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

[amibroker] Re: WHAT IS YOUR OPINION?



PureBytes Links

Trading Reference Links

I wouldn't call myself very knowledgeable with AB!

Not sure exactly what you mean by "linear Zig /Peak/Trough".

It appears they have several auto plots (channel etc) ... referencing 
the first auto trend line example.

IMO it is not based on Zig Zag but it could be described at linear 
peak/trough.
It looks like they use a version of peak, or trough, to identify the 
start of a trend and then use cross of the current trend line as the 
trend end.

Note that there are several versions of a peak and trough around ... 
personally I don't agree with them except for the most simple 
definition e.g. a peak == lower high, higher high and lower high 
across three consecutive bars (it can also be 2.1.2 bars for a more 
conservative approach but I don't like that as much as 1.1.1).

Once you have two lower highs (peaks) then you have a downtrend 
(according to this model).

>From their example there are a couple of minor trends missing but the 
rest of it fits the model.

I have coded peaks and troughs (and variations thereon) in this way 
but I havenot tried to plot an auto trend line.
I have plotted lines that visually give the exact same info, or that 
could trigger a coded response to the end of a 'trend' BUT they were 
not trend lines as such (I considered each lower low/higher high as a 
natural support or resistance line).

I don't have the code handy although I could possibly find it (I 
don't archive code because it makes me mentally lazy and too attached 
to old trading ideas ... if and when I reinstall AB I start afresh 
with no saved AFL) ... possibly I have a hard copy, or a AFL file 
somewhere on an old drive, left over from my archiving days.

If I trip over it, with a quick search I will post it ... if I don't 
post it that indicates I burnt the code (sorry I can't take time out 
to renew research on trendlines at the moment).


If you are interested in pattern recognition then Thomas.Z and 
PatternExplorer are worth a thought.

Ensign seem to also have auto Gann lines and Fibo lines.
I think Bill Seward is a Gann and Fibonacci guy and his work may also 
be worth consideration.

Either of them might provide a leg up.

http://www.amibroker.com/links.html

If you like doing it yourself there must be some code around 
somewhere that attmempts autotrends.

brian_z


--- In amibroker@xxxxxxxxxxxxxxx, "Tim" <raven4ns@xxx> wrote:
>
> What do you think they are using in this Ensign study called Auto
> trends. Is it zig zag , or linear Zig /Peak/Trough. Perhaps some of
> the members who are very knowledgeable with Amibroker can tell me.
> Here is the url for the Ensign study: 
> 
>  http://ensign.editme.com/t58analysis 
> 
> Thank you for your thoughts on this matter.
> 
> Kindest regards,
> 
> Tim
>



------------------------------------

**** IMPORTANT ****
This group is for the discussion between users only.
This is *NOT* technical support channel.

*********************
TO GET TECHNICAL 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/