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Jim or anyone,
I have a database with stocks and mutual funds which Metastock reads. I
would like to know of a way to separate the stocks from the mutual funds
other than taking my time to take the 2,000 + mutual funds in the database
out one by one. I tried to use the Explorer with V=0 believing that if a
security has no volume that it would be a mutual fund but apparently this
is doing something else as it gave a ton of securities such as WMX which
has plenty of volume. What would be the right exploration parameters to
work on mutual funds only?
Thanks.
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> From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Fibs
> Date: Saturday, July 18, 1998 12:31 PM
>
> Rick,
> I haven't used the Lucas numbers, but I'm sold on Fibs.
>
> Jim
> -----Original Message-----
> From: Rick Mortellra <rmjapan@xxxxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Saturday, July 18, 1998 12:10 PM
> Subject: Re: Fibs
>
>
> >I don't think anyone has made a fundamentally sound arguement for why
> using
> >Fib parameters works. But I agree, they are uncanny. There's also
> another
> >set called Lucas numbers that possesses the same "golden ratio"
> >characteristic. I think series begins with 2, 1, 3, 4, 7, 11, 18, 29,
> 47,
> >76, 123, 199, etc.
> >
> >cheers,
> >Rick
> >
> >PS. Congrats on the EGGS call Jim!
> >
> >
> >-----Original Message-----
> >From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> >To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >Date: Saturday, July 18, 1998 12:28 PM
> >Subject: Re: Tema
> >
> >
> >>Steve,
> >> I use Fibonacci numbers in a lot of my system tests. I don't
> >>know why, but they seem to work better.
> >>
> >>Jim
> >>-----Original Message-----
> >>From: Steve Karnish <kernish@xxxxxxxxxxxx>
> >>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >>Date: Friday, July 17, 1998 8:20 PM
> >>Subject: Re: Tema
> >>
> >>
> >>>Jim,
> >>>I noticed in your advice to Bill that you used the numbers: 21,
> >>>34, 55. What part does Fibonacci numbers play in your overall
> >>>anlaysis? Is anyone out there going beyond the arcs,
> >>>retracements, and period tools that MS provides?
> >>>Steve Karnish
> >>>CCT
> >>>
> >>>----------
> >>>> From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> >>>> To: metastock@xxxxxxxxxxxxx
> >>>> Subject: Re: Tema
> >>>> Date: Friday, July 17, 1998 1:04 PM
> >>>>
> >>>> Bill,
> >>>> That's right, what you have is a system test formula.
> >>>The
> >>>> explorer can't optimize, where the system tester can. To use
> >>>the
> >>>> formula in the Explorer, you have to replace opt2. Start out
> >>>using
> >>>> 21, then you can try the other values of 34 or 55 to see which
> >>>you
> >>>> like best. In fact you can experiment with any number you
> >>>want.
> >>>>
> >>>> Jim
> >>>> -----Original Message-----
> >>>> From: Bill G Bolumen <BOLUMENB@xxxxxxxxxxx>
> >>>> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >>>> Date: Thursday, July 16, 1998 6:24 PM
> >>>> Subject: Re: Tema
> >>>>
> >>>>
> >>>> >Jim,
> >>>> >I am not good at all with formulas and I was trying to copy
> >>>your
> >>>> Short
> >>>> >Formula into explorer and it says that "optimization
> >>>variables are
> >>>> not
> >>>> >allowed in this type of formula"
> >>>> >What else do I need to other than just inputting the short
> >>>formula
> >>>> into the
> >>>> >explorer?
> >>>> >Thanks,
> >>>> >Bill
> >>>> >
> >>>> >----------
> >>>> >> From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> >>>> >> To: metastock@xxxxxxxxxxxxx
> >>>> >> Subject: Re: Tema
> >>>> >> Date: Wednesday, July 15, 1998 6:54 PM
> >>>> >>
> >>>> >> CMA,
> >>>> >> I'll copy an old post below.
> >>>> >>
> >>>> >> Jim
> >>>> >> --------------------------------------
> >>>> >> The Rsquared, S/C,MFI test is based on linear
> >>>regression.
> >>>> >> RSquared is a function that measures how strong a data
> >>>array of
> >>>> given
> >>>> >> length is trending. A return of one correlates to a very
> >>>strong
> >>>> trend
> >>>> >> in either direction. A return of zero correlates to no
> >>>trend. I'm
> >>>> >> using it to tell me when there is no trend over the last 21
> >>>days,
> >>>> or
> >>>> >> that rsquared(C,21) is less than 0.15. Now that we have no
> >>>trend,
> >>>> we
> >>>> >> would expect one to start in the next 5 to 13 days. If one
> >>>does
> >>>> start
> >>>> >> we want to determine the direction and get in early.
> >>>Therefore
> >>>> >> Rsquared is used as a trigger, using it as an ALERT
> >>>function. With
> >>>> >> the ALERT given, if all the rest of the conditions are met
> >>>any time
> >>>> >> within a 13 day period, the buy signal will be generated.
> >>>I'm then
> >>>> >> using S/C and MFI to determine trend start and direction.
> >>>> >> S/C is nothing more than the normalized 34 day
> >>>LinRegSlope of
> >>>> the
> >>>> >> close. I normalize it by dividing it by the close so
> >>>charts are
> >>>> more
> >>>> >> directly comparable. I also multiply by 10000 just to get
> >>>numbers
> >>>> >> between 0 and a few hundred. Finally I apply Tema
> >>>smoothing to get
> >>>> a
> >>>> >> smoother plot. The theory is that if S/C is rising then a
> >>>uptrend
> >>>> is
> >>>> >> in progress. If S/C is falling a down trend is in
> >>>progress. I
> >>>> check
> >>>> >> this by making sure that tema(S/C) is larger than an
> >>>optimized
> >>>> value
> >>>> >> (opt1) and is rising. I use the function HHV(X,5) =
> >>>HHV(X,13) to
> >>>> >> check. This is just a quick way to determine if the most
> >>>reason
> >>>> >> values of X have been rising. If the condition is met,
> >>>then S/C is
> >>>> >> rising. Similarly if it met the condition LLV(X,5) =
> >>>LLV(C,13) it
> >>>> >> would be falling.
> >>>> >> I double check the result by also making sure that MFI
> >>>is also
> >>>> >> rising. When all conditions are met within 13 days of the
> >>>alert,
> >>>> we
> >>>> >> get a buy signal. The converse is true for a sell signal.
> >>>Since
> >>>> the
> >>>> >> market is biased upwards, I add two additional checks for
> >>>the
> >>>> short -
> >>>> >> MFI less then 0 and the 55 day variable moving average
> >>>falling. I
> >>>> >> close the positions when the trend has stopped. For the
> >>>long
> >>>> position
> >>>> >> I check that the Tema(MFI) is below 0, the Tema(S/C) is
> >>>below opt 1
> >>>> >> and a 55 day exp moving average is falling. Short
> >>>positions tend
> >>>> to
> >>>> >> move faster, so I only look the 144 day moving aver to
> >>>begin rising
> >>>> to
> >>>> >> close that position. The complete test follows:
> >>>> >>
> >>>> >> ENTER LONG:
> >>>> >> Alert(RSquared(C,21) < 0.15,13) AND
> >>>> >> Tema(10000*LinRegSlope(C,34)/C,34) > opt1 AND
> >>>> >> HHV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
> >>>> >> HHV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
> >>>> >> HHV(Tema(MFI(55),55),5) = HHV(Tema(MFI(55),55),13)
> >>>> >>
> >>>> >> CLOSE LONG:
> >>>> >>
> >>>> >> Tema(MFI(55),55) - 50 < 0 AND
> >>>> >> Tema(10000*LinRegSlope(C,34)/C,34) < opt1 AND
> >>>> >> LLV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
> >>>> >> LLV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
> >>>> >> LLV(Tema(MFI(55),55),5) = LLV(Tema(MFI(55),55),13)
> >>>> >>
> >>>> >> ENTER SHORT
> >>>> >>
> >>>> >> Alert(RSquared(C,21) < 0.15,13) AND
> >>>> >> Tema(10000*LinRegSlope(C,34)/C,34) < opt2 AND
> >>>> >> LLV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
> >>>> >> LLV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
> >>>> >> LLV(Tema(MFI(55),55),5) = LLV(Tema(MFI(55),55),13) AND
> >>>> >> Tema(MFI(55),55) - 50 < 0 AND
> >>>> >> LLV(Mov(C,55,VAR),5) = LLV(Mov(C,55,VAR),13)
> >>>> >>
> >>>> >> CLOSE SHORT
> >>>> >>
> >>>> >> HHV(Mov(C,55,VAR),5) = HHV(Mov(C,55,VAR),13) AND
> >>>> >> Tema(MFI(55),55) - 50 > 0
> >>>> >>
> >>>> >> OPTIMIZATION:
> >>>> >>
> >>>> >> OPT1: Min=-34 Max=-8 Step=13
> >>>> >> OPT2: Min=-55 Max=-21 Step=34
> >>>> >>
> >>>> >> -----Original Message-----
> >>>> >> From: amc amc <cma6@xxxxxxxxx>
> >>>> >> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >>>> >> Date: Wednesday, July 15, 1998 11:09 AM
> >>>> >> Subject: Tema
> >>>> >>
> >>>> >>
> >>>> >> >
> >>>> >> >To Jim Greening:Don't know if you have covered this, but
> >>>can you
> >>>> >> >describe Tema S/C and Tema MFI (money flow index?),
> >>>howconstructed
> >>>> >> >and how interpreted. Thanks, CMA
> >>>> >> >
> >>>> >> >
> >>>> >> >
> >>>> >> >_________________________________________________________
> >>>> >> >DO YOU YAHOO!?
> >>>> >> >Get your free @yahoo.com address at http://mail.yahoo.com
> >>>> >> >
> >>>> >>
> >>>> >>
> >>>>
> >>>>
> >>
> >>
> >>
> >>
> >
>
>
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