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Bill,
If your mutual fund data has the same price in H, L, and C, try
something like H-L=0 for your scan.
Jim
-----Original Message-----
From: Bill G Bolumen <BOLUMENB@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Sunday, July 19, 1998 2:47 PM
Subject: Re: Fibs
>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.
>
>----------
>> 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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