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Willem
You might want to get this book too;
Claude E. Cleeton's, The Art of Independent
Investing, Executive Success Library Edition, March 1979,
HG4521.C513,
332.6'78, 76-9039, Printice-Hall, Inc
Back in the late 70's I found it very valuable. Cleeton shows you
how to do the Hurst math, so to speak.
Dan
--- In amibroker@xxxxxxxxxxxxxxx, "paulradge" <paulradge@xxx> wrote:
>
> Fred,
> looks interesting,,,so i've ordered the Hurst and Millard
book from amazon.
> regards
> Paul
>
>
> Thanks Fred.
>
> Willem Jan
>
> --- In amibroker@xxxxxxxxxxxxxxx, Fred Tonetti <ftonetti@> wrote:
> >
> > Here's the Hurst DE AFL I previously mentioned I would
post ...
> >
> >
> >
> > It INCLUDES PolyFit.AFL, which you can get at the AB library,
in
> order to do
> > the extrapolations.
> >
> >
> >
> > Functionality
> >
> >
> >
> > - You can plot up to 5 lengths ... This can be increased with
the
> inclusion
> > of one or two statements if desired.
> >
> > - Bands at the moment are percentage oriented, but it would be
> relatively
> > simple to allow them to be based on StDev as well.
> >
> > - Always works up to the bar YOU select by creating CMA's ( my
> version,
> > slightly modified for additional smoothness ) up to n/2 bars (
> Where n in
> > the CMA Length ) prior and then extrapolating from that point
on.
> >
> > - Extrapolation will always be at least to the bar you
selected
> and can be
> > extended beyond that by parameter selection.
> >
> > - Band color change ( Dark to Light ) and Down / Up triangles
show
> where
> > CMA's end and Extrapolation begins.
> >
> > - The extrapolation portion of any given band can of course
change
> after the
> > fact for any given bar but once a CMA for a particular bar has
been
> > calculated it is in essence frozen from that point forward.
> >
> >
> >
> > There is then NO forward looking of this AFL ... It does
however
> purposely
> > offset arrays so that it can plot beyond the last bar in the
chart.
> >
> >
> >
> > See attached macro & detailed views and afl ...
> >
> > <<...>> <<...>> <<...>>
> >
>
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