.
> 
> 
> 
> 
> 
> 
> 
> 
>   Please note that this group is for discussion between users only.
> 
>   To get support from AmiBroker please send an e-mail directly to 
>   SUPPORT {at} amibroker.com
> 
>   For other support material please check also:
>   http://www.amibroker.com/support.html
> 
> 
> 
> 
> 
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