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That simple definition sheds some light on a couple of issues for me,
too.
S.
--- In amibroker@xxxxxxxxxxxxxxx, Graham <kavemanperth@xxxx> wrote:
>
> 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@xxxx> 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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