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Hi Jim,
Please send me also a copy of your Metastock formulas,tests,
explorations,..etc.
Thank You,
M.Ayalew
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> Subject: Re: Tema
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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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