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Steve, thanks, I was trying the bands with several
different stocks and find that the results need to be correlated
with other indicator results. Only then did it seem that the
results were effective in the long(Buy) or short(sell)
determination. I will keep looking at it and let you know if
you have come up with a crystal ball that is not visible as of
yet. Thanks for your interest. Marshall
-------Original
Message-------
Date: 05/31/05
17:31:08
Subject: Re:
[amibroker] Re: Moving Average Channels
Hi Marshall,
No, I dont have any special
expertise with them - there was a recent question asking if it was
possible to draw the bands so that 85% of the bars would be
automatically included - I just thought it might be
interesting to try and write the code.
Steve
----- Original Message -----
Sent: Tuesday, May 31, 2005
5:37 PM
Subject: Re: [amibroker] Re:
Moving Average Channels
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Steve, A rhetorical question, but; Have you
worked with the bands long enough to have some
comments on how they should be worked and evaluated
for best performance. I have been trying it as
an indicator with subtle results, even a little
confusion. Marshall
-------Original
Message-------
Date: 05/31/05
15:18:38
Subject: Re:
[amibroker] Re: Moving Average Channels
I sent it as an attachment. If
you dont receive these posts as e-mails, I
guess
you wouldn't see it. I have included it
below.
Steve
----------------------------------------------------------------
//
user defined params
Field =
Avg;
MovAvgPds = 13;
LookbackPds =
63;
StepPct = 0.25; // increment bands by this
percent each step
WantInChan = 85; // want 85%
of bars to be inside channel
// error handling
for stocks with very few bars
MovAvgPds = Min(
MovAvgPds, BarCount - 3 );
LookbackPds = Min(
LookbackPds, BarCount );
// optimization
loop
StepAmt = LastValue( Field ) * StepPct /
100; // calculate % for each stock
MovAvg = MA(
Field, MovAvgPds );
UpperBand = LowerBand =
MovAvg;
KeepLooping = True;
for( Incr =
StepAmt; Incr < LastValue( Field ) AND KeepLooping;
Incr = Incr
+ StepAmt )
{
UpperBand
= MovAvg + Incr;
LowerBand = MovAvg -
Incr;
InChan = High < UpperBand AND Low >
LowerBand;
TotalInChan = Sum (InChan,
LookbackPds );
PctInChan = LastValue(
TotalInChan / Min( LookbackPds, BarsSince( IsEmpty(
MovAvg ) ) ) * 100 ); // more error
handling
if( PctInChan >= WantInChan
)
{
KeepLooping = False;
ChanPts
= UpperBand - MovAvg;
ChanPct = ChanPts /
MovAvg * 100;
}
}
// plot
indicator
Plot( Close, "Close", colorBlack,
styleCandle );
Plot( MovAvg, "MA", colorWhite,
styleLine|styleNoTitle );
Plot( MovAvgPds, "MA
Pd", colorDarkRed,
styleOwnScale|styleNoLine|styleNoLabel
);
Plot( LookbackPds, "LB Pd", colorDarkRed,
styleOwnScale|styleNoLine|styleNoLabel
);
Plot( TotalInChan, "Inside Bars",
colorDarkRed,
styleOwnScale|styleNoLine|styleNoLabel
);
Plot( PctInChan, "% Inside Bars",
colorDarkRed,
styleOwnScale|styleNoLine|styleNoLabel
);
Plot( UpperBand, "Upper Band", colorBlue,
styleLine|styleNoTitle );
Plot( LowerBand,
"Lower Band", colorBlue, styleLine|styleNoTitle
);
Plot( ChanPts, "Chan $", colorBlue,
styleOwnScale|styleNoLine|styleNoLabel
);
Plot( ChanPct, "Chan %", colorBlue,
styleOwnScale|styleNoLine|styleNoLabel
);
----- Original Message -----
From:
"ckinsey2003" <ckinsey2003@xxxxxxxxx>
To:
<amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday,
May 31, 2005 9:27 AM
Subject: Re: [amibroker] Re:
Moving Average Channels
> Steve, Thanks
for fixing it but I don't see the new code ??
<G>
>
> Ever
hopefull,
Jack
>
>
>
>
>
>
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
>
>
>
Yahoo! Groups
Links
>
>
>
>
>
>
>
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
| |
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
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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