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Hans,
I haven't gotten any idea, they work for me <G>. Exactly which
test did you select and how did you select it? Please give me step by
step detail. Also, was it a test copied from a test I posted or was
it from my import file. Are you using MS Version 6.5?
Jim
-----Original Message-----
From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, July 21, 1998 3:00 PM
Subject: Re: Tema
>Hi Jim:
>
>I entered your Tema Formula into the System Tester and have run it
over a
>number of stocks w/o getting any results. The Tester tells me it is
going
>to run 6 tests and when the "completed" window appears, the "Reports"
button
>is greyed out. Any ideas as to what I may be missing? Thanks.
>
>Hans
>-----Original Message-----
>From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Wednesday, July 15, 1998 5:45 PM
>Subject: Re: Tema
>
>
>>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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