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Jim, sorry to trouble you. Everything is working fine today.
I have no idea what (if anything), I did different, but after copying your
formula (from the original of this post), directly into the System Tester
(MS 6.5), and running it over several charts, I got what I described below.
Anyway, today it works. Now all I have to do is figure out how to interpret
the results (I need to go back and review your post).
Thanks again,
Hans
-----Original Message-----
From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, July 21, 1998 3:15 PM
Subject: Re: Tema
>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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