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Scan provides trade signals only. You need to define buy, sell cover
or short toi get scan results
Explore provides whatever you define
--
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
http://e-wire.net.au/~eb_kavan/ab_write.htm
On 11/27/05, original_nightstalker <nightstalker@xxxxxxxxxxx> wrote:
>
> Chris - it has been noted that a breakout will often occur after a "green squeeze", where all the shorter-term EMAs have squeezed together, then start to fan out above the longer term EMAs. While on its own, this should be no great surprise, if used in a scan along with a couple of other indicators, then perhaps an early signal to buy may be given. Any that turn up on such a scan would certainly be worth putting on the watchlist and then using the daily charts to time the perfect entry.
>
> I can't post graphics on here, but have a look at the chart for SEN, for example, and check the "green squeeze" and breakout just as the trend starts to shoot north. That's the sort of thing worth scanning for, so thank you once again for a job well done with the exploration formula. It works perfectly here, after I adjusted the lookback days to 3, changed the EMAs to the time periods I use, and ran the exploration with "n=5 days" in the Analysis window.
>
> Just on that point - what exactly IS the difference between scan and explore? I know that if I go to 'Scan' with your formula, I get an error about something not being defined, but it works perfectly as an "Explore". Never been clear on the difference and the use of the terminology there - to me, a scan and an exploration would seem to be the same thing.... but what do I know? :)
>
> Thanks again mate - very much appreciated :)
>
> Regards, NightStalker.
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, kris45mar <kris45mar@xxxx> wrote:
> >
> > Nightstalker.
> >
> > Well it's a start and glad this helps.
> > Must be simpler ways to do this too.
> >
> > If it would not be too much of an imposition I'd be interested to know how you use this in your trading plan: as a setup, a trigger or just to add to a watchist?
> >
> > Regards
> >
> > ChrisB
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