[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [amibroker] Re: Coloring the chart in accordance with the trend



PureBytes Links

Trading Reference Links

dbw451 wrote:
> This approach means I don?t 
> trigger a trend trade until the 3^rd wave and I miss the trend trade for 
> the first wave of a trend change (which is usually the largest).  In 
> other words, I?ll trade the first pullback of a new trend confirmed by 
> swing length differences being larger than my multiple.
> 
> Your code framework looks fine as long as you realize (which I?m sure 
> you do) that the Zig indicator (i.e. Peak/Trough) look into the future, 
> so values compared against them should not be used in a trading system.  

David, I think that both your points above are consistent with the 
framework adopted. A new trend is called against a break above/below the 
previous high/low only if a new low/high is in place. This way the zig's 
look-into-the-future feature should not be a problem and the entry point 
can be both the breakout and the pullback.

j



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 NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/

For other support material please check also:
http://www.amibroker.com/support.html
 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/amibroker/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:amibroker-digest@xxxxxxxxxxxxxxx 
    mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/
 


-- 
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.441 / Virus Database: 268.18.3/693 - Release Date: 2/19/2007 5:01 PM