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Hans,
I've got a MetaStock import file with my formulas, tests,
explorations, etc on it. If you want it yell and I'll email it to
you.
Jim
-----Original Message-----
From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, July 22, 1998 3:30 PM
Subject: Re: Tema
>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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